Yousif Capital Management LLC Has $1.78 Million Stake in The Mosaic Company (NYSE:MOS)

Yousif Capital Management LLC reduced its holdings in The Mosaic Company (NYSE:MOS) by 48.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 49,859 shares of the basic materials company’s stock after selling 46,273 shares during the quarter. Yousif Capital Management LLC’s holdings in Mosaic were worth $1,781,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Denali Advisors LLC lifted its position in Mosaic by 100.5% in the fourth quarter. Denali Advisors LLC now owns 826 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 414 shares during the period. Janiczek Wealth Management LLC boosted its position in Mosaic by 28.0% in the fourth quarter. Janiczek Wealth Management LLC now owns 1,455 shares of the basic materials company’s stock valued at $52,000 after buying an additional 318 shares in the last quarter. Exchange Traded Concepts LLC grew its stake in Mosaic by 526.1% during the third quarter. Exchange Traded Concepts LLC now owns 1,534 shares of the basic materials company’s stock worth $55,000 after buying an additional 1,289 shares during the last quarter. NBC Securities Inc. acquired a new stake in shares of Mosaic during the third quarter worth approximately $57,000. Finally, Planned Solutions Inc. bought a new position in shares of Mosaic in the fourth quarter valued at approximately $65,000. Institutional investors and hedge funds own 77.54% of the company’s stock.

Wall Street Analysts Forecast Growth

MOS has been the topic of a number of research analyst reports. TheStreet lowered Mosaic from a “b-” rating to a “c+” rating in a research report on Tuesday, February 6th. Mizuho cut Mosaic from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $42.00 to $34.00 in a report on Wednesday, January 24th. Wells Fargo & Company lifted their price target on Mosaic from $34.00 to $35.00 and gave the company an “equal weight” rating in a report on Friday, February 23rd. Piper Sandler lowered shares of Mosaic from a “neutral” rating to an “underweight” rating and decreased their price objective for the stock from $42.00 to $32.00 in a report on Thursday, February 29th. Finally, Scotiabank raised shares of Mosaic from a “sector perform” rating to a “sector outperform” rating and set a $40.00 target price for the company in a research note on Thursday, February 22nd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $40.27.

Mosaic Stock Performance

Shares of Mosaic stock opened at $29.92 on Thursday. The firm has a fifty day moving average of $31.54 and a two-hundred day moving average of $33.16. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.57 and a current ratio of 1.22. The stock has a market capitalization of $9.62 billion, a price-to-earnings ratio of 8.57, a PEG ratio of 1.58 and a beta of 1.50. The Mosaic Company has a 52 week low of $29.25 and a 52 week high of $43.99.

Mosaic (NYSE:MOS) last announced its quarterly earnings data on Wednesday, May 1st. The basic materials company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.01). Mosaic had a return on equity of 9.69% and a net margin of 8.51%. The company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.88 billion. During the same period last year, the firm earned $1.14 earnings per share. The firm’s revenue for the quarter was down 25.7% on a year-over-year basis. As a group, equities research analysts predict that The Mosaic Company will post 2.79 EPS for the current year.

Mosaic Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 20th. Investors of record on Thursday, June 6th will be given a $0.21 dividend. The ex-dividend date is Thursday, June 6th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.81%. Mosaic’s dividend payout ratio is 24.07%.

About Mosaic

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and Mosaic Fertilizantes. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names, as well as produces a double sulfate of potash magnesia product under K-Mag brand name.