Northwestern Mutual Wealth Management Co. Buys Shares of 91,537 The Mosaic Company $MOS

Key Points

• Northwestern Mutual Wealth Management purchased 91,537 Mosaic shares during the second quarter, valued at approximately $1.94 million. Institutional investors and hedge funds collectively own 77.54% of MOS.
• Analyst sentiment is mixed, with seven Buy, eleven Hold, and three Sell ratings, resulting in a consensus Hold rating and an average price target of $27.17.
• Mosaic reported quarterly EPS of $0.13, slightly above estimates, but revenue of $2.82 billion fell short of expectations and declined 6% year over year. Separately, a senior vice president sold 23,000 shares for about $508,760.

Northwestern Mutual Wealth Management Co. purchased a new position in shares of The Mosaic Company (NYSE:MOS - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 91,537 shares of the basic materials company's stock, valued at approximately $1,940,000.

Several other hedge funds have also added to or reduced their stakes in MOS. NewEdge Advisors LLC lifted its holdings in shares of Mosaic by 27.8% during the first quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company's stock worth $47,000 after purchasing an additional 380 shares during the period. United Services Automobile Association bought a new stake in Mosaic in the first quarter valued at approximately $201,000. Empowered Funds LLC boosted its holdings in Mosaic by 170.5% in the first 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 last quarter. Woodline Partners LP increased 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 purchasing an additional 7,760 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in shares of Mosaic by 169.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company's stock worth $26,000 after purchasing an additional 601 shares during the period. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Scotiabank reiterated an "outperform" rating and set a $30.00 price objective on shares of Mosaic in a research report on Tuesday, May 19th. Freedom Capital lowered shares of Mosaic from a "strong-buy" rating to a "strong sell" rating in a report on Thursday, August 13th. The Goldman Sachs Group cut their target price on Mosaic from $31.00 to $28.00 and set a "buy" rating on the stock in a research report on Tuesday, May 12th. UBS Group reduced their price target on shares of Mosaic from $27.00 to $23.00 and set a "neutral" rating for the company in a report on Tuesday, May 12th. Finally, Berenberg Bank dropped their price objective on shares of Mosaic from $28.00 to $27.00 and set a "hold" rating on the stock in a research note on Tuesday, May 19th. Seven research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $27.17.

Mosaic Price Performance

MOS opened at $24.02 on Tuesday. The Mosaic Company has a 1 year low of $19.80 and a 1 year high of $36.99. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.34 and a quick ratio of 0.43. The company has a market capitalization of $7.64 billion, a price-to-earnings ratio of -11.89, a P/E/G ratio of 4.42 and a beta of 0.82. The firm's fifty day moving average price is $22.24 and its two-hundred day moving average price is $24.21.

Mosaic (NYSE:MOS - Get Free Report) last released its earnings results on Tuesday, August 4th. The basic materials company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.01. The company had revenue of $2.82 billion during 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%.Mosaic's quarterly revenue was down 6.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.51 earnings per share. As a group, analysts anticipate that The Mosaic Company will post 0.54 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, SVP Walter F. Precourt III sold 23,000 shares of Mosaic 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 transaction, the senior vice president owned 116,198 shares in the company, valued at $2,570,299.76. This trade represents a 16.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.31% of the stock is currently owned by company insiders.

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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