Randolph Co Inc Takes Position in The Mosaic Company $MOS

Randolph Co Inc purchased a new stake in The Mosaic Company (NYSE:MOS) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 1,380,833 shares of the basic materials company’s stock, valued at approximately $33,264,000. Mosaic comprises about 3.2% of Randolph Co Inc’s portfolio, making the stock its 12th biggest position.

A number of other large investors also recently modified their holdings of the company. Daiwa Securities Group Inc. lifted its stake in shares of Mosaic by 6.3% in the 4th quarter. Daiwa Securities Group Inc. now owns 24,392 shares of the basic materials company’s stock valued at $588,000 after acquiring an additional 1,442 shares during the last quarter. TD Asset Management Inc lifted its stake in shares of Mosaic by 2.8% in the 4th quarter. TD Asset Management Inc now owns 368,079 shares of the basic materials company’s stock valued at $8,867,000 after acquiring an additional 10,116 shares during the last quarter. Cibc World Market Inc. lifted its stake in shares of Mosaic by 12.7% in the 4th quarter. Cibc World Market Inc. now owns 34,135 shares of the basic materials company’s stock valued at $822,000 after acquiring an additional 3,853 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in shares of Mosaic by 63.1% in the 4th quarter. Sivia Capital Partners LLC now owns 13,459 shares of the basic materials company’s stock valued at $324,000 after acquiring an additional 5,205 shares during the last quarter. Finally, CIBC Asset Management Inc lifted its stake in shares of Mosaic by 75.2% in the 4th quarter. CIBC Asset Management Inc now owns 70,751 shares of the basic materials company’s stock valued at $1,704,000 after acquiring an additional 30,359 shares during the last quarter. 77.54% of the stock is currently owned by institutional investors.

Mosaic Stock Down 1.6%

Shares of NYSE:MOS opened at $22.93 on Friday. The firm has a market cap of $7.28 billion, a P/E ratio of 176.36, a P/E/G ratio of 2.76 and a beta of 0.79. 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 Mosaic Company has a 12-month low of $20.89 and a 12-month high of $38.23. The business has a fifty day simple moving average of $23.85 and a 200 day simple moving average of $25.49.

Mosaic (NYSE:MOS) last posted its quarterly earnings data 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). Mosaic had a return on equity of 4.66% and a net margin of 0.36%.The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.93 billion. During the same period last year, the business posted $0.49 earnings per share. The business’s revenue was up 14.4% on a year-over-year basis. Analysts predict that The Mosaic Company will post 0.83 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Wolfe Research lowered their target price on Mosaic from $37.00 to $36.00 and set an “outperform” rating for the company in a research report on Thursday, February 26th. Morgan Stanley lowered their target price on Mosaic from $35.00 to $28.00 and set an “equal weight” rating for the company in a research report on Thursday, February 26th. UBS Group lowered their target price on Mosaic from $27.00 to $23.00 and set a “neutral” rating for the company in a research report on Tuesday, May 12th. Barclays lowered their target price on Mosaic from $31.00 to $26.00 and set an “equal weight” rating for the company in a research report on Monday, May 18th. Finally, Scotiabank reaffirmed an “outperform” rating and set a $30.00 target price on shares of Mosaic in a research report on Tuesday, May 19th. Six investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $27.47.

Mosaic Company Profile

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.