Butensky & Cohen Financial Security Inc. Reduces Position in The Mosaic Company $MOS

Butensky & Cohen Financial Security Inc. trimmed its holdings in shares of The Mosaic Company (NYSE:MOS) by 12.8% during the second quarter, Holdings Channel reports. The fund owned 151,721 shares of the basic materials company’s stock after selling 22,344 shares during the quarter. Butensky & Cohen Financial Security Inc.’s holdings in Mosaic were worth $3,215,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Geneos Wealth Management Inc. boosted its holdings in Mosaic by 169.3% in the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 601 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new stake in Mosaic during the 2nd quarter worth approximately $31,000. SJS Investment Consulting Inc. raised its position in shares of Mosaic by 72.9% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,245 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 525 shares in the last quarter. Gen Wealth Partners Inc acquired a new position in shares of Mosaic in the 4th quarter valued at approximately $32,000. Finally, MUFG Securities EMEA plc purchased a new position in shares of Mosaic during the 2nd quarter valued at approximately $34,000. Institutional investors and hedge funds own 77.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on MOS. The Goldman Sachs Group decreased their price target on shares of Mosaic from $31.00 to $28.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. HSBC cut their price target on shares of Mosaic from $26.00 to $23.00 and set a “hold” rating on the stock in a report on Thursday, June 18th. Rothschild & Co Redburn started coverage on shares of Mosaic in a report on Friday, June 26th. They set a “buy” rating and a $30.00 price objective for the company. Freedom Capital raised shares of Mosaic from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, June 17th. Finally, Canadian Imperial Bank of Commerce set a $25.00 target price on shares of Mosaic in a research report on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Mosaic has a consensus rating of “Hold” and an average price target of $27.17.

Mosaic Price Performance

MOS opened at $23.10 on Wednesday. The company has a quick ratio of 0.43, a current ratio of 1.34 and a debt-to-equity ratio of 0.41. The company’s 50-day moving average price is $22.14 and its 200 day moving average price is $24.56. The Mosaic Company has a fifty-two week low of $19.80 and a fifty-two week high of $36.99. The firm has a market cap of $7.34 billion, a price-to-earnings ratio of -11.44, a price-to-earnings-growth ratio of 3.62 and a beta of 0.82.

Mosaic (NYSE:MOS) last issued its earnings results on Tuesday, August 4th. The basic materials company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. The company had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $3.10 billion. Mosaic had a positive return on equity of 3.77% and a negative net margin of 5.21%.Mosaic’s quarterly revenue was down 6.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.51 earnings per share. As a group, sell-side analysts expect that The Mosaic Company will post 0.63 earnings per share for the current year.

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.