Mosaic (NYSE:MOS) Upgrade

Mosaic (NYSE:MOS) was increased by analysts at CIBC from “Sector Underperform” rating to “Neutral” rating in an analyst report issued on Monday morning.

According to data compiled by Thomson Reuters, Mosaic (NYSE:MOS)’s stock is covered by 22 equity analysts across the Street, with 0 analysts giving it a Sell rating, 0 a Buy rating, while 0 consider it a Hold. The 12-month consensus target price for the stock is $27.57, which reflects an upside potential of 15.89% over the current price.

Institutional Ownership

Oslo Asset Management Asa had the largest stake with ownership of 566,048 shares as of q2 2015 for 11.2% of the US long equity exposure. Stuyvesant Capital Management is another notably bullish active investment manager who is possessing 103,350 shares of Mosaic or 5.88% of their US long equity exposure. Also, Hutchinson Capital Management Ca have 4.78% of their US long equity exposure invested in the company for 626,902 shares. The New York-based fund Rr Partners Lp revealed it had bought so far a stake worth about 3.72% of the active investment manager’s stock portfolio in Mosaic. The Massachusetts-based fund S&Co Inc is also positive about the stock, possessing 3.14 million shares or 2.77% of their US long equity exposure.

Mosaic (NYSE:MOS) Profile

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients.

Mosaic (NYSE:MOS) traded up 0.76% on 12 February, hitting $23.79. A total of 1.12 million shares of the company’s stock traded hands. This is down from average of 4.40 million shares. Mosaic has a 52 week low of $19.23 and a 52 week high of $34.36. The company has a market cap of $8.35 billion and a P/E ratio of 24.95.

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