72,046 Shares in The Mosaic Company $MOS Bought by Fideuram Intesa Sanpaolo Private Banking S.P.A.

Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of The Mosaic Company (NYSE:MOS) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 72,046 shares of the basic materials company’s stock, valued at approximately $1,736,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Dorsey Wright & Associates purchased a new stake in shares of Mosaic during the third quarter worth $4,170,000. Wedge Capital Management L L P NC raised its holdings in shares of Mosaic by 87.5% during the fourth quarter. Wedge Capital Management L L P NC now owns 376,905 shares of the basic materials company’s stock worth $9,080,000 after acquiring an additional 175,914 shares in the last quarter. Barclays PLC raised its holdings in shares of Mosaic by 55.6% during the third quarter. Barclays PLC now owns 1,606,609 shares of the basic materials company’s stock worth $55,717,000 after acquiring an additional 574,352 shares in the last quarter. Algert Global LLC raised its holdings in shares of Mosaic by 26.3% during the third quarter. Algert Global LLC now owns 380,138 shares of the basic materials company’s stock worth $13,183,000 after acquiring an additional 79,222 shares in the last quarter. Finally, Assenagon Asset Management S.A. purchased a new stake in shares of Mosaic during the fourth quarter worth $1,302,000. 77.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MOS has been the topic of several analyst reports. Canadian Imperial Bank of Commerce set a $25.00 target price on shares of Mosaic in a research report on Tuesday, May 12th. BMO Capital Markets lowered their target price on shares of Mosaic from $35.00 to $31.00 and set an “outperform” rating on the stock in a research report on Thursday. BNP Paribas Exane lowered their target price on shares of Mosaic from $35.00 to $33.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 25th. Berenberg Bank lowered their target price on shares of Mosaic from $28.00 to $27.00 and set a “hold” rating on the stock in a research report on Tuesday. Finally, The Goldman Sachs Group lowered their target price on shares of Mosaic from $31.00 to $28.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Six research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $27.65.

Mosaic Trading Up 0.4%

Mosaic stock opened at $21.96 on Friday. The company has a market capitalization of $6.97 billion, a price-to-earnings ratio of 168.90, a PEG ratio of 2.56 and a beta of 0.79. The company’s fifty day moving average price is $24.67 and its two-hundred day moving average price is $25.68. The Mosaic Company has a one year low of $20.89 and a one year high of $38.23. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 0.45.

Mosaic (NYSE:MOS) last issued its quarterly earnings results on Monday, May 11th. The basic materials company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.15). The business had revenue of $3 billion during the quarter, compared to analyst estimates of $2.93 billion. Mosaic had a net margin of 0.36% and a return on equity of 4.66%. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.49 earnings per share. On average, analysts forecast that The Mosaic Company will post 0.84 earnings per share for the current fiscal year.

Mosaic Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Thursday, May 21st will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Thursday, May 21st. Mosaic’s dividend payout ratio (DPR) is currently 676.92%.

Mosaic Company Profile

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.