The Mosaic Company (NYSE:MOS) Shares Purchased by V Square Quantitative Management LLC

V Square Quantitative Management LLC boosted its holdings in The Mosaic Company (NYSE:MOS) by 39.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,338 shares of the basic materials company’s stock after acquiring an additional 2,361 shares during the period. V Square Quantitative Management LLC’s holdings in Mosaic were worth $241,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Mosaic by 5.1% during the first quarter. Vanguard Group Inc. now owns 39,357,229 shares of the basic materials company’s stock worth $1,277,536,000 after purchasing an additional 1,893,797 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Mosaic by 1,815.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 10,682,108 shares of the basic materials company’s stock worth $346,743,000 after acquiring an additional 10,124,427 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Mosaic by 5.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,969,039 shares of the basic materials company’s stock worth $141,829,000 after acquiring an additional 189,706 shares during the period. Norges Bank purchased a new stake in shares of Mosaic during the fourth quarter worth $107,893,000. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Mosaic by 2.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,963,682 shares of the basic materials company’s stock worth $70,162,000 after acquiring an additional 48,883 shares during the period. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently weighed in on MOS. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $30.00 price objective on shares of Mosaic in a research report on Monday. Piper Sandler dropped their target price on Mosaic from $29.00 to $28.00 and set an “underweight” rating on the stock in a report on Tuesday, June 11th. UBS Group dropped their target price on Mosaic from $33.00 to $30.00 and set a “neutral” rating on the stock in a report on Tuesday, July 9th. Scotiabank dropped their target price on Mosaic from $40.00 to $38.00 and set a “sector outperform” rating on the stock in a report on Monday, May 6th. Finally, Mizuho dropped their target price on Mosaic from $34.00 to $33.00 and set a “neutral” rating on the stock in a report on Friday, May 3rd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $35.92.

Insiders Place Their Bets

In other Mosaic news, Director Kelvin R. Westbrook sold 12,666 shares of the stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $27.32, for a total transaction of $346,035.12. Following the completion of the sale, the director now directly owns 34,359 shares of the company’s stock, valued at approximately $938,687.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.86% of the stock is owned by insiders.

Mosaic Stock Performance

Mosaic stock traded down $0.33 during mid-day trading on Wednesday, reaching $27.77. 1,253,994 shares of the company were exchanged, compared to its average volume of 4,512,963. The Mosaic Company has a twelve month low of $26.09 and a twelve month high of $40.67. The firm’s 50-day simple moving average is $28.27 and its two-hundred day simple moving average is $30.03. 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 firm has a market cap of $8.93 billion, a PE ratio of 11.80, a price-to-earnings-growth ratio of 1.59 and a beta of 1.41.

Mosaic (NYSE:MOS) last posted its quarterly earnings data on Tuesday, August 6th. The basic materials company reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.12). Mosaic had a return on equity of 8.23% and a net margin of 6.07%. The company had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.90 billion. During the same period in the previous year, the business posted $1.04 earnings per share. The firm’s revenue was down 17.0% compared to the same quarter last year. Equities analysts predict that The Mosaic Company will post 2.59 earnings per share for the current fiscal year.

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.