Pallas Capital Advisors LLC Purchases New Position in The Mosaic Company $MOS

Pallas Capital Advisors LLC acquired a new stake in shares of The Mosaic Company (NYSE:MOS) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 33,112 shares of the basic materials company’s stock, valued at approximately $1,148,000.

Several other large investors have also made changes to their positions in MOS. Fiduciary Alliance LLC bought a new stake in shares of Mosaic during the third quarter worth $1,969,000. Hussman Strategic Advisors Inc. acquired a new position in Mosaic during the 3rd quarter valued at about $2,913,000. Scotia Capital Inc. boosted its stake in shares of Mosaic by 395.1% in the 2nd quarter. Scotia Capital Inc. now owns 87,556 shares of the basic materials company’s stock valued at $3,194,000 after purchasing an additional 69,873 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in Mosaic by 65.7% in the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 157,267 shares of the basic materials company’s stock worth $5,682,000 after purchasing an additional 62,338 shares during the period. Finally, Gradient Investments LLC bought a new position in shares of Mosaic during the third quarter worth $12,678,000. Institutional investors own 77.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on MOS shares. Canadian Imperial Bank of Commerce dropped their price objective on Mosaic from $34.00 to $32.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. The Goldman Sachs Group raised their price target on Mosaic from $30.00 to $32.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. Barclays cut their price objective on shares of Mosaic from $35.00 to $31.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 9th. Bank of America decreased their price target on shares of Mosaic from $39.00 to $33.00 and set a “buy” rating for the company in a research note on Thursday, January 8th. Finally, Oppenheimer set a $35.00 price objective on shares of Mosaic in a research report on Friday, January 16th. Seven analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $31.50.

Mosaic Trading Down 1.9%

Shares of Mosaic stock opened at $29.10 on Wednesday. The company has a market capitalization of $9.24 billion, a price-to-earnings ratio of 7.54, a P/E/G ratio of 1.38 and a beta of 0.97. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.40. The business has a fifty day simple moving average of $26.55 and a two-hundred day simple moving average of $28.94. The Mosaic Company has a 1 year low of $22.36 and a 1 year high of $38.23.

Mosaic Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Monday, March 9th will be paid a dividend of $0.22 per share. The ex-dividend date is Monday, March 9th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.0%. Mosaic’s dividend payout ratio (DPR) is 22.80%.

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.