What’s Propelling Mosaic Co to Increase So Much?

 What's Propelling Mosaic Co to Increase So Much?

In today’s session Mosaic Co (MOS) registered an unusually high (2,042) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious MOS increase. With 2,042 contracts traded and 10984 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: MOS161216C00027000 closed last at: $0.73 or 4.3% up. The stock decreased 1.00% or $0.25 during the last trading session, hitting $24.64. About 4.27M shares traded hands. Mosaic Co (NYSE:MOS) has declined 8.15% since March 1, 2016 and is downtrending. It has underperformed by 17.40% the S&P500.

Analysts await Mosaic Co (NYSE:MOS) to report earnings on November, 1. They expect $0.15 earnings per share, down 75.81% or $0.47 from last year’s $0.62 per share. MOS’s profit will be $53.45 million for 41.07 P/E if the $0.15 EPS becomes a reality. After $0.06 actual earnings per share reported by Mosaic Co for the previous quarter, Wall Street now forecasts 150.00% EPS growth.

Mosaic Co (NYSE:MOS) Ratings Coverage

Out of 18 analysts covering The Mosaic Company (NYSE:MOS), 2 rate it a “Buy”, 6 “Sell”, while 10 “Hold”. This means 11% are positive. $56 is the highest target while $22 is the lowest. The $33.53 average target is 36.08% above today’s ($24.64) stock price. The Mosaic Company has been the topic of 47 analyst reports since July 22, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained it with “Outperform” rating and $45 target price in Wednesday, October 21 report. On Monday, January 25 the stock rating was downgraded by JP Morgan to “Neutral”. The firm has “Underperform” rating by Cowen & Co given on Thursday, April 14. The firm has “Sector Perform” rating by Scotia Capital given on Thursday, April 14. The firm has “Underweight” rating by Barclays Capital given on Tuesday, April 19. The stock has “Market Perform” rating given by Cowen & Co on Monday, December 21. HSBC downgraded Mosaic Co (NYSE:MOS) rating on Monday, May 23. HSBC has “Reduce” rating and $22 price target. Atlantic Securities downgraded the shares of MOS in a report on Friday, March 11 to “Underweight” rating. The company was upgraded on Friday, January 15 by Goldman Sachs. The rating was downgraded by Stifel Nicolaus to “Hold” on Tuesday, May 31.

Insitutional Activity: The institutional sentiment increased to 1.49 in 2016 Q2. Its up 0.19, from 1.3 in 2016Q1. The ratio improved, as 50 funds sold all Mosaic Co shares owned while 131 reduced positions. 70 funds bought stakes while 200 increased positions. They now own 300.01 million shares or 0.68% more from 297.98 million shares in 2016Q1.
Advisory Svcs has 9,409 shares for 0.05% of their US portfolio. The Netherlands-based Delta Lloyd Nv has invested 0.02% in Mosaic Co (NYSE:MOS). The New York-based Brown Brothers Harriman & has invested 0% in Mosaic Co (NYSE:MOS). Public Sector Pension Investment Board holds 0.02% or 66,272 shares in its portfolio. Breton Hill Ltd accumulated 0.28% or 33,136 shares. Pitcairn Company accumulated 0.08% or 23,866 shares. Green Square Cap Llc holds 0.89% of its portfolio in Mosaic Co (NYSE:MOS) for 138,698 shares. One National Association holds 0.03% of its portfolio in Mosaic Co (NYSE:MOS) for 12,695 shares. Nationwide Fund owns 98,756 shares or 0.01% of their US portfolio. Parkside National Bank & Trust And Trust reported 187 shares or 0% of all its holdings. Nuveen Asset Mngmt Limited Liability, a Illinois-based fund reported 21,389 shares. Sii Inc Wi has 8,706 shares for 0.02% of their US portfolio. Proshare Advsr Limited Liability Corp last reported 0.03% of its portfolio in the stock. Sei Invests Com owns 27,316 shares or 0% of their US portfolio. Fukoku Mutual Life Company accumulated 0.01% or 1,500 shares.

Insider Transactions: Since June 2, 2016, the stock had 0 insider buys, and 1 insider sale for $507,080 net activity. On Thursday, June 2 the insider BRAUSEN ANTHONY T sold $507,080.

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The company has a market cap of $8.78 billion. The Company’s divisions include Phosphates, Potash and International Distribution. It has a 15.55 P/E ratio. The Company’s Phosphates Segment sells phosphate crop nutrients and animal feed ingredients throughout North America and internationally.

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