Penn Davis Mcfarland Inc Lowers stake in Mosaic Co (MOS)

Mosaic Co (MOS) : Penn Davis Mcfarland Inc reduced its stake in Mosaic Co by 1.15% during the most recent quarter end. The investment management company now holds a total of 330,722 shares of Mosaic Co which is valued at $9,683,540 after selling 3,847 shares in Mosaic Co , the firm said in a disclosure report filed with the SEC on Jul 15, 2016.Mosaic Co makes up approximately 2.55% of Penn Davis Mcfarland Inc’s portfolio.

Other Hedge Funds, Including , Taube Hodson Stonex Partners Llp reduced its stake in MOS by selling 41,115 shares or 6.06% in the most recent quarter. The Hedge Fund company now holds 637,474 shares of MOS which is valued at $18,665,239. Mosaic Co makes up approx 3.66% of Taube Hodson Stonex Partners Llp’s portfolio.British Columbia Investment Management Corp reduced its stake in MOS by selling 9,728 shares or 6.88% in the most recent quarter. The Hedge Fund company now holds 131,566 shares of MOS which is valued at $3,352,302. Mosaic Co makes up approx 0.03% of British Columbia Investment Management Corp’s portfolio. F&v Capital Management added MOS to its portfolio by purchasing 129,635 company shares during the most recent quarter which is valued at $3,303,100. Mosaic Co makes up approx 2.41% of F&v Capital Management’s portfolio. Alpha Windward sold out all of its stake in MOS during the most recent quarter. The investment firm sold 260 shares of MOS which is valued $6,625.

Mosaic Co opened for trading at $28.62 and hit $29.37 on the upside on Monday, eventually ending the session at $29.28, with a gain of 2.06% or 0.59 points. The heightened volatility saw the trading volume jump to 55,20,960 shares. Company has a market cap of $10,243 M.

On the company’s financial health, Mosaic Co reported $0.14 EPS for the quarter, based on the information available during the earnings call on May 4, 2016. Analyst had a consensus estimate of $0.14. The company had revenue of $1674.00 million for the quarter, compared to analysts expectations of $1560.26 million. The company’s revenue was down -21.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.70 EPS.

Many Wall Street Analysts have commented on Mosaic Co. Shares were Downgraded by RBC Capital Mkts on Jul 13, 2016 to ” Sector Perform” and Lowered the Price Target to $ 27 from a previous price target of $28 .Mosaic Co was Downgraded by HSBC Securities to ” Reduce” on May 23, 2016. Shares were Reiterated by RBC Capital Mkts on Apr 26, 2016 to “Outperform” and Lowered the Price Target to $ 29 from a previous price target of $30 .

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company is a single source supplier of phosphate and potash-based crop nutrients and animal feed ingredients. It operates in two segments. 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. The Potash segment owns and operates potash mines and production facilities in Canada and the United States which produce potash-based crop nutrients animal feed ingredients and industrial products. It mines phosphate rock in Florida and process rock into finished phosphate products at facilities in Florida and Louisiana. It also mines potash in Saskatchewan and New Mexico. The Company has other production blending or distribution operations in Brazil China India and Paraguay.

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