The Mosaic Company $MOS Shares Sold by GMT Capital Corp

GMT Capital Corp trimmed its position in shares of The Mosaic Company (NYSE:MOS) by 58.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 945,600 shares of the basic materials company’s stock after selling 1,332,700 shares during the period. Mosaic makes up 1.2% of GMT Capital Corp’s portfolio, making the stock its 15th biggest position. GMT Capital Corp owned 0.30% of Mosaic worth $22,780,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in MOS. Geneos Wealth Management Inc. grew its holdings in Mosaic by 169.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 601 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new position in Mosaic during the 2nd quarter worth $31,000. Gen Wealth Partners Inc acquired a new position in Mosaic during the 4th quarter worth $32,000. MUFG Securities EMEA plc acquired a new position in Mosaic during the 2nd quarter worth $34,000. Finally, Los Angeles Capital Management LLC acquired a new position in Mosaic during the 4th quarter worth $34,000. 77.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MOS has been the subject of several recent analyst reports. Wells Fargo & Company decreased their price objective on shares of Mosaic from $25.00 to $22.00 and set an “equal weight” rating for the company in a report on Thursday, May 14th. Canadian Imperial Bank of Commerce set a $25.00 price objective on shares of Mosaic in a report on Tuesday, May 12th. Berenberg Bank decreased their price objective on shares of Mosaic from $28.00 to $27.00 and set a “hold” rating for the company in a report on Tuesday, May 19th. The Goldman Sachs Group decreased their price objective on shares of Mosaic from $31.00 to $28.00 and set a “buy” rating for the company in a report on Tuesday, May 12th. Finally, Barclays decreased their price objective on shares of Mosaic from $31.00 to $26.00 and set an “equal weight” rating for the company in a report on Monday, May 18th. Six analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $27.47.

Mosaic Trading Up 7.6%

Shares of NYSE:MOS opened at $22.69 on Friday. The company has a market cap of $7.20 billion, a PE ratio of 174.55, a P/E/G ratio of 2.68 and a beta of 0.79. The company’s 50-day moving average price is $23.36 and its 200 day moving average price is $25.36. The Mosaic Company has a fifty-two week low of $19.80 and a fifty-two week high of $38.23. The company has a quick ratio of 0.45, a current ratio of 1.25 and a debt-to-equity ratio of 0.36.

Mosaic (NYSE:MOS) last issued 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). The firm had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.93 billion. Mosaic had a net margin of 0.36% and a return on equity of 4.66%. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.49 earnings per share. Sell-side analysts anticipate that The Mosaic Company will post 0.83 earnings per share for the current year.

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.