The Mosaic Company $MOS Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC raised its stake in shares of The Mosaic Company (NYSE:MOS - Free Report) by 3,533.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 620,328 shares of the basic materials company's stock after buying an additional 603,253 shares during the period. HighTower Advisors LLC owned approximately 0.20% of Mosaic worth $13,145,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MOS. BlackRock Inc. acquired a new stake in Mosaic in the second quarter worth approximately $524,484,000. Donald Smith & CO. Inc. bought a new stake in shares of Mosaic in the 2nd quarter worth $163,662,000. California State Teachers Retirement System raised its stake in shares of Mosaic by 2,028.8% in the 2nd quarter. California State Teachers Retirement System now owns 7,801,332 shares of the basic materials company's stock worth $165,310,000 after buying an additional 7,434,866 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Mosaic by 632.6% in the third quarter. AQR Capital Management LLC now owns 8,447,324 shares of the basic materials company's stock valued at $291,348,000 after buying an additional 7,294,205 shares during the period. Finally, Nykredit A S acquired a new stake in shares of Mosaic in the second quarter valued at $108,329,000. 77.54% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Mosaic news, SVP Walter Precourt, III sold 23,000 shares of the business's stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $22.12, for a total transaction of $508,760.00. Following the sale, the senior vice president directly owned 116,198 shares of the company's stock, valued at $2,570,299.76. The trade was a 16.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.31% of the company's stock.

Mosaic Price Performance

NYSE MOS opened at $26.21 on Thursday. The company has a current ratio of 1.34, a quick ratio of 0.43 and a debt-to-equity ratio of 0.41. The Mosaic Company has a 1 year low of $19.80 and a 1 year high of $36.99. The company has a market cap of $8.33 billion, a PE ratio of -12.98, a PEG ratio of 4.80 and a beta of 0.83. The stock's 50-day moving average price is $22.99 and its two-hundred day moving average price is $23.83.

Mosaic (NYSE:MOS - Get Free Report) last announced its earnings results on Tuesday, August 4th. The basic materials company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.12 by $0.01. Mosaic had a negative net margin of 5.21% and a positive return on equity of 3.77%. The company had revenue of $2.82 billion during the quarter, compared to analysts' expectations of $3.10 billion. During the same period last year, the company posted $0.51 earnings per share. The business's revenue for the quarter was down 6.0% on a year-over-year basis. On average, analysts predict that The Mosaic Company will post 0.54 EPS for the current year.

Mosaic Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts recently issued reports on MOS shares. Berenberg Bank lowered their target price on Mosaic from $28.00 to $27.00 and set a "hold" rating on the stock in a report on Tuesday, May 19th. Freedom Capital lowered shares of Mosaic from a "strong-buy" rating to a "strong sell" rating in a research report on Thursday, August 13th. Royal Bank Of Canada raised shares of Mosaic from a "sector perform" rating to an "outperform" rating and lowered their price objective for the stock from $28.00 to $27.00 in a research note on Wednesday, May 13th. Zacks Research raised shares of Mosaic from a "strong sell" rating to a "hold" rating in a research note on Tuesday, July 21st. Finally, Rothschild & Co Redburn began coverage on shares of Mosaic in a report on Friday, June 26th. They set a "buy" rating and a $30.00 target price for the company. Seven investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $27.17.

Mosaic 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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