Signaturefd LLC Increases Stock Position in The Mosaic Company (NYSE:MOS)

Signaturefd LLC boosted its position in The Mosaic Company (NYSE:MOS) by 17.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,604 shares of the basic materials company’s stock after buying an additional 531 shares during the quarter. Signaturefd LLC’s holdings in Mosaic were worth $129,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MOS. SG Americas Securities LLC lifted its stake in shares of Mosaic by 95.0% in the third quarter. SG Americas Securities LLC now owns 42,252 shares of the basic materials company’s stock worth $1,504,000 after acquiring an additional 20,585 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in shares of Mosaic by 526.1% during the 3rd quarter. Exchange Traded Concepts LLC now owns 1,534 shares of the basic materials company’s stock valued at $55,000 after buying an additional 1,289 shares during the last quarter. Czech National Bank increased its stake in shares of Mosaic by 47.9% in the third quarter. Czech National Bank now owns 58,186 shares of the basic materials company’s stock worth $2,071,000 after buying an additional 18,848 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in Mosaic by 29.9% in the third quarter. Commonwealth Equity Services LLC now owns 94,382 shares of the basic materials company’s stock valued at $3,360,000 after acquiring an additional 21,706 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its stake in Mosaic by 91.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 62,092 shares of the basic materials company’s stock valued at $2,210,000 after acquiring an additional 29,644 shares during the last quarter. 77.54% of the stock is owned by hedge funds and other institutional investors.

Mosaic Stock Up 2.0 %

Shares of Mosaic stock opened at $30.87 on Tuesday. The Mosaic Company has a 1-year low of $29.25 and a 1-year high of $43.99. The company has a market capitalization of $9.93 billion, a P/E ratio of 8.85, a PEG ratio of 1.55 and a beta of 1.50. The business’s fifty day moving average price is $31.53 and its two-hundred day moving average price is $33.22. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.22 and a quick ratio of 0.57.

Mosaic (NYSE:MOS) last posted its quarterly earnings data on Thursday, February 22nd. The basic materials company reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.11). Mosaic had a return on equity of 9.69% and a net margin of 8.51%. The company had revenue of $3.15 billion during the quarter, compared to analyst estimates of $3.09 billion. During the same period in the previous year, the company earned $1.74 EPS. The business’s revenue for the quarter was down 29.7% compared to the same quarter last year. As a group, research analysts forecast that The Mosaic Company will post 2.79 EPS for the current year.

Mosaic Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 20th. Investors of record on Thursday, June 6th will be issued a dividend of $0.21 per share. The ex-dividend date of this dividend is Thursday, June 6th. This represents a $0.84 annualized dividend and a yield of 2.72%. Mosaic’s payout ratio is 24.07%.

Analyst Ratings Changes

MOS has been the topic of several research analyst reports. TheStreet cut shares of Mosaic from a “b-” rating to a “c+” rating in a research report on Tuesday, February 6th. The Goldman Sachs Group decreased their target price on Mosaic from $54.00 to $48.00 and set a “buy” rating for the company in a research report on Thursday, February 1st. Wolfe Research initiated coverage on Mosaic in a research note on Friday, March 1st. They set an “outperform” rating and a $39.00 price objective on the stock. Piper Sandler lowered shares of Mosaic from a “neutral” rating to an “underweight” rating and lowered their target price for the company from $42.00 to $32.00 in a research note on Thursday, February 29th. Finally, Mizuho downgraded shares of Mosaic from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $42.00 to $34.00 in a research report on Wednesday, January 24th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $40.27.

Mosaic Profile

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and Mosaic Fertilizantes. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names, as well as produces a double sulfate of potash magnesia product under K-Mag brand name.