CenterBook Partners LP Acquires 127,125 Shares of The Mosaic Company $MOS

CenterBook Partners LP raised its holdings in The Mosaic Company (NYSE:MOS) by 286.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 171,428 shares of the basic materials company’s stock after acquiring an additional 127,125 shares during the quarter. CenterBook Partners LP’s holdings in Mosaic were worth $4,130,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. grew its position in Mosaic by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 39,123,171 shares of the basic materials company’s stock valued at $942,477,000 after acquiring an additional 461,524 shares during the last quarter. State Street Corp grew its position in Mosaic by 2.0% in the 2nd quarter. State Street Corp now owns 13,056,284 shares of the basic materials company’s stock valued at $476,293,000 after acquiring an additional 251,496 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Mosaic by 11.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 12,576,151 shares of the basic materials company’s stock valued at $436,140,000 after acquiring an additional 1,285,883 shares during the last quarter. Invesco Ltd. grew its position in Mosaic by 3.7% in the 3rd quarter. Invesco Ltd. now owns 9,186,429 shares of the basic materials company’s stock valued at $318,585,000 after acquiring an additional 331,739 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in Mosaic by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 8,479,395 shares of the basic materials company’s stock valued at $203,916,000 after acquiring an additional 63,822 shares during the last quarter. Institutional investors own 77.54% of the company’s stock.

Mosaic Price Performance

Shares of MOS stock opened at $21.38 on Tuesday. The Mosaic Company has a 1-year low of $20.89 and a 1-year high of $38.23. The stock’s 50-day moving average is $23.70 and its 200 day moving average is $25.45. The company has a market cap of $6.79 billion, a P/E ratio of 164.50, a PEG ratio of 2.63 and a beta of 0.79. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 0.45.

Mosaic (NYSE:MOS) last issued its quarterly earnings data on Monday, May 11th. The basic materials company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.15). Mosaic had a net margin of 0.36% and a return on equity of 4.66%. The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.93 billion. During the same period in the previous year, the business earned $0.49 EPS. Mosaic’s revenue for the quarter was up 14.4% compared to the same quarter last year. Research analysts predict that The Mosaic Company will post 0.83 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Weiss Ratings downgraded Mosaic from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, May 12th. Wells Fargo & Company cut their price objective on Mosaic from $25.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 14th. Freedom Capital downgraded Mosaic from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 19th. JPMorgan Chase & Co. cut their price objective on Mosaic from $24.00 to $19.00 and set an “underweight” rating on the stock in a research report on Tuesday, May 12th. Finally, Royal Bank Of Canada raised Mosaic from a “sector perform” rating to an “outperform” rating and cut their price objective for the company from $28.00 to $27.00 in a research report on Wednesday, May 13th. Six equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $27.47.

Mosaic Company Profile

Mosaic Co is one of the world’s leading producers and marketers of concentrated phosphate and potash crop nutrients. The company’s primary business activities center on the extraction, processing and distribution of phosphate rock, phosphate-based fertilizers and potash products. These core nutrients are essential components in modern agriculture, supporting crop yields and soil health across a range of farming applications.

In its phosphate segment, Mosaic operates mining and production facilities that convert phosphate rock into concentrated phosphates, finished phosphate fertilizers and feed phosphates for animal nutrition.