Fideuram Intesa Sanpaolo Private Banking S.P.A. Increases Holdings in The Mosaic Company $MOS

Fideuram Intesa Sanpaolo Private Banking S.P.A. grew its position in shares of The Mosaic Company (NYSE:MOS) by 55.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 112,349 shares of the basic materials company’s stock after buying an additional 40,303 shares during the quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Mosaic were worth $2,865,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of MOS. Geneos Wealth Management Inc. lifted its stake in shares of Mosaic by 169.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 601 shares during the period. CYBER HORNET ETFs LLC bought a new stake in Mosaic during the second quarter valued at approximately $31,000. SJS Investment Consulting Inc. grew its position in Mosaic by 72.9% during the first quarter. SJS Investment Consulting Inc. now owns 1,245 shares of the basic materials company’s stock valued at $32,000 after buying an additional 525 shares during the period. Gen Wealth Partners Inc purchased a new stake in Mosaic during the fourth quarter valued at approximately $32,000. Finally, MUFG Securities EMEA plc purchased a new stake in Mosaic during the second quarter valued at approximately $34,000. 77.54% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on MOS shares. Berenberg Bank reduced their price objective on Mosaic from $28.00 to $27.00 and set a “hold” rating for the company in a research note on Tuesday, May 19th. Zacks Research downgraded Mosaic from a “hold” rating to a “strong sell” rating in a research report on Friday, June 19th. Bank of America lowered Mosaic from a “buy” rating to a “neutral” rating and cut their price target for the company from $33.00 to $30.00 in a report on Friday, March 20th. BMO Capital Markets reduced their price target on Mosaic from $31.00 to $30.00 and set an “outperform” rating for the company in a research report on Tuesday. Finally, Morgan Stanley decreased their price objective on Mosaic from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $27.11.

Mosaic Price Performance

NYSE:MOS opened at $21.09 on Friday. 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 business’s 50-day simple moving average is $22.40 and its two-hundred day simple moving average is $25.10. The stock has a market cap of $6.70 billion, a PE ratio of 162.28, a P/E/G ratio of 2.51 and a beta of 0.82. The Mosaic Company has a 52 week low of $19.80 and a 52 week high of $38.23.

Mosaic (NYSE:MOS) last released its quarterly earnings data 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). 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 last year, the company earned $0.49 EPS. The business’s revenue was up 14.4% on a year-over-year basis. As a group, analysts forecast that The Mosaic Company will post 0.83 EPS for the current fiscal 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.