Foundry Partners LLC Acquires 81,932 Shares of The Mosaic Company (NYSE:MOS)

Foundry Partners LLC boosted its position in The Mosaic Company (NYSE:MOS - Free Report) by 14.2% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 657,808 shares of the basic materials company's stock after purchasing an additional 81,932 shares during the quarter. Foundry Partners LLC owned about 0.21% of Mosaic worth $17,767,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

MOS has been the topic of several analyst reports. Royal Bank Of Canada reissued an "outperform" rating on shares of Mosaic in a research report on Monday, July 14th. BNP Paribas raised shares of Mosaic to a "strong-buy" rating in a research report on Wednesday, April 9th. Wall Street Zen raised shares of Mosaic from a "hold" rating to a "buy" rating in a research report on Saturday, July 5th. Scotiabank reissued an "outperform" rating on shares of Mosaic in a research report on Wednesday, May 14th. Finally, Wells Fargo & Company lifted their target price on shares of Mosaic from $35.00 to $38.00 and gave the stock an "equal weight" rating in a research report on Thursday. Six analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $35.58.

Mosaic Stock Performance

NYSE:MOS traded up $0.95 during trading hours on Friday, hitting $36.22. 4,523,216 shares of the company traded hands, compared to its average volume of 4,850,797. The stock has a market capitalization of $11.49 billion, a price-to-earnings ratio of 31.22, a P/E/G ratio of 2.11 and a beta of 1.12. 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 50-day moving average of $35.80 and a 200 day moving average of $29.93. The Mosaic Company has a twelve month low of $22.36 and a twelve month high of $38.23.

Mosaic (NYSE:MOS - Get Free Report) last posted its earnings results 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. The business had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.70 billion. Mosaic had a net margin of 3.32% and a return on equity of 4.91%. The firm's quarterly revenue was down 2.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.65 EPS. On average, analysts forecast that The Mosaic Company will post 2.04 EPS for the current year.

Insider Buying and Selling at Mosaic

In related news, SVP Walter F. Precourt III sold 18,000 shares of the stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $35.73, for a total transaction of $643,140.00. Following the completion of the sale, the senior vice president directly owned 128,546 shares of the company's stock, valued at approximately $4,592,948.58. This 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. 0.50% of the stock is owned by corporate insiders.

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.