Y Intercept Hong Kong Ltd Makes New Investment in The Mosaic Company (NYSE:MOS)

Y Intercept Hong Kong Ltd acquired a new position 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 & Exchange Commission. The institutional investor acquired 79,262 shares of the basic materials company's stock, valued at approximately $2,141,000.

Other institutional investors also recently bought and sold shares of the company. NBC Securities Inc. purchased a new stake in Mosaic during the 1st quarter valued at about $26,000. Compagnie Lombard Odier SCmA purchased a new stake in Mosaic during the 1st quarter valued at about $27,000. Allworth Financial LP grew its position in Mosaic by 102.3% during the 1st quarter. Allworth Financial LP now owns 1,062 shares of the basic materials company's stock valued at $31,000 after purchasing an additional 537 shares during the last quarter. Heck Capital Advisors LLC purchased a new stake in Mosaic during the 4th quarter valued at about $41,000. Finally, Huntington National Bank grew its position in Mosaic by 54.1% during the 4th quarter. Huntington National Bank now owns 3,374 shares of the basic materials company's stock valued at $83,000 after purchasing an additional 1,185 shares during the last quarter. 77.54% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Mosaic

In other Mosaic news, SVP Walter F. Precourt III sold 18,000 shares of the business'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 completion of the sale, the senior vice president owned 128,546 shares of the company's stock, valued at approximately $4,592,948.58. The trade was a 12.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.50% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Royal Bank Of Canada reissued an "outperform" rating on shares of Mosaic in a research report on Monday, July 14th. Wells Fargo & Company raised their price target on shares of Mosaic from $35.00 to $38.00 and gave the company an "equal weight" rating in a report on Thursday, July 17th. Barclays raised their price target on shares of Mosaic from $40.00 to $46.00 and gave the company an "overweight" rating in a report on Monday, July 7th. CIBC raised 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. Finally, BNP Paribas raised shares of Mosaic to a "strong-buy" rating in a report on Wednesday, April 9th. Five equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $36.75.

Mosaic Stock Performance

Shares of MOS traded down $0.48 on Friday, reaching $36.91. The company's stock had a trading volume of 5,210,800 shares, compared to its average volume of 4,272,391. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.12 and a quick ratio of 0.44. The stock has a market capitalization of $11.71 billion, a P/E ratio of 31.82, a PEG ratio of 1.67 and a beta of 1.12. The stock's 50 day simple moving average is $36.04 and its two-hundred day simple moving average is $30.33. The Mosaic Company has a 12-month low of $22.36 and a 12-month high of $38.23.

Mosaic (NYSE:MOS - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The basic materials company reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.04. Mosaic had a net margin of 3.32% and a return on equity of 4.91%. The company had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter last year, the firm posted $0.65 earnings per share. The firm's revenue was down 2.2% compared to the same quarter last year. Research analysts forecast that The Mosaic Company will post 2.04 earnings per share for the current fiscal year.

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.