The Mosaic Company (NYSE:MOS) Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lessened its holdings in The Mosaic Company (NYSE:MOS - Free Report) by 89.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 63,317 shares of the basic materials company's stock after selling 564,483 shares during the period. Sumitomo Mitsui Trust Group Inc.'s holdings in Mosaic were worth $1,710,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Invesco Ltd. boosted its stake in Mosaic by 29.3% during the fourth quarter. Invesco Ltd. now owns 13,507,131 shares of the basic materials company's stock worth $332,005,000 after buying an additional 3,058,243 shares during the period. Dimensional Fund Advisors LP boosted its stake in Mosaic by 24.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 11,041,218 shares of the basic materials company's stock worth $271,382,000 after buying an additional 2,151,426 shares during the period. Geode Capital Management LLC boosted its stake in Mosaic by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 8,621,001 shares of the basic materials company's stock worth $218,751,000 after buying an additional 269,650 shares during the period. Northern Trust Corp boosted its stake in Mosaic by 5.9% during the fourth quarter. Northern Trust Corp now owns 5,171,642 shares of the basic materials company's stock worth $127,119,000 after buying an additional 287,493 shares during the period. Finally, Two Sigma Advisers LP boosted its stake in shares of Mosaic by 21.7% during the fourth quarter. Two Sigma Advisers LP now owns 3,990,500 shares of the basic materials company's stock valued at $98,086,000 after purchasing an additional 711,300 shares during the period. Institutional investors own 77.54% of the company's stock.

Insider Activity at Mosaic

In other Mosaic news, SVP Walter F. Precourt III sold 18,000 shares of the 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 completion of the sale, the senior vice president directly owned 128,546 shares of the company's stock, valued at approximately $4,592,948.58. This represents a 12.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.86% of the company's stock.

Mosaic Stock Up 1.1%

Shares of MOS stock traded up $0.41 during mid-day trading on Monday, hitting $37.68. 4,873,531 shares of the stock traded hands, compared to its average volume of 4,829,169. The stock has a market cap of $11.95 billion, a P/E ratio of 32.48, a P/E/G ratio of 2.17 and a beta of 1.12. The stock's fifty day moving average is $34.86 and its two-hundred day moving average is $29.22. The Mosaic Company has a 52-week low of $22.36 and a 52-week high of $38.06. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.12 and a quick ratio of 0.44.

Mosaic (NYSE:MOS - Get Free Report) last released its quarterly 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. The business had revenue of $2.62 billion during the quarter, compared to analyst estimates 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 prior year, the firm posted $0.65 earnings per share. Equities analysts predict that The Mosaic Company will post 2.04 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on MOS shares. UBS Group boosted their target price on shares of Mosaic from $28.00 to $31.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Royal Bank Of Canada raised shares of Mosaic from a "sector perform" rating to an "outperform" rating and boosted their target price for the company from $30.00 to $40.00 in a research note on Thursday, May 8th. Scotiabank reissued an "outperform" rating on shares of Mosaic in a research note on Wednesday, May 14th. Barclays boosted their target price on shares of Mosaic from $40.00 to $46.00 and gave the company an "overweight" rating in a research note on Monday. Finally, BNP Paribas raised shares of Mosaic to a "strong-buy" rating in a research note on Wednesday, April 9th. Six investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Mosaic currently has a consensus rating of "Moderate Buy" and an average target price of $35.08.

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.