Louisiana State Employees Retirement System boosted its stake in shares of Mosaic Company (The) (NYSE:MOS) by 1.4% during the second quarter, Holdings Channel reports. The firm owned 21,800 shares of the basic materials company’s stock after buying an additional 300 shares during the period. Louisiana State Employees Retirement System’s holdings in Mosaic Company (The) were worth $498,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MOS. BlackRock Inc. raised its position in shares of Mosaic Company (The) by 2,930.1% in the first quarter. BlackRock Inc. now owns 24,977,023 shares of the basic materials company’s stock worth $728,828,000 after buying an additional 24,152,726 shares during the last quarter. FMR LLC raised its position in shares of Mosaic Company (The) by 171.9% in the first quarter. FMR LLC now owns 5,108,486 shares of the basic materials company’s stock worth $149,066,000 after buying an additional 3,229,860 shares during the last quarter. NN Investment Partners Holdings N.V. raised its position in shares of Mosaic Company (The) by 146.0% in the second quarter. NN Investment Partners Holdings N.V. now owns 2,547,323 shares of the basic materials company’s stock worth $58,156,000 after buying an additional 1,511,638 shares during the last quarter. MARSHALL WACE ASIA Ltd bought a new position in shares of Mosaic Company (The) during the first quarter worth $36,300,000. Finally, Vanguard Group Inc. raised its position in shares of Mosaic Company (The) by 3.6% in the first quarter. Vanguard Group Inc. now owns 35,460,881 shares of the basic materials company’s stock worth $1,034,747,000 after buying an additional 1,233,929 shares during the last quarter. 82.40% of the stock is owned by institutional investors.

Shares of Mosaic Company (NYSE MOS) traded down 1.31% during midday trading on Friday, reaching $20.34. 5,511,973 shares of the company’s stock traded hands. The stock has a 50 day moving average of $23.09 and a 200-day moving average of $26.43. The stock has a market cap of $7.14 billion, a P/E ratio of 48.43 and a beta of 1.24. Mosaic Company has a 12 month low of $20.06 and a 12 month high of $34.36.

Mosaic Company (The) (NYSE:MOS) last issued its quarterly earnings data 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 firm had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.75 billion. Mosaic Company (The) had a net margin of 2.07% and a return on equity of 3.31%. The business’s revenue was up 4.7% on a year-over-year basis. During the same period last year, the company earned $0.06 earnings per share. On average, equities research analysts forecast that Mosaic Company will post $1.07 EPS for the current fiscal year.

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A number of equities analysts recently weighed in on MOS shares. Credit Suisse Group set a $20.00 target price on shares of Mosaic Company (The) and gave the stock a “sell” rating in a research note on Saturday, April 15th. Royal Bank Of Canada reduced their target price on shares of Mosaic Company (The) from $31.00 to $29.00 and set a “sector perform” rating for the company in a research note on Tuesday, April 18th. Zacks Investment Research lowered shares of Mosaic Company (The) from a “buy” rating to a “hold” rating in a research note on Thursday, April 20th. BMO Capital Markets set a $26.00 target price on shares of Mosaic Company (The) and gave the stock a “hold” rating in a research note on Saturday, May 6th. Finally, Atlantic Securities raised shares of Mosaic Company (The) from an “underweight” rating to a “neutral” rating and set a $26.00 target price for the company in a research note on Tuesday, May 9th. Seven equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $25.36.

In other news, Director Nancy E. Cooper sold 1,100 shares of Mosaic Company (The) stock in a transaction dated Tuesday, May 16th. The shares were sold at an average price of $23.39, for a total transaction of $25,729.00. Following the completion of the transaction, the director now directly owns 8,260 shares in the company, valued at $193,201.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.38% of the stock is owned by company insiders.

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.

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Institutional Ownership by Quarter for Mosaic Company (The) (NYSE:MOS)

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