Kelvin R. Westbrook Sells 12,666 Shares of The Mosaic Company (NYSE:MOS) Stock

The Mosaic Company (NYSE:MOS) Director Kelvin R. Westbrook sold 12,666 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $27.32, for a total transaction of $346,035.12. Following the completion of the transaction, the director now owns 34,359 shares of the company’s stock, valued at $938,687.88. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Mosaic Trading Up 0.2 %

Shares of Mosaic stock opened at $27.70 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.16 and a quick ratio of 0.51. The stock has a market capitalization of $8.91 billion, a PE ratio of 11.79, a P/E/G ratio of 1.59 and a beta of 1.41. The Mosaic Company has a 1-year low of $26.09 and a 1-year high of $40.67. The company’s fifty day simple moving average is $28.24 and its 200-day simple moving average is $30.01.

Mosaic (NYSE:MOS) last released its earnings results on Tuesday, August 6th. The basic materials company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.12). The company had revenue of $2.82 billion for the quarter, compared to analysts’ expectations of $2.90 billion. Mosaic had a net margin of 6.07% and a return on equity of 8.23%. Mosaic’s revenue for the quarter was down 17.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.04 earnings per share. As a group, equities analysts anticipate that The Mosaic Company will post 2.59 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Highlander Capital Management LLC boosted its position in shares of Mosaic by 515.4% in the first quarter. Highlander Capital Management LLC now owns 800 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 670 shares during the period. Blue Trust Inc. boosted its holdings in Mosaic by 40.0% in the 2nd quarter. Blue Trust Inc. now owns 1,229 shares of the basic materials company’s stock worth $36,000 after buying an additional 351 shares during the period. Mather Group LLC. purchased a new stake in Mosaic in the 1st quarter worth $40,000. ANTIPODES PARTNERS Ltd bought a new stake in Mosaic during the second quarter valued at about $46,000. Finally, Fidelis Capital Partners LLC purchased a new position in shares of Mosaic in the first quarter valued at about $50,000. 77.54% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on MOS shares. Mizuho decreased their price target on Mosaic from $34.00 to $33.00 and set a “neutral” rating for the company in a research note on Friday, May 3rd. Scotiabank decreased their target price on Mosaic from $40.00 to $38.00 and set a “sector outperform” rating for the company in a research report on Monday, May 6th. Barclays dropped their price target on shares of Mosaic from $42.00 to $39.00 and set an “overweight” rating on the stock in a report on Monday, May 13th. Piper Sandler decreased their price objective on shares of Mosaic from $29.00 to $28.00 and set an “underweight” rating for the company in a report on Tuesday, June 11th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $30.00 target price on shares of Mosaic in a report on Monday. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $35.92.

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.