The Mosaic Company $MOS Shares Purchased by Barclays PLC

Barclays PLC boosted its position in shares of The Mosaic Company (NYSE:MOS) by 55.6% during the third quarter, Holdings Channel reports. The firm owned 1,606,609 shares of the basic materials company’s stock after buying an additional 574,352 shares during the quarter. Barclays PLC’s holdings in Mosaic were worth $55,717,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of MOS. Fiduciary Alliance LLC purchased a new position in Mosaic during the 3rd quarter valued at about $1,969,000. Hussman Strategic Advisors Inc. purchased a new stake in shares of Mosaic in the third quarter valued at about $2,913,000. Scotia Capital Inc. grew its position in shares of Mosaic by 395.1% in the second quarter. Scotia Capital Inc. now owns 87,556 shares of the basic materials company’s stock valued at $3,194,000 after purchasing an additional 69,873 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its position in shares of Mosaic by 65.7% in the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 157,267 shares of the basic materials company’s stock valued at $5,682,000 after purchasing an additional 62,338 shares during the last quarter. Finally, Gradient Investments LLC purchased a new position in shares of Mosaic during the 3rd quarter worth approximately $12,678,000. Institutional investors and hedge funds own 77.54% of the company’s stock.

Mosaic Trading Up 2.4%

Shares of MOS opened at $26.94 on Tuesday. The stock has a fifty day moving average of $27.50 and a two-hundred day moving average of $28.46. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.47 and a current ratio of 1.32. The company has a market capitalization of $8.55 billion, a PE ratio of 15.94, a price-to-earnings-growth ratio of 1.54 and a beta of 0.95. The Mosaic Company has a fifty-two week low of $22.36 and a fifty-two week high of $38.23.

Mosaic (NYSE:MOS) last posted its quarterly earnings data on Tuesday, February 24th. The basic materials company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.26). The business had revenue of $2.97 billion for the quarter, compared to analyst estimates of $3.02 billion. Mosaic had a return on equity of 5.80% and a net margin of 4.49%.Mosaic’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.45 EPS. As a group, analysts forecast that The Mosaic Company will post 2.04 EPS for the current year.

Mosaic Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Thursday, May 21st will be given a dividend of $0.22 per share. The ex-dividend date is Thursday, May 21st. This represents a $0.88 annualized dividend and a yield of 3.3%. Mosaic’s dividend payout ratio is 52.07%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on MOS shares. UBS Group reduced their target price on Mosaic from $38.00 to $33.00 and set a “buy” rating on the stock in a research note on Monday, January 12th. Morgan Stanley cut their price target on Mosaic from $35.00 to $28.00 and set an “equal weight” rating for the company in a report on Thursday, February 26th. Weiss Ratings downgraded Mosaic from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, March 2nd. The Goldman Sachs Group increased their price objective on Mosaic from $30.00 to $32.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. Finally, Barclays reiterated an “equal weight” rating and set a $31.00 price objective on shares of Mosaic in a research report on Tuesday, March 3rd. Six research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $30.94.

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.