Aegis Financial Corp Takes Position in The Mosaic Company $MOS

Aegis Financial Corp acquired a new position in shares of The Mosaic Company (NYSE:MOS) during the 4th quarter, Holdings Channel.com reports. The firm acquired 853,638 shares of the basic materials company’s stock, valued at approximately $20,564,000. Mosaic accounts for about 4.9% of Aegis Financial Corp’s investment portfolio, making the stock its 7th largest holding.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Empowered Funds LLC raised its holdings in shares of Mosaic by 1,816.0% during the fourth quarter. Empowered Funds LLC now owns 410,978 shares of the basic materials company’s stock worth $9,900,000 after purchasing an additional 389,528 shares during the period. Donald Smith & CO. Inc. boosted its holdings in shares of Mosaic by 25.2% in the 4th quarter. Donald Smith & CO. Inc. now owns 4,622,405 shares of the basic materials company’s stock valued at $111,354,000 after buying an additional 929,329 shares during the period. Metis Global Partners LLC grew its position in shares of Mosaic by 17.1% during the 4th quarter. Metis Global Partners LLC now owns 51,207 shares of the basic materials company’s stock valued at $1,234,000 after buying an additional 7,479 shares during the last quarter. Fox Run Management L.L.C. grew its position in shares of Mosaic by 22.4% during the 4th quarter. Fox Run Management L.L.C. now owns 42,295 shares of the basic materials company’s stock valued at $1,019,000 after buying an additional 7,745 shares during the last quarter. Finally, CenterBook Partners LP raised its stake in Mosaic by 286.9% during the fourth quarter. CenterBook Partners LP now owns 171,428 shares of the basic materials company’s stock worth $4,130,000 after acquiring an additional 127,125 shares during the period. Institutional investors and hedge funds own 77.54% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Scotiabank restated an “outperform” rating and issued a $30.00 target price on shares of Mosaic in a research note on Tuesday, May 19th. Weiss Ratings downgraded Mosaic from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, May 12th. Mizuho decreased their target price on Mosaic from $27.00 to $24.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Wells Fargo & Company decreased their target price on Mosaic from $25.00 to $22.00 and set an “equal weight” rating for the company in a research note on Thursday, May 14th. Finally, Wolfe Research decreased their target price on Mosaic from $37.00 to $36.00 and set an “outperform” rating for the company in a research note on Thursday, February 26th. Six 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 company currently has an average rating of “Hold” and an average price target of $27.47.

Mosaic Price Performance

Shares of NYSE:MOS opened at $21.19 on Friday. The Mosaic Company has a 12 month low of $19.80 and a 12 month high of $38.23. The stock has a market cap of $6.73 billion, a price-to-earnings ratio of 162.98, a PEG ratio of 2.34 and a beta of 0.79. The stock’s 50 day moving average price is $23.44 and its 200 day moving average price is $25.38. 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 announced its earnings results on Monday, May 11th. The basic materials company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.15). Mosaic had a return on equity of 4.66% and a net margin of 0.36%.The firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.93 billion. During the same period in the previous year, the firm earned $0.49 EPS. Mosaic’s revenue for the quarter was up 14.4% on a year-over-year basis. Equities research analysts anticipate that The Mosaic Company will post 0.83 earnings per share for the current fiscal year.

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.