The Mosaic Company (NYSE:MOS) Stake Boosted by Core Alternative Capital

Core Alternative Capital boosted its position in The Mosaic Company (NYSE:MOS - Free Report) by 162.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 164,512 shares of the basic materials company's stock after purchasing an additional 101,713 shares during the quarter. Core Alternative Capital owned about 0.05% of Mosaic worth $4,443,000 at the end of the most recent quarter.

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

Insider Buying and Selling at Mosaic

In other Mosaic 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 transaction, the senior vice president owned 128,546 shares of the company's stock, valued at $4,592,948.58. The trade was a 12.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.86% of the company's stock.

Analyst Ratings Changes

MOS has been the topic of a number of recent analyst reports. CIBC lifted their price objective 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. Royal Bank Of Canada upgraded shares of Mosaic from a "sector perform" rating to an "outperform" rating and boosted their price target for the stock from $30.00 to $40.00 in a research report on Thursday, May 8th. Oppenheimer boosted their target price on Mosaic from $33.00 to $40.00 and gave the stock an "outperform" rating in a report on Tuesday, May 13th. JPMorgan Chase & Co. boosted their target price on Mosaic from $29.00 to $35.00 and gave the stock an "overweight" rating in a report on Friday, May 9th. Finally, Scotiabank reissued an "outperform" rating on shares of Mosaic in a research note on Wednesday, May 14th. Six equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Mosaic has an average rating of "Moderate Buy" and an average price target of $35.08.

Mosaic Trading Up 1.1%

NYSE MOS traded up $0.41 on Monday, hitting $37.68. 4,873,531 shares of the company were exchanged, compared to its average volume of 4,829,169. The Mosaic Company has a twelve month low of $22.36 and a twelve month high of $38.06. The company's 50 day moving average price is $34.86 and its 200-day moving average price is $29.22. The firm has a market capitalization of $11.95 billion, a P/E ratio of 32.48, a price-to-earnings-growth ratio of 2.17 and a beta of 1.12. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.12 and a quick ratio of 0.44.

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