Susquehanna Fundamental Investments LLC Makes New $834,000 Investment in The Mosaic Company $MOS

Susquehanna Fundamental Investments LLC purchased a new position in The Mosaic Company (NYSE:MOS) in the second quarter, Holdings Channel reports. The institutional investor purchased 39,379 shares of the basic materials company’s stock, valued at approximately $834,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MOS. Sigma Planning Corp lifted its holdings in Mosaic by 24.2% during the 2nd quarter. Sigma Planning Corp now owns 16,657 shares of the basic materials company’s stock worth $353,000 after purchasing an additional 3,249 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Mosaic by 157.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 91,537 shares of the basic materials company’s stock valued at $1,940,000 after buying an additional 55,931 shares in the last quarter. Greenwood Capital Associates LLC increased its position in shares of Mosaic by 22.7% during the second quarter. Greenwood Capital Associates LLC now owns 24,594 shares of the basic materials company’s stock valued at $521,000 after buying an additional 4,543 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Mosaic by 9.4% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,003,763 shares of the basic materials company’s stock valued at $21,270,000 after buying an additional 86,170 shares during the period. Finally, New Mexico Educational Retirement Board lifted its holdings in shares of Mosaic by 8.9% in the second quarter. New Mexico Educational Retirement Board now owns 15,850 shares of the basic materials company’s stock worth $336,000 after buying an additional 1,300 shares in the last quarter. 77.54% of the stock is currently owned by institutional investors.

Insider Activity at Mosaic

In related news, SVP Walter F. Precourt III sold 23,000 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $22.12, for a total transaction of $508,760.00. Following the transaction, the senior vice president directly owned 116,198 shares of the company’s stock, valued at approximately $2,570,299.76. This trade represents a 16.52% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.31% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on MOS. Barclays reduced their price objective on shares of Mosaic from $31.00 to $26.00 and set an “equal weight” rating for the company in a research note on Monday, May 18th. Berenberg Bank lowered their target price on shares of Mosaic from $28.00 to $27.00 and set a “hold” rating on the stock in a research note on Tuesday, May 19th. Freedom Capital downgraded shares of Mosaic from a “strong-buy” rating to a “strong sell” rating in a report on Thursday, August 13th. Scotiabank restated an “outperform” rating and set a $30.00 price target on shares of Mosaic in a research report on Tuesday, May 19th. Finally, BMO Capital Markets decreased their price target on shares of Mosaic from $31.00 to $30.00 and set an “outperform” rating on the stock in a report on Tuesday, June 30th. Seven analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $27.17.

Mosaic Stock Performance

Mosaic stock opened at $25.79 on Thursday. The Mosaic Company has a fifty-two week low of $19.80 and a fifty-two week high of $36.99. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.43 and a current ratio of 1.34. The stock has a market cap of $8.20 billion, a P/E ratio of -12.77, a price-to-earnings-growth ratio of 4.48 and a beta of 0.83. The firm’s fifty day moving average price is $22.57 and its 200-day moving average price is $23.96.

Mosaic (NYSE:MOS) last announced its earnings results on Tuesday, August 4th. The basic materials company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.01. The company had revenue of $2.82 billion during the quarter, compared to analyst estimates of $3.10 billion. Mosaic had a negative net margin of 5.21% and a positive return on equity of 3.77%. The firm’s quarterly revenue was down 6.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.51 earnings per share. On average, equities research analysts expect that The Mosaic Company will post 0.54 earnings per share for the current fiscal year.

Mosaic Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Thursday, September 10th. Mosaic’s dividend payout ratio is presently -43.56%.

About Mosaic

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.