Teachers Retirement System of The State of Kentucky Sells 1,899 Shares of The Mosaic Company (NYSE:MOS)

Teachers Retirement System of The State of Kentucky lessened its holdings in The Mosaic Company (NYSE:MOS) by 6.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 29,173 shares of the basic materials company’s stock after selling 1,899 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Mosaic were worth $1,043,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Denali Advisors LLC lifted its holdings in Mosaic by 100.5% in the fourth quarter. Denali Advisors LLC now owns 826 shares of the basic materials company’s stock valued at $30,000 after buying an additional 414 shares during the period. Janiczek Wealth Management LLC lifted its stake in shares of Mosaic by 28.0% in the 4th quarter. Janiczek Wealth Management LLC now owns 1,455 shares of the basic materials company’s stock valued at $52,000 after purchasing an additional 318 shares during the period. Quarry LP boosted its position in shares of Mosaic by 342.8% in the 4th quarter. Quarry LP now owns 1,625 shares of the basic materials company’s stock worth $58,000 after purchasing an additional 1,258 shares during the last quarter. Planned Solutions Inc. acquired a new stake in shares of Mosaic during the fourth quarter worth $65,000. Finally, CVA Family Office LLC acquired a new stake in shares of Mosaic during the fourth quarter worth $79,000. Institutional investors and hedge funds own 77.54% of the company’s stock.

Wall Street Analysts Forecast Growth

MOS has been the topic of a number of recent analyst reports. Scotiabank reduced their target price on Mosaic from $40.00 to $38.00 and set a “sector outperform” rating on the stock in a report on Monday, May 6th. Wolfe Research started coverage on shares of Mosaic in a research note on Friday, March 1st. They set an “outperform” rating and a $39.00 price objective on the stock. Royal Bank of Canada lowered their target price on shares of Mosaic from $35.00 to $32.00 and set a “sector perform” rating for the company in a research note on Monday, May 6th. Barclays reduced their price target on shares of Mosaic from $42.00 to $39.00 and set an “overweight” rating on the stock in a research report on Monday, May 13th. Finally, Mizuho lowered their price objective on shares of Mosaic from $34.00 to $33.00 and set a “neutral” rating for the company in a research report on Friday, May 3rd. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat, Mosaic presently has an average rating of “Hold” and an average price target of $38.29.

Mosaic Stock Up 0.3 %

Shares of Mosaic stock opened at $27.80 on Monday. The Mosaic Company has a 52-week low of $26.67 and a 52-week high of $42.81. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.51 and a current ratio of 1.16. The business’s 50 day simple moving average is $29.70 and its 200 day simple moving average is $31.70. The firm has a market cap of $8.94 billion, a PE ratio of 11.83, a P/E/G ratio of 1.50 and a beta of 1.45.

Mosaic (NYSE:MOS) last announced its quarterly earnings data on Wednesday, May 1st. The basic materials company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.01). Mosaic had a return on equity of 8.23% and a net margin of 6.07%. The business had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.88 billion. During the same period in the prior year, the firm earned $1.14 EPS. The business’s revenue for the quarter was down 25.7% compared to the same quarter last year. On average, analysts predict that The Mosaic Company will post 2.64 earnings per share for the current fiscal year.

About Mosaic

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.