Texas Permanent School Fund reduced its stake in Mosaic Company (The) (NYSE:MOS) by 3.6% during the second quarter, Holdings Channel reports. The firm owned 98,626 shares of the basic materials company’s stock after selling 3,696 shares during the period. Texas Permanent School Fund’s holdings in Mosaic Company (The) were worth $2,252,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of MOS. Vanguard Group Inc. increased its position in shares of Mosaic Company (The) by 3.6% in the first quarter. Vanguard Group Inc. now owns 35,460,881 shares of the basic materials company’s stock valued at $1,034,747,000 after buying an additional 1,233,929 shares during the period. BlackRock Inc. raised its stake in Mosaic Company (The) by 2,930.1% in the first quarter. BlackRock Inc. now owns 24,977,023 shares of the basic materials company’s stock valued at $728,828,000 after buying an additional 24,152,726 shares in the last quarter. Shapiro Capital Management LLC raised its stake in Mosaic Company (The) by 11.4% in the first quarter. Shapiro Capital Management LLC now owns 5,533,162 shares of the basic materials company’s stock valued at $161,458,000 after buying an additional 565,032 shares in the last quarter. Morgan Stanley raised its stake in Mosaic Company (The) by 5.4% in the first quarter. Morgan Stanley now owns 5,125,609 shares of the basic materials company’s stock valued at $149,565,000 after buying an additional 262,749 shares in the last quarter. Finally, FMR LLC raised its stake in Mosaic Company (The) by 171.9% in the first quarter. FMR LLC now owns 5,108,486 shares of the basic materials company’s stock valued at $149,066,000 after buying an additional 3,229,860 shares in the last quarter. Institutional investors own 82.40% of the company’s stock.

Mosaic Company (NYSE MOS) opened at 20.61 on Friday. Mosaic Company has a 12 month low of $20.39 and a 12 month high of $34.36. The stock has a market cap of $7.24 billion, a price-to-earnings ratio of 49.07 and a beta of 1.24. The stock’s 50 day moving average price is $23.15 and its 200-day moving average price is $26.51.

Mosaic Company (The) (NYSE:MOS) last announced its quarterly earnings data on Tuesday, August 1st. The basic materials company reported $0.29 earnings per share for the quarter, topping 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 firm had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.75 billion. During the same quarter in the prior year, the company posted $0.06 earnings per share. Mosaic Company (The)’s quarterly revenue was up 4.7% on a year-over-year basis. Equities research analysts predict that Mosaic Company will post $1.07 EPS for the current year.

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Several equities research analysts have commented on the company. Stifel Nicolaus restated a “hold” rating and issued a $24.00 price objective (down previously from $27.00) on shares of Mosaic Company (The) in a research report on Tuesday. Zacks Investment Research lowered Mosaic Company (The) from a “hold” rating to a “sell” rating in a research report on Monday. BMO Capital Markets set a $26.00 price objective on Mosaic Company (The) and gave the stock a “hold” rating in a research report on Saturday, May 6th. Royal Bank Of Canada lowered their price objective on Mosaic Company (The) from $25.00 to $23.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 2nd. Finally, Citigroup Inc. lowered their price objective on Mosaic Company (The) from $27.00 to $26.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 12th. Seven research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $25.36.

In related news, Director Nancy E. Cooper sold 1,100 shares of the company’s stock in a transaction 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 transaction, the director now owns 8,260 shares of the company’s stock, valued at $193,201.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.38% 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.

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

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