Fideuram Intesa Sanpaolo Private Banking S.P.A. Acquires 40,303 Shares of The Mosaic Company $MOS

Fideuram Intesa Sanpaolo Private Banking S.P.A. grew its holdings in shares of The Mosaic Company (NYSE:MOS) by 55.9% during the 1st quarter, Holdings Channel reports. The institutional investor owned 112,349 shares of the basic materials company’s stock after acquiring an additional 40,303 shares during the quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Mosaic were worth $2,865,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. lifted its stake in shares of Mosaic by 169.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 601 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new stake in Mosaic during the 2nd quarter valued at $31,000. SJS Investment Consulting Inc. lifted its position in Mosaic by 72.9% in the first quarter. SJS Investment Consulting Inc. now owns 1,245 shares of the basic materials company’s stock worth $32,000 after buying an additional 525 shares during the last quarter. Gen Wealth Partners Inc purchased a new position in Mosaic during the fourth quarter worth $32,000. Finally, MUFG Securities EMEA plc purchased a new position in Mosaic during the second quarter worth $34,000. 77.54% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. UBS Group reduced their target price on shares of Mosaic from $27.00 to $23.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 12th. Wall Street Zen upgraded shares of Mosaic from a “strong sell” rating to a “sell” rating in a report on Saturday. Mizuho reduced their price objective on shares of Mosaic from $27.00 to $24.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Weiss Ratings downgraded shares of Mosaic from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, May 12th. Finally, BNP Paribas Exane dropped their target price on Mosaic from $29.00 to $27.00 and set an “outperform” rating for the company in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $27.11.

Mosaic Price Performance

Shares of MOS stock opened at $21.09 on Friday. The company has a market capitalization of $6.70 billion, a P/E ratio of 162.28, a P/E/G ratio of 2.51 and a beta of 0.82. The company’s 50-day simple moving average is $22.40 and its two-hundred day simple moving average is $25.10. The Mosaic Company has a one year low of $19.80 and a one year high of $38.23. 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 released its quarterly earnings data on Monday, May 11th. The basic materials company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.15). The firm had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.93 billion. Mosaic had a return on equity of 4.66% and a net margin of 0.36%.The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.49 earnings per share. As a group, equities analysts anticipate that The Mosaic Company will post 0.83 EPS for the current year.

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.