The Mosaic Company $MOS Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lifted its holdings in The Mosaic Company (NYSE:MOS) by 157.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 91,537 shares of the basic materials company’s stock after purchasing an additional 55,931 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Mosaic were worth $1,940,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Thompson Siegel & Walmsley LLC grew its position in shares of 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 worth $71,746,000 after acquiring an additional 785,057 shares during the last quarter. California State Teachers Retirement System boosted its stake in Mosaic by 22.2% during the 1st quarter. California State Teachers Retirement System now owns 366,466 shares of the basic materials company’s stock valued at $9,345,000 after purchasing an additional 66,608 shares during the period. Tejara Capital Ltd acquired a new position in Mosaic during the 2nd quarter valued at about $1,301,000. Bank of America Corp DE grew its position in Mosaic by 7.4% in the 1st quarter. Bank of America Corp DE now owns 2,486,973 shares of the basic materials company’s stock worth $63,418,000 after purchasing an additional 170,724 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in shares of Mosaic by 214.9% in the second quarter. Assenagon Asset Management S.A. now owns 166,069 shares of the basic materials company’s stock valued at $3,519,000 after purchasing an additional 113,334 shares during the period. Institutional investors own 77.54% of the company’s stock.

Mosaic Stock Up 1.3%

MOS opened at $25.83 on Friday. 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 capitalization of $8.21 billion, a PE ratio of -12.79, a P/E/G ratio of 4.61 and a beta of 0.83. The stock’s fifty day moving average is $22.72 and its 200-day moving average is $23.95. The Mosaic Company has a one year low of $19.80 and a one year high of $36.99.

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

Mosaic Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th will be given a dividend of $0.22 per share. The ex-dividend date is Thursday, September 10th. This represents a $0.88 annualized dividend and a dividend yield of 3.4%. Mosaic’s dividend payout ratio (DPR) is -43.56%.

Analyst Upgrades and Downgrades

MOS has been the topic of a number of recent analyst reports. Mizuho set a $25.00 price target on Mosaic in a report on Wednesday, August 5th. Canadian Imperial Bank of Commerce set a $25.00 target price on Mosaic in a research report on Tuesday, May 12th. Wall Street Zen downgraded Mosaic from a “sell” rating to a “strong sell” rating in a research note on Sunday, July 12th. Weiss Ratings reissued a “sell (d)” rating on shares of Mosaic in a research note on Friday, August 7th. Finally, Morgan Stanley lowered their price target on Mosaic from $28.00 to $26.00 and set an “equal weight” rating on the stock in a report on Tuesday, June 30th. Seven research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Mosaic presently has a consensus rating of “Hold” and a consensus price target of $27.17.

Insider Activity

In other news, SVP Walter Precourt, III sold 23,000 shares of Mosaic stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $22.12, for a total value of $508,760.00. Following the transaction, the senior vice president owned 116,198 shares of the company’s stock, valued at $2,570,299.76. The trade was a 16.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.31% of the stock is owned by corporate insiders.

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.