Deutsche Bank AG Sells 39,954 Shares of The Mosaic Company (NYSE:MOS)

Deutsche Bank AG lowered its stake in The Mosaic Company (NYSE:MOS - Free Report) by 1.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 3,632,329 shares of the basic materials company's stock after selling 39,954 shares during the quarter. Deutsche Bank AG owned 1.15% of Mosaic worth $98,109,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. grew its stake in shares of Mosaic by 6.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 3,595,452 shares of the basic materials company's stock worth $97,113,000 after acquiring an additional 226,856 shares during the last quarter. ASR Vermogensbeheer N.V. bought a new position in shares of Mosaic in the first quarter worth about $1,468,000. Cary Street Partners Financial LLC bought a new stake in Mosaic during the 1st quarter valued at approximately $481,000. ING Groep NV raised its stake in Mosaic by 126.9% during the 1st quarter. ING Groep NV now owns 847,760 shares of the basic materials company's stock valued at $22,898,000 after purchasing an additional 474,090 shares during the period. Finally, Blair William & Co. IL grew its holdings in Mosaic by 5.9% during the 1st quarter. Blair William & Co. IL now owns 37,009 shares of the basic materials company's stock valued at $1,000,000 after buying an additional 2,047 shares in the last quarter. Institutional investors own 77.54% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on MOS. JPMorgan Chase & Co. boosted their price objective on Mosaic from $35.00 to $37.00 and gave the company an "overweight" rating in a report on Monday. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Mosaic in a report on Monday, July 14th. UBS Group raised their target price on Mosaic from $45.00 to $46.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Scotiabank cut their target price on Mosaic from $42.00 to $39.00 and set a "sector outperform" rating for the company in a research note on Monday. Finally, Barclays lifted their price objective on Mosaic from $40.00 to $46.00 and gave the company an "overweight" rating in a research note on Monday, July 7th. Five analysts have rated the stock with a hold rating, eight 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 stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $36.42.

Insider Activity at Mosaic

In related news, SVP Walter F. Precourt III sold 18,000 shares of Mosaic 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 sale, the senior vice president directly owned 128,546 shares of the company's stock, valued at approximately $4,592,948.58. The trade was a 12.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.50% of the company's stock.

Mosaic Price Performance

Mosaic stock traded down $0.11 during trading hours on Thursday, hitting $32.10. 2,626,262 shares of the stock were exchanged, compared to its average volume of 5,594,832. The business's 50-day moving average is $35.57 and its two-hundred day moving average is $30.95. The Mosaic Company has a 12 month low of $22.36 and a 12 month high of $38.23. The stock has a market capitalization of $10.18 billion, a P/E ratio of 10.88, a P/E/G ratio of 1.51 and a beta of 1.12. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.44 and a current ratio of 1.14.

Mosaic (NYSE:MOS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.20). Mosaic had a return on equity of 4.74% and a net margin of 8.35%. The company had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3.11 billion. During the same period in the prior year, the company earned $0.54 EPS. The firm's revenue was up 6.7% on a year-over-year basis. Equities research 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.