Bartlett & CO. Wealth Management LLC Sells 25,181 Shares of The Mosaic Company (NYSE:MOS)

Bartlett & CO. Wealth Management LLC reduced its stake in shares of The Mosaic Company (NYSE:MOS - Free Report) by 62.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,340 shares of the basic materials company's stock after selling 25,181 shares during the quarter. Bartlett & CO. Wealth Management LLC's holdings in Mosaic were worth $414,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Proficio Capital Partners LLC acquired a new position in Mosaic during the fourth quarter valued at approximately $1,054,000. Metis Global Partners LLC boosted its position in shares of Mosaic by 49.2% during the fourth quarter. Metis Global Partners LLC now owns 43,259 shares of the basic materials company's stock worth $1,063,000 after purchasing an additional 14,256 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in Mosaic by 59.5% during the fourth quarter. Jones Financial Companies Lllp now owns 7,682 shares of the basic materials company's stock worth $189,000 after acquiring an additional 2,867 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in Mosaic in the fourth quarter valued at about $238,000. Finally, State of Michigan Retirement System increased its holdings in shares of Mosaic by 2.5% in the fourth quarter. State of Michigan Retirement System now owns 103,876 shares of the basic materials company's stock worth $2,553,000 after acquiring an additional 2,500 shares in the last quarter. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Mosaic

In related 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 value 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. The trade was a 12.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.86% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. UBS Group lifted their price objective on Mosaic from $28.00 to $31.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. BNP Paribas raised shares of Mosaic to a "strong-buy" rating in a research note on Wednesday, April 9th. Scotiabank reiterated an "outperform" rating on shares of Mosaic in a report on Wednesday, May 14th. Royal Bank Of Canada raised shares of Mosaic from a "sector perform" rating to an "outperform" rating and increased their price objective for the stock from $30.00 to $40.00 in a research report on Thursday, May 8th. Finally, Wall Street Zen cut shares of Mosaic from a "buy" rating to a "hold" rating in a research report on Saturday, June 7th. Seven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Mosaic presently has a consensus rating of "Moderate Buy" and a consensus price target of $34.58.

Mosaic Stock Performance

NYSE:MOS traded up $0.48 during mid-day trading on Monday, hitting $35.80. The stock had a trading volume of 397,788 shares, compared to its average volume of 4,787,613. 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 30.88, a PEG ratio of 2.06 and a beta of 1.14. The Mosaic Company has a twelve month low of $22.36 and a twelve month high of $37.69. The company's 50 day simple moving average is $33.81 and its 200 day simple moving average is $28.71.

Mosaic (NYSE:MOS - Get Free Report) last released its quarterly earnings data 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. The firm had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.70 billion. Mosaic had a net margin of 3.32% and a return on equity of 4.91%. The company's quarterly revenue was down 2.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.65 earnings per share. On average, equities research analysts forecast that The Mosaic Company will post 2.04 earnings per share for the current year.

Mosaic 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.