CVA Family Office LLC Has $167,000 Holdings in The Mosaic Company $MOS

CVA Family Office LLC lifted its stake in The Mosaic Company (NYSE:MOS) by 25.2% during the 2nd quarter, HoldingsChannel reports. The fund owned 4,569 shares of the basic materials company’s stock after buying an additional 919 shares during the period. CVA Family Office LLC’s holdings in Mosaic were worth $167,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of MOS. Dimensional Fund Advisors LP boosted its holdings in Mosaic by 4.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 11,497,545 shares of the basic materials company’s stock valued at $310,549,000 after purchasing an additional 456,327 shares during the period. Boston Partners lifted its stake in shares of Mosaic by 42.2% in the first quarter. Boston Partners now owns 7,979,380 shares of the basic materials company’s stock valued at $215,540,000 after buying an additional 2,368,094 shares during the period. Charles Schwab Investment Management Inc. grew its position in Mosaic by 6.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 3,595,452 shares of the basic materials company’s stock worth $97,113,000 after buying an additional 226,856 shares in the last quarter. Fuller & Thaler Asset Management Inc. bought a new position in Mosaic during the first quarter valued at about $54,953,000. Finally, Truist Financial Corp raised its holdings in Mosaic by 13,275.9% in the 2nd quarter. Truist Financial Corp now owns 2,022,840 shares of the basic materials company’s stock valued at $73,793,000 after acquiring an additional 2,007,717 shares in the last quarter. Institutional investors own 77.54% of the company’s stock.

Mosaic Stock Up 1.2%

MOS opened at $30.00 on Friday. The firm has a market cap of $9.52 billion, a price-to-earnings ratio of 10.17, a PEG ratio of 0.98 and a beta of 1.00. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.44 and a current ratio of 1.14. The firm’s 50-day simple moving average is $32.84 and its 200-day simple moving average is $33.37. The Mosaic Company has a twelve month low of $22.36 and a twelve month high of $38.23.

Mosaic (NYSE:MOS) last released its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.20). The firm had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3.11 billion. Mosaic had a net margin of 8.35% and a return on equity of 4.74%. Mosaic’s quarterly revenue was up 6.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.54 earnings per share. Equities research analysts anticipate that The Mosaic Company will post 2.04 EPS for the current fiscal year.

Mosaic Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Monday, September 8th were given a dividend of $0.22 per share. The ex-dividend date was Monday, September 8th. This represents a $0.88 dividend on an annualized basis and a yield of 2.9%. Mosaic’s dividend payout ratio is 29.83%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on MOS. Oppenheimer set a $40.00 price objective on Mosaic in a report on Wednesday. Wall Street Zen downgraded shares of Mosaic from a “buy” rating to a “hold” rating in a research note on Saturday, September 13th. JPMorgan Chase & Co. boosted their price target on shares of Mosaic from $35.00 to $37.00 and gave the company an “overweight” rating in a report on Monday, August 11th. Royal Bank Of Canada downgraded shares of Mosaic from an “outperform” rating to a “sector perform” rating and set a $30.00 price objective for the company. in a report on Friday, October 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Mosaic in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, Mosaic currently has an average rating of “Moderate Buy” and an average price target of $35.23.

Mosaic Company 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.