The Mosaic Company $MOS Stake Increased by SG Americas Securities LLC

SG Americas Securities LLC increased its holdings in The Mosaic Company (NYSE:MOS) by 61.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,992 shares of the basic materials company’s stock after acquiring an additional 32,232 shares during the period. SG Americas Securities LLC’s holdings in Mosaic were worth $2,948,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of MOS. HB Wealth Management LLC raised its stake in shares of Mosaic by 60.4% during the 3rd quarter. HB Wealth Management LLC now owns 11,076 shares of the basic materials company’s stock worth $384,000 after purchasing an additional 4,170 shares in the last quarter. Moran Wealth Management LLC grew its stake in shares of Mosaic by 9.5% in the 3rd quarter. Moran Wealth Management LLC now owns 30,913 shares of the basic materials company’s stock valued at $1,072,000 after buying an additional 2,681 shares in the last quarter. KLP Kapitalforvaltning AS increased its holdings in Mosaic by 1.3% in the third quarter. KLP Kapitalforvaltning AS now owns 76,800 shares of the basic materials company’s stock worth $2,663,000 after buying an additional 1,000 shares during the last quarter. Greenleaf Trust raised its position in Mosaic by 5.5% during the third quarter. Greenleaf Trust now owns 19,163 shares of the basic materials company’s stock valued at $665,000 after acquiring an additional 1,002 shares in the last quarter. Finally, D.A. Davidson & CO. bought a new position in Mosaic during the third quarter valued at approximately $701,000. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on MOS. Scotiabank lifted their price objective on shares of Mosaic from $34.00 to $36.00 and gave the company a “sector perform” rating in a research note on Monday, November 10th. BNP Paribas Exane reduced their price target on Mosaic from $43.00 to $35.00 and set an “outperform” rating for the company in a research report on Monday, November 24th. Wells Fargo & Company initiated coverage on Mosaic in a report on Tuesday, November 11th. They set an “equal weight” rating and a $28.00 price objective on the stock. Barclays cut their price objective on Mosaic from $35.00 to $31.00 and set an “overweight” rating on the stock in a research note on Tuesday, December 9th. Finally, Mizuho decreased their target price on Mosaic from $31.00 to $28.00 and set a “neutral” rating for the company in a research report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $31.50.

Mosaic Trading Down 1.0%

Mosaic stock opened at $25.72 on Tuesday. The business has a 50 day moving average price of $24.69 and a two-hundred day moving average price of $30.43. The company has a quick ratio of 0.40, a current ratio of 1.14 and a debt-to-equity ratio of 0.26. The Mosaic Company has a 12 month low of $22.36 and a 12 month high of $38.23. The stock has a market cap of $8.16 billion, a price-to-earnings ratio of 6.66, a price-to-earnings-growth ratio of 1.19 and a beta of 0.94.

Mosaic (NYSE:MOS) last announced its quarterly earnings data on Tuesday, November 4th. The basic materials company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.01. Mosaic had a net margin of 10.33% and a return on equity of 6.46%. The company had revenue of $3.45 billion during the quarter, compared to analysts’ expectations of $3.87 billion. During the same quarter in the prior year, the company posted $0.34 EPS. The business’s revenue was up 22.8% on a year-over-year basis. As a group, equities analysts forecast that The Mosaic Company will post 2.04 EPS for the current year.

Mosaic Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Monday, March 9th will be given a dividend of $0.22 per share. The ex-dividend date is Monday, March 9th. This represents a $0.88 dividend on an annualized basis and a yield of 3.4%. Mosaic’s dividend payout ratio is 22.80%.

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.