Shilanski & Associates Inc. Purchases Shares of 58,374 The Mosaic Company $MOS

Shilanski & Associates Inc. acquired a new position in shares of The Mosaic Company (NYSE:MOS) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 58,374 shares of the basic materials company’s stock, valued at approximately $2,024,000.

Several other hedge funds also recently modified their holdings of the stock. First Horizon Advisors Inc. boosted its stake in Mosaic by 172.5% during the second quarter. First Horizon Advisors Inc. now owns 684 shares of the basic materials company’s stock worth $25,000 after acquiring an additional 433 shares in the last quarter. Bangor Savings Bank acquired a new position in shares of Mosaic during the second quarter valued at about $26,000. Geneos Wealth Management Inc. boosted its position in shares of 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 in the last quarter. Rothschild Investment LLC grew its stake in shares of Mosaic by 650.0% in the 2nd quarter. Rothschild Investment LLC now owns 750 shares of the basic materials company’s stock valued at $27,000 after buying an additional 650 shares during the period. Finally, Rexford Capital Inc. bought a new stake in Mosaic in the 2nd quarter valued at about $28,000. Institutional investors own 77.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Wall Street Zen lowered Mosaic from a “buy” rating to a “hold” rating in a report on Saturday, September 13th. Mizuho cut their target price on Mosaic from $31.00 to $28.00 and set a “neutral” rating on the stock in a report on Thursday, December 18th. Weiss Ratings restated a “hold (c-)” rating on shares of Mosaic in a research note on Monday. Scotiabank upped their price objective on shares of Mosaic from $34.00 to $36.00 and gave the stock a “sector perform” rating in a report on Monday, November 10th. Finally, HSBC reduced their price objective on shares of Mosaic from $35.00 to $26.00 and set a “hold” rating for the company in a report on Monday, November 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $31.73.

Mosaic Stock Up 0.4%

Mosaic stock opened at $24.16 on Wednesday. The Mosaic Company has a fifty-two week low of $22.36 and a fifty-two week high of $38.23. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.40 and a current ratio of 1.14. The firm’s 50-day simple moving average is $25.34 and its 200 day simple moving average is $31.11. The stock has a market cap of $7.67 billion, a PE ratio of 6.26, a price-to-earnings-growth ratio of 0.59 and a beta of 0.94.

Mosaic (NYSE:MOS) last posted its earnings results on Tuesday, November 4th. The basic materials company reported $1.04 EPS for the quarter, topping the consensus estimate of $1.03 by $0.01. The firm had revenue of $3.45 billion for the quarter, compared to analysts’ expectations of $3.87 billion. Mosaic had a net margin of 10.33% and a return on equity of 6.46%. The company’s quarterly revenue was up 22.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.34 EPS. Research analysts predict that The Mosaic Company will post 2.04 EPS for the current fiscal year.

Mosaic Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Monday, March 9th will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Monday, March 9th. Mosaic’s payout ratio is presently 22.80%.

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.