Colrain Capital LLC Boosts Stock Position in The Mosaic Company $MOS

Colrain Capital LLC boosted its position in shares of The Mosaic Company (NYSE:MOS) by 22.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 279,275 shares of the basic materials company’s stock after buying an additional 51,275 shares during the quarter. Mosaic accounts for approximately 5.5% of Colrain Capital LLC’s investment portfolio, making the stock its 7th largest position. Colrain Capital LLC owned approximately 0.09% of Mosaic worth $9,685,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. NewEdge Advisors LLC boosted its position in shares of Mosaic by 27.8% during the 1st quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock valued at $47,000 after purchasing an additional 380 shares in the last quarter. United Services Automobile Association bought a new stake in Mosaic during the first quarter worth approximately $201,000. Empowered Funds LLC boosted its holdings in Mosaic by 170.5% during the first quarter. Empowered Funds LLC now owns 54,176 shares of the basic materials company’s stock worth $1,463,000 after buying an additional 34,151 shares in the last quarter. Woodline Partners LP grew its position in Mosaic by 40.7% in the first quarter. Woodline Partners LP now owns 26,836 shares of the basic materials company’s stock worth $725,000 after buying an additional 7,760 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Mosaic by 169.3% in the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock valued at $26,000 after buying an additional 601 shares in the last quarter. 77.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MOS has been the subject of several research reports. Scotiabank raised Mosaic from a “sector perform” rating to a “sector outperform” rating and set a $36.00 price objective for the company in a research note on Monday, February 2nd. HSBC dropped their price target on Mosaic from $35.00 to $26.00 and set a “hold” rating on the stock in a research note on Monday, November 24th. Weiss Ratings restated a “hold (c-)” rating on shares of Mosaic in a report on Monday, December 29th. The Goldman Sachs Group raised their target price on shares of Mosaic from $30.00 to $32.00 and gave the stock a “buy” rating in a report on Wednesday, January 21st. Finally, Mizuho dropped their target price on shares of Mosaic from $31.00 to $28.00 and set a “neutral” rating on the stock in a research report on Thursday, December 18th. Seven analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $31.50.

Mosaic Price Performance

Shares of MOS opened at $29.64 on Tuesday. The business’s 50-day moving average is $26.45 and its 200-day moving average is $28.98. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.40. The company has a market capitalization of $9.41 billion, a price-to-earnings ratio of 7.68, a P/E/G ratio of 1.38 and a beta of 0.97. The Mosaic Company has a fifty-two week low of $22.36 and a fifty-two week high of $38.23.

Mosaic Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Monday, March 9th will be given a $0.22 dividend. The ex-dividend date is Monday, March 9th. This represents a $0.88 dividend on an annualized basis and a yield of 3.0%. Mosaic’s dividend payout ratio is presently 22.80%.

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.