Mosaic Co (MOS) : Edmond De Rothschild Holding S.a. scooped up 299,760 additional shares in Mosaic Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 1,717,130 shares of Mosaic Co which is valued at $48,577,608.Mosaic Co makes up approximately 1.54% of Edmond De Rothschild Holding S.a.’s portfolio.
Other Hedge Funds, Including , Korea Investment Corp reduced its stake in MOS by selling 42,500 shares or 12.35% in the most recent quarter. The Hedge Fund company now holds 301,700 shares of MOS which is valued at $8,076,509. Mosaic Co makes up approx 0.04% of Korea Investment Corp’s portfolio.Leisure Capital Management boosted its stake in MOS in the latest quarter, The investment management firm added 565 additional shares and now holds a total of 28,585 shares of Mosaic Co which is valued at $706,907. Mosaic Co makes up approx 0.69% of Leisure Capital Management’s portfolio.Bradley Foster Sargent Incct boosted its stake in MOS in the latest quarter, The investment management firm added 63,012 additional shares and now holds a total of 753,279 shares of Mosaic Co which is valued at $18,319,745. Mosaic Co makes up approx 0.83% of Bradley Foster Sargent Incct’s portfolio.Conning reduced its stake in MOS by selling 490 shares or 5.49% in the most recent quarter. The Hedge Fund company now holds 8,430 shares of MOS which is valued at $207,378. Mosaic Co makes up approx 0.01% of Conning’s portfolio.
Mosaic Co opened for trading at $27.21 and hit $28.36 on the upside on Monday, eventually ending the session at $28.26, with a gain of 3.40% or 0.93 points. The heightened volatility saw the trading volume jump to 41,48,555 shares. Company has a market cap of $9,898 M.
On the company’s financial health, Mosaic Co reported $0.33 EPS for the quarter, beating the analyst consensus estimate by $ 0.24 according to the earnings call on Nov 1, 2016. Analyst had a consensus of $0.09. The company had revenue of $2000.00 million for the quarter, compared to analysts expectations of $1909.56 million. The company’s revenue was down -5.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.62 EPS.
Investors should note that on Oct 13, 2016, Mosaic Co announced a cash dividend of $0.2750. The company’s management has announced Nov 29, 2016 as the ex-dividend date and fixed the record date on Dec 1, 2016. The payable date has been fixed on Dec 15, 2016.
Many Wall Street Analysts have commented on Mosaic Co. Mosaic Co was Upgraded by CLSA to ” Buy” on Nov 2, 2016. Mosaic Co was Downgraded by Susquehanna to ” Neutral” on Aug 17, 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.