Live Oak Private Wealth LLC Has $5.49 Million Position in The Mosaic Company $MOS

Live Oak Private Wealth LLC raised its stake in The Mosaic Company (NYSE:MOS) by 12.8% during the first quarter, HoldingsChannel reports. The institutional investor owned 215,211 shares of the basic materials company’s stock after acquiring an additional 24,401 shares during the period. Live Oak Private Wealth LLC’s holdings in Mosaic were worth $5,488,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CYBER HORNET ETFs LLC acquired a new position in shares of Mosaic in the second quarter worth approximately $31,000. MUFG Securities EMEA plc acquired a new stake in Mosaic during the 2nd quarter valued at approximately $34,000. Geneos Wealth Management Inc. raised its holdings in Mosaic by 169.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 601 shares during the last quarter. Foster Dykema Cabot & Partners LLC lifted its position in shares of Mosaic by 54.3% in the 3rd quarter. Foster Dykema Cabot & Partners LLC now owns 1,157 shares of the basic materials company’s stock worth $40,000 after purchasing an additional 407 shares during the period. Finally, Gen Wealth Partners Inc acquired a new position in shares of Mosaic in the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 77.54% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Wall Street Zen cut shares of Mosaic from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. Zacks Research cut shares of Mosaic from a “hold” rating to a “strong sell” rating in a research report on Friday, June 19th. Barclays lowered their price objective on Mosaic from $31.00 to $26.00 and set an “equal weight” rating for the company in a research report on Monday, May 18th. UBS Group dropped their price objective on Mosaic from $27.00 to $23.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 12th. Finally, Canadian Imperial Bank of Commerce set a $25.00 target price on Mosaic in a research report on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $27.24.

Mosaic Stock Down 1.8%

MOS stock opened at $20.87 on Thursday. The stock’s 50 day simple moving average is $22.77 and its 200 day simple moving average is $25.24. The company has a market cap of $6.63 billion, a P/E ratio of 160.57, a price-to-earnings-growth ratio of 2.51 and a beta of 0.79. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.45 and a current ratio of 1.25. The Mosaic Company has a fifty-two week low of $19.80 and a fifty-two week high of $38.23.

Mosaic (NYSE:MOS) last announced its quarterly earnings data on Monday, May 11th. The basic materials company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.15). The firm had revenue of $3 billion during the quarter, compared to analyst estimates of $2.93 billion. Mosaic had a net margin of 0.36% and a return on equity of 4.66%. The company’s revenue was up 14.4% on a year-over-year basis. During the same period last year, the business posted $0.49 EPS. On average, research analysts expect that The Mosaic Company will post 0.83 earnings per share for the current fiscal year.

Mosaic Company 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.