Quantbot Technologies LP Has $5.87 Million Position in The Mosaic Company $MOS

Key Points

• Quantbot Technologies LP increased its stake in The Mosaic Company by 173.0% in the first quarter, now owning around 0.07% of the company, valued at approximately $5.87 million.
• Several hedge funds have also increased their positions in Mosaic, with 77.54% of the stock held by institutional investors.
• UBS Group and Barclays both raised their price targets for Mosaic shares to $46.00, indicating a generally positive outlook from analysts, who have issued several buy ratings.

Quantbot Technologies LP increased its holdings in shares of The Mosaic Company (NYSE:MOS - Free Report) by 173.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 217,397 shares of the basic materials company's stock after buying an additional 137,773 shares during the period. Quantbot Technologies LP owned 0.07% of Mosaic worth $5,872,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of MOS. NBC Securities Inc. acquired a new stake in Mosaic during the 1st quarter worth $26,000. Compagnie Lombard Odier SCmA bought a new position in shares of Mosaic in the 1st quarter worth $27,000. Allworth Financial LP grew its stake in shares of Mosaic by 102.3% during the first quarter. Allworth Financial LP now owns 1,062 shares of the basic materials company's stock worth $31,000 after purchasing an additional 537 shares during the period. Heck Capital Advisors LLC acquired a new stake in shares of Mosaic during the fourth quarter worth $41,000. Finally, Summit Securities Group LLC bought a new stake in Mosaic in the first quarter valued at about $64,000. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, SVP Walter F. Precourt III sold 18,000 shares of the business's stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $35.73, for a total value of $643,140.00. Following the sale, the senior vice president owned 128,546 shares of the company's stock, valued at $4,592,948.58. The trade was a 12.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.50% of the stock is owned by company insiders.

Mosaic Stock Up 0.5%

NYSE MOS traded up $0.1550 on Thursday, reaching $32.6050. The company had a trading volume of 3,496,350 shares, compared to its average volume of 5,428,351. The company's fifty day moving average is $35.27 and its 200-day moving average is $31.13. The firm has a market capitalization of $10.35 billion, a price-to-earnings ratio of 11.05, a price-to-earnings-growth ratio of 1.51 and a beta of 1.12. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.44 and a current ratio of 1.14. 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 issued its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $0.51 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 the consensus estimate of $3.11 billion. Mosaic had a net margin of 8.35% and a return on equity of 4.74%. The business's revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.54 earnings per share. On average, research analysts forecast that The Mosaic Company will post 2.04 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Zacks Research upgraded Mosaic from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 14th. Wells Fargo & Company reduced their price objective on shares of Mosaic from $38.00 to $34.00 and set an "equal weight" rating on the stock in a research note on Thursday, August 7th. Scotiabank decreased their price objective on shares of Mosaic from $42.00 to $39.00 and set a "sector outperform" rating for the company in a report on Monday, August 11th. JPMorgan Chase & Co. lifted their price target on shares of Mosaic from $35.00 to $37.00 and gave the stock an "overweight" rating in a research report on Monday, August 11th. Finally, CIBC boosted their price target on shares of Mosaic from $32.00 to $33.00 and gave the company a "neutral" rating in a report on Friday, May 9th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Mosaic has an average rating of "Moderate Buy" and a consensus price target of $36.42.

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.