Polianta Ltd Buys 22,400 Shares of The Mosaic Company $MOS

Polianta Ltd increased its stake in The Mosaic Company (NYSE:MOS) by 40.1% during the 2nd quarter, Holdings Channel reports. The firm owned 78,200 shares of the basic materials company’s stock after purchasing an additional 22,400 shares during the quarter. Polianta Ltd’s holdings in Mosaic were worth $1,657,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Czech National Bank lifted its position in Mosaic by 4.7% during the second quarter. Czech National Bank now owns 90,471 shares of the basic materials company’s stock valued at $1,917,000 after purchasing an additional 4,026 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of Mosaic by 214.9% in the 2nd quarter. Assenagon Asset Management S.A. now owns 166,069 shares of the basic materials company’s stock worth $3,519,000 after buying an additional 113,334 shares during the last quarter. Byrne Asset Management LLC increased its holdings in shares of Mosaic by 26.5% in the 2nd quarter. Byrne Asset Management LLC now owns 9,390 shares of the basic materials company’s stock worth $199,000 after buying an additional 1,970 shares during the last quarter. 180 Wealth Advisors LLC raised its position in shares of Mosaic by 18.0% during the 2nd quarter. 180 Wealth Advisors LLC now owns 12,089 shares of the basic materials company’s stock valued at $256,000 after buying an additional 1,845 shares in the last quarter. Finally, Brandywine Financial Group purchased a new stake in shares of Mosaic during the 1st quarter valued at $6,757,000. 77.54% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. The Goldman Sachs Group cut their target price on shares of Mosaic from $31.00 to $28.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Wells Fargo & Company lowered their price target on Mosaic from $25.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 14th. UBS Group dropped their price target on Mosaic from $27.00 to $23.00 and set a “neutral” rating for the company in a research note on Tuesday, May 12th. Wall Street Zen cut Mosaic from a “sell” rating to a “strong sell” rating in a report on Sunday, July 12th. Finally, Scotiabank reiterated an “outperform” rating and issued a $30.00 price objective on shares of Mosaic in a report on Tuesday, May 19th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $27.17.

Mosaic Trading Down 1.6%

Shares of MOS opened at $23.08 on Friday. The Mosaic Company has a fifty-two week low of $19.80 and a fifty-two week high of $36.99. The firm has a market cap of $7.33 billion, a price-to-earnings ratio of -11.42, a PEG ratio of 3.11 and a beta of 0.82. The firm has a 50 day moving average price of $22.14 and a 200-day moving average price of $24.63. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.45 and a current ratio of 1.34.

Mosaic (NYSE:MOS) last released its earnings results on Tuesday, August 4th. The basic materials company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.12 by $0.01. The company had revenue of $2.82 billion for the quarter, compared to analyst estimates of $3.10 billion. Mosaic had a negative net margin of 5.21% and a positive return on equity of 3.77%. The firm’s quarterly revenue was down 6.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.51 EPS. As a group, equities research analysts forecast that The Mosaic Company will post 0.65 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.