MH & Associates Securities Management Corp ADV Takes $1.52 Million Position in The Mosaic Company $MOS

MH & Associates Securities Management Corp ADV purchased a new stake in The Mosaic Company (NYSE:MOS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 62,945 shares of the basic materials company’s stock, valued at approximately $1,516,000.

A number of other institutional investors also recently modified their holdings of MOS. Dorsey Wright & Associates bought a new stake in shares of Mosaic in the 3rd quarter valued at approximately $4,170,000. Wedge Capital Management L L P NC grew its holdings in shares of Mosaic by 87.5% in 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 purchasing an additional 175,914 shares during the last quarter. Barclays PLC grew its holdings in shares of Mosaic by 55.6% in the 3rd quarter. Barclays PLC now owns 1,606,609 shares of the basic materials company’s stock worth $55,717,000 after purchasing an additional 574,352 shares during the last quarter. Algert Global LLC grew its holdings in shares of Mosaic by 26.3% in the 3rd quarter. Algert Global LLC now owns 380,138 shares of the basic materials company’s stock worth $13,183,000 after purchasing an additional 79,222 shares during the last quarter. Finally, Assenagon Asset Management S.A. bought a new stake in shares of Mosaic in the 4th quarter worth about $1,302,000. Institutional investors own 77.54% of the company’s stock.

Analysts Set New Price Targets

MOS has been the topic of several analyst reports. The Goldman Sachs Group upped their target price on shares of Mosaic from $30.00 to $32.00 and gave the stock a “buy” rating in a report on Wednesday, January 21st. Canadian Imperial Bank of Commerce upped their target price on shares of Mosaic from $29.00 to $32.00 and gave the stock a “neutral” rating in a report on Tuesday, March 17th. Freedom Capital lowered shares of Mosaic from a “hold” rating to a “strong sell” rating in a report on Thursday, March 19th. Weiss Ratings lowered shares of Mosaic from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday. Finally, Mizuho increased their price target on Mosaic from $28.00 to $30.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 25th. Four investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Mosaic has a consensus rating of “Hold” and a consensus target price of $30.27.

Mosaic Stock Up 0.9%

Shares of NYSE:MOS opened at $26.61 on Thursday. The Mosaic Company has a 12 month low of $22.46 and a 12 month high of $38.23. The company’s 50-day moving average price is $27.56 and its two-hundred day moving average price is $27.45. The company has a quick ratio of 0.47, a current ratio of 1.32 and a debt-to-equity ratio of 0.35. The firm has a market cap of $8.45 billion, a P/E ratio of 15.74, a P/E/G ratio of 2.67 and a beta of 0.95.

Mosaic (NYSE:MOS) last issued its quarterly earnings data on Tuesday, February 24th. The basic materials company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.26). Mosaic had a return on equity of 5.80% and a net margin of 4.49%.The company had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $3.02 billion. During the same period in the prior year, the company earned $0.45 EPS. The firm’s revenue was up 5.6% compared to the same quarter last year. As a group, research analysts forecast that The Mosaic Company will post 2.04 EPS for the current fiscal year.

Mosaic Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Thursday, May 21st will be given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Thursday, May 21st. Mosaic’s dividend payout ratio (DPR) is presently 52.07%.

Mosaic 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.