S&CO Inc. Has $23.46 Million Position in The Mosaic Company $MOS

S&CO Inc. reduced its stake in shares of The Mosaic Company (NYSE:MOS) by 9.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 973,872 shares of the basic materials company’s stock after selling 101,946 shares during the quarter. Mosaic comprises approximately 1.5% of S&CO Inc.’s portfolio, making the stock its 19th largest holding. S&CO Inc.’s holdings in Mosaic were worth $23,460,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in MOS. Geneos Wealth Management Inc. boosted its holdings 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 period. CYBER HORNET ETFs LLC acquired a new stake in shares of Mosaic during the second quarter worth approximately $31,000. MUFG Securities EMEA plc acquired a new stake in shares of Mosaic during the second quarter worth approximately $34,000. Torren Management LLC acquired a new stake in shares of Mosaic during the fourth quarter worth approximately $35,000. Finally, Smartleaf Asset Management LLC boosted its holdings 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 purchasing an additional 415 shares during the period. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on MOS. Wall Street Zen cut shares of Mosaic from a “hold” rating to a “sell” rating in a report on Saturday, March 7th. Bank of America cut shares of Mosaic from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $33.00 to $30.00 in a report on Friday, March 20th. UBS Group decreased their price target on shares of Mosaic from $27.00 to $23.00 and set a “neutral” rating for the company in a report on Tuesday. BNP Paribas Exane decreased their price target on shares of Mosaic from $35.00 to $33.00 and set an “outperform” rating for the company in a report on Wednesday, March 25th. Finally, Mizuho cut their price objective on shares of Mosaic from $27.00 to $24.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Five equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $28.00.

Mosaic Price Performance

Shares of MOS opened at $21.76 on Friday. The firm has a market cap of $6.91 billion, a PE ratio of 167.36, a PEG ratio of 1.80 and a beta of 0.79. The firm’s 50 day moving average price is $25.05 and its 200 day moving average price is $25.89. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.47 and a current ratio of 1.25. The Mosaic Company has a twelve month low of $21.17 and a twelve month high of $38.23.

Mosaic (NYSE:MOS) last issued its quarterly earnings data on Monday, May 11th. The basic materials company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.15). The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.93 billion. Mosaic had a net margin of 0.36% and a return on equity of 4.66%. Mosaic’s revenue was up 14.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.49 EPS. As a group, research analysts expect that The Mosaic Company will post 1.25 EPS for the current fiscal year.

Mosaic Announces Dividend

The firm 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 dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Thursday, May 21st. Mosaic’s dividend payout ratio (DPR) is presently 676.92%.

About Mosaic

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.