Empowered Funds LLC Makes New $929,000 Investment in The Mosaic Company $MOS

Empowered Funds LLC bought a new position in The Mosaic Company (NYSE:MOS) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 43,833 shares of the basic materials company’s stock, valued at approximately $929,000.

A number of other hedge funds also recently made changes to their positions in the business. Geneos Wealth Management Inc. boosted its stake in Mosaic by 169.3% in the 1st 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. CYBER HORNET ETFs LLC bought a new stake in shares of Mosaic in the 2nd quarter worth about $31,000. Gen Wealth Partners Inc bought a new stake in shares of Mosaic in the 4th quarter worth about $32,000. SJS Investment Consulting Inc. increased its position in shares of Mosaic by 72.9% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,245 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 525 shares in the last quarter. Finally, MUFG Securities EMEA plc bought a new position in Mosaic during the 2nd quarter valued at about $34,000. Institutional investors and hedge funds own 77.54% of the company’s stock.

Insider Activity at Mosaic

In related news, SVP Walter Precourt, III sold 23,000 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $22.12, for a total transaction of $508,760.00. Following the sale, the senior vice president owned 116,198 shares of the company’s stock, valued at approximately $2,570,299.76. This trade represents a 16.52% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.31% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on MOS. Mizuho set a $25.00 price objective on shares of Mosaic in a research note on Wednesday, August 5th. The Goldman Sachs Group decreased their price target on Mosaic from $31.00 to $28.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Royal Bank Of Canada raised Mosaic from a “sector perform” rating to an “outperform” rating and reduced their price objective for the stock from $28.00 to $27.00 in a research note on Wednesday, May 13th. HSBC decreased their target price on Mosaic from $26.00 to $23.00 and set a “hold” rating on the stock in a report on Thursday, June 18th. Finally, Scotiabank reiterated an “outperform” rating and set a $30.00 price target on shares of Mosaic in a research report on Tuesday, May 19th. Seven research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Mosaic has an average rating of “Hold” and an average target price of $27.17.

Mosaic Trading Up 1.3%

MOS opened at $25.83 on Friday. The Mosaic Company has a fifty-two week low of $19.80 and a fifty-two week high of $36.99. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.34 and a quick ratio of 0.43. The company has a market cap of $8.21 billion, a price-to-earnings ratio of -12.79, a price-to-earnings-growth ratio of 4.61 and a beta of 0.83. The firm has a 50 day simple moving average of $22.72 and a 200 day simple moving average of $23.95.

Mosaic (NYSE:MOS) last released its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. The business had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $3.10 billion. Mosaic had a positive return on equity of 3.77% and a negative net margin of 5.21%.The firm’s revenue was down 6.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.51 earnings per share. On average, sell-side analysts anticipate that The Mosaic Company will post 0.54 earnings per share for the current year.

Mosaic Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th will be issued a $0.22 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.88 annualized dividend and a dividend yield of 3.4%. Mosaic’s payout ratio is -43.56%.

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.