54,371 Shares in The Mosaic Company (NYSE:MOS) Bought by ASR Vermogensbeheer N.V.

Key Points

• ASR Vermogensbeheer N.V. has made a new investment of approximately $1.47 million in The Mosaic Company, purchasing 54,371 shares in the first quarter.
• The Mosaic Company reported a net margin of 8.35% and earnings of $0.51 per share, missing analysts' expectations.
• Institutional investors and hedge funds now hold 77.54% of Mosaic's stock, indicating significant confidence from larger investment entities.

ASR Vermogensbeheer N.V. bought a new position in The Mosaic Company (NYSE:MOS - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 54,371 shares of the basic materials company's stock, valued at approximately $1,468,000.

Other large investors have also recently added to or reduced their stakes in the company. Cary Street Partners Financial LLC bought a new position in shares of Mosaic during the 1st quarter worth approximately $481,000. ING Groep NV grew its stake in shares of Mosaic by 126.9% during the 1st quarter. ING Groep NV now owns 847,760 shares of the basic materials company's stock worth $22,898,000 after acquiring an additional 474,090 shares in the last quarter. Blair William & Co. IL grew its stake in shares of Mosaic by 5.9% in the first quarter. Blair William & Co. IL now owns 37,009 shares of the basic materials company's stock valued at $1,000,000 after buying an additional 2,047 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Mosaic by 10.4% in the first quarter. PNC Financial Services Group Inc. now owns 53,765 shares of the basic materials company's stock valued at $1,452,000 after buying an additional 5,065 shares in the last quarter. Finally, Barings LLC grew its stake in shares of Mosaic by 166.1% in the first quarter. Barings LLC now owns 322,205 shares of the basic materials company's stock valued at $8,703,000 after buying an additional 201,131 shares in the last quarter. Institutional investors own 77.54% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Royal Bank Of Canada reissued an "outperform" rating on shares of Mosaic in a research note on Monday, July 14th. Wells Fargo & Company decreased their target price on shares of Mosaic from $38.00 to $34.00 and set an "equal weight" rating for the company in a research note on Thursday. Wall Street Zen raised shares of Mosaic from a "hold" rating to a "buy" rating in a research report on Saturday, July 5th. CIBC lifted their price objective on shares of Mosaic from $32.00 to $33.00 and gave the stock a "neutral" rating in a research report on Friday, May 9th. Finally, Scotiabank reduced their price objective on shares of Mosaic from $42.00 to $39.00 and set a "sector outperform" rating for the company in a research report on Monday. Five investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $36.42.

Insider Buying and Selling at Mosaic

In other Mosaic news, SVP Walter F. Precourt III sold 18,000 shares of the company's stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $35.73, for a total value 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 represents a 12.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.86% of the stock is owned by insiders.

Mosaic Price Performance

MOS stock traded up $0.51 during midday trading on Monday, reaching $32.49. The company had a trading volume of 5,291,492 shares, compared to its average volume of 5,605,252. The company has a market capitalization of $10.31 billion, a price-to-earnings ratio of 11.01, a price-to-earnings-growth ratio of 1.59 and a beta of 1.12. The stock has a 50 day moving average price of $35.78 and a 200-day moving average price of $30.94. The Mosaic Company has a 1-year low of $22.36 and a 1-year high of $38.23. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.44.

Mosaic (NYSE:MOS - Get Free Report) last issued its earnings results on Tuesday, August 5th. The basic materials company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.20). The business had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3.11 billion. Mosaic had a return on equity of 4.74% and a net margin of 8.35%. The firm's revenue was up 6.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.54 EPS. Equities research analysts expect that The Mosaic Company will post 2.04 earnings per share for the current year.

Mosaic 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.