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

Mitsubishi UFJ Trust & Banking Corp lessened its stake in shares of The Mosaic Company (NYSE:MOS) by 44.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 108,699 shares of the basic materials company’s stock after selling 87,823 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Mosaic were worth $2,619,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. NewEdge Advisors LLC raised its stake in Mosaic by 27.8% during the 1st quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock valued at $47,000 after purchasing an additional 380 shares during the period. Foster Dykema Cabot & Partners LLC increased its position in Mosaic by 54.3% during the third quarter. Foster Dykema Cabot & Partners LLC now owns 1,157 shares of the basic materials company’s stock worth $40,000 after buying an additional 407 shares during the last quarter. Smartleaf Asset Management LLC increased its position in Mosaic by 57.6% during the third quarter. Smartleaf Asset Management LLC now owns 1,135 shares of the basic materials company’s stock worth $39,000 after buying an additional 415 shares during the last quarter. Pinnacle Associates Ltd. increased its position in Mosaic by 0.9% during the third quarter. Pinnacle Associates Ltd. now owns 47,593 shares of the basic materials company’s stock worth $1,651,000 after buying an additional 432 shares during the last quarter. Finally, Citizens Financial Group Inc. RI increased its position in Mosaic by 7.1% during the third quarter. Citizens Financial Group Inc. RI now owns 6,853 shares of the basic materials company’s stock worth $238,000 after buying an additional 456 shares during the last quarter. 77.54% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have issued reports on MOS. Royal Bank Of Canada set a $28.00 price target on shares of Mosaic and gave the company a “sector perform” rating in a report on Tuesday, April 7th. Morgan Stanley reduced their target price on shares of Mosaic from $35.00 to $28.00 and set an “equal weight” rating for the company in a research note on Thursday, February 26th. Weiss Ratings cut shares of Mosaic from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, April 7th. BNP Paribas Exane cut their price target on shares of Mosaic from $35.00 to $33.00 and set an “outperform” rating for the company in a research note on Wednesday, March 25th. Finally, Wolfe Research cut their target price on shares of Mosaic from $37.00 to $36.00 and set an “outperform” rating for the company in a research note on Thursday, February 26th. Four investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $29.40.

Mosaic Price Performance

MOS opened at $22.97 on Tuesday. The company has a fifty day moving average price of $25.96 and a two-hundred day moving average price of $26.30. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.47 and a current ratio of 1.32. The Mosaic Company has a 52 week low of $22.74 and a 52 week high of $38.23. The firm has a market capitalization of $7.29 billion, a PE ratio of 13.59, a P/E/G ratio of 1.39 and a beta of 0.79.

Mosaic (NYSE:MOS) last released its earnings results on Tuesday, February 24th. The basic materials company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.26). Mosaic had a return on equity of 5.80% and a net margin of 4.49%.The business had revenue of $2.97 billion for the quarter, compared to analyst estimates of $3.02 billion. During the same period in the prior year, the firm posted $0.45 EPS. Mosaic’s revenue was up 5.6% on a year-over-year basis. As a group, analysts anticipate that The Mosaic Company will post 1.56 earnings per share for the current year.

Mosaic Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Thursday, May 21st will be issued a $0.22 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $0.88 annualized dividend and a dividend yield of 3.8%. Mosaic’s payout ratio is 52.07%.

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.