Integrated Investment Consultants LLC Sells 8,930 Shares of The Mosaic Company $MOS

Key Points

• Integrated Investment Consultants LLC reduced its holdings in The Mosaic Company by 46.5%, now owning 10,262 shares worth $277,000.
• Several institutional investors have recently changed their positions in Mosaic, with 77.54% of the stock now owned by institutional investors.
• The Mosaic Company reported $0.51 EPS for the last quarter, missing estimates by $0.20, while revenue for the quarter was $3.01 billion, below analyst expectations.

Integrated Investment Consultants LLC trimmed its holdings in shares of The Mosaic Company (NYSE:MOS - Free Report) by 46.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,262 shares of the basic materials company's stock after selling 8,930 shares during the period. Integrated Investment Consultants LLC's holdings in Mosaic were worth $277,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Boston Partners raised its holdings in shares of Mosaic by 42.2% in the 1st quarter. Boston Partners now owns 7,979,380 shares of the basic materials company's stock valued at $215,540,000 after purchasing an additional 2,368,094 shares during the period. Fuller & Thaler Asset Management Inc. bought a new position in Mosaic in the 1st quarter valued at about $54,953,000. Criteria Caixa S.A.U. bought a new position in Mosaic in the 4th quarter valued at about $36,231,000. Nuveen LLC acquired a new position in shares of Mosaic during the 1st quarter worth approximately $33,897,000. Finally, Victory Capital Management Inc. grew its position in shares of Mosaic by 606.2% during the 1st quarter. Victory Capital Management Inc. now owns 1,389,335 shares of the basic materials company's stock worth $37,526,000 after purchasing an additional 1,192,602 shares in the last quarter. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, SVP Walter F. Precourt III sold 18,000 shares of the business's stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $35.73, for a total transaction 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. The trade was a 12.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.86% of the company's stock.

Analyst Ratings Changes

Several research firms recently issued reports on MOS. Wall Street Zen upgraded shares of Mosaic from a "hold" rating to a "buy" rating in a research report on Saturday, July 5th. UBS Group raised their target price on shares of Mosaic from $45.00 to $46.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Royal Bank Of Canada restated an "outperform" rating on shares of Mosaic in a research report on Monday, July 14th. JPMorgan Chase & Co. raised their target price on shares of Mosaic from $35.00 to $37.00 and gave the company an "overweight" rating in a research report on Monday, August 11th. Finally, Wells Fargo & Company dropped their price target on shares of Mosaic from $38.00 to $34.00 and set an "equal weight" rating for the company in a research note on Thursday, August 7th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Mosaic currently has an average rating of "Moderate Buy" and a consensus price target of $36.42.

Mosaic Stock Down 0.0%

Shares of NYSE MOS traded down $0.01 during mid-day trading on Tuesday, reaching $33.13. 1,218,479 shares of the company's stock traded hands, compared to its average volume of 5,531,198. The Mosaic Company has a 1-year low of $22.36 and a 1-year high of $38.23. The stock has a market cap of $10.51 billion, a P/E ratio of 11.23, a PEG ratio of 1.51 and a beta of 1.12. The business has a 50-day simple moving average of $35.15 and a 200 day simple moving average of $31.26. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.44.

Mosaic (NYSE:MOS - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share 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 firm had revenue of $3.01 billion for the quarter, compared to analysts' expectations of $3.11 billion. During the same quarter last year, the firm posted $0.54 earnings per share. The firm's revenue for the quarter was up 6.7% compared to the same quarter last year. On average, 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.