Innealta Capital LLC Invests $247,000 in The Mosaic Company (NYSE:MOS)

Innealta Capital 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 firm purchased 9,157 shares of the basic materials company's stock, valued at approximately $247,000.

Several other institutional investors have also modified their holdings of the business. NBC Securities Inc. acquired a new stake in Mosaic in the first quarter valued at approximately $26,000. Compagnie Lombard Odier SCmA acquired a new position in Mosaic during the 1st quarter worth approximately $27,000. Heck Capital Advisors LLC purchased a new stake in shares of Mosaic in the 4th quarter valued at approximately $41,000. Ethos Financial Group LLC acquired a new stake in shares of Mosaic in the 4th quarter valued at $55,000. Finally, ANTIPODES PARTNERS Ltd raised its holdings in shares of Mosaic by 115.1% in the 4th quarter. ANTIPODES PARTNERS Ltd now owns 3,166 shares of the basic materials company's stock valued at $78,000 after purchasing an additional 1,694 shares in the last quarter. Institutional investors and hedge funds own 77.54% of the company's stock.

Insider Activity

In related news, SVP Walter F. Precourt III sold 18,000 shares of the firm's stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $35.73, for a total transaction of $643,140.00. Following the transaction, the senior vice president now owns 128,546 shares of the company's stock, valued at $4,592,948.58. This trade represents a 12.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.50% of the company's stock.

Mosaic Stock Performance

NYSE MOS traded down $0.07 on Wednesday, reaching $35.47. The stock had a trading volume of 3,972,705 shares, compared to its average volume of 4,810,697. The stock has a market cap of $11.25 billion, a P/E ratio of 30.58, a price-to-earnings-growth ratio of 2.07 and a beta of 1.14. The Mosaic Company has a 12-month low of $22.36 and a 12-month high of $37.69. The business's 50-day moving average price is $33.49 and its 200 day moving average price is $28.55. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.44 and a current ratio of 1.12.

Mosaic (NYSE:MOS - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The basic materials company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.45 by $0.04. Mosaic had a net margin of 3.32% and a return on equity of 4.91%. The firm had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter in the prior year, the firm earned $0.65 EPS. Mosaic's revenue for the quarter was down 2.2% on a year-over-year basis. As a group, equities analysts expect that The Mosaic Company will post 2.04 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on MOS. UBS Group boosted their target price on shares of Mosaic from $28.00 to $31.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 7th. BNP Paribas raised Mosaic to a "strong-buy" rating in a report on Wednesday, April 9th. The Goldman Sachs Group began coverage on Mosaic in a report on Thursday, March 13th. They issued a "buy" rating and a $31.00 price objective on the stock. CIBC raised 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. Finally, Wells Fargo & Company upped their price target on Mosaic from $28.00 to $35.00 and gave the company an "equal weight" rating in a report on Monday, May 12th. Seven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $34.58.

About Mosaic

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.