Clal Insurance Enterprises Holdings Ltd adds Mosaic Co (MOS) to its portfolio

Mosaic Co (MOS) : Clal Insurance Enterprises Holdings Ltd added new position in Mosaic Co during the most recent quarter end. The investment management firm now holds 112,400 shares of Mosaic Co which is valued at $3,159,564 , the company said in a statement filed on Aug 8, 2016 with the SEC.Mosaic Co makes up approximately 0.08% of Clal Insurance Enterprises Holdings Ltd’s portfolio.

Other Hedge Funds, Including , Oppenheimer Co Inc boosted its stake in MOS in the latest quarter, The investment management firm added 99,419 additional shares and now holds a total of 142,110 shares of Mosaic Co which is valued at $3,994,712. Mosaic Co makes up approx 0.11% of Oppenheimer Co Inc’s portfolio.State Board Of Administration Of Florida Retirement System boosted its stake in MOS in the latest quarter, The investment management firm added 86,197 additional shares and now holds a total of 507,473 shares of Mosaic Co which is valued at $13,838,789. Mosaic Co makes up approx 0.04% of State Board Of Administration Of Florida Retirement System’s portfolio.Swiss National Bank boosted its stake in MOS in the latest quarter, The investment management firm added 110,900 additional shares and now holds a total of 938,665 shares of Mosaic Co which is valued at $25,625,555. Mosaic Co makes up approx 0.04% of Swiss National Bank’s portfolio.Aberdeen Asset Management Plcuk boosted its stake in MOS in the latest quarter, The investment management firm added 77,427 additional shares and now holds a total of 307,760 shares of Mosaic Co which is valued at $8,401,848. Mosaic Co makes up approx 0.03% of Aberdeen Asset Management Plcuk’s portfolio.Svenska Handelsbanken Ab (publ) reduced its stake in MOS by selling 666 shares or 1.27% in the most recent quarter. The Hedge Fund company now holds 51,834 shares of MOS which is valued at $1,420,770. Mosaic Co makes up approx 0.08% of Svenska Handelsbanken Ab (publ)’s portfolio.

Mosaic Co opened for trading at $27.26 and hit $28.5 on the upside on Monday, eventually ending the session at $28.43, with a gain of 4.60% or 1.25 points. The heightened volatility saw the trading volume jump to 46,29,120 shares. Company has a market cap of $9,956 M.

On the company’s financial health, Mosaic Co reported $0.06 EPS for the quarter, missing the analyst consensus estimate by $ -0.06 based on the information available during the earnings call on Aug 2, 2016. Analyst had a consensus of $0.12. The company had revenue of $1674.60 million for the quarter, compared to analysts expectations of $1745.86 million. The company’s revenue was down -32.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.05 EPS.

Many Wall Street Analysts have commented on Mosaic Co. Mosaic Co was Downgraded by Credit Suisse to ” Underperform” on Aug 2, 2016. Shares were Downgraded by RBC Capital Mkts on Jul 13, 2016 to ” Sector Perform” and Lowered the Price Target to $ 27 from a previous price target of $28 .Mosaic Co was Downgraded by HSBC Securities to ” Reduce” on May 23, 2016.

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company is a single source supplier of phosphate and potash-based crop nutrients and animal feed ingredients. It operates in two segments. The Phosphates segment owns and operates mines and production facilities in Florida which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients and processing plants in Louisiana which produce concentrated phosphate crop nutrients. The Potash segment owns and operates potash mines and production facilities in Canada and the United States which produce potash-based crop nutrients animal feed ingredients and industrial products. It mines phosphate rock in Florida and process rock into finished phosphate products at facilities in Florida and Louisiana. It also mines potash in Saskatchewan and New Mexico. The Company has other production blending or distribution operations in Brazil China India and Paraguay.

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