Compass Financial Management LLC Purchases New Position in The Mosaic Company $MOS

Key Points

• Compass Financial Management acquired 85,795 shares of Mosaic in the second quarter, valued at approximately $1.8 million. Institutional investors and hedge funds collectively own 77.54% of the company.
• Analyst sentiment remains mixed, with Mosaic receiving an overall “Hold” consensus rating and an average price target of $27.17; seven analysts rate it a Buy, 11 a Hold, and three a Sell.
• Mosaic reported quarterly EPS of $0.13, slightly above estimates, but revenue fell 6% year over year to $2.82 billion and missed expectations. The company declared a quarterly dividend of $0.22 per share, implying a 3.4% annualized yield.

Compass Financial Management LLC acquired a new stake in The Mosaic Company (NYSE:MOS - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 85,795 shares of the basic materials company's stock, valued at approximately $1,818,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of Mosaic in the second quarter worth about $524,484,000. Donald Smith & CO. Inc. purchased a new stake in shares of Mosaic during the 2nd quarter valued at about $163,662,000. AQR Capital Management LLC lifted its position in Mosaic by 632.6% during the 3rd quarter. AQR Capital Management LLC now owns 8,447,324 shares of the basic materials company's stock worth $291,348,000 after acquiring an additional 7,294,205 shares in the last quarter. Nykredit A S acquired a new position in Mosaic during the 2nd quarter worth approximately $108,329,000. Finally, Norges Bank purchased a new position in Mosaic in the 4th quarter worth approximately $103,129,000. Institutional investors and hedge funds own 77.54% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on MOS. Scotiabank reaffirmed an "outperform" rating and issued a $30.00 price objective on shares of Mosaic in a research report on Tuesday, May 19th. Royal Bank Of Canada raised shares of Mosaic from a "sector perform" rating to an "outperform" rating and reduced their target price for the stock from $28.00 to $27.00 in a research report on Wednesday, May 13th. Morgan Stanley decreased their target price on shares of Mosaic from $28.00 to $26.00 and set an "equal weight" rating for the company in a research note on Tuesday, June 30th. Berenberg Bank lowered their price target on shares of Mosaic from $28.00 to $27.00 and set a "hold" rating for the company in a report on Tuesday, May 19th. Finally, The Goldman Sachs Group dropped their price target on shares of Mosaic from $31.00 to $28.00 and set a "buy" rating on the stock in a research note on Tuesday, May 12th. Seven research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $27.17.

Mosaic Trading Up 1.3%

Shares of MOS opened at $25.83 on Friday. The Mosaic Company has a one year low of $19.80 and a one year high of $36.99. The stock has a 50-day moving average price of $22.72 and a 200 day moving average price of $23.95. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.43 and a current ratio of 1.34. The company has a market capitalization of $8.21 billion, a P/E ratio of -12.79, a P/E/G ratio of 4.68 and a beta of 0.83.

Mosaic (NYSE:MOS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.01. Mosaic had a positive return on equity of 3.77% and a negative net margin of 5.21%.The company had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $3.10 billion. During the same period in the previous year, the business earned $0.51 EPS. Mosaic's revenue for the quarter was down 6.0% compared to the same quarter last year. Sell-side analysts forecast that The Mosaic Company will post 0.54 EPS for the current fiscal year.

Mosaic Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.4%. Mosaic's dividend payout ratio (DPR) is presently -43.56%.

Insider Buying and Selling at Mosaic

In related news, SVP Walter Precourt, III sold 23,000 shares of Mosaic stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $22.12, for a total value of $508,760.00. Following the completion of the sale, the senior vice president owned 116,198 shares in the company, valued at approximately $2,570,299.76. The trade was a 16.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.31% of the company's stock.

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.

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