Jump Financial LLC Increases Holdings in The Mosaic Company $MOS

Key Points

• Jump Financial LLC increased its stake in The Mosaic Company by 59.6%, now owning 316,219 shares valued at approximately $8.5 million, according to a recent SEC filing.
• Several institutional investors, including Allworth Financial LP and NBC Securities Inc., made significant changes to their positions, with a notable 77.54% of the stock now owned by hedge funds and institutional investors.
• The Mosaic Company reported $0.51 EPS for the latest quarter, missing estimates and reflecting a 6.7% year-over-year revenue growth, with a market cap of $10.31 billion.

Jump Financial LLC boosted its holdings in The Mosaic Company (NYSE:MOS - Free Report) by 59.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 316,219 shares of the basic materials company's stock after acquiring an additional 118,082 shares during the quarter. Jump Financial LLC owned 0.10% of Mosaic worth $8,541,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MOS. Boston Partners lifted its position in Mosaic by 42.2% in the 1st quarter. Boston Partners now owns 7,979,380 shares of the basic materials company's stock valued at $215,540,000 after acquiring an additional 2,368,094 shares in the last quarter. Fuller & Thaler Asset Management Inc. bought a new position in Mosaic in the 1st quarter valued at approximately $54,953,000. Criteria Caixa S.A.U. bought a new position in shares of Mosaic during the 4th quarter valued at $36,231,000. Nuveen LLC purchased a new position in shares of Mosaic in the 1st quarter worth $33,897,000. Finally, Victory Capital Management Inc. boosted its stake in shares of Mosaic by 606.2% in the 1st quarter. Victory Capital Management Inc. now owns 1,389,335 shares of the basic materials company's stock worth $37,526,000 after buying an additional 1,192,602 shares during the last quarter. 77.54% of the stock is owned by institutional investors.

Mosaic Trading Up 1.4%

Shares of NYSE:MOS traded up $0.47 during trading hours on Thursday, hitting $33.96. 3,120,063 shares of the company's stock traded hands, compared to its average volume of 5,525,849. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.44. The firm has a market capitalization of $10.78 billion, a P/E ratio of 11.51, a price-to-earnings-growth ratio of 1.55 and a beta of 1.12. The business has a fifty day moving average price of $35.03 and a 200-day moving average price of $31.29. The Mosaic Company has a 1 year low of $22.36 and a 1 year high of $38.23.

Mosaic (NYSE:MOS - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.71 by ($0.20). The firm had revenue of $3.01 billion during the quarter, compared to analysts' expectations of $3.11 billion. Mosaic had a net margin of 8.35% and a return on equity of 4.74%. The firm's revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.54 EPS. 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. Wall Street Zen raised Mosaic from a "hold" rating to a "buy" rating in a report on Saturday, July 5th. Barclays raised their target price on Mosaic from $40.00 to $46.00 and gave the stock an "overweight" rating in a report on Monday, July 7th. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Mosaic in a report on Monday, July 14th. Zacks Research raised Mosaic from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 14th. Finally, Oppenheimer reaffirmed an "outperform" rating and issued a $43.00 price objective (up previously from $39.00) on shares of Mosaic in a research note on Tuesday, July 15th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat.com, Mosaic presently 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.