Goehring & Rozencwajg Associates LLC Boosts Stake in The Mosaic Company $MOS

Goehring & Rozencwajg Associates LLC lifted its position in shares of The Mosaic Company (NYSE:MOS) by 5.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 451,046 shares of the basic materials company’s stock after acquiring an additional 22,836 shares during the quarter. Goehring & Rozencwajg Associates LLC owned 0.14% of Mosaic worth $10,866,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of MOS. NewEdge Advisors LLC boosted its stake in shares of Mosaic by 27.8% during the 1st quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock worth $47,000 after acquiring an additional 380 shares in the last quarter. United Services Automobile Association purchased a new stake in shares of Mosaic during the 1st quarter worth about $201,000. Empowered Funds LLC boosted its stake in shares of Mosaic by 170.5% during the 1st quarter. Empowered Funds LLC now owns 54,176 shares of the basic materials company’s stock worth $1,463,000 after acquiring an additional 34,151 shares in the last quarter. Woodline Partners LP boosted its stake in shares of Mosaic by 40.7% during the 1st quarter. Woodline Partners LP now owns 26,836 shares of the basic materials company’s stock worth $725,000 after acquiring an additional 7,760 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in Mosaic by 169.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock valued at $26,000 after buying an additional 601 shares in the last quarter. 77.54% of the stock is owned by hedge funds and other institutional investors.

Mosaic Trading Up 7.6%

Shares of Mosaic stock opened at $22.69 on Friday. The firm has a market capitalization of $7.20 billion, a PE ratio of 174.55, a P/E/G ratio of 2.50 and a beta of 0.79. The Mosaic Company has a twelve month low of $19.80 and a twelve month high of $38.23. The firm’s 50-day moving average price is $23.36 and its 200 day moving average price is $25.36. The company has a current ratio of 1.25, a quick ratio of 0.45 and a debt-to-equity ratio of 0.36.

Mosaic (NYSE:MOS) last released 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 return on equity of 4.66% and a net margin of 0.36%.The business had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.93 billion. During the same period last year, the business earned $0.49 earnings per share. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. On average, sell-side analysts predict that The Mosaic Company will post 0.83 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

MOS has been the topic of a number of research reports. Canadian Imperial Bank of Commerce set a $25.00 price target on shares of Mosaic in a research note on Tuesday, May 12th. Bank of America lowered shares of Mosaic from a “buy” rating to a “neutral” rating and decreased their price target for the company from $33.00 to $30.00 in a research note on Friday, March 20th. UBS Group decreased their price target on shares of Mosaic from $27.00 to $23.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 12th. Barclays decreased their price target on shares of Mosaic from $31.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Monday, May 18th. Finally, The Goldman Sachs Group decreased their price target on shares of Mosaic from $31.00 to $28.00 and set a “buy” rating on the stock in a research note on Tuesday, May 12th. Six equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Mosaic has a consensus rating of “Hold” and an average price target of $27.47.

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.