The Mosaic Company $MOS Holdings Boosted by Algert Global LLC

Algert Global LLC raised its position in shares of The Mosaic Company (NYSE:MOS - Free Report) by 257.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 946,286 shares of the basic materials company's stock after purchasing an additional 681,700 shares during the quarter. Algert Global LLC owned 0.30% of Mosaic worth $20,052,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Geneos Wealth Management Inc. boosted its position in shares of Mosaic by 169.3% in the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company's stock worth $26,000 after buying an additional 601 shares during the period. CYBER HORNET ETFs LLC purchased a new stake in shares of Mosaic in the second quarter worth approximately $31,000. SJS Investment Consulting Inc. lifted its position in shares of Mosaic by 72.9% in the first quarter. SJS Investment Consulting Inc. now owns 1,245 shares of the basic materials company's stock worth $32,000 after purchasing an additional 525 shares in the last quarter. Gen Wealth Partners Inc acquired a new stake in shares of Mosaic during the fourth quarter worth approximately $32,000. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Mosaic during the second quarter worth approximately $34,000. Hedge funds and other institutional investors own 77.54% of the company's stock.

Insider Buying and Selling at Mosaic

In related news, SVP Walter F. Precourt III sold 23,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $22.12, for a total value of $508,760.00. Following the transaction, the senior vice president directly 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 Securities & Exchange Commission, which is accessible through this link. Insiders own 0.31% of the company's stock.

Mosaic Trading Down 1.6%

Shares of NYSE:MOS opened at $24.02 on Tuesday. The stock has a market capitalization of $7.64 billion, a PE ratio of -11.89, a P/E/G ratio of 4.42 and a beta of 0.82. The Mosaic Company has a 1 year low of $19.80 and a 1 year high of $36.99. The firm has a fifty day moving average price of $22.24 and a 200 day moving average price of $24.21. The company has a current ratio of 1.34, a quick ratio of 0.43 and a debt-to-equity ratio of 0.41.

Mosaic (NYSE:MOS - Get Free Report) last posted its earnings results 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 company had revenue of $2.82 billion for the quarter, compared to analyst estimates of $3.10 billion. During the same period last year, the company earned $0.51 earnings per share. The business's revenue was down 6.0% compared to the same quarter last year. Analysts expect that The Mosaic Company will post 0.54 EPS for the current fiscal year.

Wall Street Analyst Weigh In

MOS has been the topic of several research analyst reports. Weiss Ratings restated a "sell (d)" rating on shares of Mosaic in a report on Friday, August 7th. Mizuho set a $25.00 price objective on Mosaic in a report on Wednesday, August 5th. Royal Bank Of Canada raised Mosaic from a "sector perform" rating to an "outperform" rating and reduced their price objective for the company from $28.00 to $27.00 in a research report on Wednesday, May 13th. Wells Fargo & Company lowered their target price on Mosaic from $25.00 to $22.00 and set an "equal weight" rating on the stock in a research note on Thursday, May 14th. Finally, Scotiabank reaffirmed an "outperform" rating and issued a $30.00 target price on shares of Mosaic in a research report on Tuesday, May 19th. Seven analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Mosaic presently has an average rating of "Hold" and an average target price of $27.17.

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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