Cwm LLC Sells 159,627 Shares of The Mosaic Company $MOS

Key Points

• Cwm LLC sold 159,627 shares of The Mosaic Company, cutting its stake by 64.2% to 89,129 shares worth about $2.15 million at quarter-end.
• Mosaic missed quarterly expectations, reporting $0.22 EPS vs. $0.48 expected and $2.97B revenue vs. $3.02B expected; the stock traded down ~1.1% and carries a consensus "Hold" with an average price target of $29.73.
• Mosaic declared a quarterly dividend of $0.22 (annualized $0.88, 3.7% yield), with an ex-dividend date of May 21 and payment on June 2.

Cwm LLC reduced its holdings in shares of The Mosaic Company (NYSE:MOS - Free Report) by 64.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 89,129 shares of the basic materials company's stock after selling 159,627 shares during the period. Cwm LLC's holdings in Mosaic were worth $2,147,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of MOS. NewEdge Advisors LLC lifted its position in 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 during the period. United Services Automobile Association purchased a new position in Mosaic during the 1st quarter valued at about $201,000. Empowered Funds LLC lifted its position in Mosaic by 170.5% during the 1st quarter. Empowered Funds LLC now owns 54,176 shares of the basic materials company's stock valued at $1,463,000 after acquiring an additional 34,151 shares during the period. Woodline Partners LP lifted its position in Mosaic by 40.7% during the 1st quarter. Woodline Partners LP now owns 26,836 shares of the basic materials company's stock valued at $725,000 after acquiring an additional 7,760 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in Mosaic by 169.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company's stock valued at $26,000 after acquiring an additional 601 shares during the period. 77.54% of the stock is owned by hedge funds and other institutional investors.

Mosaic Stock Down 1.1%

Shares of Mosaic stock opened at $24.02 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.47 and a current ratio of 1.32. The stock has a market capitalization of $7.63 billion, a PE ratio of 14.21, a price-to-earnings-growth ratio of 1.46 and a beta of 0.95. The Mosaic Company has a 52-week low of $23.06 and a 52-week high of $38.23. The company has a 50-day simple moving average of $26.48 and a two-hundred day simple moving average of $26.65.

Mosaic (NYSE:MOS - Get Free Report) last issued 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). The firm had revenue of $2.97 billion during the quarter, compared to analysts' expectations of $3.02 billion. Mosaic had a return on equity of 5.80% and a net margin of 4.49%.The firm's quarterly revenue was up 5.6% on a year-over-year basis. During the same period last year, the firm posted $0.45 earnings per share. On average, analysts anticipate that The Mosaic Company will post 1.56 EPS for the current fiscal year.

Mosaic Dividend Announcement

The company also recently announced 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. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $0.88 annualized dividend and a yield of 3.7%. Mosaic's payout ratio is 52.07%.

Wall Street Analysts Forecast Growth

MOS has been the subject of a number of recent research reports. JPMorgan Chase & Co. cut shares of Mosaic from a "neutral" rating to an "underweight" rating and set a $24.00 price target for the company. in a research report on Thursday, February 26th. Canadian Imperial Bank of Commerce lifted their price target on shares of Mosaic from $29.00 to $32.00 and gave the company a "neutral" rating in a research report on Tuesday, March 17th. UBS Group cut shares of Mosaic from a "buy" rating to a "neutral" rating and lowered their price target for the company from $33.00 to $27.00 in a research report on Thursday, March 26th. Oppenheimer set a $35.00 price target on shares of Mosaic in a research report on Friday, January 16th. Finally, Weiss Ratings cut shares of Mosaic from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Tuesday, April 7th. Four research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $29.73.

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.

Want to see what other hedge funds are holding MOS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Mosaic Company (NYSE:MOS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.