Johnson Financial Group Trimmed Its The Mosaic Company (MOS) Position; Nuveen Credit Strategies Income Fund (JQC) Sentiment Is 0.9

November 14, 2017 - By Richard Conner

Nuveen Credit Strategies Income Fund is a diversified closed-end management investment company. The company has market cap of $1.10 billion. The Fund’s investment objectives are high current income and total return. It currently has negative earnings. The Fund meets its investment objectives by investing approximately 70% of its managed assets in senior secured and second lien loans, and up to 30% of its managed assets across the capital structure of companies with a primary focus on high yield bonds, convertible securities and other forms of income-producing securities.

Johnson Financial Group Inc decreased The Mosaic Company (MOS) stake by 51.67% reported in 2017Q2 SEC filing. Johnson Financial Group Inc sold 30,628 shares as The Mosaic Company (MOS)’s stock declined 29.59%. The Johnson Financial Group Inc holds 28,643 shares with $654,000 value, down from 59,271 last quarter. The Mosaic Company now has $8.07B valuation. The stock declined 1.27% or $0.3 reaching $22.99 per share. About 2.29M shares traded. Mosaic Co (NYSE:MOS) has declined 7.87% since November 14, 2016 and is downtrending. It has underperformed by 24.57% the S&P500.

Restructuring Capital Associates Lp holds 15.16% of its portfolio in Nuveen Credit Strategies Income Fund for 2.05 million shares. Rivernorth Capital Management Llc owns 3.82 million shares or 2.52% of their US portfolio. Moreover, Private Management Group Inc has 1.01% invested in the company for 2.13 million shares. The Virginia-based Shaker Financial Services Llc has invested 0.82% in the stock. Thomas J. Herzfeld Advisors Inc., a Florida-based fund reported 186,672 shares.

About 322,417 shares traded or 2.82% up from the average. Nuveen Credit Strategies Income Fund (JQC) has risen 8.82% since November 14, 2016 and is uptrending. It has underperformed by 7.88% the S&P500.

Johnson Financial Group Inc increased Amazon.Com Inc (NASDAQ:AMZN) stake by 4,254 shares to 6,983 valued at $6.76M in 2017Q2. It also upped Procter & Gamble Co (NYSE:PG) stake by 13,382 shares and now owns 52,028 shares. Ishares Tr (IWB) was raised too.

Investors sentiment decreased to 0.9 in Q2 2017. Its down 0.21, from 1.11 in 2017Q1. It worsened, as 77 investors sold MOS shares while 150 reduced holdings. 48 funds opened positions while 156 raised stakes. 259.77 million shares or 6.98% less from 279.25 million shares in 2017Q1 were reported. Ameriprise Fincl Inc invested in 0% or 307,896 shares. Jpmorgan Chase Com has invested 0.04% in Mosaic Co (NYSE:MOS). 39,477 are held by Amalgamated Bank & Trust. Rodgers Brothers reported 0.1% in Mosaic Co (NYSE:MOS). Victory Cap Mgmt Inc holds 6,049 shares. Northwestern Mutual Wealth Mgmt reported 23,207 shares or 0% of all its holdings. Deprince Race And Zollo reported 0.36% of its portfolio in Mosaic Co (NYSE:MOS). Cornerstone Advisors Inc reported 0.02% stake. The California-based Tarbox Family Office Incorporated has invested 0% in Mosaic Co (NYSE:MOS). State Of Tennessee Treasury Department stated it has 0.01% in Mosaic Co (NYSE:MOS). Crestpoint Mgmt Limited Liability holds 0.1% or 9,100 shares. Rhumbline Advisers has invested 0.03% in Mosaic Co (NYSE:MOS). Oakworth Cap owns 79 shares. Dupont Capital Mngmt Corporation holds 0% in Mosaic Co (NYSE:MOS) or 3,273 shares. Advantus Cap Mgmt reported 35,227 shares stake.

Analysts await Mosaic Co (NYSE:MOS) to report earnings on February, 6. They expect $0.27 earnings per share, up 3.85% or $0.01 from last year’s $0.26 per share. MOS’s profit will be $94.78M for 21.29 P/E if the $0.27 EPS becomes a reality. After $0.43 actual earnings per share reported by Mosaic Co for the previous quarter, Wall Street now forecasts -37.21% negative EPS growth.

Among 21 analysts covering The Mosaic Company (NYSE:MOS), 5 have Buy rating, 2 Sell and 14 Hold. Therefore 24% are positive. The Mosaic Company had 79 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Mosaic Co (NYSE:MOS) earned “Outperform” rating by CLSA on Wednesday, February 8. On Tuesday, May 9 the stock rating was upgraded by Atlantic Securities to “Neutral”. The firm has “Hold” rating given on Thursday, September 7 by Stifel Nicolaus. The firm earned “Neutral” rating on Thursday, August 4 by Citigroup. The firm has “Hold” rating by Stifel Nicolaus given on Tuesday, October 10. The firm has “Hold” rating by RBC Capital Markets given on Friday, June 9. The rating was downgraded by Barclays Capital on Tuesday, April 19 to “Underweight”. On Thursday, November 5 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm has “Hold” rating given on Monday, September 4 by Piper Jaffray. BMO Capital Markets maintained Mosaic Co (NYSE:MOS) rating on Thursday, October 5. BMO Capital Markets has “Hold” rating and $23.0 target.

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