The Mosaic Company $MOS Stake Cut by Sei Investments Co.

Sei Investments Co. lessened its holdings in The Mosaic Company (NYSE:MOS) by 17.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 573,958 shares of the basic materials company’s stock after selling 124,955 shares during the quarter. Sei Investments Co.’s holdings in Mosaic were worth $14,637,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in MOS. Thompson Siegel & Walmsley LLC boosted its position in Mosaic by 35.8% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 2,978,232 shares of the basic materials company’s stock valued at $71,746,000 after purchasing an additional 785,057 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Mosaic by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 39,123,171 shares of the basic materials company’s stock worth $942,477,000 after purchasing an additional 461,524 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Mosaic by 18.4% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 415,927 shares of the basic materials company’s stock worth $10,406,000 after purchasing an additional 64,687 shares in the last quarter. MH & Associates Securities Management Corp ADV bought a new stake in shares of Mosaic during the 4th quarter worth approximately $1,516,000. Finally, K.J. Harrison & Partners Inc acquired a new stake in shares of Mosaic in the 4th quarter valued at approximately $1,108,000. Institutional investors own 77.54% of the company’s stock.

Mosaic Price Performance

Mosaic stock opened at $22.82 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.45 and a current ratio of 1.25. The Mosaic Company has a 52 week low of $19.80 and a 52 week high of $36.99. The stock has a market capitalization of $7.24 billion, a P/E ratio of 175.52, a price-to-earnings-growth ratio of 3.05 and a beta of 0.82. The stock has a fifty day moving average of $22.20 and a 200-day moving average of $24.79.

Mosaic (NYSE:MOS) last released 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). 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 last year, the business earned $0.49 earnings per share. The business’s quarterly revenue was up 14.4% compared to the same quarter last year. On average, sell-side analysts expect that The Mosaic Company will post 0.73 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

MOS has been the topic of a number of recent analyst reports. Royal Bank Of Canada upgraded shares of Mosaic from a “sector perform” rating to an “outperform” rating and lowered their target price for the stock from $28.00 to $27.00 in a report on Wednesday, May 13th. Wall Street Zen lowered Mosaic from a “sell” rating to a “strong sell” rating in a report on Sunday, July 12th. BMO Capital Markets dropped their price target on Mosaic from $31.00 to $30.00 and set an “outperform” rating on the stock in a research note on Tuesday, June 30th. Weiss Ratings downgraded Mosaic from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, May 12th. Finally, Berenberg Bank reduced their price objective on shares of Mosaic from $28.00 to $27.00 and set a “hold” rating for the company in a research report on Tuesday, May 19th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $27.11.

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.