The Mosaic Company (NYSE:MOS) Shares Bought by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lifted its holdings in shares of The Mosaic Company (NYSE:MOS - Free Report) by 31.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 94,470 shares of the basic materials company's stock after purchasing an additional 22,346 shares during the quarter. Nisa Investment Advisors LLC's holdings in Mosaic were worth $2,552,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MOS. Proficio Capital Partners LLC acquired a new stake in Mosaic in the 4th quarter valued at about $1,054,000. Raymond James Financial Inc. purchased a new position in Mosaic in the fourth quarter worth approximately $3,599,000. PNC Financial Services Group Inc. lifted its stake in Mosaic by 4.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 48,700 shares of the basic materials company's stock worth $1,197,000 after acquiring an additional 2,059 shares during the last quarter. Daiwa Securities Group Inc. grew its holdings in Mosaic by 7.9% during the 4th quarter. Daiwa Securities Group Inc. now owns 41,699 shares of the basic materials company's stock worth $1,025,000 after acquiring an additional 3,060 shares in the last quarter. Finally, Moors & Cabot Inc. increased its position in shares of Mosaic by 136.2% in the 4th quarter. Moors & Cabot Inc. now owns 18,495 shares of the basic materials company's stock valued at $455,000 after purchasing an additional 10,664 shares during the last quarter. 77.54% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Mosaic news, SVP Walter F. Precourt III sold 18,000 shares of the company's stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $35.73, for a total transaction of $643,140.00. Following the completion of the transaction, the senior vice president owned 128,546 shares in the company, valued at approximately $4,592,948.58. This represents a 12.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.86% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. BNP Paribas upgraded shares of Mosaic to a "strong-buy" rating in a research note on Wednesday, April 9th. Royal Bank Of Canada raised Mosaic from a "sector perform" rating to an "outperform" rating and upped their price objective for the stock from $30.00 to $40.00 in a research report on Thursday, May 8th. Barclays raised their target price on Mosaic from $40.00 to $46.00 and gave the stock an "overweight" rating in a research report on Monday, July 7th. CIBC upped their price target on Mosaic from $32.00 to $33.00 and gave the company a "neutral" rating in a report on Friday, May 9th. Finally, Oppenheimer increased their price target on shares of Mosaic from $33.00 to $40.00 and gave the company an "outperform" rating in a research note on Tuesday, May 13th. Six equities 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. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $35.08.

Mosaic Stock Performance

Mosaic stock traded down $0.25 during midday trading on Tuesday, hitting $35.80. 858,963 shares of the company's stock were exchanged, compared to its average volume of 5,626,343. 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 stock has a market cap of $11.36 billion, a price-to-earnings ratio of 30.86, a price-to-earnings-growth ratio of 2.12 and a beta of 1.12. The Mosaic Company has a 12-month low of $22.36 and a 12-month high of $38.23. The firm's 50 day simple moving average is $35.37 and its 200 day simple moving average is $29.57.

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 (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 quarter in the previous year, the firm posted $0.65 EPS. The firm's revenue for the quarter was down 2.2% on a year-over-year basis. Equities research analysts predict that The Mosaic Company will post 2.04 EPS for the current 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.