Yousif Capital Management LLC Has $1.44 Million Stake in The Mosaic Company (NYSE:MOS)

Yousif Capital Management LLC grew its holdings in The Mosaic Company (NYSE:MOS) by 1.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 53,172 shares of the basic materials company’s stock after purchasing an additional 685 shares during the quarter. Yousif Capital Management LLC’s holdings in Mosaic were worth $1,436,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. NBC Securities Inc. acquired a new position in Mosaic during the 1st quarter worth $26,000. Heck Capital Advisors LLC acquired a new position in shares of Mosaic during the 4th quarter worth about $41,000. Ethos Financial Group LLC acquired a new position in shares of Mosaic during the 4th quarter worth about $55,000. ANTIPODES PARTNERS Ltd lifted its stake in Mosaic by 115.1% in the 4th quarter. ANTIPODES PARTNERS Ltd now owns 3,166 shares of the basic materials company’s stock valued at $78,000 after purchasing an additional 1,694 shares during the last quarter. Finally, Huntington National Bank raised its holdings in Mosaic by 54.1% in the 4th quarter. Huntington National Bank now owns 3,374 shares of the basic materials company’s stock valued at $83,000 after acquiring an additional 1,185 shares during the period. 77.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

MOS has been the topic of a number of recent analyst reports. Oppenheimer lifted their price objective on shares of Mosaic from $33.00 to $40.00 and gave the company an “outperform” rating in a research note on Tuesday, May 13th. Barclays reissued an “overweight” rating and set a $40.00 price objective (up previously from $33.00) on shares of Mosaic in a research report on Wednesday, May 14th. Piper Sandler reaffirmed a “neutral” rating and issued a $30.00 price target on shares of Mosaic in a research report on Thursday, March 27th. UBS Group lifted their target price on shares of Mosaic from $28.00 to $31.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 7th. Finally, Mizuho reduced their price objective on shares of Mosaic from $29.00 to $28.00 and set a “neutral” rating for the company in a research note on Monday, March 3rd. Seven analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Mosaic has an average rating of “Moderate Buy” and an average target price of $34.58.

Insider Transactions at Mosaic

In other Mosaic news, SVP Walter F. Precourt III sold 18,000 shares of the stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $35.73, for a total value of $643,140.00. Following the transaction, the senior vice president now directly owns 128,546 shares in the company, valued at $4,592,948.58. This represents a 12.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.50% of the company’s stock.

Mosaic Stock Up 0.6%

MOS stock opened at $35.97 on Tuesday. The firm has a 50 day moving average of $32.03 and a 200 day moving average of $28.12. The stock has a market capitalization of $11.41 billion, a PE ratio of 31.84, a price-to-earnings-growth ratio of 1.42 and a beta of 1.14. The company has a quick ratio of 0.49, a current ratio of 1.19 and a debt-to-equity ratio of 0.27. The Mosaic Company has a 52 week low of $22.36 and a 52 week high of $37.69.

Mosaic (NYSE:MOS) last posted its earnings results on Tuesday, May 6th. The basic materials company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.04. Mosaic had a net margin of 3.24% and a return on equity of 6.00%. The firm had revenue of $2.62 billion during the quarter, compared to analysts’ expectations of $2.70 billion. During the same period in the previous year, the business posted $0.65 EPS. The business’s revenue was down 2.2% compared to the same quarter last year. Sell-side analysts forecast that The Mosaic Company will post 2.04 earnings per share for the current year.

Mosaic Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Stockholders of record on Thursday, June 5th will be issued a $0.22 dividend. The ex-dividend date is Thursday, June 5th. This represents a $0.88 annualized dividend and a dividend yield of 2.45%. Mosaic’s dividend payout ratio is currently 75.86%.

Mosaic Company Profile

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and Mosaic Fertilizantes. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names, as well as produces a double sulfate of potash magnesia product under K-Mag brand name.