Northrock Partners adds Mosaic Co (MOS) to its portfolio

Mosaic Co (MOS) : Northrock Partners added new position in Mosaic Co during the most recent quarter end. The investment management firm now holds 22,033 shares of Mosaic Co which is valued at $598,857 , the company said in a statement filed on Aug 10, 2016 with the SEC.Mosaic Co makes up approximately 0.26% of Northrock Partners’s portfolio.

Other Hedge Funds, Including , Vontobel Swiss Wealth Advisors Ag boosted its stake in MOS in the latest quarter, The investment management firm added 1,265 additional shares and now holds a total of 10,815 shares of Mosaic Co which is valued at $293,952. Mosaic Co makes up approx 0.15% of Vontobel Swiss Wealth Advisors Ag’s portfolio.Victory Capital Management Inc boosted its stake in MOS in the latest quarter, The investment management firm added 11,185 additional shares and now holds a total of 66,541 shares of Mosaic Co which is valued at $1,870,468. Mosaic Co makes up approx 0.01% of Victory Capital Management Inc’s portfolio.Ngam Advisors boosted its stake in MOS in the latest quarter, The investment management firm added 30 additional shares and now holds a total of 24,532 shares of Mosaic Co which is valued at $669,724. Mosaic Co makes up approx 0.01% of Ngam Advisors’s portfolio. Clean Yield Group added MOS to its portfolio by purchasing 650 company shares during the most recent quarter which is valued at $18,772. Mosaic Co makes up approx 0.01% of Clean Yield Group’s portfolio. Simplex Trading added MOS to its portfolio by purchasing 58,901 company shares during the most recent quarter which is valued at $1,708,718. Mosaic Co makes up approx 0.22% of Simplex Trading’s portfolio.

Mosaic Co opened for trading at $27.65 and hit $28.15 on the upside on Friday, eventually ending the session at $28.07, with a gain of 0.39% or 0.11 points. The heightened volatility saw the trading volume jump to 30,10,287 shares. Company has a market cap of $9,830 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 Susquehanna to ” Neutral” on Aug 17, 2016. 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 .

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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