Hussman Strategic Advisors Inc. Invests $2.91 Million in The Mosaic Company $MOS

Hussman Strategic Advisors Inc. acquired a new stake in The Mosaic Company (NYSE:MOS) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 84,000 shares of the basic materials company’s stock, valued at approximately $2,913,000.

A number of other large investors have also bought and sold shares of MOS. First Horizon Advisors Inc. boosted its holdings in shares of Mosaic by 172.5% in the second quarter. First Horizon Advisors Inc. now owns 684 shares of the basic materials company’s stock valued at $25,000 after buying an additional 433 shares during the period. Rothschild Investment LLC lifted its position in Mosaic by 650.0% in the 2nd quarter. Rothschild Investment LLC now owns 750 shares of the basic materials company’s stock valued at $27,000 after acquiring an additional 650 shares in the last quarter. Rexford Capital Inc. acquired a new position in Mosaic in the 2nd quarter worth $28,000. True Wealth Design LLC increased its holdings in Mosaic by 1,819.0% during the 3rd quarter. True Wealth Design LLC now owns 806 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 764 shares in the last quarter. Finally, CYBER HORNET ETFs LLC bought a new position in Mosaic during the 2nd quarter worth about $31,000. 77.54% of the stock is owned by institutional investors.

Mosaic Trading Up 0.5%

NYSE MOS opened at $28.47 on Wednesday. The company has a market cap of $9.04 billion, a PE ratio of 7.38, a PEG ratio of 1.28 and a beta of 0.94. The company has a current ratio of 1.14, a quick ratio of 0.40 and a debt-to-equity ratio of 0.26. The Mosaic Company has a 12 month low of $22.36 and a 12 month high of $38.23. The stock has a 50 day moving average of $25.13 and a 200-day moving average of $29.71.

Mosaic (NYSE:MOS) last issued its earnings results on Tuesday, November 4th. The basic materials company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.01. The business had revenue of $3.45 billion for the quarter, compared to the consensus estimate of $3.87 billion. Mosaic had a net margin of 10.33% and a return on equity of 6.46%. The firm’s revenue for the quarter was up 22.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.34 earnings per share. On average, equities research analysts anticipate that The Mosaic Company will post 2.04 EPS for the current fiscal year.

Mosaic Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Monday, March 9th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 3.1%. The ex-dividend date is Monday, March 9th. Mosaic’s dividend payout ratio (DPR) is 22.80%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. UBS Group reduced their price objective on Mosaic from $38.00 to $33.00 and set a “buy” rating for the company in a research report on Monday, January 12th. Barclays cut their target price on Mosaic from $35.00 to $31.00 and set an “overweight” rating on the stock in a research note on Tuesday, December 9th. Bank of America decreased their price target on shares of Mosaic from $39.00 to $33.00 and set a “buy” rating for the company in a research note on Thursday, January 8th. Oppenheimer set a $35.00 price objective on shares of Mosaic in a research report on Friday, January 16th. Finally, BNP Paribas Exane decreased their target price on shares of Mosaic from $43.00 to $35.00 and set an “outperform” rating for the company in a research report on Monday, November 24th. Six research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $31.50.

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.