Edmond DE Rothschild Holding S.A. Purchases Shares of 700,000 The Mosaic Company $MOS

Key Points

• Edmond DE Rothschild Holding S.A. bought 700,000 Mosaic shares worth approximately $14.8 million, giving it a 0.22% stake. Institutional investors and hedge funds collectively own 77.54% of the company.
• Mosaic’s latest quarterly earnings slightly exceeded expectations at $0.13 per share, but revenue fell 6% year over year to $2.82 billion, below the $3.10 billion consensus estimate.
• Analyst sentiment remains mixed, with the stock holding an overall “Hold” rating and an average price target of $27.17 versus its reported market price of $22.23.

Edmond DE Rothschild Holding S.A. purchased a new position in The Mosaic Company (NYSE:MOS - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 700,000 shares of the basic materials company's stock, valued at approximately $14,833,000. Edmond DE Rothschild Holding S.A. owned about 0.22% of Mosaic at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. NewEdge Advisors LLC grew its holdings in shares of Mosaic by 27.8% during the first quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company's stock valued at $47,000 after buying an additional 380 shares during the last quarter. United Services Automobile Association purchased a new position in Mosaic in the 1st quarter worth $201,000. Empowered Funds LLC lifted its position in Mosaic by 170.5% during the 1st quarter. Empowered Funds LLC now owns 54,176 shares of the basic materials company's stock worth $1,463,000 after acquiring an additional 34,151 shares during the period. Woodline Partners LP lifted its position in Mosaic by 40.7% during the 1st quarter. Woodline Partners LP now owns 26,836 shares of the basic materials company's stock worth $725,000 after acquiring an additional 7,760 shares during the period. Finally, Geneos Wealth Management Inc. grew its stake in Mosaic by 169.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company's stock valued at $26,000 after purchasing an additional 601 shares during the last quarter. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Mosaic Stock Performance

NYSE MOS opened at $22.23 on Thursday. The firm has a market capitalization of $7.07 billion, a P/E ratio of -11.00, a PEG ratio of 3.82 and a beta of 0.82. The stock has a 50-day simple moving average of $22.13 and a two-hundred day simple moving average of $24.29. 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 Mosaic Company has a fifty-two week low of $19.80 and a fifty-two week high of $36.99.

Mosaic (NYSE:MOS - Get Free Report) last issued its earnings results on Tuesday, August 4th. The basic materials company reported $0.13 EPS for the quarter, topping analysts' consensus estimates of $0.12 by $0.01. The firm had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $3.10 billion. Mosaic had a positive return on equity of 3.77% and a negative net margin of 5.21%.The company's revenue was down 6.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.51 earnings per share. On average, equities analysts forecast that The Mosaic Company will post 0.54 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. JPMorgan Chase & Co. cut their price objective on Mosaic from $24.00 to $19.00 and set an "underweight" rating on the stock in a report on Tuesday, May 12th. Royal Bank Of Canada raised Mosaic from a "sector perform" rating to an "outperform" rating and decreased their target price for the stock from $28.00 to $27.00 in a report on Wednesday, May 13th. HSBC dropped their target price on Mosaic from $26.00 to $23.00 and set a "hold" rating on the stock in a research report on Thursday, June 18th. Barclays reduced their price target on shares of Mosaic from $31.00 to $26.00 and set an "equal weight" rating for the company in a research report on Monday, May 18th. Finally, The Goldman Sachs Group decreased their price objective on shares of Mosaic from $31.00 to $28.00 and set a "buy" rating for the company in a research note on Tuesday, May 12th. Seven investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $27.17.

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.

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