Journey Advisory Group LLC Purchases Shares of 106,343 The Mosaic Company $MOS

Journey Advisory Group LLC acquired a new position in shares of The Mosaic Company (NYSE:MOS) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 106,343 shares of the basic materials company’s stock, valued at approximately $2,712,000.

A number of other hedge funds have also recently modified their holdings of MOS. CYBER HORNET ETFs LLC acquired a new stake in Mosaic during the 2nd quarter worth $31,000. MUFG Securities EMEA plc purchased a new stake in Mosaic in the second quarter valued at $34,000. Geneos Wealth Management Inc. boosted its stake in Mosaic by 169.3% in the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock valued at $26,000 after acquiring an additional 601 shares in the last quarter. SJS Investment Consulting Inc. boosted its stake in Mosaic by 72.9% in the first quarter. SJS Investment Consulting Inc. now owns 1,245 shares of the basic materials company’s stock valued at $32,000 after acquiring an additional 525 shares in the last quarter. Finally, Gen Wealth Partners Inc purchased a new position in shares of Mosaic during the fourth quarter worth about $32,000. 77.54% of the stock is owned by hedge funds and other institutional investors.

Mosaic Stock Performance

Shares of MOS opened at $23.06 on Thursday. 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 stock has a market capitalization of $7.32 billion, a P/E ratio of 177.40, a P/E/G ratio of 2.73 and a beta of 0.82. The company’s fifty day moving average is $22.11 and its two-hundred day moving average is $24.97. The Mosaic Company has a 1 year low of $19.80 and a 1 year high of $37.53.

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). Mosaic had a return on equity of 4.66% and a net margin of 0.36%.The firm had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.93 billion. During the same quarter in the previous year, the company posted $0.49 EPS. The firm’s quarterly revenue was up 14.4% compared to the same quarter last year. On average, sell-side analysts predict that The Mosaic Company will post 0.83 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on MOS. Zacks Research cut Mosaic from a “hold” rating to a “strong sell” rating in a research report on Friday, June 19th. Bank of America cut Mosaic from a “buy” rating to a “neutral” rating and decreased their target price for the company from $33.00 to $30.00 in a research report on Friday, March 20th. Wall Street Zen downgraded Mosaic from a “sell” rating to a “strong sell” rating in a research note on Sunday. Barclays cut their price target on Mosaic from $31.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Monday, May 18th. Finally, JPMorgan Chase & Co. reduced their price objective on Mosaic from $24.00 to $19.00 and set an “underweight” rating for the company in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $27.11.

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.