Himension Capital Singapore PTE. LTD. Makes New $1.44 Million Investment in The Mosaic Company $MOS

Himension Capital Singapore PTE. LTD. acquired a new stake in shares of The Mosaic Company (NYSE:MOS) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 56,484 shares of the basic materials company’s stock, valued at approximately $1,440,000.

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

Mosaic Trading Down 2.0%

MOS opened at $21.97 on Wednesday. The business has a fifty day moving average price of $22.10 and a 200 day moving average price of $24.92. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 0.45. The Mosaic Company has a 12 month low of $19.80 and a 12 month high of $37.53. The stock has a market capitalization of $6.98 billion, a price-to-earnings ratio of 169.01, a PEG ratio of 2.66 and a beta of 0.82.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on MOS shares. Royal Bank Of Canada raised Mosaic from a “sector perform” rating to an “outperform” rating and dropped their price objective for the company from $28.00 to $27.00 in a research note on Wednesday, May 13th. Zacks Research cut Mosaic from a “hold” rating to a “strong sell” rating in a report on Friday, June 19th. Rothschild & Co Redburn assumed coverage on Mosaic in a research report on Friday, June 26th. They issued a “buy” rating and a $30.00 target price for the company. JPMorgan Chase & Co. cut their price target on shares of Mosaic from $24.00 to $19.00 and set an “underweight” rating on the stock in a research note on Tuesday, May 12th. Finally, Berenberg Bank reduced their price target on shares of Mosaic from $28.00 to $27.00 and set a “hold” rating on the stock in a research report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Mosaic presently has a consensus rating of “Hold” and a consensus price target 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.