The Mosaic Company (NYSE:MOS) Shares Purchased by De Lisle Partners LLP

Key Points

• De Lisle Partners LLP increased its stake in The Mosaic Company by 22% during Q1 2023, acquiring an additional 20,000 shares, bringing its total holdings to 110,989 shares valued at approximately $2.99 million.
• Insider selling took place as SVP Walter F. Precourt III sold 18,000 shares at an average price of $35.73, which represented a 12.28% decrease in his position.
• Wall Street analysts have mixed views on Mosaic's stock, with ratings ranging from a "strong buy" to "hold," and the average target price currently stands at $36.75.

De Lisle Partners LLP lifted its stake in The Mosaic Company (NYSE:MOS - Free Report) by 22.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 110,989 shares of the basic materials company's stock after purchasing an additional 20,000 shares during the quarter. De Lisle Partners LLP's holdings in Mosaic were worth $2,997,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in MOS. NBC Securities Inc. purchased a new position in shares of Mosaic during the first quarter worth $26,000. Compagnie Lombard Odier SCmA acquired a new stake in shares of Mosaic in the first quarter valued at $27,000. Allworth Financial LP raised its stake in shares of Mosaic by 102.3% in the first quarter. Allworth Financial LP now owns 1,062 shares of the basic materials company's stock valued at $31,000 after acquiring an additional 537 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of Mosaic in the fourth quarter valued at $41,000. Finally, Huntington National Bank raised its stake in shares of Mosaic by 54.1% in the fourth quarter. Huntington National Bank now owns 3,374 shares of the basic materials company's stock valued at $83,000 after acquiring an additional 1,185 shares in the last quarter. Institutional investors and hedge funds own 77.54% of the company's stock.

Mosaic Price Performance

Shares of NYSE:MOS traded down $0.70 during trading on Friday, hitting $35.31. 4,252,917 shares of the stock were exchanged, compared to its average volume of 5,519,998. The company has a fifty day moving average price of $36.13 and a two-hundred day moving average price of $30.60. The company has a market cap of $11.20 billion, a PE ratio of 30.44, a P/E/G ratio of 1.64 and a beta of 1.12. The company has a current ratio of 1.12, a quick ratio of 0.44 and a debt-to-equity ratio of 0.28. The Mosaic Company has a 12-month low of $22.36 and a 12-month high of $38.23.

Mosaic (NYSE:MOS - Get Free Report) last posted its earnings results on Tuesday, May 6th. The basic materials company reported $0.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.45 by $0.04. Mosaic had a return on equity of 4.91% and a net margin of 3.32%. The firm had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.70 billion. During the same quarter in the prior year, the company earned $0.65 EPS. Mosaic's revenue was down 2.2% on a year-over-year basis. On average, analysts forecast that The Mosaic Company will post 2.04 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on MOS shares. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Mosaic in a report on Monday, July 14th. CIBC lifted their target price on Mosaic from $32.00 to $33.00 and gave the stock a "neutral" rating in a research report on Friday, May 9th. Wall Street Zen upgraded Mosaic from a "hold" rating to a "buy" rating in a research report on Saturday, July 5th. BNP Paribas upgraded Mosaic to a "strong-buy" rating in a research report on Wednesday, April 9th. Finally, UBS Group upgraded Mosaic from a "neutral" rating to a "buy" rating and set a $45.00 price target on the stock in a research report on Wednesday, July 23rd. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $36.75.

Insider Transactions at Mosaic

In related news, SVP Walter F. Precourt III sold 18,000 shares of the company's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $35.73, for a total value of $643,140.00. Following the sale, the senior vice president owned 128,546 shares of the company's stock, valued at approximately $4,592,948.58. This represents a 12.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.50% of the company's stock.

Mosaic Company Profile

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and Mosaic Fertilizantes. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names, as well as produces a double sulfate of potash magnesia product under K-Mag brand name.