James Calvin O’rourke Acquires 10,000 Shares of Mosaic Co (MOS) Stock

Mosaic Co (NYSE:MOS) CEO James Calvin O’rourke acquired 10,000 shares of the business’s stock in a transaction on Wednesday, May 8th. The stock was purchased at an average price of $24.03 per share, for a total transaction of $240,300.00. Following the acquisition, the chief executive officer now directly owns 168,345 shares in the company, valued at $4,045,330.35. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of MOS stock opened at $23.90 on Friday. The firm has a market capitalization of $9.12 billion, a price-to-earnings ratio of 11.27, a PEG ratio of 2.07 and a beta of 1.42. The company has a current ratio of 1.73, a quick ratio of 0.79 and a debt-to-equity ratio of 0.42. Mosaic Co has a 12 month low of $22.83 and a 12 month high of $37.37.

Mosaic (NYSE:MOS) last issued its earnings results on Monday, May 6th. The basic materials company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.04. The business had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.86 billion. Mosaic had a net margin of 5.85% and a return on equity of 7.88%. The company’s revenue for the quarter was down 1.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.20 EPS. Sell-side analysts forecast that Mosaic Co will post 1.63 EPS for the current fiscal year.

A number of equities analysts have commented on the stock. Cleveland Research lowered shares of Mosaic from a “buy” rating to a “neutral” rating in a report on Friday, February 22nd. Zacks Investment Research upgraded shares of Mosaic from a “hold” rating to a “buy” rating and set a $36.00 price objective on the stock in a report on Wednesday, February 6th. Credit Suisse Group reiterated a “hold” rating and issued a $30.00 price objective on shares of Mosaic in a report on Monday, February 4th. Barclays boosted their price objective on shares of Mosaic from $35.00 to $37.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 27th. Finally, Citigroup cut their price objective on shares of Mosaic from $40.00 to $38.00 and set a “buy” rating on the stock in a report on Wednesday, February 27th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $33.80.

Institutional investors have recently modified their holdings of the company. Meeder Asset Management Inc. raised its stake in shares of Mosaic by 15,370.1% in the 4th quarter. Meeder Asset Management Inc. now owns 43,935 shares of the basic materials company’s stock valued at $1,281,000 after purchasing an additional 43,651 shares in the last quarter. State of Alaska Department of Revenue raised its stake in shares of Mosaic by 7.1% in the 1st quarter. State of Alaska Department of Revenue now owns 103,498 shares of the basic materials company’s stock valued at $2,825,000 after purchasing an additional 6,859 shares in the last quarter. Sigma Planning Corp raised its stake in shares of Mosaic by 9.2% in the 4th quarter. Sigma Planning Corp now owns 8,642 shares of the basic materials company’s stock valued at $252,000 after purchasing an additional 725 shares in the last quarter. DNB Asset Management AS raised its stake in shares of Mosaic by 118.3% in the 4th quarter. DNB Asset Management AS now owns 101,318 shares of the basic materials company’s stock valued at $2,959,000 after purchasing an additional 54,908 shares in the last quarter. Finally, QUANTRES ASSET MANAGEMENT Ltd acquired a new stake in shares of Mosaic in the 4th quarter valued at about $622,000. Institutional investors and hedge funds own 78.13% of the company’s stock.

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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 International Distribution. 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.

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