Horizon Investments LLC Has $122,000 Stock Position in The Mosaic Company $MOS

Horizon Investments LLC lowered its position in shares of The Mosaic Company (NYSE:MOS) by 89.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 5,067 shares of the basic materials company’s stock after selling 42,591 shares during the period. Horizon Investments LLC’s holdings in Mosaic were worth $122,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of MOS. Geneos Wealth Management Inc. lifted its holdings in shares of Mosaic by 169.3% during the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock worth $26,000 after buying an additional 601 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Mosaic during the second quarter worth $31,000. MUFG Securities EMEA plc acquired a new stake in shares of Mosaic during the second quarter worth $34,000. Torren Management LLC acquired a new stake in shares of Mosaic during the fourth quarter worth $35,000. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Mosaic by 57.6% during the third quarter. Smartleaf Asset Management LLC now owns 1,135 shares of the basic materials company’s stock worth $39,000 after buying an additional 415 shares in the last quarter. Institutional investors and hedge funds own 77.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on MOS shares. Canadian Imperial Bank of Commerce dropped their target price on Mosaic from $32.00 to $27.00 and set a “neutral” rating for the company in a report on Thursday, April 30th. UBS Group downgraded Mosaic from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $33.00 to $27.00 in a report on Thursday, March 26th. Mizuho dropped their target price on Mosaic from $30.00 to $27.00 and set a “neutral” rating for the company in a report on Wednesday, April 15th. Royal Bank Of Canada set a $28.00 target price on Mosaic and gave the stock a “sector perform” rating in a report on Tuesday, April 7th. Finally, Freedom Capital downgraded Mosaic from a “hold” rating to a “strong sell” rating in a report on Thursday, March 19th. Four research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $29.31.

Mosaic Stock Up 0.1%

Shares of NYSE MOS opened at $22.21 on Monday. 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 company has a market cap of $7.05 billion, a price-to-earnings ratio of 13.14, a PEG ratio of 1.33 and a beta of 0.79. The Mosaic Company has a 12 month low of $22.17 and a 12 month high of $38.23. The stock has a 50-day moving average price of $25.63 and a two-hundred day moving average price of $26.17.

Mosaic (NYSE:MOS) last issued its 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). 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 firm’s revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.45 EPS. As a group, analysts forecast that The Mosaic Company will post 1.56 earnings per share for the current fiscal year.

Mosaic Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Thursday, May 21st will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $0.88 annualized dividend and a yield of 4.0%. Mosaic’s payout ratio is presently 52.07%.

About Mosaic

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.