Toronto Dominion Bank raised its stake in shares of Mosaic Co (NYSE:MOS) by 267.5% during the first quarter, HoldingsChannel.com reports. The firm owned 876,284 shares of the basic materials company’s stock after buying an additional 637,816 shares during the quarter. Toronto Dominion Bank’s holdings in Mosaic were worth $23,928,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of MOS. Norges Bank purchased a new position in Mosaic during the 4th quarter valued at $143,363,000. Boston Partners increased its position in Mosaic by 51.1% during the 4th quarter. Boston Partners now owns 14,243,641 shares of the basic materials company’s stock valued at $416,057,000 after purchasing an additional 4,814,199 shares during the period. Oregon Public Employees Retirement Fund increased its position in Mosaic by 3,480.9% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,688,263 shares of the basic materials company’s stock valued at $161,000 after purchasing an additional 4,557,338 shares during the period. FMR LLC increased its position in Mosaic by 23.0% during the 4th quarter. FMR LLC now owns 17,982,539 shares of the basic materials company’s stock valued at $525,270,000 after purchasing an additional 3,363,282 shares during the period. Finally, Millennium Management LLC increased its position in Mosaic by 439.3% during the 4th quarter. Millennium Management LLC now owns 3,744,249 shares of the basic materials company’s stock valued at $109,370,000 after purchasing an additional 3,049,952 shares during the period. 78.88% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts have issued reports on the stock. TheStreet downgraded shares of Mosaic from a “b-” rating to a “c+” rating in a research report on Thursday, May 9th. Zacks Investment Research downgraded shares of Mosaic from a “buy” rating to a “hold” rating in a research report on Tuesday, January 29th. Royal Bank of Canada reduced their target price on shares of Mosaic from $40.00 to $38.00 and set a “buy” rating on the stock in a research report on Wednesday, May 8th. ValuEngine downgraded shares of Mosaic from a “sell” rating to a “strong sell” rating in a research report on Wednesday, May 8th. Finally, BMO Capital Markets reduced their target price on shares of Mosaic from $34.00 to $32.00 and set a “market perform” rating on the stock in a research report on Friday, March 29th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. Mosaic currently has an average rating of “Hold” and an average target price of $33.13.

In other news, Director Emery N. Koenig purchased 2,089 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The shares were bought at an average price of $23.95 per share, for a total transaction of $50,031.55. Following the purchase, the director now directly owns 25,244 shares in the company, valued at approximately $604,593.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO James Calvin O’rourke purchased 10,000 shares of the company’s stock in a transaction that occurred 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 purchase, the chief executive officer now owns 168,345 shares in the company, valued at $4,045,330.35. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 17,339 shares of company stock worth $414,182. 0.51% of the stock is currently owned by company insiders.

NYSE:MOS opened at $22.81 on Wednesday. The stock has a market capitalization of $8.83 billion, a PE ratio of 10.76, a price-to-earnings-growth ratio of 2.01 and a beta of 1.42. The company has a current ratio of 1.73, a quick ratio of 0.66 and a debt-to-equity ratio of 0.42. Mosaic Co has a 1-year low of $22.66 and a 1-year high of $37.37.

Mosaic (NYSE:MOS) last released its earnings results on Monday, May 6th. The basic materials company reported $0.25 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.04. The firm had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.86 billion. Mosaic had a net margin of 5.85% and a return on equity of 7.88%. The company’s revenue was down 1.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.20 EPS. On average, analysts forecast that Mosaic Co will post 1.63 EPS for the current fiscal year.

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

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