Polianta Ltd raised its holdings in The Mosaic Company (NYSE:MOS – Free Report) by 65.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 61,400 shares of the basic materials company’s stock after purchasing an additional 24,200 shares during the quarter. Polianta Ltd’s holdings in Mosaic were worth $1,479,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of MOS. Vanguard Group Inc. boosted its stake in shares of Mosaic by 0.4% in the third quarter. Vanguard Group Inc. now owns 38,661,647 shares of the basic materials company’s stock worth $1,340,786,000 after buying an additional 160,953 shares during the last quarter. State Street Corp grew its holdings in Mosaic by 2.0% during the second quarter. State Street Corp now owns 13,056,284 shares of the basic materials company’s stock worth $476,293,000 after acquiring an additional 251,496 shares during the period. Dimensional Fund Advisors LP raised its position in Mosaic by 11.4% during the third quarter. Dimensional Fund Advisors LP now owns 12,576,151 shares of the basic materials company’s stock valued at $436,140,000 after acquiring an additional 1,285,883 shares in the last quarter. Invesco Ltd. raised its position in Mosaic by 3.7% during the third quarter. Invesco Ltd. now owns 9,186,429 shares of the basic materials company’s stock valued at $318,585,000 after acquiring an additional 331,739 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in Mosaic by 632.6% in the third quarter. AQR Capital Management LLC now owns 8,447,324 shares of the basic materials company’s stock valued at $291,348,000 after acquiring an additional 7,294,205 shares during the period. Hedge funds and other institutional investors own 77.54% of the company’s stock.
Wall Street Analyst Weigh In
MOS has been the topic of several recent research reports. Oppenheimer set a $35.00 price objective on Mosaic in a research report on Friday, January 16th. Wolfe Research decreased their target price on shares of Mosaic from $37.00 to $36.00 and set an “outperform” rating for the company in a research note on Thursday, February 26th. Zacks Research raised shares of Mosaic from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 9th. Barclays restated an “equal weight” rating and set a $31.00 price target on shares of Mosaic in a research report on Tuesday, March 3rd. Finally, Scotiabank cut their price objective on shares of Mosaic from $36.00 to $35.00 and set a “sector outperform” rating for the company in a report on Monday, March 2nd. Four investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $30.40.
Mosaic Stock Down 0.1%
Shares of MOS opened at $24.98 on Tuesday. The firm has a market cap of $7.93 billion, a P/E ratio of 14.78, a PEG ratio of 2.55 and a beta of 0.95. The Mosaic Company has a 12 month low of $22.36 and a 12 month high of $38.23. The stock’s 50 day moving average is $27.82 and its two-hundred day moving average is $27.79. The company has a current ratio of 1.32, a quick ratio of 0.47 and a debt-to-equity ratio of 0.35.
Mosaic (NYSE:MOS – Get Free Report) last announced its earnings results on Tuesday, February 24th. The basic materials company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.26). Mosaic had a return on equity of 5.80% and a net margin of 4.49%.The business had revenue of $2.97 billion for the quarter, compared to analyst estimates of $3.02 billion. During the same period in the previous year, the company earned $0.45 earnings per share. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. Analysts predict that The Mosaic Company will post 2.04 earnings per share for the current fiscal year.
Mosaic Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Thursday, May 21st will be given a dividend of $0.22 per share. The ex-dividend date is Thursday, May 21st. This represents a $0.88 dividend on an annualized basis and a yield of 3.5%. Mosaic’s dividend payout ratio is currently 52.07%.
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.
See Also
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