Flossbach Von Storch SE Makes New Investment in The Mosaic Company (NYSE:MOS)

Flossbach Von Storch SE bought a new position in shares of The Mosaic Company (NYSE:MOS - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 7,480 shares of the basic materials company's stock, valued at approximately $202,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of MOS. Cambridge Investment Research Advisors Inc. grew its position in Mosaic by 36.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 56,284 shares of the basic materials company's stock valued at $1,520,000 after purchasing an additional 14,943 shares in the last quarter. Yousif Capital Management LLC grew its holdings in shares of 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 acquiring an additional 685 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of Mosaic in the fourth quarter valued at about $1,054,000. Jones Financial Companies Lllp raised its holdings in Mosaic by 59.5% during the fourth quarter. Jones Financial Companies Lllp now owns 7,682 shares of the basic materials company's stock worth $189,000 after acquiring an additional 2,867 shares in the last quarter. Finally, Oppenheimer & Co. Inc. acquired a new position in Mosaic during the first quarter valued at approximately $1,119,000. Institutional investors and hedge funds own 77.54% of the company's stock.

Insider Activity

In related news, SVP Walter F. Precourt III sold 18,000 shares of the company's stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $35.73, for a total value of $643,140.00. Following the transaction, the senior vice president directly owned 128,546 shares in the company, valued at approximately $4,592,948.58. This represents a 12.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.50% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on MOS. Scotiabank reaffirmed an "outperform" rating on shares of Mosaic in a research report on Wednesday, May 14th. Royal Bank Of Canada upgraded shares of Mosaic from a "sector perform" rating to an "outperform" rating and boosted their target price for the stock from $30.00 to $40.00 in a report on Thursday, May 8th. CIBC increased 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. Oppenheimer boosted their price objective on shares of Mosaic from $33.00 to $40.00 and gave the stock an "outperform" rating in a research note on Tuesday, May 13th. Finally, UBS Group upped their target price on shares of Mosaic from $28.00 to $31.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. Six equities research analysts have rated the stock with a hold rating, seven 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 has an average rating of "Moderate Buy" and an average target price of $35.08.

Mosaic Stock Performance

Shares of NYSE:MOS traded up $0.48 during trading on Friday, reaching $36.42. 3,417,530 shares of the stock were exchanged, compared to its average volume of 4,831,561. The Mosaic Company has a 12 month low of $22.36 and a 12 month high of $38.23. The stock has a 50-day moving average price of $35.37 and a 200-day moving average price of $29.53. 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 firm has a market cap of $11.55 billion, a PE ratio of 31.40, a PEG ratio of 2.09 and a beta of 1.12.

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