Aberdeen Group plc Has $687,000 Stake in The Mosaic Company $MOS

Key Points

• Aberdeen Group plc has reduced its stake in The Mosaic Company by 48.6%, now holding 25,475 shares valued at $687,000.
• Institutional investors now own 77.54% of Mosaic's stock, with notable stakes increased by Dimensional Fund Advisors LP and Kovitz Investment Group Partners LLC.
• Mosaic's latest earnings report showed a missed EPS estimate of $0.51, compared to the consensus of $0.71, and revenues of $3.01 billion, below expectations of $3.11 billion.

Aberdeen Group plc trimmed its position in The Mosaic Company (NYSE:MOS - Free Report) by 48.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,475 shares of the basic materials company's stock after selling 24,101 shares during the period. Aberdeen Group plc's holdings in Mosaic were worth $687,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. NBC Securities Inc. bought a new position in shares of Mosaic in the first quarter valued at $26,000. Compagnie Lombard Odier SCmA bought a new position in shares of Mosaic in the first quarter valued at $27,000. Allworth Financial LP raised its stake in Mosaic by 102.3% during the 1st quarter. Allworth Financial LP now owns 1,062 shares of the basic materials company's stock valued at $31,000 after purchasing an additional 537 shares during the period. Heck Capital Advisors LLC acquired a new stake in Mosaic during the 4th quarter valued at $41,000. Finally, Headlands Technologies LLC raised its stake in Mosaic by 132.7% during the 1st quarter. Headlands Technologies LLC now owns 2,634 shares of the basic materials company's stock valued at $71,000 after purchasing an additional 1,502 shares during the period. Institutional investors own 77.54% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on MOS shares. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Mosaic in a research note on Monday, July 14th. Wall Street Zen raised shares of Mosaic from a "hold" rating to a "buy" rating in a research note on Saturday, July 5th. JPMorgan Chase & Co. upped their price target on shares of Mosaic from $35.00 to $37.00 and gave the stock an "overweight" rating in a research note on Monday, August 11th. Oppenheimer reaffirmed an "outperform" rating and issued a $43.00 price target (up from $39.00) on shares of Mosaic in a research note on Tuesday, July 15th. Finally, CIBC upped their price target on shares of Mosaic from $32.00 to $33.00 and gave the stock a "neutral" rating in a research note on Friday, May 9th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $36.42.

Mosaic Stock Performance

MOS stock traded up $0.26 during mid-day trading on Wednesday, reaching $33.56. 2,161,484 shares of the stock traded hands, compared to its average volume of 5,531,489. The company has a quick ratio of 0.44, a current ratio of 1.14 and a debt-to-equity ratio of 0.26. The Mosaic Company has a 52 week low of $22.36 and a 52 week high of $38.23. The business has a 50-day moving average of $35.09 and a two-hundred day moving average of $31.27. The firm has a market capitalization of $10.65 billion, a PE ratio of 11.37, a P/E/G ratio of 1.54 and a beta of 1.12.

Mosaic (NYSE:MOS - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.71 by ($0.20). Mosaic had a net margin of 8.35% and a return on equity of 4.74%. The firm had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3.11 billion. During the same quarter last year, the company earned $0.54 earnings per share. The firm's revenue was up 6.7% on a year-over-year basis. As a group, equities analysts predict that The Mosaic Company will post 2.04 EPS for the current fiscal year.

Insider Buying and Selling

In other Mosaic news, SVP Walter F. Precourt III sold 18,000 shares of the firm's stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $35.73, for a total transaction of $643,140.00. Following the completion of the transaction, the senior vice president owned 128,546 shares in the company, valued at $4,592,948.58. This trade represents a 12.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.86% of the stock is currently owned by corporate insiders.

Mosaic Company Profile

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and Mosaic Fertilizantes. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names, as well as produces a double sulfate of potash magnesia product under K-Mag brand name.