US Bancorp DE cut its position in shares of Mosaic Company (The) (NYSE:MOS) by 6.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 35,243 shares of the basic materials company’s stock after selling 2,344 shares during the period. US Bancorp DE’s holdings in Mosaic Company (The) were worth $804,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Cleararc Capital Inc. increased its position in shares of Mosaic Company (The) by 0.3% in the first quarter. Cleararc Capital Inc. now owns 8,543 shares of the basic materials company’s stock worth $249,000 after buying an additional 29 shares during the period. Great Lakes Advisors LLC boosted its stake in shares of Mosaic Company (The) by 0.7% in the first quarter. Great Lakes Advisors LLC now owns 16,994 shares of the basic materials company’s stock worth $496,000 after buying an additional 119 shares in the last quarter. Investment Centers of America Inc. boosted its stake in shares of Mosaic Company (The) by 1.7% in the first quarter. Investment Centers of America Inc. now owns 8,121 shares of the basic materials company’s stock worth $238,000 after buying an additional 132 shares in the last quarter. Bank of Hawaii boosted its stake in shares of Mosaic Company (The) by 0.5% in the first quarter. Bank of Hawaii now owns 36,209 shares of the basic materials company’s stock worth $1,057,000 after buying an additional 180 shares in the last quarter. Finally, Tocqueville Asset Management L.P. boosted its stake in shares of Mosaic Company (The) by 0.4% in the first quarter. Tocqueville Asset Management L.P. now owns 49,920 shares of the basic materials company’s stock worth $1,457,000 after buying an additional 219 shares in the last quarter. 82.40% of the stock is owned by hedge funds and other institutional investors.

Mosaic Company (MOS) traded down 1.31% during midday trading on Friday, hitting $20.34. The stock had a trading volume of 5,511,973 shares. Mosaic Company has a one year low of $20.06 and a one year high of $34.36. The stock has a 50-day moving average price of $23.09 and a 200 day moving average price of $26.43. The firm has a market cap of $7.14 billion, a PE ratio of 48.43 and a beta of 1.24.

Mosaic Company (The) (NYSE:MOS) last released its quarterly earnings data on Tuesday, August 1st. The basic materials company reported $0.29 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.25 by $0.04. Mosaic Company (The) had a return on equity of 3.31% and a net margin of 2.07%. The business had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.75 billion. During the same quarter in the previous year, the firm posted $0.06 EPS. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. On average, analysts predict that Mosaic Company will post $1.07 earnings per share for the current year.

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A number of brokerages have weighed in on MOS. BidaskClub cut Mosaic Company (The) from a “sell” rating to a “strong sell” rating in a research note on Friday. Stifel Nicolaus reiterated a “hold” rating and issued a $24.00 price objective (down previously from $27.00) on shares of Mosaic Company (The) in a research note on Tuesday. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $23.00 price objective (down previously from $25.00) on shares of Mosaic Company (The) in a research note on Tuesday. Morgan Stanley reduced their price objective on Mosaic Company (The) from $27.00 to $25.00 and set an “equal weight” rating for the company in a research note on Monday, August 7th. Finally, Zacks Investment Research cut Mosaic Company (The) from a “hold” rating to a “sell” rating in a research note on Monday, August 7th. Seven equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $25.36.

In related news, Director Nancy E. Cooper sold 1,100 shares of the business’s stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $23.39, for a total transaction of $25,729.00. Following the completion of the transaction, the director now owns 8,260 shares in the company, valued at approximately $193,201.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.38% of the company’s stock.

About Mosaic Company (The)

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.

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Institutional Ownership by Quarter for Mosaic Company (The) (NYSE:MOS)

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