Cambridge Investment Research Advisors Inc. Purchases 14,943 Shares of The Mosaic Company (NYSE:MOS)

Cambridge Investment Research Advisors Inc. increased its position in The Mosaic Company (NYSE:MOS - Free Report) by 36.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,284 shares of the basic materials company's stock after purchasing an additional 14,943 shares during the period. Cambridge Investment Research Advisors Inc.'s holdings in Mosaic were worth $1,520,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MOS. Proficio Capital Partners LLC bought a new position in Mosaic during the 4th quarter valued at about $1,054,000. Jones Financial Companies Lllp lifted its stake in Mosaic by 59.5% during the 4th quarter. Jones Financial Companies Lllp now owns 7,682 shares of the basic materials company's stock valued at $189,000 after acquiring an additional 2,867 shares during the period. SBI Securities Co. Ltd. bought a new position in Mosaic during the 4th quarter valued at about $238,000. State of Michigan Retirement System lifted its stake in Mosaic by 2.5% during the 4th quarter. State of Michigan Retirement System now owns 103,876 shares of the basic materials company's stock valued at $2,553,000 after acquiring an additional 2,500 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in Mosaic by 4.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,368,596 shares of the basic materials company's stock valued at $82,800,000 after acquiring an additional 150,186 shares during the period. Institutional investors own 77.54% of the company's stock.

Mosaic Trading Down 1.4%

Mosaic stock opened at $37.29 on Friday. The firm has a 50 day moving average of $34.53 and a 200 day moving average of $28.97. The firm has a market capitalization of $11.83 billion, a price-to-earnings ratio of 32.14, a P/E/G ratio of 2.20 and a beta of 1.12. The Mosaic Company has a 12-month low of $22.36 and a 12-month high of $38.06. The company has a current ratio of 1.12, a quick ratio of 0.44 and a debt-to-equity ratio of 0.28.

Mosaic (NYSE:MOS - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The basic materials company reported $0.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.45 by $0.04. Mosaic had a net margin of 3.32% and a return on equity of 4.91%. The business had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.70 billion. During the same period last year, the firm posted $0.65 EPS. The company's revenue was down 2.2% on a year-over-year basis. As a group, research analysts predict that The Mosaic Company will post 2.04 earnings per share for the current year.

Insider Transactions at Mosaic

In other Mosaic news, SVP Walter F. Precourt III sold 18,000 shares of the stock in a transaction that occurred on 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 sale, the senior vice president directly owned 128,546 shares of the company's stock, valued at $4,592,948.58. This trade represents a 12.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.50% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. UBS Group upped their target price on shares of Mosaic from $28.00 to $31.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Oppenheimer upped their price target on shares of Mosaic from $33.00 to $40.00 and gave the company an "outperform" rating in a research report on Tuesday, May 13th. CIBC upped their price target on shares of Mosaic from $32.00 to $33.00 and gave the company a "neutral" rating in a research report on Friday, May 9th. Wells Fargo & Company upped their price target on shares of Mosaic from $28.00 to $35.00 and gave the company an "equal weight" rating in a research report on Monday, May 12th. Finally, Piper Sandler reaffirmed a "neutral" rating and set a $30.00 price target on shares of Mosaic in a research report on Thursday, March 27th. Seven research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $34.58.

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.

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