Nomura Holdings Inc. Acquires New Holdings in The Mosaic Company (NYSE:MOS)

Nomura Holdings Inc. acquired a new stake in shares of The Mosaic Company (NYSE:MOS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 10,464 shares of the basic materials company's stock, valued at approximately $257,000.

Other large investors have also recently bought and sold shares of the company. R Squared Ltd bought a new position in Mosaic in the fourth quarter valued at approximately $33,000. Tobam bought a new stake in shares of Mosaic in the fourth quarter valued at about $38,000. Heck Capital Advisors LLC acquired a new position in shares of Mosaic during the fourth quarter worth about $41,000. Ethos Financial Group LLC bought a new position in shares of Mosaic during the fourth quarter worth about $55,000. Finally, ANTIPODES PARTNERS Ltd raised its position in Mosaic by 115.1% in the 4th quarter. ANTIPODES PARTNERS Ltd now owns 3,166 shares of the basic materials company's stock valued at $78,000 after buying an additional 1,694 shares during the last quarter. Institutional investors own 77.54% of the company's stock.

Mosaic Stock Performance

Shares of MOS traded down $0.04 during midday trading on Wednesday, reaching $36.01. 460,966 shares of the stock were exchanged, compared to its average volume of 4,693,806. The company has a quick ratio of 0.49, a current ratio of 1.19 and a debt-to-equity ratio of 0.27. The company has a market cap of $11.42 billion, a P/E ratio of 31.89, a PEG ratio of 1.42 and a beta of 1.09. The Mosaic Company has a twelve month low of $22.36 and a twelve month high of $36.21. The stock's 50 day simple moving average is $29.30 and its 200 day simple moving average is $27.17.

Mosaic (NYSE:MOS - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The basic materials company reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.04. The firm had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.70 billion. Mosaic had a return on equity of 6.00% and a net margin of 3.24%. The company's revenue was down 2.2% on a year-over-year basis. During the same quarter last year, the company earned $0.65 EPS. On average, sell-side analysts expect that The Mosaic Company will post 2.04 earnings per share for the current year.

Mosaic Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 19th. Stockholders of record on Thursday, June 5th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date of this dividend is Thursday, June 5th. Mosaic's payout ratio is 75.86%.

Analysts Set New Price Targets

A number of research firms have recently commented on MOS. The Goldman Sachs Group began coverage on shares of Mosaic in a research note on Thursday, March 13th. They set a "buy" rating and a $31.00 price objective for the company. Scotiabank reissued an "outperform" rating on shares of Mosaic in a report on Wednesday, May 14th. CIBC raised their target price on shares of Mosaic from $32.00 to $33.00 and gave the company a "neutral" rating in a research note on Friday, May 9th. Oppenheimer upped their price target on shares of Mosaic from $33.00 to $40.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 13th. Finally, Piper Sandler reissued a "neutral" rating and issued a $30.00 price objective on shares of Mosaic in a research report on Thursday, March 27th. Six investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Mosaic has an average rating of "Moderate Buy" and an average target price of $34.58.

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.