BNP Paribas Financial Markets Has $27.68 Million Stock Holdings in The Mosaic Company $MOS

BNP Paribas Financial Markets raised its position in The Mosaic Company (NYSE:MOS) by 9.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,148,996 shares of the basic materials company’s stock after buying an additional 99,422 shares during the quarter. BNP Paribas Financial Markets’ holdings in Mosaic were worth $27,679,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its holdings in Mosaic by 169.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock valued at $26,000 after buying an additional 601 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new position in Mosaic in the 2nd quarter valued at $31,000. MUFG Securities EMEA plc acquired a new position in Mosaic in the 2nd quarter valued at $34,000. Torren Management LLC acquired a new position in Mosaic in the 4th quarter valued at $35,000. Finally, Smartleaf Asset Management LLC grew its holdings in Mosaic by 57.6% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,135 shares of the basic materials company’s stock valued at $39,000 after buying an additional 415 shares in the last quarter. 77.54% of the stock is owned by institutional investors and hedge funds.

Mosaic Stock Performance

NYSE:MOS opened at $22.93 on Friday. The stock has a fifty day moving average price of $23.85 and a 200-day moving average price of $25.49. The company has a market cap of $7.28 billion, a price-to-earnings ratio of 176.36, a PEG ratio of 2.76 and a beta of 0.79. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.45 and a current ratio of 1.25. The Mosaic Company has a fifty-two week low of $20.89 and a fifty-two week high of $38.23.

Mosaic (NYSE:MOS) last released its earnings results on Monday, May 11th. The basic materials company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.15). The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.93 billion. Mosaic had a net margin of 0.36% and a return on equity of 4.66%. The business’s revenue was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.49 earnings per share. As a group, equities analysts anticipate that The Mosaic Company will post 0.83 EPS for the current fiscal year.

Analyst Ratings Changes

MOS has been the topic of a number of research reports. Scotiabank reaffirmed an “outperform” rating and issued a $30.00 price objective on shares of Mosaic in a report on Tuesday, May 19th. Mizuho decreased their price objective on Mosaic from $27.00 to $24.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Wells Fargo & Company decreased their price objective on Mosaic from $25.00 to $22.00 and set an “equal weight” rating on the stock in a report on Thursday, May 14th. Freedom Capital lowered Mosaic from a “hold” rating to a “strong sell” rating in a report on Thursday, March 19th. Finally, Bank of America downgraded Mosaic from a “buy” rating to a “neutral” rating and cut their target price for the company from $33.00 to $30.00 in a research report on Friday, March 20th. Six analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $27.47.

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.