Cetera Investment Advisers Purchases 3,511 Shares of The Mosaic Company (NYSE:MOS)

Cetera Investment Advisers boosted its position in shares of The Mosaic Company (NYSE:MOS) by 17.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,375 shares of the basic materials company’s stock after buying an additional 3,511 shares during the period. Cetera Investment Advisers’ holdings in Mosaic were worth $631,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Dimensional Fund Advisors LP raised its holdings in shares of Mosaic by 24.2% in 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. Northern Trust Corp raised its holdings in shares of Mosaic by 5.9% in 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. Two Sigma Advisers LP raised its holdings in shares of Mosaic by 21.7% in the fourth quarter. Two Sigma Advisers LP now owns 3,990,500 shares of the basic materials company’s stock worth $98,086,000 after buying an additional 711,300 shares during the period. Deutsche Bank AG raised its holdings in shares of Mosaic by 33.5% in the fourth quarter. Deutsche Bank AG now owns 3,672,283 shares of the basic materials company’s stock worth $90,265,000 after buying an additional 921,924 shares during the period. Finally, Voloridge Investment Management LLC raised its holdings in shares of Mosaic by 21.6% in the fourth quarter. Voloridge Investment Management LLC now owns 3,187,445 shares of the basic materials company’s stock worth $78,347,000 after buying an additional 565,632 shares during the period. 77.54% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on MOS shares. Barclays increased their price target on Mosaic from $40.00 to $46.00 and gave the stock an “overweight” rating in a report on Monday, July 7th. JPMorgan Chase & Co. increased their price target on Mosaic from $35.00 to $37.00 and gave the stock an “overweight” rating in a report on Monday, August 11th. Wells Fargo & Company decreased their target price on Mosaic from $38.00 to $34.00 and set an “equal weight” rating for the company in a research report on Thursday, August 7th. Wall Street Zen upgraded Mosaic from a “hold” rating to a “buy” rating in a report on Saturday, July 5th. Finally, Scotiabank lowered their target price on Mosaic from $42.00 to $39.00 and set a “sector outperform” rating for the company in a report on Monday, August 11th. Five research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $36.42.

Mosaic Trading Up 1.2%

Shares of NYSE:MOS opened at $32.47 on Friday. The Mosaic Company has a 12-month low of $22.36 and a 12-month high of $38.23. The business’s fifty day simple moving average is $35.43 and its 200-day simple moving average is $31.01. The company has a market capitalization of $10.30 billion, a PE ratio of 11.01, a P/E/G ratio of 1.49 and a beta of 1.12. The company has a current ratio of 1.14, a quick ratio of 0.44 and a debt-to-equity ratio of 0.26.

Mosaic (NYSE:MOS) last posted its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.20). Mosaic had a return on equity of 4.74% and a net margin of 8.35%. The business had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3.11 billion. During the same period in the previous year, the business earned $0.54 EPS. The firm’s revenue for the quarter was up 6.7% compared to the same quarter last year. As a group, equities research analysts predict that The Mosaic Company will post 2.04 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, SVP Walter F. Precourt III sold 18,000 shares of the business’s stock in a transaction dated 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 transaction, the senior vice president owned 128,546 shares of the company’s stock, valued at $4,592,948.58. The trade was a 12.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate 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.