180 Wealth Advisors LLC Acquires 1,433 Shares of The Mosaic Company (NYSE:MOS)

180 Wealth Advisors LLC grew its holdings in shares of The Mosaic Company (NYSE:MOS) by 17.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,424 shares of the basic materials company’s stock after acquiring an additional 1,433 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Mosaic were worth $306,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. AustralianSuper Pty Ltd boosted its position in Mosaic by 23.1% in the fourth quarter. AustralianSuper Pty Ltd now owns 2,083,150 shares of the basic materials company’s stock valued at $74,431,000 after buying an additional 391,191 shares in the last quarter. International Assets Investment Management LLC boosted its stake in shares of Mosaic by 3,212.6% during the fourth quarter. International Assets Investment Management LLC now owns 240,200 shares of the basic materials company’s stock valued at $8,582,000 after purchasing an additional 232,949 shares in the last quarter. Sapient Capital LLC bought a new stake in shares of Mosaic during the fourth quarter worth about $2,300,000. Oak Thistle LLC increased its stake in shares of Mosaic by 13.1% in the fourth quarter. Oak Thistle LLC now owns 40,136 shares of the basic materials company’s stock valued at $1,434,000 after buying an additional 4,658 shares during the period. Finally, Mawer Investment Management Ltd. bought a new position in Mosaic in the 4th quarter valued at approximately $3,337,000. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Mosaic Stock Down 1.2 %

MOS traded down $0.34 during midday trading on Friday, reaching $29.18. 787,809 shares of the company were exchanged, compared to its average volume of 4,758,181. The Mosaic Company has a one year low of $26.67 and a one year high of $42.81. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.51 and a current ratio of 1.16. The company’s fifty day moving average price is $29.61 and its 200 day moving average price is $31.58. The company has a market cap of $9.39 billion, a price-to-earnings ratio of 12.56, a price-to-earnings-growth ratio of 1.58 and a beta of 1.45.

Mosaic (NYSE:MOS) last posted its quarterly earnings data on Wednesday, May 1st. The basic materials company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.01). The firm had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.88 billion. Mosaic had a return on equity of 8.23% and a net margin of 6.07%. Mosaic’s revenue was down 25.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.14 earnings per share. As a group, analysts expect that The Mosaic Company will post 2.67 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on MOS shares. Wolfe Research began coverage on shares of Mosaic in a research note on Friday, March 1st. They set an “outperform” rating and a $39.00 price target for the company. Royal Bank of Canada decreased their price target on Mosaic from $35.00 to $32.00 and set a “sector perform” rating for the company in a research note on Monday, May 6th. Mizuho decreased their target price on shares of Mosaic from $34.00 to $33.00 and set a “neutral” rating for the company in a research report on Friday, May 3rd. Scotiabank reduced their price objective on shares of Mosaic from $40.00 to $38.00 and set a “sector outperform” rating on the stock in a research note on Monday, May 6th. Finally, Piper Sandler lowered their target price on shares of Mosaic from $29.00 to $28.00 and set an “underweight” rating for the company in a research note on Tuesday, June 11th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $38.29.

Mosaic Company 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.