Monaco Asset Management SAM Makes New $2.12 Million Investment in The Mosaic Company $MOS

Key Points

• Monaco Asset Management SAM acquired 100,000 Mosaic shares worth approximately $2.12 million in the second quarter, making MOS its 21st-largest holding and representing 0.2% of its portfolio.
• Institutional ownership remains high at 77.54%, with several other investment firms increasing or initiating positions in Mosaic.
• Analyst sentiment is mixed: Mosaic has a consensus “Hold” rating and an average price target of $27.17, while the stock recently traded at $21.61. Its latest quarterly results narrowly exceeded EPS estimates but missed revenue expectations, with sales down 6% year over year.

Monaco Asset Management SAM acquired a new stake in shares of The Mosaic Company (NYSE:MOS - Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 100,000 shares of the basic materials company's stock, valued at approximately $2,119,000. Mosaic accounts for 0.2% of Monaco Asset Management SAM's portfolio, making the stock its 21st largest holding.

Several other large investors have also made changes to their positions in the business. Geneos Wealth Management Inc. raised its holdings in shares of Mosaic by 169.3% during the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company's stock worth $26,000 after purchasing an additional 601 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Mosaic during the 2nd quarter worth about $31,000. SJS Investment Consulting Inc. grew its position in Mosaic by 72.9% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,245 shares of the basic materials company's stock worth $32,000 after purchasing an additional 525 shares during the period. Gen Wealth Partners Inc acquired a new stake in Mosaic during the 4th quarter worth about $32,000. Finally, MUFG Securities EMEA plc purchased a new position in shares of Mosaic during the 2nd quarter valued at about $34,000. 77.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on MOS shares. Rothschild & Co Redburn assumed coverage on Mosaic in a research note on Friday, June 26th. They issued a "buy" rating and a $30.00 target price on the stock. Canadian Imperial Bank of Commerce set a $25.00 price target on Mosaic in a report on Tuesday, May 12th. Royal Bank Of Canada upgraded Mosaic from a "sector perform" rating to an "outperform" rating and lowered their price objective for the stock from $28.00 to $27.00 in a research report on Wednesday, May 13th. BMO Capital Markets dropped their price objective on shares of Mosaic from $31.00 to $30.00 and set an "outperform" rating on the stock in a research note on Tuesday, June 30th. Finally, JPMorgan Chase & Co. cut their target price on shares of Mosaic from $24.00 to $19.00 and set an "underweight" rating for the company in a report on Tuesday, May 12th. Seven investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $27.17.

Mosaic Price Performance

NYSE:MOS opened at $21.61 on Monday. The company has a quick ratio of 0.43, a current ratio of 1.34 and a debt-to-equity ratio of 0.41. The Mosaic Company has a 52 week low of $19.80 and a 52 week high of $36.99. The stock's 50-day moving average price is $22.09 and its 200-day moving average price is $24.43. The stock has a market capitalization of $6.87 billion, a PE ratio of -10.70, a price-to-earnings-growth ratio of 3.78 and a beta of 0.82.

Mosaic (NYSE:MOS - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.01. The company had revenue of $2.82 billion during the quarter, compared to analysts' expectations of $3.10 billion. Mosaic had a positive return on equity of 3.77% and a negative net margin of 5.21%.Mosaic's quarterly revenue was down 6.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.51 EPS. As a group, equities analysts expect that The Mosaic Company will post 0.56 EPS for the current fiscal year.

Mosaic Company 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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