LSV Asset Management Decreases Stock Holdings in The Mosaic Company $MOS

LSV Asset Management reduced its holdings in shares of The Mosaic Company (NYSE:MOS) by 16.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,597,790 shares of the basic materials company’s stock after selling 312,687 shares during the period. LSV Asset Management’s holdings in Mosaic were worth $38,491,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Cadence Wealth Management LLC grew its stake in Mosaic by 32.6% during the fourth quarter. Cadence Wealth Management LLC now owns 35,238 shares of the basic materials company’s stock worth $849,000 after buying an additional 8,672 shares during the period. Nano Cap New Millennium Growth Fund L P purchased a new stake in Mosaic during the fourth quarter worth approximately $385,000. Newport Trust Company LLC grew its stake in Mosaic by 2.0% during the fourth quarter. Newport Trust Company LLC now owns 566,866 shares of the basic materials company’s stock worth $13,656,000 after buying an additional 11,038 shares during the period. Plan A Wealth LLC grew its stake in Mosaic by 7.3% during the fourth quarter. Plan A Wealth LLC now owns 11,854 shares of the basic materials company’s stock worth $286,000 after buying an additional 805 shares during the period. Finally, Leonteq Securities AG purchased a new stake in Mosaic during the fourth quarter worth approximately $2,136,000. 77.54% of the stock is currently owned by hedge funds and other institutional investors.

Mosaic Trading Up 0.1%

NYSE MOS opened at $22.54 on Monday. The company’s fifty day simple moving average is $24.54 and its 200-day simple moving average is $25.64. The Mosaic Company has a 52 week low of $20.89 and a 52 week high of $38.23. The company has a current ratio of 1.25, a quick ratio of 0.45 and a debt-to-equity ratio of 0.36. The stock has a market cap of $7.16 billion, a P/E ratio of 173.36, a PEG ratio of 2.29 and a beta of 0.79.

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 firm had revenue of $3 billion for the quarter, compared to analyst estimates of $2.93 billion. Mosaic had a return on equity of 4.66% and a net margin of 0.36%.The company’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.49 earnings per share. Equities research analysts predict that The Mosaic Company will post 0.97 EPS for the current fiscal year.

Mosaic Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Thursday, May 21st will be paid 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 is Thursday, May 21st. Mosaic’s payout ratio is 676.92%.

Wall Street Analysts Forecast Growth

MOS has been the subject of several research reports. Weiss Ratings downgraded shares of Mosaic from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, May 12th. BMO Capital Markets reduced their target price on shares of Mosaic from $35.00 to $31.00 and set an “outperform” rating on the stock in a research report on Thursday. BNP Paribas Exane reduced their target price on shares of Mosaic from $35.00 to $33.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 25th. JPMorgan Chase & Co. reduced their target price on shares of Mosaic from $24.00 to $19.00 and set an “underweight” rating on the stock in a research report on Tuesday, May 12th. Finally, Mizuho reduced their target price on shares of Mosaic from $27.00 to $24.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Six analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average 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.