Calamos Advisors LLC Purchases New Position in The Mosaic Company $MOS

Calamos Advisors LLC acquired a new position in shares of The Mosaic Company (NYSE:MOS) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 27,999 shares of the basic materials company’s stock, valued at approximately $714,000.

Other institutional investors have also recently bought and sold shares of the company. NewEdge Advisors LLC grew its holdings in shares of Mosaic by 27.8% in the 1st quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock valued at $47,000 after buying an additional 380 shares during the period. United Services Automobile Association bought a new stake in shares of Mosaic in the 1st quarter valued at $201,000. Empowered Funds LLC raised its stake in Mosaic by 170.5% during the 1st quarter. Empowered Funds LLC now owns 54,176 shares of the basic materials company’s stock worth $1,463,000 after buying an additional 34,151 shares during the period. Woodline Partners LP raised its stake in Mosaic by 40.7% during the 1st quarter. Woodline Partners LP now owns 26,836 shares of the basic materials company’s stock worth $725,000 after buying an additional 7,760 shares during the period. Finally, Geneos Wealth Management Inc. lifted its holdings in Mosaic by 169.3% during the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 601 shares in the last quarter. Institutional investors and hedge funds own 77.54% of the company’s stock.

Mosaic Stock Down 2.5%

Shares of Mosaic stock opened at $22.48 on Friday. The business’s 50 day simple moving average is $22.10 and its 200 day simple moving average is $24.96. The Mosaic Company has a 52-week low of $19.80 and a 52-week high of $37.53. The firm has a market cap of $7.14 billion, a PE ratio of 172.90, a P/E/G ratio of 2.74 and a beta of 0.82. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.45 and a current ratio of 1.25.

Mosaic (NYSE:MOS) last released its 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 net margin of 0.36% and a return on equity of 4.66%. The firm had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.93 billion. During the same quarter in the previous year, the firm posted $0.49 EPS. The company’s revenue was up 14.4% on a year-over-year basis. On average, analysts predict that The Mosaic Company will post 0.83 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Canadian Imperial Bank of Commerce set a $25.00 target price on Mosaic in a research note on Tuesday, May 12th. Wall Street Zen lowered Mosaic from a “sell” rating to a “strong sell” rating in a research report on Sunday, July 12th. JPMorgan Chase & Co. cut their price objective on Mosaic from $24.00 to $19.00 and set an “underweight” rating on the stock in a report on Tuesday, May 12th. Berenberg Bank decreased their price objective on Mosaic from $28.00 to $27.00 and set a “hold” rating for the company in a research report on Tuesday, May 19th. Finally, Bank of America cut Mosaic from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $33.00 to $30.00 in a research note on Friday, March 20th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Mosaic has a consensus rating of “Hold” and an average target price of $27.11.

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.