Integrated Investment Consultants LLC Lowers Stock Holdings in The Mosaic Company (NYSE:MOS)

Key Points

• Integrated Investment Consultants LLC reduced its holdings in The Mosaic Company by 46.5% during the first quarter, owning 10,262 shares valued at approximately $277,000 after selling 8,930 shares.
• Several hedge funds adjusted their positions in Mosaic, with ANTIPODES PARTNERS Ltd increasing its holdings by 76.1% for a total of 5,575 shares, and Cetera Investment Advisers boosting its position by 17.7%.
• Analysts have a “Moderate Buy” average rating on Mosaic with price targets ranging from $33.00 to $43.00, indicating continued interest and optimism in the stock's performance.

Integrated Investment Consultants LLC cut its holdings in shares of The Mosaic Company (NYSE:MOS - Free Report) by 46.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,262 shares of the basic materials company's stock after selling 8,930 shares during the quarter. Integrated Investment Consultants LLC's holdings in Mosaic were worth $277,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Applied Finance Capital Management LLC purchased a new position in shares of Mosaic in the 1st quarter worth about $209,000. Cetera Investment Advisers boosted its position in Mosaic by 17.7% during the 1st quarter. Cetera Investment Advisers now owns 23,375 shares of the basic materials company's stock worth $631,000 after purchasing an additional 3,511 shares during the period. ANTIPODES PARTNERS Ltd increased its holdings in Mosaic by 76.1% in the 1st quarter. ANTIPODES PARTNERS Ltd now owns 5,575 shares of the basic materials company's stock valued at $151,000 after purchasing an additional 2,409 shares in the last quarter. Cadence Wealth Management LLC increased its holdings in Mosaic by 6.2% in the 1st quarter. Cadence Wealth Management LLC now owns 23,254 shares of the basic materials company's stock valued at $628,000 after purchasing an additional 1,365 shares in the last quarter. Finally, Pinnacle Associates Ltd. raised its position in Mosaic by 34.1% in the first quarter. Pinnacle Associates Ltd. now owns 47,791 shares of the basic materials company's stock valued at $1,291,000 after purchasing an additional 12,141 shares during the period. Institutional investors and hedge funds own 77.54% of the company's stock.

Analysts Set New Price Targets

MOS has been the subject of a number of analyst reports. Oppenheimer restated an "outperform" rating and issued a $43.00 price target (up previously from $39.00) on shares of Mosaic in a report on Tuesday, July 15th. CIBC raised their price target on shares of Mosaic from $32.00 to $33.00 and gave the stock a "neutral" rating in a research report on Friday, May 9th. BNP Paribas raised shares of Mosaic to a "strong-buy" rating in a research report on Wednesday, April 9th. Wells Fargo & Company upped their price target on Mosaic from $35.00 to $38.00 and gave the company an "equal weight" rating in a research report on Thursday, July 17th. Finally, Wall Street Zen raised shares of Mosaic from a "hold" rating to a "buy" rating in a report on Saturday, July 5th. Five analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $36.75.

Insiders Place Their Bets

In other Mosaic news, SVP Walter F. Precourt III sold 18,000 shares of the firm'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 owned 128,546 shares of the company's stock, valued at approximately $4,592,948.58. This trade represents a 12.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.50% of the stock is owned by insiders.

Mosaic Price Performance

Shares of NYSE:MOS opened at $36.91 on Friday. The firm's 50 day moving average is $36.04 and its two-hundred day moving average is $30.33. The firm has a market capitalization of $11.71 billion, a P/E ratio of 31.82, a PEG ratio of 1.67 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 Mosaic Company has a 52 week low of $22.36 and a 52 week 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 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 firm had revenue of $2.62 billion for the quarter, compared to analysts' expectations of $2.70 billion. During the same period last year, the firm earned $0.65 EPS. The firm's revenue was down 2.2% compared to the same quarter last year. Analysts anticipate that The Mosaic Company will post 2.04 earnings per share for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.