13GD Coverage: Jpmorgan Chase & Co Just Opened Huge Mosaic Co Position

13GD Coverage: Jpmorgan Chase & Co Just Opened Huge Mosaic Co Position

The New Jpmorgan Chase & Co Holding in Mosaic Co

Jpmorgan Chase & Co filed with the SEC SC 13G/A form for Mosaic Co. The form can be accessed here: 000001961716001218. As reported in Jpmorgan Chase & Co’s form, the filler as of late owns 3.5% or 12,578,473 shares of the Materials–company.

Mosaic Co stake is a new one for the for this institutional investor and it was filed because of activity on October 31, 2016. We feel this shows Jpmorgan Chase & Co’s positive view for the stock.

Mosaic Co Institutional Sentiment

Latest Security and Exchange filings show 497 investors own Mosaic Co. The institutional ownership in Q3 2015 is very high, at 73.00% of the outstanding shares. This is decreased by 21939853 the total institutional shares. 255653487 were the shares owned by these institutional investors. In total 60 funds opened new Mosaic Co stakes, 204 increased stakes. There were 90 that closed positions and 170 reduced them.

3 managers had the stock in their top Ten. Notable investors are: Oslo Asset Management Asa, Global Thematic Partners Llc, Hutchinson Capital Management Ca, S&Co Inc..

Calvert Investment Management Inc is an institutional investor bullish on Mosaic Co, owning 16893 shares as of Q3 2015 for 0.02% of its portfolio. Burnham Asset Management Corp owns 7000 shares or 0.06% of its portfolio. MA Boston Research & Management Inc have 0.65% of their stock portfolio for 31870 shares. Further, Bourgeon Capital Management Llc reported stake worth 1.52% of its US stock portfolio. The TX Afam Capital Inc owns 119783 shares. Mosaic Co is 0.57% of the manager’s US portfolio.

Business Profile

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company’s segments include Phosphates, Potash and International Distribution. Its Phosphates Segment sells phosphate-based crop nutrients and animal feed ingredients throughout North America and internationally. The Company’s Phosphates business 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. Its Potash segment mines and processes potash in Canada and the United States. Its Potash Segment sells potash throughout North America and internationally. Its International Distribution Segment consists of sales offices, crop nutrient blending and bagging facilities, port terminals and warehouses in Brazil, Paraguay, India and China.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

Insitutional Activity: The institutional sentiment increased to 1.49 in Q2 2016. Its up 0.19, from 1.3 in 2016Q1. The ratio increased, as 50 funds sold all Mosaic Co shares owned while 131 reduced positions. 70 funds bought stakes while 200 increased positions. They now own 300.01 million shares or 0.68% more from 297.98 million shares in 2016Q1.

The California-based Capital Ca has invested 0.01% in Mosaic Co (NYSE:MOS). Baldwin Brothers Ma holds 0% or 194 shares in its portfolio. Next Fincl Gp, a Texas-based fund reported 53 shares. Lord Abbett & Co Ltd Co, a New Jersey-based fund reported 505,789 shares. Regentatlantic Limited Liability Co reported 9,845 shares or 0.02% of all its holdings. Indiana & Invest Mgmt holds 0.23% or 17,229 shares in its portfolio. The New York-based Evercore Wealth Management Ltd Liability Corporation has invested 0% in Mosaic Co (NYSE:MOS). Argi Svcs Llc last reported 31,057 shares in the company. Princeton Alpha Management Ltd Partnership has invested 0.28% of its portfolio in Mosaic Co (NYSE:MOS). The Massachusetts-based Adage Prtnrs Ltd has invested 0.44% in Mosaic Co (NYSE:MOS). Usca Ria Limited Liability Corp has 0.07% invested in the company for 15,071 shares. Metropolitan Life Insurance Comm Ny owns 182,394 shares or 0.04% of their US portfolio. London Of Virginia holds 0.93% of its portfolio in Mosaic Co (NYSE:MOS) for 4.62 million shares. Macquarie Grp Limited holds 0% of its portfolio in Mosaic Co (NYSE:MOS) for 29,016 shares. Caisse De Depot Et Placement Du Quebec holds 0.02% or 249,627 shares in its portfolio.

Insider Transactions: Since June 2, 2016, the stock had 0 insider purchases, and 1 sale for $507,080 net activity. The insider BRAUSEN ANTHONY T sold 19,716 shares worth $507,080.

The stock increased 4.26% or $1.07 on November 8, hitting $26.18. About 4.93 million shares traded hands. Mosaic Co (NYSE:MOS) has declined 1.14% since April 6, 2016 and is downtrending. It has underperformed by 4.28% the S&P500.

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The company has a market cap of $9.40 billion. The Company’s divisions include Phosphates, Potash and International Distribution. It has a 21 P/E ratio. The Company’s Phosphates Segment sells phosphate crop nutrients and animal feed ingredients throughout North America and internationally.

Mosaic Co (NYSE:MOS) Ratings Coverage

Out of 19 analysts covering The Mosaic Company (NYSE:MOS), 3 rate it a “Buy”, 6 “Sell”, while 10 “Hold”. This means 16% are positive. $56 is the highest target while $22 is the lowest. The $33.53 average target is 28.07% above today’s ($26.18) stock price. The Mosaic Company has been the topic of 48 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The stock has “Equal-Weight” rating given by Barclays Capital on Monday, October 5. Vertical Research downgraded the stock to “Sell” rating in Wednesday, August 31 report. The rating was downgraded by JP Morgan to “Neutral” on Monday, January 25. The firm earned “Hold” rating on Thursday, April 21 by Vertical Research. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, November 4 report. On Thursday, April 14 the stock rating was downgraded by Scotia Capital to “Sector Perform”. UBS maintained the shares of MOS in a report on Wednesday, March 16 with “Buy” rating. On Wednesday, November 2 the stock rating was upgraded by CLSA to “Buy”. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, February 5 report. The rating was downgraded by HSBC on Monday, April 11 to “Hold”.

Another recent and important Mosaic Co (NYSE:MOS) news was published by Reuters.com which published an article titled: “BRIEF-Mosaic Co Q3 EPS $0.11” on November 01, 2016.

According to Zacks Investment Research, “The Mosaic Company is one of the world’s leading producers and marketers of concentrated phosphate and potash crop nutrients. For the global agriculture industry, Mosaic is a single source for phosphates, potash, nitrogen fertilizers and feed ingredients.”

MOS Company Profile

The Mosaic Company (Mosaic), incorporated on March 25, 2004, is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company’s divisions include Phosphates, Potash and International Distribution. The Company’s Phosphates Segment sells phosphate crop nutrients and animal feed ingredients throughout North America and internationally. The Company’s Potash Segment sells potash throughout North America and internationally, principally as fertilizer, and also for use in industrial applications. The Company’s International Distribution Segment consists of sales offices, crop nutrient blending and bagging facilities, port terminals and warehouses in Brazil, Paraguay, India and China.

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