Live Oak Private Wealth LLC Has $5.49 Million Stock Holdings in The Mosaic Company $MOS

Live Oak Private Wealth LLC grew its stake in shares of The Mosaic Company (NYSE:MOS) by 12.8% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 215,211 shares of the basic materials company’s stock after acquiring an additional 24,401 shares during the quarter. Live Oak Private Wealth LLC owned about 0.07% of Mosaic worth $5,488,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Cidel Asset Management Inc. raised its stake in Mosaic by 19.1% in the first quarter. Cidel Asset Management Inc. now owns 10,813 shares of the basic materials company’s stock valued at $276,000 after purchasing an additional 1,736 shares in the last quarter. Evolve Private Wealth LLC acquired a new stake in Mosaic during the first quarter worth about $209,000. Diversified Trust Co bought a new position in Mosaic in the 1st quarter valued at about $311,000. Rockefeller Capital Management L.P. increased its holdings in Mosaic by 57.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 31,065 shares of the basic materials company’s stock valued at $748,000 after buying an additional 11,382 shares during the period. Finally, Corient Private Wealth LLC raised its position in shares of Mosaic by 126.3% in the 4th quarter. Corient Private Wealth LLC now owns 32,712 shares of the basic materials company’s stock valued at $788,000 after buying an additional 18,258 shares in the last quarter. 77.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on MOS. Weiss Ratings downgraded shares of Mosaic from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, May 12th. Scotiabank restated an “outperform” rating and set a $30.00 price objective on shares of Mosaic in a research report on Tuesday, May 19th. BNP Paribas Exane cut their target price on Mosaic from $30.00 to $29.00 and set an “outperform” rating for the company in a research note on Monday, June 15th. Mizuho reduced their target price on Mosaic from $27.00 to $24.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Finally, UBS Group decreased their price target on Mosaic from $27.00 to $23.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Mosaic has a consensus rating of “Hold” and an average price target of $27.24.

Mosaic Stock Performance

NYSE:MOS opened at $20.87 on Thursday. The stock’s 50-day moving average is $22.77 and its 200-day moving average is $25.24. The Mosaic Company has a 1-year low of $19.80 and a 1-year high of $38.23. The company has a current ratio of 1.25, a quick ratio of 0.45 and a debt-to-equity ratio of 0.36. The stock has a market cap of $6.63 billion, a P/E ratio of 160.57, a price-to-earnings-growth ratio of 2.51 and a beta of 0.79.

Mosaic (NYSE:MOS) last issued its quarterly earnings data on Monday, May 11th. The basic materials company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.15). Mosaic had a net margin of 0.36% and a return on equity of 4.66%. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.93 billion. During the same quarter last year, the business earned $0.49 EPS. The firm’s quarterly revenue was up 14.4% compared to the same quarter last year. Equities research analysts anticipate that The Mosaic Company will post 0.83 earnings per share for the current year.

Mosaic 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.