Delta Global Management LP Invests $826,000 in The Mosaic Company $MOS

Delta Global Management LP acquired a new position in The Mosaic Company (NYSE:MOS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 34,304 shares of the basic materials company’s stock, valued at approximately $826,000.

A number of other institutional investors have also made changes to their positions in the business. Geneos Wealth Management Inc. boosted its stake in shares of Mosaic by 169.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock worth $26,000 after buying an additional 601 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in shares of Mosaic during the 2nd quarter worth about $31,000. Gen Wealth Partners Inc acquired a new position in shares of Mosaic during the 4th quarter worth about $32,000. MUFG Securities EMEA plc acquired a new position in shares of Mosaic during the 2nd quarter worth about $34,000. Finally, Los Angeles Capital Management LLC acquired a new position in shares of Mosaic during the 4th quarter worth about $34,000. Institutional investors own 77.54% of the company’s stock.

Mosaic Stock Down 3.9%

Shares of MOS stock opened at $21.65 on Wednesday. The stock has a market cap of $6.87 billion, a price-to-earnings ratio of 166.54, a PEG ratio of 2.66 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 52-week low of $19.80 and a 52-week high of $38.23. The firm’s 50-day moving average is $23.20 and its 200-day moving average is $25.34.

Mosaic (NYSE:MOS) last issued its quarterly earnings data on Monday, May 11th. The basic materials company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.15). The company had revenue of $3 billion for the quarter, compared to analyst estimates of $2.93 billion. Mosaic had a return on equity of 4.66% and a net margin of 0.36%.The company’s revenue was up 14.4% on a year-over-year basis. During the same quarter last year, the business earned $0.49 earnings per share. Sell-side analysts predict that The Mosaic Company will post 0.83 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on MOS. Barclays reduced their price objective on shares of Mosaic from $31.00 to $26.00 and set an “equal weight” rating for the company in a research note on Monday, May 18th. Weiss Ratings downgraded shares of Mosaic from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, May 12th. Wolfe Research reduced their price objective on shares of Mosaic from $37.00 to $36.00 and set an “outperform” rating for the company in a research note on Thursday, February 26th. Freedom Capital downgraded shares of Mosaic from a “hold” rating to a “strong sell” rating in a research note on Thursday, March 19th. Finally, The Goldman Sachs Group reduced their price objective on shares of Mosaic from $31.00 to $28.00 and set a “buy” rating for the company in a research note on Tuesday, May 12th. Six analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $27.41.

Mosaic 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.