UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Position in The Mosaic Company $MOS

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in The Mosaic Company (NYSE:MOS) by 9.4% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,003,763 shares of the basic materials company’s stock after buying an additional 86,170 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Mosaic were worth $21,270,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Geneos Wealth Management Inc. raised its holdings in shares of Mosaic by 169.3% during the first 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 last quarter. CYBER HORNET ETFs LLC purchased a new stake in Mosaic in the second quarter worth approximately $31,000. Gen Wealth Partners Inc purchased a new stake in Mosaic in the fourth quarter worth approximately $32,000. SJS Investment Consulting Inc. grew its position in Mosaic by 72.9% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,245 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 525 shares during the period. Finally, MUFG Securities EMEA plc purchased a new stake in Mosaic during the 2nd quarter valued at $34,000. Hedge funds and other institutional investors own 77.54% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on MOS shares. Weiss Ratings reissued a “sell (d)” rating on shares of Mosaic in a report on Friday, August 7th. JPMorgan Chase & Co. lowered their target price on Mosaic from $24.00 to $19.00 and set an “underweight” rating on the stock in a report on Tuesday, May 12th. UBS Group dropped their target price on Mosaic from $27.00 to $23.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 12th. Rothschild & Co Redburn began coverage on Mosaic in a research note on Friday, June 26th. They set a “buy” rating and a $30.00 price target for the company. Finally, Morgan Stanley reduced their price target on shares of Mosaic from $28.00 to $26.00 and set an “equal weight” rating for the company in a research report on Tuesday, June 30th. Seven research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $27.17.

Insider Buying and Selling

In other Mosaic news, SVP Walter Precourt, III sold 23,000 shares of Mosaic stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $22.12, for a total transaction of $508,760.00. Following the transaction, the senior vice president owned 116,198 shares of the company’s stock, valued at $2,570,299.76. The trade was a 16.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.31% of the company’s stock.

Mosaic Price Performance

NYSE MOS opened at $25.83 on Friday. The company has a market capitalization of $8.21 billion, a PE ratio of -12.79, a price-to-earnings-growth ratio of 4.61 and a beta of 0.83. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.43 and a current ratio of 1.34. The business’s fifty day moving average is $22.72 and its 200 day moving average is $23.95. The Mosaic Company has a fifty-two week low of $19.80 and a fifty-two week high of $36.99.

Mosaic (NYSE:MOS) last posted its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.12 by $0.01. Mosaic had a positive return on equity of 3.77% and a negative net margin of 5.21%.The firm had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter last year, the company earned $0.51 earnings per share. The business’s revenue for the quarter was down 6.0% compared to the same quarter last year. Sell-side analysts predict that The Mosaic Company will post 0.54 earnings per share for the current year.

Mosaic Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be paid a dividend of $0.22 per share. The ex-dividend date is Thursday, September 10th. This represents a $0.88 dividend on an annualized basis and a yield of 3.4%. Mosaic’s dividend payout ratio (DPR) is presently -43.56%.

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.