Dimensional Fund Advisors LP Purchases 832,914 Shares of The Mosaic Company $MOS

Dimensional Fund Advisors LP increased its holdings in shares of The Mosaic Company (NYSE:MOS) by 6.2% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 14,240,050 shares of the basic materials company’s stock after purchasing an additional 832,914 shares during the period. Dimensional Fund Advisors LP’s holdings in Mosaic were worth $363,110,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wedge Capital Management L L P NC boosted its holdings in shares of Mosaic by 87.5% during the 4th quarter. Wedge Capital Management L L P NC now owns 376,905 shares of the basic materials company’s stock worth $9,080,000 after buying an additional 175,914 shares during the period. Assenagon Asset Management S.A. bought a new position in shares of Mosaic in the 4th quarter valued at $1,302,000. Thompson Siegel & Walmsley LLC grew its holdings in shares of Mosaic by 35.8% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 2,978,232 shares of the basic materials company’s stock valued at $71,746,000 after purchasing an additional 785,057 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Mosaic by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 39,123,171 shares of the basic materials company’s stock worth $942,477,000 after buying an additional 461,524 shares during the last quarter. Finally, SG Americas Securities LLC grew its position in Mosaic by 764.2% during the 4th quarter. SG Americas Securities LLC now owns 734,482 shares of the basic materials company’s stock worth $17,694,000 after acquiring an additional 649,490 shares during the last quarter. 77.54% of the stock is owned by institutional investors.

Mosaic Trading Down 2.0%

Shares of Mosaic stock opened at $21.97 on Wednesday. The Mosaic Company has a 1 year low of $19.80 and a 1 year high of $37.53. The stock has a fifty day moving average price of $22.10 and a 200-day moving average price of $24.92. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 0.45. The firm has a market cap of $6.98 billion, a PE ratio of 169.01, a P/E/G ratio of 2.66 and a beta of 0.82.

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 the consensus estimate of $0.20 by ($0.15). Mosaic had a return on equity of 4.66% and a net margin of 0.36%.The company had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.93 billion. During the same period in the prior year, the firm posted $0.49 EPS. The business’s revenue was up 14.4% on a year-over-year basis. Equities research analysts anticipate that The Mosaic Company will post 0.83 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have weighed in on MOS. JPMorgan Chase & Co. reduced their target price on shares of Mosaic from $24.00 to $19.00 and set an “underweight” rating on the stock in a report on Tuesday, May 12th. Barclays decreased their target price on Mosaic from $31.00 to $26.00 and set an “equal weight” rating for the company in a research note on Monday, May 18th. HSBC decreased their price target on shares of Mosaic from $26.00 to $23.00 and set a “hold” rating for the company in a research note on Thursday, June 18th. BMO Capital Markets decreased their price objective on Mosaic from $31.00 to $30.00 and set an “outperform” rating for the company in a report on Tuesday, June 30th. Finally, UBS Group decreased their target price on shares of Mosaic from $27.00 to $23.00 and set a “neutral” rating for the company in a research report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Mosaic has an average rating of “Hold” and a consensus target price of $27.11.

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.