Mizuho Securities USA LLC Has $687,000 Position in The Mosaic Company (NYSE:MOS)

Mizuho Securities USA LLC lowered its position in The Mosaic Company (NYSE:MOS) by 15.5% in the first quarter, HoldingsChannel.com reports. The fund owned 25,434 shares of the basic materials company’s stock after selling 4,672 shares during the quarter. Mizuho Securities USA LLC’s holdings in Mosaic were worth $687,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in MOS. NBC Securities Inc. acquired a new stake in Mosaic in the first quarter valued at $26,000. Compagnie Lombard Odier SCmA bought a new position in shares of Mosaic in the first quarter valued at about $27,000. Allworth Financial LP raised its position in shares of Mosaic by 102.3% in the first quarter. Allworth Financial LP now owns 1,062 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 537 shares during the period. Heck Capital Advisors LLC bought a new position in shares of Mosaic in the fourth quarter valued at about $41,000. Finally, Headlands Technologies LLC raised its position in shares of Mosaic by 132.7% in the first quarter. Headlands Technologies LLC now owns 2,634 shares of the basic materials company’s stock valued at $71,000 after purchasing an additional 1,502 shares during the period. Institutional investors and hedge funds own 77.54% of the company’s stock.

Mosaic Price Performance

MOS stock opened at $32.22 on Thursday. The company has a quick ratio of 0.44, a current ratio of 1.14 and a debt-to-equity ratio of 0.26. The Mosaic Company has a 12 month low of $22.36 and a 12 month high of $38.23. The firm has a market cap of $10.22 billion, a P/E ratio of 10.92, a P/E/G ratio of 1.51 and a beta of 1.12. The company’s 50-day moving average price is $35.57 and its two-hundred day moving average price is $30.95.

Mosaic (NYSE:MOS) last released its earnings results on Tuesday, August 5th. The basic materials company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.20). Mosaic had a net margin of 8.35% and a return on equity of 4.74%. The firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3.11 billion. During the same period in the prior year, the business earned $0.54 earnings per share. Mosaic’s quarterly revenue was up 6.7% compared to the same quarter last year. On average, analysts anticipate that The Mosaic Company will post 2.04 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Mosaic news, SVP Walter F. Precourt III sold 18,000 shares of the firm’s stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $35.73, for a total value of $643,140.00. Following the transaction, the senior vice president directly owned 128,546 shares of the company’s stock, valued at $4,592,948.58. This trade represents a 12.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.50% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Oppenheimer reissued an “outperform” rating and issued a $43.00 price objective (up from $39.00) on shares of Mosaic in a research report on Tuesday, July 15th. Barclays increased their price objective on shares of Mosaic from $40.00 to $46.00 and gave the company an “overweight” rating in a research report on Monday, July 7th. CIBC increased their price objective on shares of Mosaic from $32.00 to $33.00 and gave the company a “neutral” rating in a research report on Friday, May 9th. Royal Bank Of Canada reissued an “outperform” rating on shares of Mosaic in a research report on Monday, July 14th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Mosaic from $35.00 to $37.00 and gave the company an “overweight” rating in a research report on Monday. Five analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.42.

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 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.