Revisor Wealth Management LLC Invests $667,000 in The Mosaic Company (NYSE:MOS)

Revisor Wealth Management LLC bought a new position in shares of The Mosaic Company (NYSE:MOS - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 24,680 shares of the basic materials company's stock, valued at approximately $667,000.

Other institutional investors have also bought and sold shares of the company. Proficio Capital Partners LLC acquired a new stake in shares of Mosaic in the 4th quarter valued at $1,054,000. Jones Financial Companies Lllp increased its position in shares of Mosaic by 59.5% during the 4th quarter. Jones Financial Companies Lllp now owns 7,682 shares of the basic materials company's stock worth $189,000 after purchasing an additional 2,867 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in Mosaic during the 4th quarter valued at about $238,000. State of Michigan Retirement System lifted its holdings in Mosaic by 2.5% during the 4th quarter. State of Michigan Retirement System now owns 103,876 shares of the basic materials company's stock valued at $2,553,000 after purchasing an additional 2,500 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in Mosaic by 4.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,368,596 shares of the basic materials company's stock valued at $82,800,000 after buying an additional 150,186 shares in the last quarter. Institutional investors and hedge funds own 77.54% of the company's stock.

Insider Activity at Mosaic

In other news, SVP Walter F. Precourt III sold 18,000 shares of the firm's stock in a transaction 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 transaction, the senior vice president directly owned 128,546 shares in the company, valued at $4,592,948.58. This trade represents a 12.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.50% of the company's stock.

Mosaic Price Performance

Shares of MOS stock opened at $37.78 on Thursday. The firm has a market cap of $11.98 billion, a price-to-earnings ratio of 32.57, a PEG ratio of 2.14 and a beta of 1.12. The Mosaic Company has a 12 month low of $22.36 and a 12 month high of $38.06. The company has a quick ratio of 0.44, a current ratio of 1.12 and a debt-to-equity ratio of 0.28. The stock has a 50-day moving average price of $34.37 and a 200 day moving average price of $28.89.

Mosaic (NYSE:MOS - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The basic materials company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.45 by $0.04. Mosaic had a net margin of 3.32% and a return on equity of 4.91%. The company had revenue of $2.62 billion during the quarter, compared to analysts' expectations of $2.70 billion. During the same quarter in the previous year, the company earned $0.65 EPS. Mosaic's revenue was down 2.2% on a year-over-year basis. Research analysts expect that The Mosaic Company will post 2.04 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Piper Sandler reiterated a "neutral" rating and issued a $30.00 target price on shares of Mosaic in a research note on Thursday, March 27th. JPMorgan Chase & Co. lifted their price objective on Mosaic from $29.00 to $35.00 and gave the company an "overweight" rating in a research report on Friday, May 9th. Barclays reissued an "overweight" rating and issued a $40.00 price objective (up previously from $33.00) on shares of Mosaic in a research note on Wednesday, May 14th. Wells Fargo & Company increased their target price on Mosaic from $28.00 to $35.00 and gave the stock an "equal weight" rating in a report on Monday, May 12th. Finally, Scotiabank reaffirmed an "outperform" rating on shares of Mosaic in a report on Wednesday, May 14th. Seven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Mosaic presently has an average rating of "Moderate Buy" and a consensus target price of $34.58.

Mosaic 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.

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