Susquehanna Fundamental Investments LLC Acquires Shares of 39,379 The Mosaic Company $MOS

Key Points

• Susquehanna Fundamental Investments acquired 39,379 shares of The Mosaic Company in the second quarter, valued at approximately $834,000. Institutional investors collectively own 77.54% of MOS.
• Mosaic’s latest quarterly results slightly exceeded earnings expectations, with EPS of $0.13 versus $0.12 expected, but revenue fell 6% year over year to $2.82 billion and missed estimates.
• Analysts maintain a generally cautious outlook, with an average rating of Hold and a $27.17 price target. Mosaic declared a quarterly dividend of $0.22 per share, representing a 3.4% annualized yield.

Susquehanna Fundamental Investments LLC bought a new position in shares of The Mosaic Company (NYSE:MOS - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 39,379 shares of the basic materials company's stock, valued at approximately $834,000.

A number of other large investors also recently modified their holdings of MOS. Geneos Wealth Management Inc. increased its stake in Mosaic by 169.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company's stock valued at $26,000 after purchasing an additional 601 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new position in shares of Mosaic during the second quarter valued at about $31,000. SJS Investment Consulting Inc. grew its holdings in shares of Mosaic by 72.9% during the first quarter. SJS Investment Consulting Inc. now owns 1,245 shares of the basic materials company's stock valued at $32,000 after buying an additional 525 shares during the last quarter. Gen Wealth Partners Inc bought a new stake in shares of Mosaic during the fourth quarter worth about $32,000. Finally, MUFG Securities EMEA plc bought a new stake in shares of Mosaic during the second quarter worth about $34,000. 77.54% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Weiss Ratings reissued a "sell (d)" rating on shares of Mosaic in a research note on Friday, August 7th. Royal Bank Of Canada raised Mosaic from a "sector perform" rating to an "outperform" rating and cut their target price for the company from $28.00 to $27.00 in a research report on Wednesday, May 13th. UBS Group lowered their price target on Mosaic from $27.00 to $23.00 and set a "neutral" rating for the company in a research report on Tuesday, May 12th. Wall Street Zen cut Mosaic from a "sell" rating to a "strong sell" rating in a research note on Sunday, July 12th. Finally, Zacks Research raised shares of Mosaic from a "strong sell" rating to a "hold" rating in a report on Tuesday, July 21st. Seven research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $27.17.

Mosaic Trading Up 4.1%

Shares of MOS stock opened at $25.79 on Thursday. The company has a quick ratio of 0.43, a current ratio of 1.34 and a debt-to-equity ratio of 0.41. The firm has a market cap of $8.20 billion, a P/E ratio of -12.77, a PEG ratio of 4.48 and a beta of 0.83. The company has a 50 day moving average of $22.57 and a 200-day moving average of $23.96. The Mosaic Company has a 12-month low of $19.80 and a 12-month high of $36.99.

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

Mosaic Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th will be paid a dividend of $0.22 per share. The ex-dividend date is Thursday, September 10th. This represents a $0.88 annualized dividend and a dividend yield of 3.4%. Mosaic's dividend payout ratio is presently -43.56%.

Insiders Place Their Bets

In related news, SVP Walter F. Precourt III sold 23,000 shares of Mosaic stock in a transaction dated Wednesday, August 19th. The stock was 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 approximately $2,570,299.76. This trade represents a 16.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.31% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source