Campbell & CO Investment Adviser LLC Acquires Shares of 64,056 The Mosaic Company $MOS

Key Points

• Campbell & CO Investment Adviser LLC has initiated a new investment in The Mosaic Company by acquiring 64,056 shares valued at approximately $1.73 million during the first quarter.
• The stock currently has a consensus rating of "Moderate Buy" with a target price of $36.42, following recent upgrades and revisions from multiple analysts.
• Mosaic's latest earnings report revealed that it missed EPS estimates at $0.51, compared to the forecast of $0.71, despite a year-over-year revenue increase of 6.7%.

Campbell & CO Investment Adviser LLC purchased a new stake in The Mosaic Company (NYSE:MOS - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 64,056 shares of the basic materials company's stock, valued at approximately $1,730,000.

Several other large investors have also made changes to their positions in the company. Twin Capital Management Inc. boosted its position in shares of Mosaic by 2.7% in the first quarter. Twin Capital Management Inc. now owns 14,590 shares of the basic materials company's stock valued at $394,000 after acquiring an additional 384 shares during the period. Strengthening Families & Communities LLC lifted its position in Mosaic by 12.0% in the first quarter. Strengthening Families & Communities LLC now owns 4,210 shares of the basic materials company's stock worth $116,000 after purchasing an additional 450 shares during the period. Probity Advisors Inc. lifted its position in Mosaic by 6.2% in the fourth quarter. Probity Advisors Inc. now owns 8,701 shares of the basic materials company's stock worth $214,000 after purchasing an additional 508 shares during the period. Allworth Financial LP lifted its position in Mosaic by 102.3% in the first quarter. Allworth Financial LP now owns 1,062 shares of the basic materials company's stock worth $31,000 after purchasing an additional 537 shares during the period. Finally, Sicart Associates LLC lifted its position in Mosaic by 0.6% in the first quarter. Sicart Associates LLC now owns 110,762 shares of the basic materials company's stock worth $2,992,000 after purchasing an additional 625 shares during the period. Institutional investors own 77.54% of the company's stock.

Mosaic Stock Performance

MOS traded up $0.47 during trading hours on Thursday, reaching $33.96. The company's stock had a trading volume of 3,124,675 shares, compared to its average volume of 5,482,682. The Mosaic Company has a 52 week low of $22.36 and a 52 week high of $38.23. The company's 50-day moving average is $34.99 and its 200-day moving average is $31.33. 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 firm has a market cap of $10.78 billion, a PE ratio of 11.51, a price-to-earnings-growth ratio of 1.56 and a beta of 1.12.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on MOS. Wells Fargo & Company lowered their price objective on Mosaic from $38.00 to $34.00 and set an "equal weight" rating for the company in a research report on Thursday, August 7th. Royal Bank Of Canada reiterated an "outperform" rating on shares of Mosaic in a research report on Monday, July 14th. CIBC boosted their target price on Mosaic from $32.00 to $33.00 and gave the stock a "neutral" rating in a research report on Friday, May 9th. JPMorgan Chase & Co. boosted their target price on Mosaic from $35.00 to $37.00 and gave the stock an "overweight" rating in a research report on Monday, August 11th. Finally, UBS Group boosted their target price on Mosaic from $45.00 to $46.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $36.42.

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.