PharVision Advisers LLC Invests $209,000 in The Mosaic Company (NYSE:MOS)

PharVision Advisers LLC bought a new stake in The Mosaic Company (NYSE:MOS - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 8,521 shares of the basic materials company's stock, valued at approximately $209,000.

Several other large investors have also recently bought and sold shares of MOS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Mosaic by 13.0% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,036,532 shares of the basic materials company's stock worth $50,058,000 after acquiring an additional 235,009 shares during the period. Voloridge Investment Management LLC grew its position in Mosaic by 21.6% in the fourth quarter. Voloridge Investment Management LLC now owns 3,187,445 shares of the basic materials company's stock worth $78,347,000 after buying an additional 565,632 shares during the last quarter. Worldquant Millennium Advisors LLC boosted its stake in shares of Mosaic by 252.7% during the 4th quarter. Worldquant Millennium Advisors LLC now owns 745,154 shares of the basic materials company's stock worth $18,316,000 after acquiring an additional 533,879 shares in the last quarter. Woodline Partners LP acquired a new stake in shares of Mosaic during the fourth quarter worth $469,000. Finally, Vident Advisory LLC lifted its holdings in shares of Mosaic by 16.0% during the fourth quarter. Vident Advisory LLC now owns 28,642 shares of the basic materials company's stock valued at $704,000 after purchasing an additional 3,956 shares during the last quarter. Institutional investors and hedge funds own 77.54% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on MOS shares. Mizuho reduced their target price on Mosaic from $29.00 to $28.00 and set a "neutral" rating for the company in a report on Monday, March 3rd. Piper Sandler reiterated a "neutral" rating and issued a $30.00 price objective on shares of Mosaic in a research note on Thursday, March 27th. Scotiabank reissued an "outperform" rating on shares of Mosaic in a research report on Wednesday, May 14th. CIBC increased their target price on shares of Mosaic from $32.00 to $33.00 and gave the stock a "neutral" rating in a research report on Friday, May 9th. Finally, Wall Street Zen raised Mosaic from a "hold" rating to a "buy" rating in a research report on Thursday, May 22nd. 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 stock. Based on data from MarketBeat, Mosaic presently has an average rating of "Moderate Buy" and an average target price of $34.58.

Mosaic Trading Down 0.0%

MOS traded down $0.02 during trading on Wednesday, reaching $36.04. 810,375 shares of the company's stock were exchanged, compared to its average volume of 4,695,497. The company's fifty day moving average price is $29.30 and its 200-day moving average price is $27.17. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.49 and a current ratio of 1.19. The firm has a market capitalization of $11.43 billion, a PE ratio of 31.89, a P/E/G ratio of 1.42 and a beta of 1.09. The Mosaic Company has a fifty-two week low of $22.36 and a fifty-two week high of $36.21.

Mosaic (NYSE:MOS - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The basic materials company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.04. Mosaic had a return on equity of 6.00% and a net margin of 3.24%. The business had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.70 billion. During the same period in the previous year, the firm earned $0.65 EPS. Mosaic's quarterly revenue was down 2.2% compared to the same quarter last year. As a group, equities analysts forecast that The Mosaic Company will post 2.04 EPS for the current year.

Mosaic Announces Dividend

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

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.