Live Oak Private Wealth LLC Has $287,000 Stock Holdings in The Mosaic Company $MOS

Key Points

• Live Oak Private Wealth LLC cut its Mosaic stake by 93.7% in the second quarter, selling 201,660 shares and retaining 13,551 shares valued at approximately $287,000. Institutional investors and hedge funds collectively own 77.54% of MOS stock.
• Mosaic reported quarterly EPS of $0.13, slightly above estimates, but revenue of $2.82 billion fell short of the $3.10 billion consensus and declined 6% year over year. Shares recently opened at $24.76, within a 52-week range of $19.80 to $36.99.
• The company declared a quarterly dividend of $0.22 per share, equivalent to an annualized $0.88 and a 3.6% yield. Analysts maintain a consensus “Hold” rating with an average price target of $27.17.

Live Oak Private Wealth LLC decreased its position in The Mosaic Company (NYSE:MOS - Free Report) by 93.7% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 13,551 shares of the basic materials company's stock after selling 201,660 shares during the period. Live Oak Private Wealth LLC's holdings in Mosaic were worth $287,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of MOS. Geneos Wealth Management Inc. increased its position in shares of Mosaic by 169.3% in the first 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 last quarter. CYBER HORNET ETFs LLC acquired a new position in Mosaic during the second quarter valued at approximately $31,000. SJS Investment Consulting Inc. grew its stake in Mosaic by 72.9% in the first quarter. SJS Investment Consulting Inc. now owns 1,245 shares of the basic materials company's stock valued at $32,000 after purchasing an additional 525 shares in the last quarter. Gen Wealth Partners Inc bought a new position in Mosaic in the fourth quarter valued at approximately $32,000. Finally, MUFG Securities EMEA plc acquired a new position in shares of Mosaic during the 2nd quarter worth approximately $34,000. Institutional investors and hedge funds own 77.54% of the company's stock.

Mosaic Price Performance

Shares of NYSE MOS opened at $24.76 on Wednesday. The firm has a market cap of $7.87 billion, a P/E ratio of -12.26, a price-to-earnings-growth ratio of 4.36 and a beta of 0.83. The business's 50 day moving average is $22.47 and its 200-day moving average is $23.99. The company has a current ratio of 1.34, a quick ratio of 0.43 and a debt-to-equity ratio of 0.41. The Mosaic Company has a 1-year low of $19.80 and a 1-year high of $36.99.

Mosaic (NYSE:MOS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $0.13 EPS for the quarter, beating analysts' consensus estimates of $0.12 by $0.01. The firm had revenue of $2.82 billion for the quarter, compared to analyst estimates of $3.10 billion. Mosaic had a positive return on equity of 3.77% and a negative net margin of 5.21%.The company's revenue for the quarter was down 6.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.51 EPS. Equities research analysts predict that The Mosaic Company will post 0.54 earnings per share for the current year.

Mosaic Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 10th will be paid a $0.22 dividend. The ex-dividend date is Thursday, September 10th. This represents a $0.88 annualized dividend and a dividend yield of 3.6%. Mosaic's dividend payout ratio is -43.56%.

Insiders Place Their Bets

In other Mosaic news, SVP Walter F. Precourt III sold 23,000 shares of the business's stock in a transaction dated 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 of the company's stock, valued at $2,570,299.76. The trade was a 16.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.31% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Wall Street Zen cut shares of Mosaic from a "sell" rating to a "strong sell" rating in a research note on Sunday, July 12th. Barclays lowered their price objective on shares of Mosaic from $31.00 to $26.00 and set an "equal weight" rating on the stock in a research note on Monday, May 18th. BNP Paribas Exane dropped their target price on shares of Mosaic from $29.00 to $27.00 and set an "outperform" rating on the stock in a report on Wednesday, July 1st. Canadian Imperial Bank of Commerce set a $25.00 price target on Mosaic in a report on Tuesday, May 12th. Finally, Royal Bank Of Canada upgraded Mosaic from a "sector perform" rating to an "outperform" rating and reduced their price target for the stock from $28.00 to $27.00 in a report on Wednesday, May 13th. Seven equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $27.17.

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.

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