The Mosaic Company $MOS Stock Position Boosted by Quantinno Capital Management LP

Quantinno Capital Management LP raised its stake in shares of The Mosaic Company (NYSE:MOS) by 145.5% during the 1st quarter, Holdings Channel reports. The institutional investor owned 353,786 shares of the basic materials company’s stock after buying an additional 209,672 shares during the period. Quantinno Capital Management LP’s holdings in Mosaic were worth $9,022,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. AQR Capital Management LLC lifted its stake in shares of Mosaic by 632.6% in the 3rd quarter. AQR Capital Management LLC now owns 8,447,324 shares of the basic materials company’s stock worth $291,348,000 after acquiring an additional 7,294,205 shares during the period. Norges Bank bought a new position in shares of Mosaic in the fourth quarter valued at approximately $103,129,000. Invesco Ltd. increased its stake in shares of Mosaic by 28.9% during the fourth quarter. Invesco Ltd. now owns 11,840,398 shares of the basic materials company’s stock valued at $285,235,000 after acquiring an additional 2,653,969 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of Mosaic by 252.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,240,652 shares of the basic materials company’s stock valued at $82,637,000 after acquiring an additional 2,320,605 shares during the period. Finally, Merewether Investment Management LP bought a new stake in Mosaic during the second quarter worth approximately $72,380,000. 77.54% of the stock is currently owned by institutional investors.

Mosaic Stock Performance

Shares of Mosaic stock opened at $22.74 on Wednesday. The stock has a market cap of $7.22 billion, a PE ratio of 174.94, a price-to-earnings-growth ratio of 2.94 and a beta of 0.82. The business has a fifty day simple moving average of $22.17 and a 200-day simple moving average of $24.70. The company has a quick ratio of 0.45, a current ratio of 1.25 and a debt-to-equity ratio of 0.36. The Mosaic Company has a 12 month low of $19.80 and a 12 month high of $36.99.

Mosaic (NYSE:MOS) last posted its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.01. Mosaic had a return on equity of 4.66% and a net margin of 0.36%.The firm had revenue of $2.82 billion for the quarter, compared to analyst estimates of $3.10 billion. During the same period in the previous year, the firm earned $0.51 earnings per share. Mosaic’s quarterly revenue was down 6.0% on a year-over-year basis. On average, sell-side analysts anticipate that The Mosaic Company will post 0.73 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on MOS shares. JPMorgan Chase & Co. decreased their price target on Mosaic from $24.00 to $19.00 and set an “underweight” rating for the company in a research note on Tuesday, May 12th. Canadian Imperial Bank of Commerce set a $25.00 price objective on Mosaic in a report on Tuesday, May 12th. Weiss Ratings cut Mosaic from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, May 12th. BMO Capital Markets lowered their target price on Mosaic from $31.00 to $30.00 and set an “outperform” rating on the stock in a report on Tuesday, June 30th. Finally, Wall Street Zen cut shares of Mosaic from a “sell” rating to a “strong sell” rating in a research report on Sunday, July 12th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Mosaic presently has a consensus rating of “Hold” and an average target price of $27.11.

About Mosaic

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.