Virtu Financial LLC Acquires Shares of 52,323 The Mosaic Company $MOS

Virtu Financial LLC bought a new position in The Mosaic Company (NYSE:MOS) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 52,323 shares of the basic materials company’s stock, valued at approximately $1,260,000.

A number of other large investors have also made changes to their positions in the company. AQR Capital Management LLC grew its position in Mosaic by 632.6% during the third quarter. AQR Capital Management LLC now owns 8,447,324 shares of the basic materials company’s stock valued at $291,348,000 after purchasing an additional 7,294,205 shares in the last quarter. Norges Bank bought a new stake in Mosaic in the fourth quarter worth $103,129,000. Invesco Ltd. increased its holdings in shares of Mosaic by 28.9% during the 4th quarter. Invesco Ltd. now owns 11,840,398 shares of the basic materials company’s stock valued at $285,235,000 after acquiring an additional 2,653,969 shares during the last quarter. Merewether Investment Management LP acquired a new stake in Mosaic in the 2nd quarter worth approximately $72,380,000. Finally, Randolph Co Inc acquired a new stake in Mosaic in the 4th quarter worth approximately $33,264,000. Institutional investors and hedge funds own 77.54% of the company’s stock.

Analyst Ratings Changes

MOS has been the topic of several analyst reports. Berenberg Bank lowered their price target on Mosaic from $28.00 to $27.00 and set a “hold” rating on the stock in a report on Tuesday, May 19th. BNP Paribas Exane reduced their price objective on shares of Mosaic from $30.00 to $29.00 and set an “outperform” rating for the company in a research note on Monday, June 15th. Wells Fargo & Company decreased their price objective on shares of Mosaic from $25.00 to $22.00 and set an “equal weight” rating for the company in a report on Thursday, May 14th. Scotiabank reiterated an “outperform” rating and issued a $30.00 target price on shares of Mosaic in a research note on Tuesday, May 19th. Finally, Royal Bank Of Canada upgraded shares of Mosaic from a “sector perform” rating to an “outperform” rating and lowered their target price for the company from $28.00 to $27.00 in a research note on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Mosaic has a consensus rating of “Hold” and an average target price of $27.24.

Mosaic Price Performance

Shares of NYSE:MOS opened at $22.89 on Friday. The company has a market cap of $7.27 billion, a price-to-earnings ratio of 176.11, a PEG ratio of 2.71 and a beta of 0.79. The business has a 50 day moving average price of $22.98 and a 200 day moving average price of $25.30. The company has a quick ratio of 0.45, a current ratio of 1.25 and a debt-to-equity ratio of 0.36. The Mosaic Company has a twelve month low of $19.80 and a twelve month high of $38.23.

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

About Mosaic

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.