Live Oak Private Wealth LLC Grows Stake in The Mosaic Company (NYSE:MOS)

Live Oak Private Wealth LLC increased its position in The Mosaic Company (NYSE:MOS - Free Report) by 25.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 99,333 shares of the basic materials company's stock after buying an additional 20,307 shares during the period. Live Oak Private Wealth LLC's holdings in Mosaic were worth $2,683,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Mosaic by 36.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 56,284 shares of the basic materials company's stock worth $1,520,000 after acquiring an additional 14,943 shares in the last quarter. Innealta Capital LLC bought a new stake in Mosaic in the first quarter worth $247,000. PFG Investments LLC purchased a new stake in Mosaic during the first quarter valued at $215,000. Abundance Wealth Counselors lifted its position in Mosaic by 18.6% during the first quarter. Abundance Wealth Counselors now owns 22,364 shares of the basic materials company's stock valued at $609,000 after purchasing an additional 3,510 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its stake in shares of Mosaic by 0.8% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 116,101 shares of the basic materials company's stock worth $3,136,000 after buying an additional 868 shares in the last quarter. 77.54% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on MOS shares. Royal Bank Of Canada raised shares of Mosaic from a "sector perform" rating to an "outperform" rating and increased their price target for the company from $30.00 to $40.00 in a report on Thursday, May 8th. JPMorgan Chase & Co. raised their price target on Mosaic from $29.00 to $35.00 and gave the stock an "overweight" rating in a research report on Friday, May 9th. BNP Paribas raised shares of Mosaic to a "strong-buy" rating in a research note on Wednesday, April 9th. Wall Street Zen cut shares of Mosaic from a "buy" rating to a "hold" rating in a research report on Saturday, June 7th. Finally, UBS Group raised their target price on shares of Mosaic from $28.00 to $31.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. Seven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $34.58.

Insider Transactions at Mosaic

In related news, SVP Walter F. Precourt III sold 18,000 shares of the company's 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 completion of the sale, the senior vice president now directly owns 128,546 shares in the company, valued at $4,592,948.58. This represents a 12.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.86% of the company's stock.

Mosaic Stock Down 1.4%

NYSE MOS traded down $0.49 on Tuesday, reaching $35.55. 3,808,448 shares of the stock traded hands, compared to its average volume of 4,817,608. The Mosaic Company has a 12 month low of $22.36 and a 12 month high of $37.69. The company has a market cap of $11.28 billion, a price-to-earnings ratio of 30.65, a PEG ratio of 2.11 and a beta of 1.14. The company has a fifty day moving average price of $33.32 and a 200-day moving average price of $28.50. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.44 and a current ratio of 1.12.

Mosaic (NYSE:MOS - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The basic materials company reported $0.49 earnings per share 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 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 earnings per share. The firm's quarterly revenue was down 2.2% on a year-over-year basis. As a group, research analysts forecast that The Mosaic Company will post 2.04 EPS for the current fiscal 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.