The Mosaic Company $MOS Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC cut its position in shares of The Mosaic Company (NYSE:MOS) by 36.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 86,526 shares of the basic materials company’s stock after selling 48,797 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Mosaic were worth $2,179,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. NewEdge Advisors LLC increased its holdings in Mosaic by 27.8% in the 1st quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock valued at $47,000 after purchasing an additional 380 shares in the last quarter. Foster Dykema Cabot & Partners LLC boosted its position in shares of Mosaic by 54.3% in the third quarter. Foster Dykema Cabot & Partners LLC now owns 1,157 shares of the basic materials company’s stock worth $40,000 after buying an additional 407 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of Mosaic by 57.6% in the third quarter. Smartleaf Asset Management LLC now owns 1,135 shares of the basic materials company’s stock valued at $39,000 after buying an additional 415 shares in the last quarter. Pinnacle Associates Ltd. grew its stake in shares of Mosaic by 0.9% in the third quarter. Pinnacle Associates Ltd. now owns 47,593 shares of the basic materials company’s stock valued at $1,651,000 after buying an additional 432 shares in the last quarter. Finally, Exchange Traded Concepts LLC raised its holdings in shares of Mosaic by 11.5% during the 3rd quarter. Exchange Traded Concepts LLC now owns 4,300 shares of the basic materials company’s stock valued at $149,000 after buying an additional 444 shares during the period. 77.54% of the stock is owned by institutional investors and hedge funds.

Mosaic Stock Down 1.5%

MOS stock opened at $26.14 on Friday. The stock has a market cap of $8.30 billion, a PE ratio of 15.47, a price-to-earnings-growth ratio of 2.70 and a beta of 0.95. The firm’s 50-day simple moving average is $27.72 and its 200 day simple moving average is $27.71. The Mosaic Company has a fifty-two week low of $22.36 and a fifty-two week high of $38.23. The company has a quick ratio of 0.47, a current ratio of 1.32 and a debt-to-equity ratio of 0.35.

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

Mosaic Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Thursday, May 21st will be given a $0.22 dividend. The ex-dividend date is Thursday, May 21st. This represents a $0.88 annualized dividend and a yield of 3.4%. Mosaic’s payout ratio is 52.07%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Freedom Capital lowered Mosaic from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 19th. Canadian Imperial Bank of Commerce raised their price objective on Mosaic from $29.00 to $32.00 and gave the company a “neutral” rating in a research note on Tuesday, March 17th. Wells Fargo & Company cut their target price on Mosaic from $28.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Friday, January 23rd. Royal Bank Of Canada reduced their target price on Mosaic from $29.00 to $28.00 and set a “sector perform” rating for the company in a research note on Thursday, February 26th. Finally, Weiss Ratings upgraded shares of Mosaic from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, March 20th. Four equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $30.27.

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.