Mosaic Company (The) (NYSE:MOS)‘s stock had its “hold” rating reaffirmed by research analysts at BMO Capital Markets in a note issued to investors on Friday. They presently have a $25.00 price target on the basic materials company’s stock. BMO Capital Markets’ price objective points to a potential upside of 28.93% from the company’s previous close.

Several other brokerages have also recently issued reports on MOS. Morgan Stanley lowered their target price on shares of Mosaic Company (The) from $27.00 to $25.00 and set an “equal weight” rating for the company in a report on Monday, August 7th. Royal Bank Of Canada lowered their target price on shares of Mosaic Company (The) from $26.00 to $25.00 and set a “sector perform” rating for the company in a report on Friday, July 14th. Zacks Investment Research upgraded shares of Mosaic Company (The) from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 12th. Stifel Nicolaus restated a “hold” rating and issued a $27.00 target price on shares of Mosaic Company (The) in a report on Friday, July 14th. Finally, BidaskClub cut shares of Mosaic Company (The) from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Six 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 $25.15.

Shares of Mosaic Company (NYSE:MOS) opened at 19.39 on Friday. The firm has a market capitalization of $6.81 billion, a P/E ratio of 46.17 and a beta of 1.27. Mosaic Company has a 1-year low of $19.23 and a 1-year high of $34.36. The stock’s 50 day moving average is $21.25 and its 200 day moving average is $24.73.

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 the consensus estimate of $0.25 by $0.04. Mosaic Company (The) had a net margin of 2.07% and a return on equity of 3.31%. The business had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.75 billion. During the same quarter in the prior year, the business posted $0.06 EPS. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. Equities analysts predict that Mosaic Company will post $1.07 earnings per share for the current year.

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In other news, Director Robert L. Lumpkins bought 7,000 shares of Mosaic Company (The) stock in a transaction dated Monday, August 21st. The stock was bought at an average price of $19.94 per share, for a total transaction of $139,580.00. Following the purchase, the director now owns 9,339 shares of the company’s stock, valued at $186,219.66. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.38% of the stock is currently owned by company insiders.

Several hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. increased its holdings in shares of Mosaic Company (The) by 2,930.1% in the 1st quarter. BlackRock Inc. now owns 24,977,023 shares of the basic materials company’s stock valued at $728,828,000 after purchasing an additional 24,152,726 shares in the last quarter. FMR LLC increased its holdings in shares of Mosaic Company (The) by 171.9% in the 1st quarter. FMR LLC now owns 5,108,486 shares of the basic materials company’s stock valued at $149,066,000 after purchasing an additional 3,229,860 shares in the last quarter. NN Investment Partners Holdings N.V. increased its holdings in shares of Mosaic Company (The) by 146.0% in the 2nd quarter. NN Investment Partners Holdings N.V. now owns 2,547,323 shares of the basic materials company’s stock valued at $58,156,000 after purchasing an additional 1,511,638 shares in the last quarter. BlueMountain Capital Management LLC increased its holdings in shares of Mosaic Company (The) by 105.6% in the 2nd quarter. BlueMountain Capital Management LLC now owns 66,928 shares of the basic materials company’s stock valued at $1,528,000 after purchasing an additional 1,265,856 shares in the last quarter. Finally, MARSHALL WACE ASIA Ltd purchased a new position in shares of Mosaic Company (The) in the 1st quarter valued at about $36,300,000. Institutional investors own 76.81% of the company’s stock.

About Mosaic Company (The)

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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