Charles Schwab Investment Management Inc. Purchases 226,856 Shares of The Mosaic Company (NYSE:MOS)

Charles Schwab Investment Management Inc. lifted its position in shares of The Mosaic Company (NYSE:MOS - Free Report) by 6.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,595,452 shares of the basic materials company's stock after acquiring an additional 226,856 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.13% of Mosaic worth $97,113,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Cambridge Investment Research Advisors Inc. lifted its stake in Mosaic by 36.1% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 56,284 shares of the basic materials company's stock valued at $1,520,000 after buying an additional 14,943 shares in the last quarter. Yousif Capital Management LLC boosted its position in Mosaic by 1.3% in the 1st quarter. Yousif Capital Management LLC now owns 53,172 shares of the basic materials company's stock valued at $1,436,000 after buying an additional 685 shares during the last quarter. Oppenheimer & Co. Inc. purchased a new position in Mosaic in the 1st quarter valued at about $1,119,000. Wealth Enhancement Advisory Services LLC boosted its position in Mosaic by 19.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 47,186 shares of the basic materials company's stock valued at $1,275,000 after buying an additional 7,828 shares during the last quarter. Finally, Vontobel Holding Ltd. boosted its position in Mosaic by 12.8% in the 1st quarter. Vontobel Holding Ltd. now owns 23,543 shares of the basic materials company's stock valued at $636,000 after buying an additional 2,663 shares during the last quarter. Hedge funds and other institutional investors own 77.54% of the company's stock.

Wall Street Analysts Forecast Growth

MOS has been the topic of several research analyst reports. UBS Group increased their price target on shares of Mosaic from $45.00 to $46.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Royal Bank Of Canada reiterated an "outperform" rating on shares of Mosaic in a research note on Monday, July 14th. Oppenheimer reiterated an "outperform" rating and set a $43.00 price objective (up previously from $39.00) on shares of Mosaic in a research note on Tuesday, July 15th. Wall Street Zen upgraded shares of Mosaic from a "hold" rating to a "buy" rating in a research note on Saturday, July 5th. Finally, CIBC raised their price target on shares of Mosaic from $32.00 to $33.00 and gave the company a "neutral" rating in a research note on Friday, May 9th. Five equities research 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. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $36.42.

Insider Buying and Selling at Mosaic

In other news, SVP Walter F. Precourt III sold 18,000 shares of the firm's stock in a transaction 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 transaction, the senior vice president owned 128,546 shares in the company, valued at approximately $4,592,948.58. This trade represents a 12.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.50% of the company's stock.

Mosaic Price Performance

NYSE:MOS traded up $0.37 during trading hours on Friday, reaching $32.47. 3,387,077 shares of the company's stock were exchanged, compared to its average volume of 5,588,410. The company has a market capitalization of $10.30 billion, a P/E ratio of 11.01, a price-to-earnings-growth ratio of 1.53 and a beta of 1.12. The Mosaic Company has a 12 month low of $22.36 and a 12 month high of $38.23. 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 business's 50-day simple moving average is $35.48 and its two-hundred day simple moving average is $30.98.

Mosaic (NYSE:MOS - Get Free Report) last issued its 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). The company had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3.11 billion. Mosaic had a net margin of 8.35% and a return on equity of 4.74%. The company's quarterly revenue was up 6.7% on a year-over-year basis. During the same period last year, the business earned $0.54 EPS. Sell-side analysts expect that The Mosaic Company will post 2.04 EPS for the current fiscal year.

About Mosaic

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.