Savant Capital LLC Decreases Position in The Mosaic Company $MOS

Savant Capital LLC trimmed its stake in The Mosaic Company (NYSE:MOS) by 80.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,512 shares of the basic materials company’s stock after selling 68,155 shares during the quarter. Savant Capital LLC’s holdings in Mosaic were worth $398,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in MOS. NewEdge Advisors LLC raised its holdings in shares of Mosaic by 27.8% in the first quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock worth $47,000 after acquiring an additional 380 shares during the last quarter. United Services Automobile Association acquired a new position in Mosaic in the first quarter valued at $201,000. Empowered Funds LLC increased its stake in Mosaic by 170.5% during the first quarter. Empowered Funds LLC now owns 54,176 shares of the basic materials company’s stock worth $1,463,000 after acquiring an additional 34,151 shares during the last quarter. Woodline Partners LP increased its stake in Mosaic by 40.7% during the first quarter. Woodline Partners LP now owns 26,836 shares of the basic materials company’s stock worth $725,000 after acquiring an additional 7,760 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in Mosaic by 169.3% during the first 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 during the last quarter. 77.54% of the stock is owned by institutional investors and hedge funds.

Mosaic Price Performance

Shares of NYSE MOS opened at $22.27 on Friday. The Mosaic Company has a 1-year low of $20.89 and a 1-year high of $38.23. The business has a 50-day moving average of $23.77 and a 200-day moving average of $25.47. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 0.45. The company has a market capitalization of $7.07 billion, a price-to-earnings ratio of 171.31, a PEG ratio of 2.71 and a beta of 0.79.

Mosaic (NYSE:MOS) last issued 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). Mosaic had a return on equity of 4.66% and a net margin of 0.36%.The company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.93 billion. During the same period in the previous year, the company earned $0.49 EPS. Mosaic’s quarterly revenue was up 14.4% on a year-over-year basis. On average, equities analysts anticipate that The Mosaic Company will post 0.83 EPS for the current fiscal year.

Analysts Set New Price Targets

MOS has been the subject of several research analyst reports. BMO Capital Markets dropped their price target on Mosaic from $35.00 to $31.00 and set an “outperform” rating for the company in a research note on Thursday, May 21st. Weiss Ratings downgraded shares of Mosaic from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, May 12th. The Goldman Sachs Group cut their target price on shares of Mosaic from $31.00 to $28.00 and set a “buy” rating on the stock in a research note on Tuesday, May 12th. Wall Street Zen downgraded Mosaic from a “hold” rating to a “sell” rating in a report on Saturday, March 7th. Finally, JPMorgan Chase & Co. cut their price objective on Mosaic from $24.00 to $19.00 and set an “underweight” rating on the stock in a research report on Tuesday, May 12th. Six analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $27.47.

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.