KADENSA CAPITAL Ltd Makes New $7.03 Million Investment in The Mosaic Company $MOS

Key Points

• KADENSA CAPITAL Ltd has acquired 260,129 shares of The Mosaic Company (NYSE:MOS), valued at approximately $7,026,000, representing about 0.08% ownership in the company.
• Mosaic reported earnings of $0.51 per share for the last quarter, missing estimates, with revenues totaling $3.01 billion, compared to expected figures of $3.11 billion.
• The company recently announced a quarterly dividend of $0.22, which will be paid on September 18, resulting in an annual yield of 2.7%.

KADENSA CAPITAL Ltd bought a new position in shares of The Mosaic Company (NYSE:MOS - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 260,129 shares of the basic materials company's stock, valued at approximately $7,026,000. KADENSA CAPITAL Ltd owned about 0.08% of Mosaic at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Edmond DE Rothschild Holding S.A. raised its position in shares of Mosaic by 5.1% during the first quarter. Edmond DE Rothschild Holding S.A. now owns 920,000 shares of the basic materials company's stock valued at $24,849,000 after buying an additional 45,000 shares during the last quarter. Ancora Advisors LLC increased its stake in Mosaic by 0.9% in the first quarter. Ancora Advisors LLC now owns 40,256 shares of the basic materials company's stock valued at $1,087,000 after acquiring an additional 350 shares during the period. DRW Securities LLC bought a new stake in Mosaic in the first quarter valued at about $4,052,000. GMT Capital Corp bought a new stake in Mosaic in the first quarter valued at about $47,211,000. Finally, Driehaus Capital Management LLC bought a new stake in Mosaic in the first quarter valued at about $7,066,000. Institutional investors and hedge funds own 77.54% of the company's stock.

Analyst Ratings Changes

MOS has been the topic of a number of analyst reports. Scotiabank lowered their target price on shares of Mosaic from $42.00 to $39.00 and set a "sector outperform" rating on the stock in a research note on Monday, August 11th. JPMorgan Chase & Co. increased their price target on shares of Mosaic from $35.00 to $37.00 and gave the company an "overweight" rating in a research note on Monday, August 11th. Oppenheimer restated an "outperform" rating and issued a $43.00 price objective (up from $39.00) on shares of Mosaic in a report on Tuesday, July 15th. Zacks Research upgraded shares of Mosaic from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 14th. Finally, UBS Group increased their target price on shares of Mosaic from $45.00 to $46.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat.com, Mosaic has an average rating of "Moderate Buy" and a consensus price target of $36.42.

Mosaic Stock Performance

Shares of NYSE MOS traded up $0.60 during mid-day trading on Wednesday, reaching $32.76. 771,945 shares of the company were exchanged, compared to its average volume of 5,426,321. The Mosaic Company has a twelve month low of $22.36 and a twelve month high of $38.23. The company has a quick ratio of 0.44, a current ratio of 1.14 and a debt-to-equity ratio of 0.26. The company's 50-day simple moving average is $34.49 and its 200-day simple moving average is $31.71. The stock has a market capitalization of $10.40 billion, a P/E ratio of 11.09, a P/E/G ratio of 1.51 and a beta of 0.99.

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

Mosaic Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Monday, September 8th will be given a $0.22 dividend. The ex-dividend date is Monday, September 8th. This represents a $0.88 annualized dividend and a dividend yield of 2.7%. Mosaic's payout ratio is presently 29.83%.

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.