The Mosaic Company $MOS Stock Holdings Lifted by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its position in The Mosaic Company (NYSE:MOS) by 3,182.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 706,399 shares of the basic materials company’s stock after buying an additional 684,878 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Mosaic were worth $17,017,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. CYBER HORNET ETFs LLC purchased a new position in Mosaic in the second quarter valued at about $31,000. MUFG Securities EMEA plc bought a new stake in shares of Mosaic during the 2nd quarter worth about $34,000. Geneos Wealth Management Inc. boosted its stake in shares of Mosaic by 169.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 601 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Mosaic by 57.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,135 shares of the basic materials company’s stock worth $39,000 after acquiring an additional 415 shares in the last quarter. Finally, Foster Dykema Cabot & Partners LLC boosted its stake in shares of Mosaic by 54.3% during the 3rd quarter. Foster Dykema Cabot & Partners LLC now owns 1,157 shares of the basic materials company’s stock worth $40,000 after acquiring an additional 407 shares in the last quarter. Hedge funds and other institutional investors own 77.54% of the company’s stock.

Mosaic Price Performance

Shares of NYSE:MOS opened at $21.92 on Thursday. The business has a 50 day moving average price of $24.76 and a 200 day moving average price of $25.72. The Mosaic Company has a twelve month low of $20.89 and a twelve month high of $38.23. The company has a market cap of $6.96 billion, a price-to-earnings ratio of 168.59, a PEG ratio of 1.91 and a beta of 0.79. The company has a quick ratio of 0.45, a current ratio of 1.25 and a debt-to-equity ratio of 0.36.

Mosaic (NYSE:MOS) last announced its earnings results on Monday, May 11th. The basic materials company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.15). The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.93 billion. Mosaic had a net margin of 0.36% and a return on equity of 4.66%. Mosaic’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.49 EPS. Research analysts predict that The Mosaic Company will post 1.11 earnings per share for the current year.

Mosaic Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms have recently issued reports on MOS. Mizuho decreased their price target on Mosaic from $27.00 to $24.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Bank of America downgraded Mosaic from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $33.00 to $30.00 in a research note on Friday, March 20th. UBS Group decreased their price target on Mosaic from $27.00 to $23.00 and set a “neutral” rating for the company in a research note on Tuesday, May 12th. The Goldman Sachs Group decreased their price target on Mosaic from $31.00 to $28.00 and set a “buy” rating for the company in a research note on Tuesday, May 12th. Finally, Scotiabank reiterated an “outperform” rating and set a $30.00 price target on shares of Mosaic in a research note on Tuesday. Five investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $27.44.

Mosaic 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.