Csenge Advisory Group Purchases Shares of 7,439 The Mosaic Company (NYSE:MOS)

Csenge Advisory Group purchased a new position in shares of The Mosaic Company (NYSE:MOS - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 7,439 shares of the basic materials company's stock, valued at approximately $203,000.

A number of other institutional investors have also recently bought and sold shares of the business. NBC Securities Inc. bought a new position in Mosaic in the 1st quarter valued at about $26,000. Compagnie Lombard Odier SCmA bought a new position in shares of Mosaic in the 1st quarter valued at $27,000. Allworth Financial LP lifted its position in shares of Mosaic by 102.3% during the 1st quarter. Allworth Financial LP now owns 1,062 shares of the basic materials company's stock worth $31,000 after buying an additional 537 shares during the last quarter. Heck Capital Advisors LLC bought a new stake in shares of Mosaic during the 4th quarter worth $41,000. Finally, Huntington National Bank lifted its position in shares of Mosaic by 54.1% during the 4th quarter. Huntington National Bank now owns 3,374 shares of the basic materials company's stock worth $83,000 after buying an additional 1,185 shares during the last quarter. Institutional investors and hedge funds own 77.54% of the company's stock.

Mosaic Trading Down 1.3%

Mosaic stock traded down $0.48 during trading hours on Friday, reaching $36.91. 5,210,800 shares of the company's stock were exchanged, compared to its average volume of 4,272,391. The company has a quick ratio of 0.44, a current ratio of 1.12 and a debt-to-equity ratio of 0.28. The firm's 50 day simple moving average is $36.04 and its 200 day simple moving average is $30.33. The Mosaic Company has a twelve month low of $22.36 and a twelve month high of $38.23. The firm has a market capitalization of $11.71 billion, a PE ratio of 31.82, a PEG ratio of 1.67 and a beta of 1.12.

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

Analyst Ratings Changes

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. increased their price target on Mosaic from $29.00 to $35.00 and gave the company an "overweight" rating in a research note on Friday, May 9th. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Mosaic in a research report on Monday, July 14th. Wall Street Zen raised Mosaic from a "hold" rating to a "buy" rating in a research report on Saturday, July 5th. Oppenheimer raised their target price on Mosaic from $39.00 to $43.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 15th. Finally, Barclays raised their target price on Mosaic from $40.00 to $46.00 and gave the stock an "overweight" rating in a research report on Monday, July 7th. Five investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Mosaic has an average rating of "Moderate Buy" and an average target price of $36.75.

Insider Activity at Mosaic

In other news, SVP Walter F. Precourt III sold 18,000 shares of the firm's stock in a transaction dated 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 sale, the senior vice president directly owned 128,546 shares in the company, 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 at this link. 0.50% of the stock is currently owned by corporate insiders.

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.