The Mosaic Company $MOS Shares Purchased by Barclays PLC

Barclays PLC boosted its stake in shares of The Mosaic Company (NYSE:MOS) by 55.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,606,609 shares of the basic materials company’s stock after acquiring an additional 574,352 shares during the quarter. Barclays PLC owned about 0.51% of Mosaic worth $55,717,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. grew its stake in shares of Mosaic by 172.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 684 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 433 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Mosaic by 169.3% during the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 601 shares during the last quarter. Rothschild Investment LLC raised its stake in shares of Mosaic by 650.0% during the second quarter. Rothschild Investment LLC now owns 750 shares of the basic materials company’s stock worth $27,000 after purchasing an additional 650 shares during the last quarter. Rexford Capital Inc. acquired a new stake in shares of Mosaic during the second quarter worth $28,000. Finally, True Wealth Design LLC lifted its holdings in shares of Mosaic by 1,819.0% during the third quarter. True Wealth Design LLC now owns 806 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 764 shares during the period. 77.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on MOS shares. BNP Paribas Exane dropped their price objective on shares of Mosaic from $43.00 to $35.00 and set an “outperform” rating on the stock in a research note on Monday, November 24th. Zacks Research upgraded shares of Mosaic from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 9th. Barclays reaffirmed an “equal weight” rating and issued a $31.00 target price on shares of Mosaic in a report on Tuesday, March 3rd. UBS Group cut their price target on shares of Mosaic from $38.00 to $33.00 and set a “buy” rating for the company in a report on Monday, January 12th. Finally, JPMorgan Chase & Co. downgraded shares of Mosaic from a “neutral” rating to an “underweight” rating and set a $24.00 price objective for the company. in a research report on Thursday, February 26th. Six investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Mosaic currently has a consensus rating of “Hold” and an average price target of $30.94.

Mosaic Price Performance

Shares of NYSE MOS opened at $26.94 on Tuesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.47 and a current ratio of 1.32. The Mosaic Company has a one year low of $22.36 and a one year high of $38.23. The firm has a market capitalization of $8.55 billion, a P/E ratio of 15.94, a PEG ratio of 1.54 and a beta of 0.95. The company’s fifty day moving average is $27.50 and its two-hundred day moving average is $28.46.

Mosaic (NYSE:MOS) last announced its quarterly earnings results on Tuesday, February 24th. The basic materials company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.26). Mosaic had a net margin of 4.49% and a return on equity of 5.80%. The company had revenue of $2.97 billion during the quarter, compared to analysts’ expectations of $3.02 billion. During the same quarter in the prior year, the business earned $0.45 EPS. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. Analysts forecast that The Mosaic Company will post 2.04 EPS for the current fiscal year.

Mosaic Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Thursday, May 21st will be issued a $0.22 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $0.88 dividend on an annualized basis and a yield of 3.3%. Mosaic’s dividend payout ratio (DPR) is 52.07%.

Mosaic Company 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.