The Mosaic Company $MOS Shares Acquired by AXQ Capital LP

AXQ Capital LP grew its holdings in The Mosaic Company (NYSE:MOS) by 485.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 62,963 shares of the basic materials company’s stock after acquiring an additional 52,204 shares during the quarter. AXQ Capital LP’s holdings in Mosaic were worth $1,517,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in MOS. Geneos Wealth Management Inc. boosted its holdings in Mosaic by 169.3% in the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 601 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Mosaic in the second quarter worth about $31,000. MUFG Securities EMEA plc acquired a new stake in Mosaic in the second quarter worth about $34,000. Torren Management LLC acquired a new stake in Mosaic in the fourth quarter worth about $35,000. Finally, Smartleaf Asset Management LLC boosted its holdings in Mosaic by 57.6% in the third quarter. Smartleaf Asset Management LLC now owns 1,135 shares of the basic materials company’s stock worth $39,000 after acquiring an additional 415 shares in the last quarter. Institutional investors and hedge funds own 77.54% of the company’s stock.

Mosaic Stock Down 2.7%

Mosaic stock opened at $23.26 on Tuesday. The stock has a market capitalization of $7.38 billion, a PE ratio of 178.91, a price-to-earnings-growth ratio of 2.83 and a beta of 0.79. The Mosaic Company has a 12 month low of $20.89 and a 12 month high of $38.23. The business has a 50 day simple moving average of $23.92 and a 200-day simple moving average of $25.54. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 0.45.

Mosaic (NYSE:MOS) last posted its quarterly earnings data on Monday, May 11th. The basic materials company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.15). Mosaic had a net margin of 0.36% and a return on equity of 4.66%. The business had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.93 billion. During the same quarter last year, the firm earned $0.49 earnings per share. The firm’s quarterly revenue was up 14.4% compared to the same quarter last year. On average, analysts anticipate that The Mosaic Company will post 0.83 EPS for the current fiscal year.

Mosaic Announces Dividend

The company also recently declared 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. This represents a $0.88 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Thursday, May 21st. Mosaic’s payout ratio is presently 676.92%.

Analysts Set New Price Targets

Several brokerages have weighed in on MOS. BMO Capital Markets lowered their price target on Mosaic from $35.00 to $31.00 and set an “outperform” rating for the company in a report on Thursday, May 21st. Wall Street Zen lowered Mosaic from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. Royal Bank Of Canada upgraded Mosaic from a “sector perform” rating to an “outperform” rating and dropped their target price for the company from $28.00 to $27.00 in a research report on Wednesday, May 13th. Bank of America lowered Mosaic from a “buy” rating to a “neutral” rating and dropped their target price for the company from $33.00 to $30.00 in a research report on Friday, March 20th. Finally, Scotiabank reiterated an “outperform” rating and issued a $30.00 target price on shares of Mosaic in a research report on Tuesday, May 19th. Six investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $27.47.

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.