The Mosaic Company $MOS Shares Purchased by ProShare Advisors LLC

ProShare Advisors LLC boosted its holdings in shares of The Mosaic Company (NYSE:MOS) by 57.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 125,316 shares of the basic materials company’s stock after buying an additional 45,733 shares during the quarter. ProShare Advisors LLC’s holdings in Mosaic were worth $3,019,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. lifted its holdings in Mosaic by 169.3% during the 1st 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. CYBER HORNET ETFs LLC acquired a new stake in Mosaic during the 2nd quarter worth approximately $31,000. MUFG Securities EMEA plc acquired a new stake in Mosaic during the 2nd quarter worth approximately $34,000. Torren Management LLC acquired a new stake in Mosaic during the 4th quarter worth approximately $35,000. Finally, Smartleaf Asset Management LLC lifted its holdings in Mosaic by 57.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,135 shares of the basic materials company’s stock worth $39,000 after buying an additional 415 shares in the last quarter. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Mosaic Trading Up 0.1%

NYSE MOS opened at $22.54 on Monday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 0.45. The firm’s fifty day moving average price is $24.54 and its 200 day moving average price is $25.64. The company has a market capitalization of $7.16 billion, a price-to-earnings ratio of 173.36, a price-to-earnings-growth ratio of 2.29 and a beta of 0.79. The Mosaic Company has a 12 month low of $20.89 and a 12 month high of $38.23.

Mosaic (NYSE:MOS) last posted its earnings results on Monday, May 11th. The basic materials company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.15). The company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.93 billion. Mosaic had a net margin of 0.36% and a return on equity of 4.66%. The company’s quarterly revenue was up 14.4% on a year-over-year basis. During the same period last year, the business earned $0.49 earnings per share. On average, sell-side analysts expect that The Mosaic Company will post 0.97 earnings per share for the current fiscal year.

Mosaic Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Thursday, May 21st will be given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Thursday, May 21st. Mosaic’s dividend payout ratio (DPR) is 676.92%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on MOS. Wall Street Zen lowered shares of Mosaic from a “hold” rating to a “sell” rating in a report on Saturday, March 7th. Scotiabank reiterated an “outperform” rating and set a $30.00 target price on shares of Mosaic in a report on Tuesday, May 19th. Weiss Ratings lowered shares of Mosaic from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, May 12th. Bank of America lowered shares of Mosaic from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $33.00 to $30.00 in a report on Friday, March 20th. Finally, Royal Bank Of Canada upgraded shares of Mosaic from a “sector perform” rating to an “outperform” rating and reduced their target price for the stock from $28.00 to $27.00 in a report on Wednesday, May 13th. Six research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $27.65.

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.