The Mosaic Company (NYSE:MOS) Shares Bought by Humankind Investments LLC

Humankind Investments LLC increased its position in The Mosaic Company (NYSE:MOS) by 9.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 103,532 shares of the basic materials company’s stock after buying an additional 8,889 shares during the quarter. Mosaic comprises approximately 0.6% of Humankind Investments LLC’s holdings, making the stock its 24th largest position. Humankind Investments LLC’s holdings in Mosaic were worth $2,545,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Invesco Ltd. boosted its stake in shares of Mosaic by 29.3% during the 4th quarter. Invesco Ltd. now owns 13,507,131 shares of the basic materials company’s stock worth $332,005,000 after acquiring an additional 3,058,243 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Mosaic by 24.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 11,041,218 shares of the basic materials company’s stock valued at $271,382,000 after purchasing an additional 2,151,426 shares during the period. Geode Capital Management LLC increased its stake in Mosaic by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 8,621,001 shares of the basic materials company’s stock worth $218,751,000 after purchasing an additional 269,650 shares in the last quarter. Northern Trust Corp raised its holdings in Mosaic by 5.9% during the 4th quarter. Northern Trust Corp now owns 5,171,642 shares of the basic materials company’s stock worth $127,119,000 after buying an additional 287,493 shares during the period. Finally, Norges Bank purchased a new stake in Mosaic during the fourth quarter valued at about $97,363,000. Institutional investors own 77.54% of the company’s stock.

Mosaic Trading Up 1.3 %

Shares of MOS opened at $32.67 on Friday. The stock has a 50 day simple moving average of $27.13 and a 200-day simple moving average of $26.54. The company has a current ratio of 1.19, a quick ratio of 0.49 and a debt-to-equity ratio of 0.27. The stock has a market cap of $10.35 billion, a PE ratio of 28.91, a PEG ratio of 1.42 and a beta of 1.09. The Mosaic Company has a 1 year low of $22.36 and a 1 year high of $32.71.

Mosaic (NYSE:MOS) last posted its quarterly earnings data on Tuesday, May 6th. The basic materials company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.04. Mosaic had a net margin of 3.24% and a return on equity of 6.00%. The company had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.70 billion. During the same quarter last year, the business posted $0.65 earnings per share. The company’s revenue was down 2.2% on a year-over-year basis. On average, sell-side analysts predict that The Mosaic Company will post 2.04 EPS for the current fiscal year.

Mosaic Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Investors of record on Thursday, June 5th will be paid a dividend of $0.22 per share. The ex-dividend date is Thursday, June 5th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.69%. Mosaic’s dividend payout ratio (DPR) is presently 160.00%.

Analyst Upgrades and Downgrades

MOS has been the topic of a number of recent analyst reports. Piper Sandler restated a “neutral” rating and set a $30.00 price target on shares of Mosaic in a report on Thursday, March 27th. BNP Paribas upgraded shares of Mosaic to a “strong-buy” rating in a report on Wednesday, April 9th. Wells Fargo & Company boosted their target price on Mosaic from $26.00 to $28.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 19th. The Goldman Sachs Group began coverage on shares of Mosaic in a research note on Thursday, March 13th. They set a “buy” rating and a $31.00 price target on the stock. Finally, Mizuho cut their price objective on Mosaic from $29.00 to $28.00 and set a “neutral” rating on the stock in a research note on Monday, March 3rd. Six equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $32.17.

Mosaic Company Profile

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.