5,112,277 Shares in The Mosaic Company $MOS Acquired by Nykredit A S

Nykredit A S bought a new position in shares of The Mosaic Company (NYSE:MOS) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,112,277 shares of the basic materials company’s stock, valued at approximately $108,329,000. Nykredit A S owned 1.61% of Mosaic as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Cary Street Partners Financial LLC lifted its stake in shares of Mosaic by 2.0% during the 4th quarter. Cary Street Partners Financial LLC now owns 19,604 shares of the basic materials company’s stock worth $472,000 after purchasing an additional 380 shares during the last quarter. NewEdge Advisors LLC grew its stake in Mosaic by 27.8% in the first quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock valued at $47,000 after purchasing an additional 380 shares during the last quarter. M&T Bank Corp grew its stake in Mosaic by 2.3% in the fourth quarter. M&T Bank Corp now owns 21,101 shares of the basic materials company’s stock valued at $508,000 after purchasing an additional 466 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in Mosaic by 51.4% in the second quarter. Geneos Wealth Management Inc. now owns 1,447 shares of the basic materials company’s stock worth $53,000 after purchasing an additional 491 shares in the last quarter. Finally, Fulcrum Asset Management LLP raised its holdings in Mosaic by 17.2% in the fourth quarter. Fulcrum Asset Management LLP now owns 3,529 shares of the basic materials company’s stock worth $85,000 after purchasing an additional 518 shares in the last quarter. Institutional investors own 77.54% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on MOS shares. Scotiabank reissued an “outperform” rating and set a $30.00 price target on shares of Mosaic in a research report on Tuesday, May 19th. Royal Bank Of Canada upgraded shares of 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. 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. Barclays lowered their target price on shares of Mosaic from $31.00 to $26.00 and set an “equal weight” rating for the company in a research note on Monday, May 18th. Finally, Freedom Capital lowered shares of Mosaic from a “strong-buy” rating to a “strong sell” rating in a report on Thursday, August 13th. Seven equities research 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. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $27.17.

Mosaic Price Performance

Shares of NYSE MOS opened at $25.79 on Thursday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.43 and a current ratio of 1.34. The company has a market cap of $8.20 billion, a PE ratio of -12.77, a P/E/G ratio of 4.48 and a beta of 0.83. The business has a 50-day simple moving average of $22.57 and a two-hundred day simple moving average of $23.96. The Mosaic Company has a fifty-two week low of $19.80 and a fifty-two week high of $36.99.

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

Mosaic Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Thursday, September 10th. Mosaic’s payout ratio is currently -43.56%.

Insiders Place Their Bets

In other Mosaic news, SVP Walter F. Precourt III sold 23,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $22.12, for a total transaction of $508,760.00. Following the transaction, the senior vice president owned 116,198 shares in the company, valued at approximately $2,570,299.76. This represents a 16.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.31% of the company’s stock.

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.