Delta Capital Management LLC Has $444,000 Stock Holdings in The Mosaic Company (NYSE:MOS)

Delta Capital Management LLC reduced its stake in shares of The Mosaic Company (NYSE:MOS) by 7.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 18,060 shares of the basic materials company’s stock after selling 1,460 shares during the period. Delta Capital Management LLC’s holdings in Mosaic were worth $444,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of MOS. Brooklyn Investment Group boosted its position in shares of Mosaic by 110.8% during the fourth quarter. Brooklyn Investment Group now owns 1,117 shares of the basic materials company’s stock worth $27,000 after buying an additional 587 shares during the period. Larson Financial Group LLC lifted its position in shares of Mosaic by 180,900.0% in the third quarter. Larson Financial Group LLC now owns 1,810 shares of the basic materials company’s stock worth $48,000 after purchasing an additional 1,809 shares in the last quarter. Kimelman & Baird LLC acquired a new position in Mosaic during the second quarter worth $49,000. Blue Trust Inc. grew its position in Mosaic by 46.4% in the third quarter. Blue Trust Inc. now owns 1,799 shares of the basic materials company’s stock valued at $52,000 after purchasing an additional 570 shares in the last quarter. Finally, CVA Family Office LLC raised its stake in shares of Mosaic by 23.2% during the 3rd quarter. CVA Family Office LLC now owns 2,037 shares of the basic materials company’s stock worth $55,000 after purchasing an additional 384 shares in the last quarter. Institutional investors own 77.54% of the company’s stock.

Mosaic Price Performance

Shares of MOS opened at $27.14 on Friday. The business’s fifty day moving average is $25.65 and its 200 day moving average is $26.70. The Mosaic Company has a 12-month low of $23.56 and a 12-month high of $33.44. The company has a quick ratio of 0.49, a current ratio of 1.19 and a debt-to-equity ratio of 0.27. The stock has a market cap of $8.62 billion, a P/E ratio of 24.02, a P/E/G ratio of 1.36 and a beta of 1.34.

Mosaic (NYSE:MOS) last released its quarterly earnings data on Tuesday, November 12th. The basic materials company reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.24). Mosaic had a net margin of 3.24% and a return on equity of 6.00%. The business had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $3.17 billion. During the same period last year, the business posted $0.68 earnings per share. The firm’s quarterly revenue was down 20.8% on a year-over-year basis. Sell-side analysts anticipate that The Mosaic Company will post 2.06 earnings per share for the current fiscal year.

Mosaic Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be given a dividend of $0.22 per share. This is a positive change from Mosaic’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.24%. The ex-dividend date is Thursday, March 6th. Mosaic’s dividend payout ratio (DPR) is presently 74.34%.

Analysts Set New Price Targets

Several brokerages recently commented on MOS. Wells Fargo & Company reduced their target price on shares of Mosaic from $29.00 to $27.00 and set an “equal weight” rating for the company in a report on Tuesday, September 24th. Morgan Stanley cut their price target on Mosaic from $40.00 to $30.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Royal Bank of Canada restated a “sector perform” rating and set a $30.00 price objective on shares of Mosaic in a research report on Thursday, November 14th. Piper Sandler raised Mosaic from an “underweight” rating to a “neutral” rating and lifted their price target for the company from $26.00 to $30.00 in a research note on Monday, January 13th. Finally, Oppenheimer initiated coverage on Mosaic in a report on Thursday, December 12th. They set a “market perform” rating on the stock. Eight analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $35.09.

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.