Torch Wealth Management LLC cut its position in Mosaic Company (The) (NYSE:MOS) by 1.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,975 shares of the basic materials company’s stock after selling 400 shares during the period. Torch Wealth Management LLC’s holdings in Mosaic Company (The) were worth $525,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Contravisory Investment Management Inc. acquired a new stake in Mosaic Company (The) during the first quarter valued at $240,000. Chevy Chase Trust Holdings Inc. raised its stake in Mosaic Company (The) by 5.5% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 461,949 shares of the basic materials company’s stock valued at $13,479,000 after buying an additional 23,892 shares during the last quarter. F&V Capital Management LLC raised its stake in Mosaic Company (The) by 3.7% in the first quarter. F&V Capital Management LLC now owns 141,115 shares of the basic materials company’s stock valued at $4,118,000 after buying an additional 5,025 shares during the last quarter. Kentucky Retirement Systems Insurance Trust Fund purchased a new position in Mosaic Company (The) during the fourth quarter valued at approximately $333,000. Finally, Kentucky Retirement Systems purchased a new position in Mosaic Company (The) during the fourth quarter valued at approximately $745,000. Hedge funds and other institutional investors own 81.91% of the company’s stock.

Mosaic Company (NYSE MOS) traded down 2.49% during trading on Wednesday, reaching $22.32. The company had a trading volume of 2,993,903 shares. The company has a market capitalization of $7.83 billion, a PE ratio of 194.09 and a beta of 1.24. The company has a 50 day moving average price of $23.32 and a 200 day moving average price of $26.87. Mosaic Company has a 52-week low of $21.78 and a 52-week high of $34.36. Mosaic Company (The) also was the target of unusually large options trading on Tuesday. Stock traders purchased 574 call options on the company. This is an increase of 160% compared to the typical volume of 221 call options.

Mosaic Company (The) (NYSE:MOS) last released its earnings results on Tuesday, August 1st. The basic materials company reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.04. Mosaic Company (The) had a return on equity of 2.48% and a net margin of 0.57%. The business had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.75 billion. During the same period last year, the business posted $0.06 earnings per share. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. On average, equities analysts forecast that Mosaic Company will post $1.07 EPS for the current fiscal year.

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Several equities analysts have recently commented on the stock. Royal Bank Of Canada lowered their price target on shares of Mosaic Company (The) from $25.00 to $23.00 and set a “sector perform” rating for the company in a research report on Wednesday. BidaskClub downgraded shares of Mosaic Company (The) from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $27.00 price objective on shares of Mosaic Company (The) in a report on Friday, July 14th. Citigroup Inc. reduced their price objective on shares of Mosaic Company (The) from $27.00 to $26.00 and set a “neutral” rating for the company in a report on Wednesday, July 12th. Finally, Zacks Investment Research raised shares of Mosaic Company (The) from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 12th. Six equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company. Mosaic Company (The) currently has a consensus rating of “Hold” and a consensus price target of $25.57.

In related news, CFO Richard L. Mack purchased 7,500 shares of Mosaic Company (The) stock in a transaction dated Thursday, May 4th. The stock was bought at an average cost of $23.35 per share, for a total transaction of $175,125.00. Following the completion of the transaction, the chief financial officer now owns 136,101 shares in the company, valued at $3,177,958.35. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 completion of the transaction, the director now owns 8,260 shares of the company’s stock, valued at $193,201.40. The disclosure for this sale can be found here. Company insiders own 0.38% 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.

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

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