Mosaic Company (The) (NYSE:MOS)‘s stock had its “hold” rating reaffirmed by analysts at Stifel Nicolaus in a research report issued on Tuesday. They presently have a $24.00 target price on the basic materials company’s stock, down from their prior target price of $27.00. Stifel Nicolaus’ price objective would indicate a potential upside of 11.42% from the stock’s previous close.

A number of other equities research analysts have also issued reports on MOS. Citigroup Inc. decreased their target price on shares of Mosaic Company (The) from $34.00 to $31.00 and set a “neutral” rating for the company in a research note on Tuesday, April 11th. Credit Suisse Group set a $20.00 price target on shares of Mosaic Company (The) and gave the company a “sell” rating in a report on Saturday, April 15th. Royal Bank Of Canada cut their price target on shares of Mosaic Company (The) from $31.00 to $29.00 and set a “sector perform” rating on the stock in a report on Tuesday, April 18th. Zacks Investment Research downgraded shares of Mosaic Company (The) from a “buy” rating to a “hold” rating in a report on Thursday, April 20th. Finally, BMO Capital Markets set a $26.00 price target on shares of Mosaic Company (The) and gave the company a “hold” rating in a report on Saturday, May 6th. Seven investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $25.36.

Mosaic Company (MOS) traded down 1.96% during mid-day trading on Tuesday, hitting $21.54. The stock had a trading volume of 5,481,579 shares. The firm’s 50-day moving average is $23.27 and its 200 day moving average is $26.78. Mosaic Company has a one year low of $21.43 and a one year high of $34.36. The stock has a market cap of $7.56 billion, a PE ratio of 51.29 and a beta of 1.24.

Mosaic Company (The) (NYSE:MOS) last issued its earnings results on Tuesday, August 1st. The basic materials company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.04. The company had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.75 billion. Mosaic Company (The) had a net margin of 2.07% and a return on equity of 3.31%. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the business posted $0.06 EPS. Equities research analysts expect that Mosaic Company will post $1.07 EPS for the current year.

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In related news, Director Nancy E. Cooper sold 1,100 shares of Mosaic Company (The) stock in a transaction on Tuesday, May 16th. The shares were sold at an average price of $23.39, for a total value of $25,729.00. Following the transaction, the director now owns 8,260 shares in the company, valued at approximately $193,201.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.38% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. DnB Asset Management AS increased its position in Mosaic Company (The) by 46.1% in the first quarter. DnB Asset Management AS now owns 45,010 shares of the basic materials company’s stock valued at $1,313,000 after buying an additional 14,200 shares during the last quarter. Jolley Asset Management LLC increased its position in Mosaic Company (The) by 1.9% in the first quarter. Jolley Asset Management LLC now owns 152,072 shares of the basic materials company’s stock valued at $4,437,000 after buying an additional 2,904 shares during the last quarter. Torch Wealth Management LLC increased its position in Mosaic Company (The) by 27.9% in the first quarter. Torch Wealth Management LLC now owns 23,375 shares of the basic materials company’s stock valued at $682,000 after buying an additional 5,100 shares during the last quarter. Fox Run Management L.L.C. bought a new position in Mosaic Company (The) during the first quarter valued at about $406,000. Finally, Atria Investments LLC increased its position in Mosaic Company (The) by 58.2% in the first quarter. Atria Investments LLC now owns 100,044 shares of the basic materials company’s stock valued at $2,919,000 after buying an additional 36,818 shares during the last quarter. Institutional investors own 82.40% of the company’s stock.

Mosaic Company (The) Company Profile

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.

Analyst Recommendations for Mosaic Company (The) (NYSE:MOS)

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