Carolina Wealth Advisors LLC Makes New Investment in The Mosaic Company (NYSE:MOS)

Carolina Wealth Advisors LLC acquired a new stake in The Mosaic Company (NYSE:MOS - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 237,300 shares of the basic materials company's stock, valued at approximately $6,409,000. Mosaic accounts for about 3.5% of Carolina Wealth Advisors LLC's holdings, making the stock its 8th biggest position. Carolina Wealth Advisors LLC owned 0.07% of Mosaic as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. NBC Securities Inc. purchased a new stake in Mosaic in the 1st quarter valued at $26,000. Compagnie Lombard Odier SCmA acquired a new stake in Mosaic in the first quarter valued at about $27,000. Heck Capital Advisors LLC acquired a new stake in shares of Mosaic in the fourth quarter valued at about $41,000. Ethos Financial Group LLC acquired a new position in shares of Mosaic during the 4th quarter worth $55,000. Finally, ANTIPODES PARTNERS Ltd lifted its stake in Mosaic by 115.1% in the 4th quarter. ANTIPODES PARTNERS Ltd now owns 3,166 shares of the basic materials company's stock valued at $78,000 after buying an additional 1,694 shares in the last quarter. Hedge funds and other institutional investors own 77.54% of the company's stock.

Mosaic Stock Performance

Shares of Mosaic stock traded up $0.29 during trading on Tuesday, hitting $36.77. 5,579,665 shares of the stock were exchanged, compared to its average volume of 4,812,582. The company has a current ratio of 1.12, a quick ratio of 0.44 and a debt-to-equity ratio of 0.28. The company has a fifty day moving average price of $33.99 and a 200-day moving average price of $28.77. The stock has a market capitalization of $11.66 billion, a price-to-earnings ratio of 31.70, a price-to-earnings-growth ratio of 2.06 and a beta of 1.14. The Mosaic Company has a 1-year low of $22.36 and a 1-year high of $37.69.

Mosaic (NYSE:MOS - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The basic materials company reported $0.49 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $2.70 billion. During the same period last year, the firm earned $0.65 earnings per share. Mosaic's revenue for the quarter was down 2.2% compared to the same quarter last year. As a group, equities analysts predict that The Mosaic Company will post 2.04 EPS for the current fiscal year.

Insider Transactions at Mosaic

In other news, SVP Walter F. Precourt III sold 18,000 shares of Mosaic stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $35.73, for a total transaction of $643,140.00. Following the sale, the senior vice president directly owned 128,546 shares of the company's stock, valued at approximately $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 SEC, which can be accessed through the SEC website. 0.86% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on MOS. UBS Group increased their price target on Mosaic from $28.00 to $31.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 7th. Mizuho cut their price target on shares of Mosaic from $29.00 to $28.00 and set a "neutral" rating on the stock in a report on Monday, March 3rd. Oppenheimer lifted their target price on Mosaic from $33.00 to $40.00 and gave the company an "outperform" rating in a research note on Tuesday, May 13th. The Goldman Sachs Group initiated coverage on shares of Mosaic in a report on Thursday, March 13th. They issued a "buy" rating and a $31.00 price objective for the company. Finally, Barclays reaffirmed an "overweight" rating and issued a $40.00 price target (up previously from $33.00) on shares of Mosaic in a report on Wednesday, May 14th. Seven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $34.58.

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.