The Mosaic Company (NYSE:MOS) Shares Sold by Goehring & Rozencwajg Associates LLC

Goehring & Rozencwajg Associates LLC reduced its holdings in shares of The Mosaic Company (NYSE:MOS) by 4.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 451,979 shares of the basic materials company’s stock after selling 20,078 shares during the period. Mosaic makes up 2.2% of Goehring & Rozencwajg Associates LLC’s holdings, making the stock its 17th largest position. Goehring & Rozencwajg Associates LLC owned approximately 0.14% of Mosaic worth $10,974,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Creative Planning grew its position in Mosaic by 46.5% during the 2nd quarter. Creative Planning now owns 24,487 shares of the basic materials company’s stock worth $708,000 after purchasing an additional 7,772 shares during the period. Truist Financial Corp raised its holdings in shares of Mosaic by 39.9% during the second quarter. Truist Financial Corp now owns 14,553 shares of the basic materials company’s stock valued at $421,000 after acquiring an additional 4,152 shares during the last quarter. Czech National Bank lifted its position in shares of Mosaic by 6.0% in the third quarter. Czech National Bank now owns 64,909 shares of the basic materials company’s stock valued at $1,738,000 after acquiring an additional 3,664 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Mosaic by 5.8% in the third quarter. GAMMA Investing LLC now owns 9,498 shares of the basic materials company’s stock worth $254,000 after acquiring an additional 517 shares during the last quarter. Finally, CWM LLC increased its position in shares of Mosaic by 41.2% during the third quarter. CWM LLC now owns 16,738 shares of the basic materials company’s stock worth $448,000 after purchasing an additional 4,888 shares in the last quarter. 77.54% of the stock is currently owned by hedge funds and other institutional investors.

Mosaic Stock Up 1.3 %

Shares of MOS opened at $26.84 on Friday. The company’s 50-day moving average price is $26.16 and its 200 day moving average price is $26.67. The firm has a market cap of $8.52 billion, a P/E ratio of 23.75, a price-to-earnings-growth ratio of 1.49 and a beta of 1.34. The Mosaic Company has a 12-month low of $23.56 and a 12-month high of $33.44. The company has a current ratio of 1.19, a quick ratio of 0.49 and a debt-to-equity ratio of 0.27.

Mosaic (NYSE:MOS) last issued its quarterly earnings results on Tuesday, November 12th. The basic materials company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.24). The business had revenue of $2.81 billion for the quarter, compared to analyst estimates of $3.17 billion. Mosaic had a return on equity of 6.00% and a net margin of 3.24%. The firm’s revenue for the quarter was down 20.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.68 EPS. On average, sell-side analysts forecast that The Mosaic Company will post 2.04 earnings per share for the current year.

Mosaic Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be issued a $0.22 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This is a positive change from Mosaic’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a yield of 3.28%. Mosaic’s dividend payout ratio (DPR) is 74.34%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on MOS shares. Morgan Stanley decreased their price objective on Mosaic from $40.00 to $30.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. CIBC started coverage on Mosaic in a research report on Tuesday, December 10th. They issued a “neutral” rating and a $55.00 price target for the company. Piper Sandler lifted their price objective on Mosaic from $30.00 to $33.00 and gave the stock a “neutral” rating in a research report on Monday, January 27th. Oppenheimer began coverage on Mosaic in a research note on Thursday, December 12th. They issued a “market perform” rating for the company. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $30.00 price target on shares of Mosaic in a report on Thursday, November 14th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $33.80.

About Mosaic

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.