U.S. Capital Wealth Advisors LLC Sells 1,825 Shares of The Mosaic Company (NYSE:MOS)

U.S. Capital Wealth Advisors LLC reduced its stake in The Mosaic Company (NYSE:MOS) by 5.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,964 shares of the basic materials company’s stock after selling 1,825 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Mosaic were worth $1,249,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in MOS. Exchange Traded Concepts LLC boosted its position in shares of Mosaic by 526.1% in the 3rd quarter. Exchange Traded Concepts LLC now owns 1,534 shares of the basic materials company’s stock worth $55,000 after purchasing an additional 1,289 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in Mosaic by 29.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 94,382 shares of the basic materials company’s stock valued at $3,360,000 after acquiring an additional 21,706 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its position in Mosaic by 91.4% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 62,092 shares of the basic materials company’s stock valued at $2,210,000 after acquiring an additional 29,644 shares in the last quarter. Xponance Inc. lifted its position in Mosaic by 1.9% in the 3rd quarter. Xponance Inc. now owns 45,045 shares of the basic materials company’s stock valued at $1,604,000 after acquiring an additional 827 shares in the last quarter. Finally, Mackenzie Financial Corp lifted its position in Mosaic by 0.4% in the 3rd quarter. Mackenzie Financial Corp now owns 1,709,978 shares of the basic materials company’s stock valued at $58,122,000 after acquiring an additional 7,378 shares in the last quarter. 77.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

MOS has been the topic of several analyst reports. Wells Fargo & Company upped their price objective on Mosaic from $34.00 to $35.00 and gave the company an “equal weight” rating in a research report on Friday, February 23rd. Wolfe Research started coverage on shares of Mosaic in a research note on Friday, March 1st. They set an “outperform” rating and a $39.00 target price for the company. Piper Sandler lowered shares of Mosaic from a “neutral” rating to an “underweight” rating and decreased their target price for the company from $42.00 to $32.00 in a research note on Thursday, February 29th. Mizuho decreased their target price on shares of Mosaic from $34.00 to $33.00 and set a “neutral” rating for the company in a research note on Friday. Finally, The Goldman Sachs Group reduced their price objective on Mosaic from $54.00 to $48.00 and set a “buy” rating for the company in a research note on Thursday, February 1st. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Mosaic presently has a consensus rating of “Hold” and a consensus target price of $39.14.

Mosaic Trading Up 0.7 %

Shares of Mosaic stock opened at $28.89 on Monday. The company has a market capitalization of $9.29 billion, a P/E ratio of 12.20 and a beta of 1.51. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.51 and a current ratio of 1.16. The company has a fifty day moving average of $31.41 and a 200 day moving average of $33.02. The Mosaic Company has a fifty-two week low of $27.83 and a fifty-two week high of $42.81.

Mosaic (NYSE:MOS) last released its quarterly earnings data on Wednesday, May 1st. The basic materials company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.01). Mosaic had a net margin of 6.07% and a return on equity of 8.23%. The company had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.88 billion. During the same period last year, the company earned $1.14 EPS. The firm’s revenue for the quarter was down 25.7% on a year-over-year basis. On average, sell-side analysts anticipate that The Mosaic Company will post 2.78 earnings per share for the current fiscal year.

Mosaic Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Shareholders of record on Thursday, June 6th will be issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 2.91%. The ex-dividend date of this dividend is Thursday, June 6th. Mosaic’s dividend payout ratio (DPR) is presently 35.74%.

Mosaic Company Profile

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.