The Mosaic Company $MOS Stock Holdings Trimmed by ING Groep NV

ING Groep NV lowered its holdings in shares of The Mosaic Company (NYSE:MOS) by 93.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,273 shares of the basic materials company’s stock after selling 754,013 shares during the period. ING Groep NV’s holdings in Mosaic were worth $1,187,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in MOS. AQR Capital Management LLC raised its stake in Mosaic by 632.6% during the 3rd quarter. AQR Capital Management LLC now owns 8,447,324 shares of the basic materials company’s stock valued at $291,348,000 after acquiring an additional 7,294,205 shares in the last quarter. Norges Bank bought a new stake in Mosaic during the 4th quarter valued at $103,129,000. Merewether Investment Management LP bought a new stake in Mosaic during the 2nd quarter valued at $72,380,000. Randolph Co Inc bought a new stake in shares of Mosaic in the 4th quarter worth $33,264,000. Finally, Dimensional Fund Advisors LP raised its stake in shares of Mosaic by 11.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 12,576,151 shares of the basic materials company’s stock worth $436,140,000 after buying an additional 1,285,883 shares in the last quarter. Institutional investors own 77.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on MOS shares. Scotiabank restated an “outperform” rating and issued a $30.00 price objective on shares of Mosaic in a report on Tuesday, May 19th. Morgan Stanley cut their price objective on Mosaic from $35.00 to $28.00 and set an “equal weight” rating for the company in a report on Thursday, February 26th. UBS Group cut their price objective on Mosaic from $27.00 to $23.00 and set a “neutral” rating for the company in a report on Tuesday, May 12th. Barclays cut their price objective on Mosaic from $31.00 to $26.00 and set an “equal weight” rating for the company in a report on Monday, May 18th. Finally, Freedom Capital lowered Mosaic from a “hold” rating to a “strong sell” rating in a report on Thursday, March 19th. Six equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Mosaic presently has an average rating of “Hold” and an average target price of $27.47.

Mosaic Stock Down 0.4%

Shares of Mosaic stock opened at $21.30 on Wednesday. The Mosaic Company has a 12-month low of $20.75 and a 12-month high of $38.23. The firm has a market capitalization of $6.76 billion, a PE ratio of 163.88, a price-to-earnings-growth ratio of 2.53 and a beta of 0.79. The company has a quick ratio of 0.45, a current ratio of 1.25 and a debt-to-equity ratio of 0.36. The stock’s fifty day moving average is $23.63 and its 200-day moving average is $25.43.

Mosaic (NYSE:MOS) last released its quarterly earnings results on Monday, May 11th. The basic materials company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.15). The company 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 for the quarter was up 14.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.49 EPS. Equities analysts anticipate that The Mosaic Company will post 0.83 earnings per share for the current year.

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.