EFG International AG Takes Position in The Mosaic Company $MOS

Key Points

• EFG International initiated a position in The Mosaic Company during the second quarter, purchasing 96,390 shares valued at approximately $2.04 million. Institutional investors and hedge funds collectively own 77.54% of Mosaic’s stock.
• Mosaic reported quarterly EPS of $0.13, narrowly exceeding estimates, but revenue fell 6% year over year to $2.82 billion and missed consensus expectations. The company posted a negative net margin of 5.21%.
• Analysts maintain a consensus “Hold” rating, with an average price target of $27.17 versus the stock’s reported price of $24.21. Recent analyst actions included multiple price-target reductions, while a Mosaic senior vice president sold $508,760 worth of shares.

EFG International AG bought a new stake in The Mosaic Company (NYSE:MOS - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 96,390 shares of the basic materials company's stock, valued at approximately $2,043,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cary Street Partners Financial LLC raised its position in Mosaic by 2.0% in the 4th quarter. Cary Street Partners Financial LLC now owns 19,604 shares of the basic materials company's stock valued at $472,000 after purchasing an additional 380 shares in the last quarter. NewEdge Advisors LLC grew its position 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 worth $47,000 after buying an additional 380 shares in the last quarter. M&T Bank Corp grew its position in shares of Mosaic by 2.3% during the fourth quarter. M&T Bank Corp now owns 21,101 shares of the basic materials company's stock worth $508,000 after buying an additional 466 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in shares of Mosaic by 51.4% during the second quarter. Geneos Wealth Management Inc. now owns 1,447 shares of the basic materials company's stock worth $53,000 after buying an additional 491 shares during the period. Finally, Fulcrum Asset Management LLP raised its holdings in Mosaic by 17.2% in the fourth quarter. Fulcrum Asset Management LLP now owns 3,529 shares of the basic materials company's stock valued at $85,000 after acquiring an additional 518 shares in the last quarter. 77.54% of the stock is owned by institutional investors and hedge funds.

Mosaic Stock Down 0.2%

MOS stock opened at $24.21 on Thursday. The company has a current ratio of 1.34, a quick ratio of 0.43 and a debt-to-equity ratio of 0.41. The Mosaic Company has a twelve month low of $19.80 and a twelve month high of $36.99. The company's 50 day moving average is $22.33 and its two-hundred day moving average is $24.15. The stock has a market cap of $7.70 billion, a P/E ratio of -11.99, a PEG ratio of 4.39 and a beta of 0.82.

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

Insiders Place Their Bets

In related news, SVP Walter F. Precourt III sold 23,000 shares of the business's stock in a transaction on 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 directly owned 116,198 shares of the company's stock, valued at $2,570,299.76. The trade was a 16.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.31% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Barclays lowered their price target on shares of Mosaic from $31.00 to $26.00 and set an "equal weight" rating for the company in a report on Monday, May 18th. Freedom Capital downgraded shares of Mosaic from a "strong-buy" rating to a "strong sell" rating in a research note on Thursday, August 13th. Berenberg Bank dropped their target price on Mosaic from $28.00 to $27.00 and set a "hold" rating on the stock in a report on Tuesday, May 19th. Mizuho set a $25.00 price target on Mosaic in a research note on Wednesday, August 5th. Finally, Morgan Stanley cut their price target on Mosaic from $28.00 to $26.00 and set an "equal weight" rating on the stock in a research note on Tuesday, June 30th. Seven equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Mosaic currently has a consensus rating of "Hold" and an average price target of $27.17.

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.

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