Pallas Capital Advisors LLC bought a new stake in shares of The Mosaic Company (NYSE:MOS – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 37,040 shares of the basic materials company’s stock, valued at approximately $785,000.
Other institutional investors have also bought and sold shares of the company. Thompson Siegel & Walmsley LLC lifted 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 valued at $71,746,000 after purchasing an additional 785,057 shares in the last quarter. California State Teachers Retirement System grew its position in Mosaic by 22.2% in the 1st quarter. California State Teachers Retirement System now owns 366,466 shares of the basic materials company’s stock worth $9,345,000 after purchasing an additional 66,608 shares in the last quarter. Vanguard Group Inc. increased its stake in Mosaic by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 39,123,171 shares of the basic materials company’s stock valued at $942,477,000 after buying an additional 461,524 shares during the last quarter. Bank of America Corp DE increased its stake 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 valued at $63,418,000 after buying an additional 170,724 shares during the last quarter. Finally, Royal Bank of Canada lifted its position in shares of Mosaic by 18.6% during the 1st quarter. Royal Bank of Canada now owns 401,445 shares of the basic materials company’s stock worth $10,237,000 after buying an additional 62,883 shares in the last quarter. Institutional investors own 77.54% of the company’s stock.
Wall Street Analysts Forecast Growth
MOS has been the topic of a number of research analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Mosaic in a research note on Friday, August 7th. Morgan Stanley decreased their price target on Mosaic from $28.00 to $26.00 and set an “equal weight” rating for the company in a research report on Tuesday, June 30th. Wells Fargo & Company dropped their price target on Mosaic from $25.00 to $22.00 and set an “equal weight” rating on the stock in a report on Thursday, May 14th. Canadian Imperial Bank of Commerce set a $25.00 price objective on Mosaic in a research report on Tuesday, May 12th. Finally, Wall Street Zen downgraded Mosaic from a “sell” rating to a “strong sell” rating in a research note on Sunday, July 12th. Seven equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $27.17.
Mosaic Stock Down 0.4%
Mosaic stock opened at $21.15 on Wednesday. The Mosaic Company has a twelve month low of $19.80 and a twelve month high of $36.99. The firm has a 50 day moving average price of $22.08 and a 200-day moving average price of $24.33. The company has a market capitalization of $6.72 billion, a P/E ratio of -10.47, a P/E/G ratio of 3.78 and a beta of 0.82. The company has a quick ratio of 0.43, a current ratio of 1.34 and a debt-to-equity ratio of 0.41.
Mosaic (NYSE:MOS – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.01. The company had revenue of $2.82 billion during the quarter, compared to analyst estimates of $3.10 billion. Mosaic had a negative net margin of 5.21% and a positive return on equity of 3.77%. Mosaic’s quarterly revenue was down 6.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.51 EPS. As a group, equities analysts predict that The Mosaic Company will post 0.56 EPS for the current year.
Mosaic Company 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.
Featured Stories
- Five stocks we like better than Mosaic
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
Receive News & Ratings for Mosaic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mosaic and related companies with MarketBeat.com's FREE daily email newsletter.
