Cwm LLC Cuts Stock Position in The Mosaic Company (NYSE:MOS)

Cwm LLC lessened its position in The Mosaic Company (NYSE:MOS) by 91.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,456 shares of the basic materials company’s stock after selling 87,758 shares during the quarter. Cwm LLC’s holdings in Mosaic were worth $302,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Janiczek Wealth Management LLC raised its holdings in shares of Mosaic by 28.0% in the 4th quarter. Janiczek Wealth Management LLC now owns 1,455 shares of the basic materials company’s stock valued at $52,000 after buying an additional 318 shares during the period. AdvisorNet Financial Inc grew its stake in Mosaic by 14.5% during the 4th quarter. AdvisorNet Financial Inc now owns 2,582 shares of the basic materials company’s stock worth $92,000 after purchasing an additional 327 shares in the last quarter. Denali Advisors LLC grew its stake in Mosaic by 100.5% during the 4th quarter. Denali Advisors LLC now owns 826 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 414 shares in the last quarter. Moors & Cabot Inc. grew its stake in Mosaic by 4.2% during the 3rd quarter. Moors & Cabot Inc. now owns 10,500 shares of the basic materials company’s stock worth $374,000 after purchasing an additional 419 shares in the last quarter. Finally, Wahed Invest LLC grew its stake in Mosaic by 9.5% during the 3rd quarter. Wahed Invest LLC now owns 5,200 shares of the basic materials company’s stock worth $185,000 after purchasing an additional 449 shares in the last quarter. Hedge funds and other institutional investors own 77.54% of the company’s stock.

Mosaic Stock Down 5.1 %

Shares of NYSE MOS opened at $28.41 on Friday. The stock has a market cap of $9.14 billion, a PE ratio of 8.14, a price-to-earnings-growth ratio of 1.61 and a beta of 1.50. The company has a quick ratio of 0.57, a current ratio of 1.22 and a debt-to-equity ratio of 0.26. The Mosaic Company has a 52-week low of $27.83 and a 52-week high of $43.85. The business has a 50-day moving average price of $31.46 and a 200 day moving average price of $33.13.

Mosaic (NYSE:MOS) last announced its earnings results on Wednesday, May 1st. The basic materials company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.01). The firm had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.88 billion. Mosaic had a net margin of 8.51% and a return on equity of 9.69%. The firm’s revenue for the quarter was down 25.7% compared to the same quarter last year. During the same period last year, the company earned $1.14 earnings per share. Equities research analysts forecast that The Mosaic Company will post 2.78 earnings per share for the current year.

Mosaic Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Shareholders of record on Thursday, June 6th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 2.96%. The ex-dividend date is Thursday, June 6th. Mosaic’s dividend payout ratio is presently 24.07%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on MOS shares. Scotiabank raised Mosaic from a “sector perform” rating to a “sector outperform” rating and set a $40.00 target price for the company in a research note on Thursday, February 22nd. The Goldman Sachs Group lowered their target price on Mosaic from $54.00 to $48.00 and set a “buy” rating for the company in a research note on Thursday, February 1st. Piper Sandler cut Mosaic from a “neutral” rating to an “underweight” rating and lowered their target price for the stock from $42.00 to $32.00 in a research note on Thursday, February 29th. TheStreet cut Mosaic from a “b-” rating to a “c+” rating in a research report on Tuesday, February 6th. Finally, Wolfe Research assumed coverage on Mosaic in a research report on Friday, March 1st. They set an “outperform” rating and a $39.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $40.27.

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.