The Mosaic Company $MOS Shares Purchased by Moran Wealth Management LLC

Moran Wealth Management LLC boosted its position in The Mosaic Company (NYSE:MOS) by 65.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 82,477 shares of the basic materials company’s stock after buying an additional 32,684 shares during the period. Moran Wealth Management LLC’s holdings in Mosaic were worth $2,103,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC lifted its stake in Mosaic by 632.6% during the 3rd quarter. AQR Capital Management LLC now owns 8,447,324 shares of the basic materials company’s stock valued at $291,348,000 after acquiring an additional 7,294,205 shares during the period. Norges Bank purchased a new stake in shares of Mosaic in the 4th quarter valued at $103,129,000. Invesco Ltd. increased its stake in shares of Mosaic by 28.9% in the fourth quarter. Invesco Ltd. now owns 11,840,398 shares of the basic materials company’s stock worth $285,235,000 after acquiring an additional 2,653,969 shares during the period. Merewether Investment Management LP acquired a new stake in shares of Mosaic in the second quarter worth $72,380,000. Finally, Randolph Co Inc purchased a new position in shares of Mosaic during the fourth quarter worth $33,264,000. Institutional investors and hedge funds own 77.54% of the company’s stock.

Mosaic Stock Performance

Shares of NYSE MOS opened at $21.09 on Monday. The company’s fifty day moving average price is $22.40 and its 200 day moving average price is $25.10. The Mosaic Company has a 1 year low of $19.80 and a 1 year high of $38.23. The company has a market capitalization of $6.70 billion, a PE ratio of 162.28, a price-to-earnings-growth ratio of 2.51 and a beta of 0.82. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.45 and a current ratio of 1.25.

Mosaic (NYSE:MOS) last released its quarterly earnings data on Monday, May 11th. The basic materials company reported $0.05 earnings per share 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 firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.93 billion. During the same period in the previous year, the firm posted $0.49 EPS. The firm’s quarterly revenue was up 14.4% on a year-over-year basis. On average, research analysts predict that The Mosaic Company will post 0.83 earnings per share for the current year.

Wall Street Analysts Forecast Growth

MOS has been the subject of a number of research reports. Mizuho decreased their target price on shares of Mosaic from $27.00 to $24.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Berenberg Bank cut their price target on Mosaic from $28.00 to $27.00 and set a “hold” rating on the stock in a research report on Tuesday, May 19th. Morgan Stanley reduced their price objective on Mosaic from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Tuesday, June 30th. Weiss Ratings cut Mosaic from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, May 12th. Finally, BNP Paribas Exane lowered their target price on Mosaic from $29.00 to $27.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $27.11.

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.