The Mosaic Company $MOS Shares Bought by Goehring & Rozencwajg Associates LLC

Goehring & Rozencwajg Associates LLC lifted its stake in shares of The Mosaic Company (NYSE:MOS) by 104.5% during the 1st quarter, HoldingsChannel reports. The fund owned 922,305 shares of the basic materials company’s stock after acquiring an additional 471,259 shares during the period. Mosaic accounts for 1.3% of Goehring & Rozencwajg Associates LLC’s portfolio, making the stock its 26th largest position. Goehring & Rozencwajg Associates LLC’s holdings in Mosaic were worth $23,519,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of MOS. Dorsey Wright & Associates purchased a new stake in shares of Mosaic during the 3rd quarter valued at $4,170,000. Wedge Capital Management L L P NC raised its position 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 buying an additional 175,914 shares during the period. Assenagon Asset Management S.A. acquired a new position in Mosaic in the fourth quarter valued at $1,302,000. Thompson Siegel & Walmsley LLC grew its position in Mosaic by 35.8% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 2,978,232 shares of the basic materials company’s stock valued at $71,746,000 after acquiring an additional 785,057 shares during the period. Finally, Vanguard Group Inc. grew its position in Mosaic by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 39,123,171 shares of the basic materials company’s stock valued at $942,477,000 after acquiring an additional 461,524 shares during the period. 77.54% of the stock is owned by institutional investors and hedge funds.

Mosaic Trading Up 0.5%

Shares of MOS opened at $23.06 on Thursday. The Mosaic Company has a 12 month low of $19.80 and a 12 month high of $37.53. The stock’s 50-day moving average is $22.11 and its two-hundred day moving average is $24.97. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 0.45. The stock has a market cap of $7.32 billion, a PE ratio of 177.40, a P/E/G ratio of 2.73 and a beta of 0.82.

Mosaic (NYSE:MOS) last posted its earnings results on Monday, May 11th. The basic materials company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.15). The company had revenue of $3 billion during the quarter, compared to analyst estimates of $2.93 billion. Mosaic had a net margin of 0.36% and a return on equity of 4.66%. Mosaic’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.49 EPS. Equities analysts forecast that The Mosaic Company will post 0.83 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on MOS. Zacks Research downgraded Mosaic from a “hold” rating to a “strong sell” rating in a report on Friday, June 19th. Barclays decreased their target price on Mosaic from $31.00 to $26.00 and set an “equal weight” rating for the company in a report on Monday, May 18th. Berenberg Bank dropped their target price on shares of Mosaic from $28.00 to $27.00 and set a “hold” rating for the company in a research report on Tuesday, May 19th. Freedom Capital upgraded shares of Mosaic from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, June 17th. Finally, HSBC reduced their price target on shares of Mosaic from $26.00 to $23.00 and set a “hold” rating on the stock in a research report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Mosaic presently has an average rating of “Hold” and a consensus price target of $27.11.

About Mosaic

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.