Mosaic Company (The) (NYSE:MOS) was upgraded by Cleveland Research from a “neutral” rating to a “buy” rating in a note issued to investors on Wednesday.

Several other brokerages have also commented on MOS. Morgan Stanley dropped their price objective on Mosaic Company (The) from $27.00 to $25.00 and set an “equal weight” rating on the stock in a report on Monday, August 7th. Royal Bank Of Canada dropped their price objective on Mosaic Company (The) to C$23.00 and set a “sector perform” rating on the stock in a report on Thursday, August 3rd. Zacks Investment Research raised Mosaic Company (The) from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 12th. Stifel Nicolaus reissued a “hold” rating and issued a $27.00 price objective on shares of Mosaic Company (The) in a report on Friday, July 14th. Finally, BMO Capital Markets reissued a “hold” rating and issued a $25.00 price objective on shares of Mosaic Company (The) in a report on Friday, September 8th. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the stock. Mosaic Company (The) currently has a consensus rating of “Hold” and a consensus price target of C$23.91.

Mosaic Company (NYSE MOS) traded down C$0.26 during trading on Wednesday, reaching C$22.38. The company had a trading volume of 4,451,158 shares, compared to its average volume of 4,089,657. The stock has a market capitalization of $7.88 billion, a price-to-earnings ratio of 22.02 and a beta of 1.27.

Mosaic Company (The) (NYSE:MOS) last posted its earnings results on Tuesday, October 31st. The company reported C$0.43 EPS for the quarter, topping the consensus estimate of C$0.25 by C$0.18. The firm had revenue of C$1.98 billion for the quarter, compared to analyst estimates of C$1.93 billion. Mosaic Company (The) had a return on equity of 3.61% and a net margin of 4.68%. Mosaic Company (The)’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period last year, the company earned $0.41 earnings per share. sell-side analysts forecast that Mosaic Company will post 0.88 EPS for the current fiscal year.

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In related news, Director Robert L. Lumpkins acquired 7,000 shares of Mosaic Company (The) stock in a transaction that occurred on Monday, August 21st. The shares were purchased at an average price of C$19.94 per share, for a total transaction of C$139,580.00. Following the completion of the transaction, the director now owns 9,339 shares in the company, valued at approximately C$186,219.66. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.38% of the company’s stock.

Institutional investors have recently made changes to their positions in the stock. YorkBridge Wealth Partners LLC lifted its position in Mosaic Company (The) by 13,636.4% during the third quarter. YorkBridge Wealth Partners LLC now owns 6,044 shares of the company’s stock worth $130,000 after buying an additional 6,000 shares in the last quarter. Pacer Advisors Inc. lifted its position in Mosaic Company (The) by 8.7% during the second quarter. Pacer Advisors Inc. now owns 7,366 shares of the company’s stock worth $168,000 after buying an additional 587 shares in the last quarter. CrestPoint Capital Management LLC purchased a new position in Mosaic Company (The) during the second quarter worth approximately $208,000. Greenwood Capital Associates LLC lifted its position in Mosaic Company (The) by 30.5% during the second quarter. Greenwood Capital Associates LLC now owns 9,445 shares of the company’s stock worth $216,000 after buying an additional 2,210 shares in the last quarter. Finally, Westover Capital Advisors LLC purchased a new position in Mosaic Company (The) during the second quarter worth approximately $218,000. Hedge funds and other institutional investors own 77.23% of the company’s stock.

Mosaic Company (The) Company Profile

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.

Analyst Recommendations for Mosaic Company (The) (NYSE:MOS)

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