EFG International AG Acquires Shares of 96,390 The Mosaic Company $MOS

EFG International AG acquired a new stake in The Mosaic Company (NYSE:MOS) in the second quarter, HoldingsChannel.com reports. The firm acquired 96,390 shares of the basic materials company’s stock, valued at approximately $2,043,000.

Other large investors have also modified their holdings of the company. BlackRock Inc. acquired a new position in shares of Mosaic in the 2nd quarter valued at $524,484,000. Donald Smith & CO. Inc. purchased a new stake in Mosaic in the 2nd quarter valued at $163,662,000. AQR Capital Management LLC boosted its stake in Mosaic by 632.6% during 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 purchasing an additional 7,294,205 shares during the period. Norges Bank acquired a new stake in Mosaic during the 4th quarter worth $103,129,000. Finally, Deutsche Bank AG purchased a new position in Mosaic during the 2nd quarter worth $73,112,000. 77.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MOS has been the topic of a number of recent research reports. Royal Bank Of Canada upgraded shares of Mosaic from a “sector perform” rating to an “outperform” rating and dropped their price objective for the company from $28.00 to $27.00 in a research note on Wednesday, May 13th. HSBC decreased their target price on shares of Mosaic from $26.00 to $23.00 and set a “hold” rating for the company in a research note on Thursday, June 18th. Morgan Stanley dropped their price target on Mosaic from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Tuesday, June 30th. UBS Group reduced their price objective on Mosaic from $27.00 to $23.00 and set a “neutral” rating for the company in a research note on Tuesday, May 12th. Finally, Wall Street Zen cut Mosaic from a “sell” rating to a “strong sell” rating in a research report on Sunday, July 12th. Seven investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, Mosaic has an average rating of “Hold” and an average target price of $27.17.

Insider Transactions at Mosaic

In related news, SVP Walter F. Precourt III sold 23,000 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $22.12, for a total value of $508,760.00. Following the completion of the sale, the senior vice president owned 116,198 shares in the company, valued at $2,570,299.76. This trade represents a 16.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.31% of the stock is owned by corporate insiders.

Mosaic Stock Performance

Shares of MOS opened at $24.21 on Thursday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.43 and a current ratio of 1.34. The stock has a market capitalization of $7.70 billion, a P/E ratio of -11.99, a P/E/G ratio of 4.39 and a beta of 0.82. The company’s fifty day moving average is $22.33 and its two-hundred day moving average is $24.15. The Mosaic Company has a 1 year low of $19.80 and a 1 year high of $36.99.

Mosaic (NYSE:MOS) last released its earnings results on Tuesday, August 4th. The basic materials company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.12 by $0.01. The company had revenue of $2.82 billion during the quarter, compared to analysts’ expectations 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 was down 6.0% on a year-over-year basis. During the same quarter last year, the business earned $0.51 EPS. On average, sell-side analysts predict that The Mosaic Company will post 0.54 earnings per share for the current year.

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.