The Mosaic Company $MOS Shares Bought by Moran Wealth Management LLC

Moran Wealth Management LLC grew its holdings in The Mosaic Company (NYSE:MOS) by 65.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 82,477 shares of the basic materials company’s stock after buying an additional 32,684 shares during the quarter. Moran Wealth Management LLC’s holdings in Mosaic were worth $2,103,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Investors Asset Management of Georgia Inc. GA ADV increased its holdings in Mosaic by 14.5% in the 1st quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 15,055 shares of the basic materials company’s stock worth $387,000 after acquiring an additional 1,911 shares in the last quarter. PFG Investments LLC acquired a new position in Mosaic during the first quarter worth $313,000. Private Advisor Group LLC purchased a new position in Mosaic during the first quarter valued at $389,000. Leonteq Securities AG lifted its holdings in Mosaic by 16.5% during the first quarter. Leonteq Securities AG now owns 103,268 shares of the basic materials company’s stock valued at $2,633,000 after purchasing an additional 14,596 shares in the last quarter. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. grew its position in shares of Mosaic by 55.9% in the first quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. now owns 112,349 shares of the basic materials company’s stock valued at $2,865,000 after purchasing an additional 40,303 shares during the period. 77.54% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on MOS. BMO Capital Markets cut their target price on shares of Mosaic from $31.00 to $30.00 and set an “outperform” rating for the company in a research note on Tuesday, June 30th. Wells Fargo & Company decreased their price target on shares of Mosaic from $25.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 14th. Morgan Stanley lowered their price objective on Mosaic from $28.00 to $26.00 and set an “equal weight” rating on the stock in a report on Tuesday, June 30th. Barclays cut their price objective on Mosaic from $31.00 to $26.00 and set an “equal weight” rating for the company in a research note on Monday, May 18th. Finally, Zacks Research cut Mosaic from a “hold” rating to a “strong sell” rating in a report on Friday, June 19th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Mosaic currently has an average rating of “Hold” and a consensus price target of $27.11.

Mosaic Stock Performance

NYSE MOS opened at $21.09 on Monday. The stock’s fifty day moving average is $22.40 and its two-hundred day moving average is $25.10. The firm has a market capitalization of $6.70 billion, a P/E ratio of 162.28, a price-to-earnings-growth ratio of 2.51 and a beta of 0.82. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.45 and a current ratio of 1.25. The Mosaic Company has a fifty-two week low of $19.80 and a fifty-two week high of $38.23.

Mosaic (NYSE:MOS) last issued its earnings results on Monday, May 11th. The basic materials company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.15). Mosaic had a net margin of 0.36% and a return on equity of 4.66%. The company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.93 billion. During the same quarter in the previous year, the company earned $0.49 earnings per share. The firm’s quarterly revenue was up 14.4% compared to the same quarter last year. On average, research analysts anticipate that The Mosaic Company will post 0.83 earnings per share for the current year.

Mosaic 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.