Nisa Investment Advisors LLC Trims Stock Holdings in The Mosaic Company $MOS

Nisa Investment Advisors LLC lowered its holdings in The Mosaic Company (NYSE:MOS) by 48.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,756 shares of the basic materials company’s stock after selling 42,203 shares during the period. Nisa Investment Advisors LLC’s holdings in Mosaic were worth $1,078,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of MOS. NewEdge Advisors LLC grew 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 valued at $47,000 after buying an additional 380 shares in the last quarter. Foster Dykema Cabot & Partners LLC lifted its position in shares of Mosaic by 54.3% during the third quarter. Foster Dykema Cabot & Partners LLC now owns 1,157 shares of the basic materials company’s stock worth $40,000 after acquiring an additional 407 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Mosaic by 57.6% during the third quarter. Smartleaf Asset Management LLC now owns 1,135 shares of the basic materials company’s stock worth $39,000 after acquiring an additional 415 shares in the last quarter. Pinnacle Associates Ltd. boosted its holdings in shares of Mosaic by 0.9% in the third quarter. Pinnacle Associates Ltd. now owns 47,593 shares of the basic materials company’s stock worth $1,651,000 after acquiring an additional 432 shares during the period. Finally, Exchange Traded Concepts LLC boosted its holdings in shares of Mosaic by 11.5% in the third quarter. Exchange Traded Concepts LLC now owns 4,300 shares of the basic materials company’s stock worth $149,000 after acquiring an additional 444 shares during the period. 77.54% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Freedom Capital lowered Mosaic from a “hold” rating to a “strong sell” rating in a research note on Thursday, March 19th. Canadian Imperial Bank of Commerce raised their target price on Mosaic from $29.00 to $32.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 17th. Oppenheimer set a $35.00 price target on Mosaic in a research report on Friday, January 16th. Weiss Ratings raised shares of Mosaic from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, March 20th. Finally, Wolfe Research cut their price objective on shares of Mosaic from $37.00 to $36.00 and set an “outperform” rating for the company in a research report on Thursday, February 26th. Four equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Mosaic presently has a consensus rating of “Hold” and an average target price of $30.27.

Mosaic Price Performance

NYSE:MOS opened at $26.14 on Friday. The firm has a market capitalization of $8.30 billion, a price-to-earnings ratio of 15.47, a P/E/G ratio of 2.67 and a beta of 0.95. The Mosaic Company has a 52-week low of $22.36 and a 52-week high of $38.23. The stock has a fifty day moving average of $27.67 and a 200 day moving average of $27.61. 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 announced its earnings results on Tuesday, February 24th. The basic materials company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.26). Mosaic had a return on equity of 5.80% and a net margin of 4.49%.The business had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $3.02 billion. During the same quarter in the prior year, the company earned $0.45 earnings per share. Mosaic’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 EPS for the current fiscal year.

Mosaic Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Thursday, May 21st will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Thursday, May 21st. Mosaic’s dividend payout ratio is 52.07%.

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.