Delta Global Management LP Makes New $826,000 Investment in The Mosaic Company $MOS

Delta Global Management LP acquired a new position in shares of The Mosaic Company (NYSE:MOS) in the 4th quarter, Holdings Channel.com reports. The firm acquired 34,304 shares of the basic materials company’s stock, valued at approximately $826,000.

Several other hedge funds have also recently bought and sold shares of the stock. CYBER HORNET ETFs LLC bought a new position in shares of Mosaic during the second quarter worth approximately $31,000. MUFG Securities EMEA plc bought a new position in shares of Mosaic during the second quarter worth approximately $34,000. Geneos Wealth Management Inc. increased its holdings in shares of Mosaic by 169.3% during the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 601 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Mosaic by 57.6% during the third quarter. Smartleaf Asset Management LLC now owns 1,135 shares of the basic materials company’s stock worth $39,000 after purchasing an additional 415 shares during the period. Finally, Foster Dykema Cabot & Partners LLC increased its holdings in shares of Mosaic by 54.3% during the third quarter. Foster Dykema Cabot & Partners LLC now owns 1,157 shares of the basic materials company’s stock worth $40,000 after purchasing an additional 407 shares during the period. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Mosaic Stock Performance

Shares of NYSE:MOS opened at $21.65 on Wednesday. The company’s 50 day simple moving average is $23.20 and its 200 day simple moving average is $25.34. The stock has a market capitalization of $6.87 billion, a price-to-earnings ratio of 166.54, a price-to-earnings-growth ratio of 2.66 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. The Mosaic Company has a 1 year low of $19.80 and a 1 year high of $38.23.

Mosaic (NYSE:MOS) last announced its quarterly earnings data on Monday, May 11th. The basic materials company reported $0.05 earnings per share (EPS) 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 firm had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.93 billion. During the same period last year, the business earned $0.49 earnings per share. The business’s revenue was up 14.4% compared to the same quarter last year. As a group, research analysts predict that The Mosaic Company will post 0.83 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on MOS shares. BMO Capital Markets lowered their target price on shares of Mosaic from $35.00 to $31.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. Weiss Ratings cut shares of Mosaic from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, May 12th. Royal Bank Of Canada raised shares of Mosaic from a “sector perform” rating to an “outperform” rating and lowered their target price for the stock from $28.00 to $27.00 in a report on Wednesday, May 13th. Berenberg Bank lowered their target price on shares of Mosaic from $28.00 to $27.00 and set a “hold” rating on the stock in a report on Tuesday, May 19th. Finally, UBS Group lowered their target price on shares of Mosaic from $27.00 to $23.00 and set a “neutral” rating on the stock in a report on Tuesday, May 12th. Six research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $27.41.

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.