Caerus Investment Advisors LLC Makes New Investment in The Mosaic Company $MOS

Caerus Investment Advisors LLC purchased a new stake in shares of The Mosaic Company (NYSE:MOS) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 20,542 shares of the basic materials company’s stock, valued at approximately $712,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. NewEdge Advisors LLC raised its stake in Mosaic by 27.8% in the 1st quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock worth $47,000 after acquiring an additional 380 shares during the last quarter. United Services Automobile Association purchased a new stake in Mosaic during the 1st quarter valued at about $201,000. Empowered Funds LLC increased its holdings in shares of Mosaic by 170.5% in the first quarter. Empowered Funds LLC now owns 54,176 shares of the basic materials company’s stock valued at $1,463,000 after purchasing an additional 34,151 shares during the period. Woodline Partners LP increased its holdings in shares of Mosaic by 40.7% in the first quarter. Woodline Partners LP now owns 26,836 shares of the basic materials company’s stock valued at $725,000 after purchasing an additional 7,760 shares during the period. Finally, Geneos Wealth Management Inc. raised its stake 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 worth $26,000 after purchasing an additional 601 shares during the last quarter. Hedge funds and other institutional investors own 77.54% of the company’s stock.

Mosaic Stock Up 4.2%

MOS opened at $28.83 on Wednesday. The company has a fifty day moving average of $28.01 and a two-hundred day moving average of $28.27. The stock has a market capitalization of $9.15 billion, a price-to-earnings ratio of 17.06, a PEG ratio of 1.64 and a beta of 0.95. The Mosaic Company has a fifty-two week low of $22.36 and a fifty-two week high of $38.23. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.47 and a current ratio of 1.32.

Mosaic (NYSE:MOS) last posted its earnings results on Tuesday, February 24th. The basic materials company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.26). Mosaic had a return on equity of 5.80% and a net margin of 4.49%.The firm had revenue of $2.97 billion for the quarter, compared to analysts’ expectations of $3.02 billion. During the same period in the previous year, the company earned $0.45 earnings per share. The company’s revenue was up 5.6% compared to the same quarter last year. On average, research analysts expect that The Mosaic Company will post 2.04 earnings per share for the current year.

Mosaic Dividend Announcement

The firm also recently disclosed 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. This represents a $0.88 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Thursday, May 21st. Mosaic’s dividend payout ratio (DPR) is presently 52.07%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. BNP Paribas Exane dropped their target price on Mosaic from $43.00 to $35.00 and set an “outperform” rating on the stock in a research report on Monday, November 24th. Royal Bank Of Canada reduced their price target on shares of Mosaic from $29.00 to $28.00 and set a “sector perform” rating for the company in a research report on Thursday, February 26th. Morgan Stanley decreased their price objective on shares of Mosaic from $35.00 to $28.00 and set an “equal weight” rating for the company in a research note on Thursday, February 26th. Scotiabank dropped their price objective on shares of Mosaic from $36.00 to $35.00 and set a “sector outperform” rating on the stock in a report on Monday, March 2nd. Finally, The Goldman Sachs Group increased their price objective on shares of Mosaic from $30.00 to $32.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Six equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $30.94.

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.