Quad Capital Management Advisors LLC bought a new stake in Mosaic Co (NYSE:MOS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 30,000 shares of the basic materials company’s stock, valued at approximately $770,000.
Other large investors have also bought and sold shares of the company. Dimensional Fund Advisors LP grew its holdings in shares of Mosaic by 26.8% during the third quarter. Dimensional Fund Advisors LP now owns 4,364,003 shares of the basic materials company’s stock worth $94,211,000 after purchasing an additional 921,345 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Mosaic by 3.3% during the fourth quarter. Geode Capital Management LLC now owns 3,731,386 shares of the basic materials company’s stock worth $95,552,000 after purchasing an additional 117,536 shares during the last quarter. Guggenheim Capital LLC grew its holdings in shares of Mosaic by 4.4% during the fourth quarter. Guggenheim Capital LLC now owns 2,505,676 shares of the basic materials company’s stock worth $64,294,000 after purchasing an additional 105,273 shares during the last quarter. Global Thematic Partners LLC grew its holdings in shares of Mosaic by 49.9% during the fourth quarter. Global Thematic Partners LLC now owns 2,325,030 shares of the basic materials company’s stock worth $59,660,000 after purchasing an additional 773,747 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. grew its holdings in shares of Mosaic by 4.0% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 2,131,660 shares of the basic materials company’s stock worth $54,699,000 after purchasing an additional 81,486 shares during the last quarter. 80.88% of the stock is currently owned by hedge funds and other institutional investors.
In other news, Director Kelvin R. Westbrook acquired 1,200 shares of Mosaic stock in a transaction that occurred on Tuesday, February 27th. The stock was purchased at an average price of $27.63 per share, for a total transaction of $33,156.00. Following the completion of the transaction, the director now directly owns 1,200 shares in the company, valued at $33,156. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.38% of the stock is owned by company insiders.
Shares of Mosaic stock traded down $0.58 during trading hours on Thursday, reaching $24.68. 4,586,713 shares of the company were exchanged, compared to its average volume of 5,128,250. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.51 and a current ratio of 2.27. The firm has a market capitalization of $8,786.76, a P/E ratio of -84.20, a P/E/G ratio of 1.95 and a beta of 1.26. Mosaic Co has a 1 year low of $19.23 and a 1 year high of $29.80.
Mosaic (NYSE:MOS) last announced its quarterly earnings data on Monday, February 19th. The basic materials company reported $0.34 EPS for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.07. The firm had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $1.91 billion. Mosaic had a negative net margin of 1.45% and a positive return on equity of 3.90%. The firm’s revenue was up 12.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.03 earnings per share. analysts predict that Mosaic Co will post 1.35 earnings per share for the current fiscal year.
MOS has been the topic of several research reports. Cowen raised their price objective on Mosaic from $21.00 to $24.00 and gave the stock a “market perform” rating in a report on Wednesday, November 22nd. JPMorgan Chase & Co. initiated coverage on shares of Mosaic in a research note on Friday, January 12th. They set a “neutral” rating and a $26.00 target price for the company. Royal Bank of Canada increased their target price on shares of Mosaic from $24.00 to $28.00 and gave the stock a “sector perform” rating in a research note on Friday, January 12th. Zacks Investment Research downgraded shares of Mosaic from a “buy” rating to a “hold” rating in a research note on Friday, January 12th. Finally, Stephens initiated coverage on shares of Mosaic in a research note on Friday, February 2nd. They set an “overweight” rating for the company. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company’s stock. Mosaic has an average rating of “Hold” and a consensus target price of $25.84.
Mosaic Company Profile
The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.
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