Hsbc Holdings PLC Has $24.56 Million Stock Position in The Mosaic Company $MOS

Hsbc Holdings PLC boosted its holdings in shares of The Mosaic Company (NYSE:MOS) by 94.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,014,987 shares of the basic materials company’s stock after purchasing an additional 493,008 shares during the period. Hsbc Holdings PLC’s holdings in Mosaic were worth $24,556,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Geneos Wealth Management Inc. increased its stake in shares of Mosaic by 169.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 601 shares during the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of Mosaic during the 2nd quarter worth $31,000. Gen Wealth Partners Inc bought a new stake in shares of Mosaic during the 4th quarter worth $32,000. MUFG Securities EMEA plc acquired a new stake in Mosaic in the second quarter valued at about $34,000. Finally, Los Angeles Capital Management LLC acquired a new stake in Mosaic in the fourth quarter valued at about $34,000. Institutional investors and hedge funds own 77.54% of the company’s stock.

Mosaic Price Performance

Shares of MOS opened at $20.87 on Thursday. The business has a 50-day moving average of $22.77 and a 200-day moving average of $25.24. 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 company has a market capitalization of $6.63 billion, a price-to-earnings ratio of 160.57, a price-to-earnings-growth ratio of 2.51 and a beta of 0.79. The Mosaic Company has a 1 year low of $19.80 and a 1 year high of $38.23.

Mosaic (NYSE:MOS) last posted its quarterly earnings data on Monday, May 11th. The basic materials company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.15). Mosaic had a net margin of 0.36% and a return on equity of 4.66%. The firm had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.93 billion. During the same period in the prior year, the company posted $0.49 earnings per share. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. As a group, equities research analysts anticipate that The Mosaic Company will post 0.83 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have commented on MOS. Berenberg Bank lowered their target price on Mosaic from $28.00 to $27.00 and set a “hold” rating for the company in a research note on Tuesday, May 19th. Barclays reduced their price target on shares of Mosaic from $31.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Monday, May 18th. Zacks Research lowered shares of Mosaic from a “hold” rating to a “strong sell” rating in a report on Friday, June 19th. Wolfe Research lowered their price objective on shares of Mosaic from $37.00 to $36.00 and set an “outperform” rating for the company in a research report on Thursday, February 26th. Finally, Canadian Imperial Bank of Commerce set a $25.00 price objective on shares of Mosaic in a research note on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $27.24.

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.