SVB Wealth LLC Takes Position in The Mosaic Company $MOS

Key Points

• SVB Wealth LLC has made a new investment of approximately $258,000 in The Mosaic Company (NYSE:MOS), acquiring 9,561 shares in the first quarter.
• Other institutional investors, such as Twin Capital Management Inc. and Strengthening Families & Communities LLC, have also increased their stakes in Mosaic, with institutional ownership now at 77.54%.
• Mosaic reported a net margin of 8.35% and a revenue of $3.01 billion for the latest quarter, which was below analyst estimates.

SVB Wealth LLC bought a new stake in The Mosaic Company (NYSE:MOS - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 9,561 shares of the basic materials company's stock, valued at approximately $258,000.

Several other institutional investors have also bought and sold shares of MOS. AlphaQuest LLC raised its position in Mosaic by 2,804.3% in the 1st quarter. AlphaQuest LLC now owns 7,464 shares of the basic materials company's stock valued at $202,000 after buying an additional 7,207 shares during the last quarter. Newport Trust Company LLC purchased a new stake in shares of Mosaic in the first quarter valued at about $16,512,000. Norinchukin Bank The raised its holdings in shares of Mosaic by 15.2% in the first quarter. Norinchukin Bank The now owns 17,590 shares of the basic materials company's stock valued at $475,000 after purchasing an additional 2,323 shares during the last quarter. Stoneridge Investment Partners LLC bought a new position in shares of Mosaic during the first quarter valued at about $1,464,000. Finally, Humankind Investments LLC boosted its holdings in Mosaic by 4.4% during the first quarter. Humankind Investments LLC now owns 108,114 shares of the basic materials company's stock worth $2,920,000 after purchasing an additional 4,582 shares during the last quarter. Institutional investors own 77.54% of the company's stock.

Mosaic Price Performance

MOS stock traded up $0.47 during mid-day trading on Thursday, reaching $33.96. 3,124,675 shares of the company traded hands, compared to its average volume of 5,526,427. The company has a fifty day moving average price of $35.03 and a 200-day moving average price of $31.29. The company has a market capitalization of $10.78 billion, a P/E ratio of 11.51, a P/E/G ratio of 1.55 and a beta of 1.12. The Mosaic Company has a 52-week low of $22.36 and a 52-week high of $38.23. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.44.

Mosaic (NYSE:MOS - Get Free Report) last posted its earnings results on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate 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 return on equity of 4.74% and a net margin of 8.35%.The business's revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.54 earnings per share. As a group, analysts anticipate that The Mosaic Company will post 2.04 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. upped their target price on Mosaic from $35.00 to $37.00 and gave the company an "overweight" rating in a report on Monday, August 11th. UBS Group upped their price objective on Mosaic from $45.00 to $46.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Wells Fargo & Company decreased their target price on Mosaic from $38.00 to $34.00 and set an "equal weight" rating for the company in a research report on Thursday, August 7th. Royal Bank Of Canada reissued an "outperform" rating on shares of Mosaic in a report on Monday, July 14th. Finally, CIBC increased their price target on shares of Mosaic from $32.00 to $33.00 and gave the company a "neutral" rating in a research report on Friday, May 9th. Two equities 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.com, Mosaic has a consensus rating of "Moderate Buy" and an average target price of $36.42.

Mosaic Company 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.