Polianta Ltd Acquires 22,400 Shares of The Mosaic Company $MOS

Polianta Ltd grew its holdings in The Mosaic Company (NYSE:MOS) by 40.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 78,200 shares of the basic materials company’s stock after purchasing an additional 22,400 shares during the period. Polianta Ltd’s holdings in Mosaic were worth $1,657,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Czech National Bank boosted its holdings in Mosaic by 4.7% in the 2nd quarter. Czech National Bank now owns 90,471 shares of the basic materials company’s stock worth $1,917,000 after buying an additional 4,026 shares during the period. Assenagon Asset Management S.A. raised its holdings in Mosaic by 214.9% during the 2nd quarter. Assenagon Asset Management S.A. now owns 166,069 shares of the basic materials company’s stock valued at $3,519,000 after acquiring an additional 113,334 shares during the period. Byrne Asset Management LLC raised its holdings in Mosaic by 26.5% during the 2nd quarter. Byrne Asset Management LLC now owns 9,390 shares of the basic materials company’s stock valued at $199,000 after acquiring an additional 1,970 shares during the period. 180 Wealth Advisors LLC lifted its position in shares of Mosaic by 18.0% during the second quarter. 180 Wealth Advisors LLC now owns 12,089 shares of the basic materials company’s stock worth $256,000 after acquiring an additional 1,845 shares in the last quarter. Finally, Brandywine Financial Group purchased a new stake in shares of Mosaic during the first quarter worth $6,757,000. 77.54% of the stock is currently owned by hedge funds and other institutional investors.

Mosaic Stock Down 1.6%

Shares of NYSE:MOS opened at $23.08 on Friday. The firm has a fifty day moving average price of $22.14 and a two-hundred day moving average price of $24.63. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.34 and a quick ratio of 0.45. The Mosaic Company has a one year low of $19.80 and a one year high of $36.99. The company has a market cap of $7.33 billion, a price-to-earnings ratio of -11.42, a PEG ratio of 3.11 and a beta of 0.82.

Mosaic (NYSE:MOS) last released its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. The firm had revenue of $2.82 billion during the quarter, compared to analyst estimates of $3.10 billion. Mosaic had a negative net margin of 5.21% and a positive return on equity of 3.77%. The business’s revenue for the quarter was down 6.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.51 EPS. Analysts anticipate that The Mosaic Company will post 0.65 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on MOS shares. BNP Paribas Exane cut their price target on Mosaic from $29.00 to $27.00 and set an “outperform” rating for the company in a report on Wednesday, July 1st. Scotiabank reiterated an “outperform” rating and set a $30.00 price objective on shares of Mosaic in a research note on Tuesday, May 19th. JPMorgan Chase & Co. dropped their price objective on Mosaic from $24.00 to $19.00 and set an “underweight” rating on the stock in a report on Tuesday, May 12th. BMO Capital Markets cut their target price on Mosaic from $31.00 to $30.00 and set an “outperform” rating for the company in a research note on Tuesday, June 30th. Finally, Berenberg Bank reduced their target price on Mosaic from $28.00 to $27.00 and set a “hold” rating for the company in a report on Tuesday, May 19th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $27.17.

Mosaic 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.