Sicart Associates LLC Boosts Holdings in The Mosaic Company $MOS

Sicart Associates LLC increased its stake in shares of The Mosaic Company (NYSE:MOS) by 96.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 183,418 shares of the basic materials company’s stock after acquiring an additional 89,978 shares during the quarter. Sicart Associates LLC owned about 0.06% of Mosaic worth $4,677,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. CYBER HORNET ETFs LLC purchased a new position in shares of Mosaic during the second quarter worth about $31,000. MUFG Securities EMEA plc purchased a new stake in shares of Mosaic in the 2nd quarter valued at about $34,000. Geneos Wealth Management Inc. boosted its position in shares of Mosaic by 169.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 601 shares during the period. Foster Dykema Cabot & Partners LLC boosted its position in shares of Mosaic by 54.3% in the 3rd quarter. Foster Dykema Cabot & Partners LLC now owns 1,157 shares of the basic materials company’s stock valued at $40,000 after purchasing an additional 407 shares during the period. Finally, Gen Wealth Partners Inc purchased a new position in Mosaic during the 4th quarter worth approximately $32,000. 77.54% of the stock is owned by hedge funds and other institutional investors.

Mosaic Stock Up 3.0%

MOS opened at $22.38 on Friday. The Mosaic Company has a 52 week low of $19.80 and a 52 week high of $38.23. The business has a 50 day moving average price of $22.69 and a two-hundred day moving average price of $25.21. The company has a quick ratio of 0.45, a current ratio of 1.25 and a debt-to-equity ratio of 0.36. The company has a market cap of $7.11 billion, a PE ratio of 172.17, a P/E/G ratio of 2.57 and a beta of 0.79.

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 company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.93 billion. Mosaic had a net margin of 0.36% and a return on equity of 4.66%. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.49 earnings per share. As a group, research analysts anticipate that The Mosaic Company will post 0.83 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on MOS shares. Freedom Capital raised Mosaic from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, June 17th. Wells Fargo & Company decreased their price objective on Mosaic from $25.00 to $22.00 and set an “equal weight” rating for the company in a report on Thursday, May 14th. BNP Paribas Exane lowered their target price on shares of Mosaic from $30.00 to $29.00 and set an “outperform” rating on the stock in a research report on Monday, June 15th. 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 report on Tuesday, May 12th. Finally, Barclays reduced their price target on shares of Mosaic from $31.00 to $26.00 and set an “equal weight” rating for the company in a research report on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, Mosaic presently has a consensus rating of “Hold” and a consensus target price of $27.39.

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.