Goehring & Rozencwajg Associates LLC Grows Stock Holdings in The Mosaic Company $MOS

Goehring & Rozencwajg Associates LLC grew its holdings in The Mosaic Company (NYSE:MOS) by 5.3% during the fourth quarter, HoldingsChannel reports. The firm owned 451,046 shares of the basic materials company’s stock after acquiring an additional 22,836 shares during the period. Goehring & Rozencwajg Associates LLC’s holdings in Mosaic were worth $10,866,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. lifted its stake in Mosaic by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 39,123,171 shares of the basic materials company’s stock worth $942,477,000 after purchasing an additional 461,524 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Mosaic by 6.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 13,407,136 shares of the basic materials company’s stock worth $322,979,000 after purchasing an additional 830,985 shares in the last quarter. State Street Corp lifted its stake in Mosaic by 2.0% in the 2nd quarter. State Street Corp now owns 13,056,284 shares of the basic materials company’s stock worth $476,293,000 after purchasing an additional 251,496 shares in the last quarter. Invesco Ltd. lifted its stake in Mosaic by 3.7% in the 3rd quarter. Invesco Ltd. now owns 9,186,429 shares of the basic materials company’s stock worth $318,585,000 after purchasing an additional 331,739 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in Mosaic by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 8,479,395 shares of the basic materials company’s stock worth $203,916,000 after purchasing an additional 63,822 shares in the last quarter. 77.54% of the stock is owned by hedge funds and other institutional investors.

Mosaic Stock Up 7.6%

MOS stock opened at $22.69 on Friday. The firm has a market cap of $7.20 billion, a PE ratio of 174.55, a PEG ratio of 2.50 and a beta of 0.79. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.45 and a current ratio of 1.25. The firm’s 50 day moving average price is $23.36 and its 200-day moving average price is $25.36. The Mosaic Company has a one year low of $19.80 and a one year high of $38.23.

Mosaic (NYSE:MOS) last posted its earnings results 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 net margin of 0.36% and a return on equity of 4.66%. The company had revenue of $3 billion during the quarter, compared to analyst estimates of $2.93 billion. During the same quarter last year, the business posted $0.49 EPS. The firm’s revenue for the quarter was up 14.4% on a year-over-year basis. On average, equities research analysts anticipate that The Mosaic Company will post 0.83 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on MOS shares. UBS Group reduced their price target on shares of Mosaic from $27.00 to $23.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 12th. Bank of America lowered shares of Mosaic from a “buy” rating to a “neutral” rating and reduced their price target for the company from $33.00 to $30.00 in a research report on Friday, March 20th. Mizuho reduced their price target on shares of Mosaic from $27.00 to $24.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. JPMorgan Chase & Co. reduced their price target on shares of Mosaic from $24.00 to $19.00 and set an “underweight” rating on the stock in a research report on Tuesday, May 12th. Finally, Morgan Stanley reduced their price target on shares of Mosaic from $35.00 to $28.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 26th. Six analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $27.47.

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.