Focus Partners Advisor Solutions LLC Invests $974,000 in The Mosaic Company $MOS

Focus Partners Advisor Solutions LLC bought a new position in shares of The Mosaic Company (NYSE:MOS) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 45,987 shares of the basic materials company’s stock, valued at approximately $974,000.

Other large investors have also recently bought and sold shares of the company. AQR Capital Management LLC lifted its holdings in Mosaic by 632.6% during the 3rd quarter. AQR Capital Management LLC now owns 8,447,324 shares of the basic materials company’s stock worth $291,348,000 after buying an additional 7,294,205 shares during the last quarter. Norges Bank purchased a new position in shares of Mosaic in the 4th quarter valued at about $103,129,000. Invesco Ltd. raised its position 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 worth $285,235,000 after acquiring an additional 2,653,969 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Mosaic by 252.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 3,240,652 shares of the basic materials company’s stock valued at $82,637,000 after purchasing an additional 2,320,605 shares in the last quarter. Finally, Merewether Investment Management LP purchased a new position in Mosaic in the second quarter valued at approximately $72,380,000. Hedge funds and other institutional investors own 77.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on MOS shares. Wall Street Zen downgraded shares of Mosaic from a “sell” rating to a “strong sell” rating in a research report on Sunday, July 12th. Canadian Imperial Bank of Commerce set a $25.00 price target on shares of Mosaic in a research report on Tuesday, May 12th. BNP Paribas Exane decreased their price objective on shares of Mosaic from $29.00 to $27.00 and set an “outperform” rating for the company in a research note on Wednesday, July 1st. HSBC dropped their price objective on Mosaic from $26.00 to $23.00 and set a “hold” rating on the stock in a report on Thursday, June 18th. Finally, The Goldman Sachs Group cut their target price on Mosaic from $31.00 to $28.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Seven investment 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. According to data from MarketBeat, Mosaic has a consensus rating of “Hold” and a consensus price target of $27.17.

Mosaic Price Performance

Shares of MOS opened at $21.61 on Monday. The firm has a market capitalization of $6.87 billion, a PE ratio of -10.70, a P/E/G ratio of 3.78 and a beta of 0.82. The company has a current ratio of 1.34, a quick ratio of 0.43 and a debt-to-equity ratio of 0.41. The stock’s 50 day moving average is $22.09 and its two-hundred day moving average is $24.43. The Mosaic Company has a twelve month low of $19.80 and a twelve month high of $36.99.

Mosaic (NYSE:MOS) last released its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.01. Mosaic had a positive return on equity of 3.77% and a negative net margin of 5.21%.The firm had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same period last year, the business posted $0.51 EPS. Mosaic’s quarterly revenue was down 6.0% on a year-over-year basis. Research analysts anticipate that The Mosaic Company will post 0.56 earnings per share for the current year.

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.