The Mosaic Company (NYSE:MOS) Shares Bought by Uncommon Cents Investing LLC

Uncommon Cents Investing LLC raised its stake in shares of The Mosaic Company (NYSE:MOS) by 3.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,500 shares of the basic materials company’s stock after purchasing an additional 415 shares during the quarter. Uncommon Cents Investing LLC’s holdings in Mosaic were worth $438,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. LPL Financial LLC increased its position in shares of Mosaic by 42.0% in the 3rd quarter. LPL Financial LLC now owns 206,606 shares of the basic materials company’s stock valued at $7,355,000 after acquiring an additional 61,096 shares during the period. Natixis Advisors L.P. increased its holdings in shares of Mosaic by 80.0% in the third quarter. Natixis Advisors L.P. now owns 79,145 shares of the basic materials company’s stock valued at $2,818,000 after purchasing an additional 35,180 shares during the period. Tower Research Capital LLC TRC raised its stake in shares of Mosaic by 168.8% in the third quarter. Tower Research Capital LLC TRC now owns 18,961 shares of the basic materials company’s stock worth $675,000 after purchasing an additional 11,906 shares during the last quarter. Evergreen Capital Management LLC lifted its holdings in shares of Mosaic by 6.4% during the third quarter. Evergreen Capital Management LLC now owns 14,379 shares of the basic materials company’s stock worth $512,000 after purchasing an additional 859 shares during the period. Finally, Schroder Investment Management Group boosted its position in Mosaic by 3.6% in the third quarter. Schroder Investment Management Group now owns 203,886 shares of the basic materials company’s stock valued at $7,258,000 after buying an additional 7,041 shares during the last quarter. Institutional investors and hedge funds own 77.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Mizuho reduced their price target 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. Piper Sandler reduced their target price on shares of Mosaic from $29.00 to $28.00 and set an “underweight” rating for the company in a report on Tuesday, June 11th. Scotiabank lowered their price target on shares of Mosaic from $40.00 to $38.00 and set a “sector outperform” rating on the stock in a report on Monday, May 6th. Barclays reduced their price objective on Mosaic from $42.00 to $39.00 and set an “overweight” rating for the company in a research note on Monday, May 13th. Finally, Royal Bank of Canada lowered their target price on Mosaic from $35.00 to $32.00 and set a “sector perform” rating on the stock in a research note on Monday, May 6th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $38.29.

Mosaic Price Performance

Shares of MOS stock traded down $0.22 during trading hours on Thursday, hitting $27.55. 2,002,087 shares of the company’s stock were exchanged, compared to its average volume of 4,546,483. The Mosaic Company has a fifty-two week low of $26.67 and a fifty-two week high of $42.81. The firm has a market cap of $8.86 billion, a P/E ratio of 11.72, a P/E/G ratio of 1.54 and a beta of 1.41. The company has a quick ratio of 0.51, a current ratio of 1.16 and a debt-to-equity ratio of 0.26. The firm has a 50 day moving average of $29.40 and a two-hundred day moving average of $31.32.

Mosaic (NYSE:MOS) last posted its quarterly earnings data on Wednesday, May 1st. The basic materials company reported $0.65 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.01). Mosaic had a return on equity of 8.23% and a net margin of 6.07%. The company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.88 billion. During the same quarter in the prior year, the company posted $1.14 earnings per share. The business’s revenue was down 25.7% on a year-over-year basis. Sell-side analysts forecast that The Mosaic Company will post 2.57 EPS for the current year.

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.