MYDA Advisors LLC Invests $540,000 in The Mosaic Company $MOS

MYDA Advisors LLC bought a new stake in shares of The Mosaic Company (NYSE:MOS) during the first quarter, HoldingsChannel.com reports. The institutional investor bought 20,000 shares of the basic materials company’s stock, valued at approximately $540,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Boston Partners boosted its stake in Mosaic by 42.2% in the 1st quarter. Boston Partners now owns 7,979,380 shares of the basic materials company’s stock worth $215,540,000 after purchasing an additional 2,368,094 shares during the period. Fuller & Thaler Asset Management Inc. purchased a new position in shares of Mosaic in the first quarter worth $54,953,000. Nuveen LLC bought a new position in shares of Mosaic during the first quarter worth $33,897,000. Victory Capital Management Inc. grew its stake in Mosaic by 606.2% during the first quarter. Victory Capital Management Inc. now owns 1,389,335 shares of the basic materials company’s stock valued at $37,526,000 after acquiring an additional 1,192,602 shares in the last quarter. Finally, Deutsche Bank AG increased its holdings in Mosaic by 33.5% in the 4th quarter. Deutsche Bank AG now owns 3,672,283 shares of the basic materials company’s stock valued at $90,265,000 after acquiring an additional 921,924 shares during the last quarter. Institutional investors own 77.54% of the company’s stock.

Analyst Upgrades and Downgrades

MOS has been the subject of several research reports. Royal Bank Of Canada reissued an “outperform” rating on shares of Mosaic in a report on Monday, July 14th. UBS Group boosted their target price on Mosaic from $45.00 to $46.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. CIBC raised their price target on Mosaic from $32.00 to $33.00 and gave the company a “neutral” rating in a report on Friday, May 9th. Wells Fargo & Company decreased their price objective on Mosaic from $38.00 to $34.00 and set an “equal weight” rating on the stock in a report on Thursday, August 7th. Finally, Barclays increased their target price on Mosaic from $40.00 to $46.00 and gave the company an “overweight” rating in a research report on Monday, July 7th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Mosaic presently has a consensus rating of “Moderate Buy” and an average price target of $36.42.

Mosaic Price Performance

Shares of Mosaic stock opened at $33.50 on Thursday. The stock has a market cap of $10.63 billion, a price-to-earnings ratio of 11.35, a price-to-earnings-growth ratio of 1.55 and a beta of 1.12. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.44 and a current ratio of 1.14. The stock has a 50 day moving average price of $35.03 and a 200-day moving average price of $31.29. The Mosaic Company has a one year low of $22.36 and a one year high of $38.23.

Mosaic (NYSE:MOS) last issued its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.20). Mosaic had a return on equity of 4.74% and a net margin of 8.35%.The company had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3.11 billion. During the same quarter in the prior year, the business earned $0.54 earnings per share. The firm’s quarterly revenue was up 6.7% compared to the same quarter last year. Equities analysts expect that The Mosaic Company will post 2.04 EPS for the current year.

Mosaic Profile

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and Mosaic Fertilizantes. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names, as well as produces a double sulfate of potash magnesia product under K-Mag brand name.