The Mosaic Company $MOS Stock Position Trimmed by GMT Capital Corp

GMT Capital Corp cut its position in The Mosaic Company (NYSE:MOS) by 58.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 945,600 shares of the basic materials company’s stock after selling 1,332,700 shares during the quarter. Mosaic comprises 1.2% of GMT Capital Corp’s holdings, making the stock its 15th biggest position. GMT Capital Corp’s holdings in Mosaic were worth $22,780,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in Mosaic by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 39,123,171 shares of the basic materials company’s stock valued at $942,477,000 after buying an additional 461,524 shares during the period. Dimensional Fund Advisors LP increased its stake in Mosaic by 6.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 13,407,136 shares of the basic materials company’s stock valued at $322,979,000 after buying an additional 830,985 shares during the period. State Street Corp increased its stake in Mosaic by 1.9% during the 4th quarter. State Street Corp now owns 13,174,708 shares of the basic materials company’s stock valued at $317,379,000 after buying an additional 240,146 shares during the period. Invesco Ltd. increased its stake in Mosaic by 3.7% during the 3rd quarter. Invesco Ltd. now owns 9,186,429 shares of the basic materials company’s stock valued at $318,585,000 after buying an additional 331,739 shares during the period. Finally, Geode Capital Management LLC increased its stake in Mosaic by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 8,479,395 shares of the basic materials company’s stock valued at $203,916,000 after buying an additional 63,822 shares during the period. Institutional investors and hedge funds own 77.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Weiss Ratings cut shares of Mosaic from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, May 12th. Canadian Imperial Bank of Commerce set a $25.00 target price on shares of Mosaic in a research note on Tuesday, May 12th. Bank of America cut shares of Mosaic from a “buy” rating to a “neutral” rating and lowered their target price for the company from $33.00 to $30.00 in a research note on Friday, March 20th. Wall Street Zen cut shares of Mosaic from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. Finally, Freedom Capital cut shares of Mosaic from a “hold” rating to a “strong sell” rating in a research note on Thursday, March 19th. Six investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Mosaic presently has a consensus rating of “Hold” and an average price target of $27.47.

Mosaic Stock Performance

Shares of MOS opened at $22.69 on Friday. The firm’s 50 day moving average is $23.36 and its 200-day moving average is $25.36. The stock has a market capitalization of $7.20 billion, a P/E ratio of 174.55, a P/E/G ratio of 2.68 and a beta of 0.79. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 0.45. The Mosaic Company has a 12-month low of $19.80 and a 12-month high of $38.23.

Mosaic (NYSE:MOS) last announced its quarterly earnings data 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). The business had revenue of $3 billion during the quarter, compared to analyst estimates of $2.93 billion. Mosaic had a return on equity of 4.66% and a net margin of 0.36%.The business’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.49 EPS. Equities research analysts anticipate that The Mosaic Company will post 0.83 EPS for the current fiscal 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.