The Mosaic Company $MOS Stock Holdings Increased by Allianz Asset Management GmbH

Allianz Asset Management GmbH lifted its position in The Mosaic Company (NYSE:MOS) by 34.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,174,303 shares of the basic materials company’s stock after acquiring an additional 554,157 shares during the quarter. Allianz Asset Management GmbH’s holdings in Mosaic were worth $75,405,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. NewEdge Advisors LLC raised 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 acquiring an additional 380 shares in the last quarter. United Services Automobile Association acquired a new position in Mosaic in the first quarter worth $201,000. Empowered Funds LLC increased its stake in Mosaic by 170.5% during 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 last quarter. Woodline Partners LP raised its holdings in shares of Mosaic by 40.7% during the first quarter. Woodline Partners LP now owns 26,836 shares of the basic materials company’s stock worth $725,000 after purchasing an additional 7,760 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in shares of Mosaic by 169.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock worth $26,000 after buying an additional 601 shares during the last quarter. 77.54% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

MOS has been the subject of several research reports. Royal Bank Of Canada lifted their price target on shares of Mosaic from $27.00 to $29.00 and gave the company a “sector perform” rating in a report on Tuesday, January 20th. Morgan Stanley lifted their target price on Mosaic from $33.00 to $35.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 14th. UBS Group lowered their target price on Mosaic from $38.00 to $33.00 and set a “buy” rating for the company in a report on Monday, January 12th. Mizuho cut their price target on Mosaic from $31.00 to $28.00 and set a “neutral” rating on the stock in a report on Thursday, December 18th. Finally, Zacks Research upgraded Mosaic from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 9th. Seven investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Mosaic presently has an average rating of “Hold” and a consensus price target of $31.50.

Mosaic Stock Performance

Shares of MOS stock opened at $28.31 on Wednesday. The Mosaic Company has a 12-month low of $22.36 and a 12-month high of $38.23. The firm has a market capitalization of $8.98 billion, a price-to-earnings ratio of 7.33, a price-to-earnings-growth ratio of 1.23 and a beta of 0.97. The business has a 50 day simple moving average of $25.50 and a 200 day simple moving average of $29.43. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.40.

Mosaic (NYSE:MOS) last announced its earnings results on Tuesday, November 4th. The basic materials company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.01. Mosaic had a return on equity of 6.46% and a net margin of 10.33%.The firm had revenue of $3.45 billion for the quarter, compared to the consensus estimate of $3.87 billion. During the same quarter in the previous year, the business earned $0.34 EPS. The firm’s revenue for the quarter was up 22.8% on a year-over-year basis. On average, equities research analysts anticipate that The Mosaic Company will post 2.04 EPS for the current year.

Mosaic Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Monday, March 9th will be issued a $0.22 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.88 annualized dividend and a yield of 3.1%. 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.