The Mosaic Company $MOS Shares Purchased by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of The Mosaic Company (NYSE:MOS) by 113.5% during the third quarter, Holdings Channel reports. The institutional investor owned 196,522 shares of the basic materials company’s stock after acquiring an additional 104,473 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Mosaic were worth $6,815,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in MOS. NewEdge Advisors LLC lifted its position in Mosaic by 27.8% in the first quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock worth $47,000 after purchasing an additional 380 shares during the period. United Services Automobile Association bought a new stake in shares of Mosaic in the 1st quarter worth $201,000. Empowered Funds LLC lifted its holdings in shares of Mosaic by 170.5% in the first quarter. Empowered Funds LLC now owns 54,176 shares of the basic materials company’s stock valued at $1,463,000 after buying an additional 34,151 shares during the period. Woodline Partners LP boosted its stake in Mosaic by 40.7% during the first quarter. Woodline Partners LP now owns 26,836 shares of the basic materials company’s stock valued at $725,000 after buying an additional 7,760 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its stake in Mosaic by 169.3% during the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock valued at $26,000 after buying an additional 601 shares in the last quarter. 77.54% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on MOS. UBS Group dropped their price target on shares of Mosaic from $38.00 to $33.00 and set a “buy” rating on the stock in a research report on Monday, January 12th. Morgan Stanley lifted their price objective on shares of Mosaic from $33.00 to $35.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 14th. HSBC cut their target price on shares of Mosaic from $35.00 to $26.00 and set a “hold” rating for the company in a research note on Monday, November 24th. Barclays decreased their price target on shares of Mosaic from $35.00 to $31.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 9th. Finally, BNP Paribas Exane dropped their price target on Mosaic from $43.00 to $35.00 and set an “outperform” rating on the stock in a report on Monday, November 24th. Six investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $31.50.

Mosaic Stock Performance

Mosaic stock opened at $28.14 on Thursday. The Mosaic Company has a fifty-two week low of $22.36 and a fifty-two week high of $38.23. The firm’s 50 day simple moving average is $25.20 and its 200-day simple moving average is $29.70. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.40. The company has a market cap of $8.93 billion, a P/E ratio of 7.29, a price-to-earnings-growth ratio of 1.28 and a beta of 0.94.

Mosaic (NYSE:MOS) last posted its quarterly earnings data on Tuesday, November 4th. The basic materials company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.01. Mosaic had a net margin of 10.33% and a return on equity of 6.46%. The firm had revenue of $3.45 billion during the quarter, compared to analyst estimates of $3.87 billion. During the same quarter last year, the business posted $0.34 EPS. The company’s revenue was up 22.8% on a year-over-year basis. As a group, equities research analysts predict that The Mosaic Company will post 2.04 EPS for the current year.

Mosaic Dividend Announcement

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 given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Monday, March 9th. Mosaic’s dividend payout ratio (DPR) is 22.80%.

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.