1,380,833 Shares in The Mosaic Company $MOS Acquired by Randolph Co Inc

Randolph Co Inc purchased a new position in shares of The Mosaic Company (NYSE:MOS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,380,833 shares of the basic materials company’s stock, valued at approximately $33,264,000. Mosaic makes up 3.2% of Randolph Co Inc’s holdings, making the stock its 12th biggest holding. Randolph Co Inc owned about 0.44% of Mosaic at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in MOS. NewEdge Advisors LLC grew its position in Mosaic by 27.8% during the first quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock worth $47,000 after buying an additional 380 shares in the last quarter. United Services Automobile Association acquired a new stake in Mosaic during the first quarter worth approximately $201,000. Empowered Funds LLC grew its position in Mosaic by 170.5% during the first quarter. Empowered Funds LLC now owns 54,176 shares of the basic materials company’s stock worth $1,463,000 after buying an additional 34,151 shares in the last quarter. Woodline Partners LP grew its position in Mosaic by 40.7% during the first quarter. Woodline Partners LP now owns 26,836 shares of the basic materials company’s stock worth $725,000 after buying an additional 7,760 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its position in 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. Institutional investors and hedge funds own 77.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on MOS shares. Wall Street Zen downgraded Mosaic from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. Berenberg Bank reduced their target price on Mosaic from $28.00 to $27.00 and set a “hold” rating on the stock in a report on Tuesday, May 19th. BNP Paribas Exane reduced their target price on Mosaic from $33.00 to $30.00 and set an “outperform” rating on the stock in a report on Wednesday, May 27th. UBS Group reduced their target price on Mosaic from $27.00 to $23.00 and set a “neutral” rating on the stock in a report on Tuesday, May 12th. Finally, Morgan Stanley reduced their target price on Mosaic from $35.00 to $28.00 and set an “equal weight” rating on the stock in a report on Thursday, February 26th. 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. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $27.47.

Mosaic Trading Down 1.6%

Shares of MOS stock opened at $22.93 on Friday. The stock’s fifty day moving average price is $23.85 and its two-hundred day moving average price is $25.49. The company has a market cap of $7.28 billion, a PE ratio of 176.36, a P/E/G ratio of 2.76 and a beta of 0.79. The Mosaic Company has a fifty-two week low of $20.89 and a fifty-two week high of $38.23. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.45 and a current ratio of 1.25.

Mosaic (NYSE:MOS) last issued its earnings results on Monday, May 11th. The basic materials company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.15). Mosaic had a net margin of 0.36% and a return on equity of 4.66%. The business had revenue of $3 billion during the quarter, compared to analyst estimates of $2.93 billion. During the same period in the prior year, the business posted $0.49 EPS. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. Equities analysts predict that The Mosaic Company will post 0.83 EPS for the current fiscal 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.