Inlight Wealth Management LLC Has $134,000 Stock Position in The Mosaic Company (NYSE:MOS)

Inlight Wealth Management LLC trimmed its position in The Mosaic Company (NYSE:MOS - Free Report) by 78.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,972 shares of the basic materials company's stock after selling 18,590 shares during the period. Inlight Wealth Management LLC's holdings in Mosaic were worth $134,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Intellectus Partners LLC lifted its position in Mosaic by 3.3% in the 4th quarter. Intellectus Partners LLC now owns 12,350 shares of the basic materials company's stock worth $304,000 after buying an additional 400 shares during the last quarter. Arizona State Retirement System increased its stake in Mosaic by 0.5% during the 4th quarter. Arizona State Retirement System now owns 92,550 shares of the basic materials company's stock valued at $2,275,000 after purchasing an additional 471 shares in the last quarter. Probity Advisors Inc. raised its stake in shares of Mosaic by 6.2% in the fourth quarter. Probity Advisors Inc. now owns 8,701 shares of the basic materials company's stock worth $214,000 after purchasing an additional 508 shares during the last quarter. United Capital Financial Advisors LLC boosted its holdings in shares of Mosaic by 7.1% during the 4th quarter. United Capital Financial Advisors LLC now owns 8,947 shares of the basic materials company's stock valued at $220,000 after acquiring an additional 592 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its stake in shares of Mosaic by 0.7% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 100,156 shares of the basic materials company's stock worth $2,462,000 after buying an additional 683 shares during the last quarter. 77.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Mosaic

In other news, SVP Walter F. Precourt III sold 18,000 shares of the stock in a transaction 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 sale, the senior vice president now owns 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.50% of the company's stock.

Mosaic Stock Down 0.2%

Shares of MOS traded down $0.07 during mid-day trading on Wednesday, reaching $35.47. The company's stock had a trading volume of 3,972,705 shares, compared to its average volume of 4,810,697. The company has a market cap of $11.25 billion, a price-to-earnings ratio of 30.58, a price-to-earnings-growth ratio of 2.07 and a beta of 1.14. The Mosaic Company has a 1 year low of $22.36 and a 1 year high of $37.69. 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 business has a fifty day moving average of $33.49 and a 200 day moving average of $28.55.

Mosaic (NYSE:MOS - Get Free Report) last announced its quarterly 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 for 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 company's revenue for the quarter was down 2.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.65 earnings per share. As a group, analysts forecast that The Mosaic Company will post 2.04 earnings per share for the current fiscal year.

Analyst Ratings Changes

MOS has been the topic of several analyst reports. UBS Group lifted their target price on Mosaic from $28.00 to $31.00 and gave the company a "neutral" rating in a research report on Wednesday, May 7th. Piper Sandler reaffirmed a "neutral" rating and set a $30.00 price objective on shares of Mosaic in a report on Thursday, March 27th. Oppenheimer lifted 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. Mizuho dropped their target price on shares of Mosaic from $29.00 to $28.00 and set a "neutral" rating on the stock in a research note on Monday, March 3rd. Finally, BNP Paribas upgraded Mosaic to a "strong-buy" rating in a research note on Wednesday, April 9th. Seven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $34.58.

Mosaic Company 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.