Uncommon Cents Investing LLC Grows Stock Holdings in The Mosaic Company (NYSE:MOS)

Uncommon Cents Investing LLC grew its holdings in The Mosaic Company (NYSE:MOS) by 87.9% during the 4th quarter, Holdings Channel reports. The fund owned 13,085 shares of the basic materials company’s stock after purchasing an additional 6,120 shares during the period. Uncommon Cents Investing LLC’s holdings in Mosaic were worth $468,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in MOS. Clear Street Markets LLC boosted its holdings in shares of Mosaic by 93.9% in the 1st quarter. Clear Street Markets LLC now owns 669 shares of the basic materials company’s stock valued at $31,000 after acquiring an additional 324 shares during the last quarter. High Net Worth Advisory Group LLC purchased a new stake in Mosaic during the first quarter worth $33,000. First Command Bank boosted its holdings in Mosaic by 60.1% during the second quarter. First Command Bank now owns 866 shares of the basic materials company’s stock worth $41,000 after buying an additional 325 shares in the last quarter. Penserra Capital Management LLC purchased a new stake in Mosaic during the first quarter worth $44,000. Finally, Carolinas Wealth Consulting LLC boosted its holdings in Mosaic by 3,186.4% during the first quarter. Carolinas Wealth Consulting LLC now owns 723 shares of the basic materials company’s stock worth $48,000 after buying an additional 701 shares in the last quarter. 77.54% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on MOS. Piper Sandler downgraded shares of Mosaic from a “neutral” rating to an “underweight” rating and lowered their price target for the stock from $42.00 to $32.00 in a report on Thursday, February 29th. Mizuho downgraded shares of Mosaic from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $42.00 to $34.00 in a report on Wednesday, January 24th. TheStreet downgraded shares of Mosaic from a “b-” rating to a “c+” rating in a report on Tuesday, February 6th. Scotiabank raised shares of Mosaic from a “sector perform” rating to a “sector outperform” rating and set a $40.00 price target on the stock in a report on Thursday, February 22nd. Finally, Wolfe Research initiated coverage on shares of Mosaic in a report on Friday, March 1st. They set an “outperform” rating and a $39.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $40.63.

Mosaic Price Performance

Shares of NYSE MOS traded up $0.45 during mid-day trading on Thursday, reaching $32.46. The company’s stock had a trading volume of 6,784,228 shares, compared to its average volume of 5,183,327. The stock has a 50-day moving average of $31.27 and a two-hundred day moving average of $33.99. The stock has a market capitalization of $10.44 billion, a P/E ratio of 9.30, a P/E/G ratio of 1.54 and a beta of 1.49. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.57 and a current ratio of 1.22. The Mosaic Company has a 1-year low of $29.25 and a 1-year high of $48.92.

Mosaic (NYSE:MOS) last issued its earnings results on Thursday, February 22nd. The basic materials company reported $0.71 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.11). Mosaic had a net margin of 8.51% and a return on equity of 9.69%. The business had revenue of $3.15 billion during the quarter, compared to analyst estimates of $3.09 billion. During the same quarter last year, the company earned $1.74 earnings per share. Mosaic’s quarterly revenue was down 29.7% on a year-over-year basis. On average, equities research analysts anticipate that The Mosaic Company will post 2.83 EPS for the current fiscal year.

Mosaic Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Investors of record on Thursday, June 6th will be given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 2.59%. The ex-dividend date of this dividend is Thursday, June 6th. Mosaic’s payout ratio is currently 24.07%.

Mosaic Profile

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and Mosaic Fertilizantes. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names, as well as produces a double sulfate of potash magnesia product under K-Mag brand name.