The Mosaic Company (NYSE:MOS) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 6,660,000 shares, a growth of 31.4% from the March 31st total of 5,070,000 shares. Approximately 1.9% of the shares of the stock are sold short. Based on an average trading volume of 5,770,000 shares, the short-interest ratio is presently 1.2 days.

MOS stock traded down $1.08 during trading on Tuesday, reaching $33.95. 283,360 shares of the stock were exchanged, compared to its average volume of 5,820,028. The firm’s 50 day moving average is $32.70 and its 200 day moving average is $26.40. The Mosaic has a twelve month low of $9.57 and a twelve month high of $36.79. The company has a current ratio of 1.31, a quick ratio of 0.72 and a debt-to-equity ratio of 0.52. The firm has a market cap of $12.87 billion, a P/E ratio of -12.21, a price-to-earnings-growth ratio of 2.79 and a beta of 1.81.

The Mosaic (NYSE:MOS) last issued its quarterly earnings data on Sunday, May 2nd. The basic materials company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.50 by $0.07. The company had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.20 billion. The business’s revenue for the quarter was up 27.8% compared to the same quarter last year. During the same period last year, the company earned ($0.06) earnings per share. As a group, analysts predict that The Mosaic will post 0.47 earnings per share for the current fiscal year.

Several institutional investors have recently modified their holdings of MOS. Norges Bank purchased a new stake in shares of The Mosaic in the fourth quarter worth approximately $114,687,000. Renaissance Technologies LLC increased its position in shares of The Mosaic by 184.7% during the fourth quarter. Renaissance Technologies LLC now owns 2,373,400 shares of the basic materials company’s stock valued at $54,612,000 after acquiring an additional 1,539,700 shares during the last quarter. UBS Asset Management Americas Inc. increased its position in shares of The Mosaic by 82.6% during the fourth quarter. UBS Asset Management Americas Inc. now owns 2,911,423 shares of the basic materials company’s stock valued at $66,992,000 after acquiring an additional 1,316,679 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of The Mosaic by 164.1% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,714,873 shares of the basic materials company’s stock valued at $39,459,000 after acquiring an additional 1,065,629 shares during the last quarter. Finally, Morgan Stanley increased its position in shares of The Mosaic by 66.7% during the fourth quarter. Morgan Stanley now owns 2,507,720 shares of the basic materials company’s stock valued at $57,702,000 after acquiring an additional 1,003,221 shares during the last quarter. 69.82% of the stock is owned by hedge funds and other institutional investors.

MOS has been the topic of a number of research reports. Barclays boosted their price objective on The Mosaic from $19.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Monday, February 22nd. JPMorgan Chase & Co. boosted their price objective on The Mosaic from $34.00 to $40.00 in a research report on Friday, February 19th. BNP Paribas initiated coverage on The Mosaic in a research report on Tuesday, January 19th. They set an “outperform” rating and a $33.00 price objective on the stock. TheStreet upgraded The Mosaic from a “c” rating to a “b-” rating in a research report on Tuesday, March 2nd. Finally, Berenberg Bank upgraded The Mosaic from a “hold” rating to a “buy” rating and set a $40.00 price target on the stock in a research report on Monday, April 19th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and ten have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $28.92.

The 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.

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