Bleakley Financial Group LLC Acquires 13,679 Shares of The Mosaic Company (NYSE:MOS)

Bleakley Financial Group LLC boosted its holdings in The Mosaic Company (NYSE:MOS - Free Report) by 15.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 100,420 shares of the basic materials company's stock after buying an additional 13,679 shares during the period. Bleakley Financial Group LLC's holdings in Mosaic were worth $2,712,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. CWM LLC increased its position in Mosaic by 37.3% during the first quarter. CWM LLC now owns 16,137 shares of the basic materials company's stock worth $436,000 after acquiring an additional 4,382 shares during the period. Oxbow Advisors LLC increased its holdings in shares of Mosaic by 3.3% during the 1st quarter. Oxbow Advisors LLC now owns 210,261 shares of the basic materials company's stock worth $5,679,000 after purchasing an additional 6,671 shares during the period. New York State Common Retirement Fund increased its holdings in shares of Mosaic by 20.0% during the 1st quarter. New York State Common Retirement Fund now owns 225,271 shares of the basic materials company's stock worth $6,085,000 after purchasing an additional 37,500 shares during the period. Ballentine Partners LLC raised its position in shares of Mosaic by 31.2% during the first quarter. Ballentine Partners LLC now owns 11,363 shares of the basic materials company's stock valued at $307,000 after buying an additional 2,705 shares during the last quarter. Finally, Cerity Partners LLC lifted its stake in shares of Mosaic by 7.6% in the first quarter. Cerity Partners LLC now owns 41,068 shares of the basic materials company's stock valued at $1,109,000 after buying an additional 2,889 shares during the period. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Mosaic Price Performance

MOS traded down $0.39 during midday trading on Wednesday, hitting $35.51. The company had a trading volume of 4,232,840 shares, compared to its average volume of 4,839,137. The Mosaic Company has a twelve month low of $22.36 and a twelve month high of $38.23. The company has a market capitalization of $11.26 billion, a PE ratio of 30.61, a P/E/G ratio of 2.09 and a beta of 1.12. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.44 and a current ratio of 1.12. The firm's 50-day simple moving average is $35.66 and its 200-day simple moving average is $29.74.

Mosaic (NYSE:MOS - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The basic materials company reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.04. Mosaic had a net margin of 3.32% and a return on equity of 4.91%. The business had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.70 billion. During the same quarter last year, the business posted $0.65 earnings per share. Mosaic's revenue for the quarter was down 2.2% compared to the same quarter last year. Equities research analysts predict that The Mosaic Company will post 2.04 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on MOS shares. Scotiabank restated an "outperform" rating on shares of Mosaic in a research note on Wednesday, May 14th. Royal Bank Of Canada restated an "outperform" rating on shares of Mosaic in a research note on Monday. Barclays lifted their price target on shares of Mosaic from $40.00 to $46.00 and gave the stock an "overweight" rating in a research note on Monday, July 7th. Wall Street Zen upgraded shares of Mosaic from a "hold" rating to a "buy" rating in a research note on Saturday, July 5th. Finally, BNP Paribas raised shares of Mosaic to a "strong-buy" rating in a report on Wednesday, April 9th. Six research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $35.33.

Insider Buying and Selling

In other news, SVP Walter F. Precourt III sold 18,000 shares of the business'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 owned 128,546 shares in the company, valued at $4,592,948.58. The trade was a 12.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.50% of the company's stock.

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.