Xponance Inc. Has $2.16 Million Stock Position in The Mosaic Company $MOS

Xponance Inc. lowered its position in The Mosaic Company (NYSE:MOS) by 29.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 62,392 shares of the basic materials company’s stock after selling 26,123 shares during the quarter. Xponance Inc.’s holdings in Mosaic were worth $2,164,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. First Horizon Advisors Inc. boosted its stake in Mosaic by 172.5% during the second quarter. First Horizon Advisors Inc. now owns 684 shares of the basic materials company’s stock worth $25,000 after buying an additional 433 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of 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 during the period. Rothschild Investment LLC lifted its holdings in shares of Mosaic by 650.0% during the 2nd quarter. Rothschild Investment LLC now owns 750 shares of the basic materials company’s stock worth $27,000 after acquiring an additional 650 shares during the period. Rexford Capital Inc. acquired a new stake in shares of Mosaic during the 2nd quarter valued at about $28,000. Finally, True Wealth Design LLC increased its stake in Mosaic by 1,819.0% in the third quarter. True Wealth Design LLC now owns 806 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 764 shares during the period. 77.54% of the stock is currently owned by institutional investors.

Mosaic Stock Performance

Shares of NYSE:MOS opened at $27.50 on Tuesday. The company has a current ratio of 1.32, a quick ratio of 0.47 and a debt-to-equity ratio of 0.35. The Mosaic Company has a 1-year low of $22.36 and a 1-year high of $38.23. The stock has a market capitalization of $8.73 billion, a P/E ratio of 16.27, a P/E/G ratio of 1.40 and a beta of 0.95. The business has a 50-day moving average price of $27.28 and a two-hundred day moving average price of $28.67.

Mosaic (NYSE:MOS) last issued its quarterly earnings results on Tuesday, February 24th. The basic materials company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.26). Mosaic had a return on equity of 5.80% and a net margin of 4.49%.The business had revenue of $2.97 billion for the quarter, compared to analyst estimates of $3.02 billion. During the same quarter in the prior year, the firm earned $0.45 EPS. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. Equities analysts predict that The Mosaic Company will post 2.04 earnings per share for the current year.

Mosaic Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Monday, March 9th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Monday, March 9th. Mosaic’s dividend payout ratio (DPR) is currently 52.07%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on MOS shares. Wolfe Research dropped their target price on Mosaic from $37.00 to $36.00 and set an “outperform” rating for the company in a report on Thursday, February 26th. Oppenheimer set a $35.00 target price on Mosaic in a report on Friday, January 16th. Scotiabank decreased their price target on Mosaic from $36.00 to $35.00 and set a “sector outperform” rating on the stock in a research report on Monday. The Goldman Sachs Group boosted their price objective on Mosaic from $30.00 to $32.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Finally, Bank of America lowered their target price on Mosaic from $39.00 to $33.00 and set a “buy” rating for the company in a research note on Thursday, January 8th. Seven investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $30.94.

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.