Inspire Trust Co. N.A. Purchases 10,000 Shares of The Mosaic Company (NYSE:MOS)

Inspire Trust Co. N.A. boosted its position in shares of The Mosaic Company (NYSE:MOS - Free Report) by 7.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 149,380 shares of the basic materials company's stock after buying an additional 10,000 shares during the quarter. Inspire Trust Co. N.A.'s holdings in Mosaic were worth $3,672,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of MOS. R Squared Ltd acquired a new position in Mosaic during the 4th quarter worth $33,000. Tobam acquired a new position in Mosaic during the 4th quarter worth $38,000. Heck Capital Advisors LLC acquired a new position in Mosaic during the 4th quarter worth $41,000. Ethos Financial Group LLC bought a new stake in shares of Mosaic during the 4th quarter valued at $55,000. Finally, ANTIPODES PARTNERS Ltd raised its position in shares of Mosaic by 115.1% during the 4th quarter. ANTIPODES PARTNERS Ltd now owns 3,166 shares of the basic materials company's stock valued at $78,000 after acquiring an additional 1,694 shares during the last quarter. Institutional investors and hedge funds own 77.54% of the company's stock.

Wall Street Analyst Weigh In

MOS has been the subject of several recent research reports. Mizuho dropped their target price on shares of Mosaic from $29.00 to $28.00 and set a "neutral" rating for the company in a research report on Monday, March 3rd. Wall Street Zen upgraded shares of Mosaic from a "hold" rating to a "buy" rating in a research report on Thursday, May 22nd. Piper Sandler reiterated a "neutral" rating and set a $30.00 target price on shares of Mosaic in a research report on Thursday, March 27th. Oppenheimer upped their target price on shares of Mosaic from $33.00 to $40.00 and gave the company an "outperform" rating in a research report on Tuesday, May 13th. Finally, BNP Paribas upgraded shares of Mosaic to a "strong-buy" rating in a research report on Wednesday, April 9th. Six investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Mosaic currently has a consensus rating of "Moderate Buy" and a consensus target price of $34.58.

Mosaic Trading Up 2.5%

Shares of MOS traded up $0.88 during trading hours on Tuesday, reaching $35.98. The stock had a trading volume of 2,294,437 shares, compared to its average volume of 5,687,971. The company has a quick ratio of 0.49, a current ratio of 1.19 and a debt-to-equity ratio of 0.27. The Mosaic Company has a 52 week low of $22.36 and a 52 week high of $36.07. The firm has a 50-day moving average of $29.15 and a 200 day moving average of $27.11. The company has a market cap of $11.41 billion, a P/E ratio of 31.84, a P/E/G ratio of 1.42 and a beta of 1.09.

Mosaic (NYSE:MOS - Get Free Report) last released its earnings results on Tuesday, May 6th. The basic materials company reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.04. The firm had revenue of $2.62 billion during the quarter, compared to analysts' expectations of $2.70 billion. Mosaic had a return on equity of 6.00% and a net margin of 3.24%. The company's revenue was down 2.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.65 EPS. On average, sell-side analysts expect that The Mosaic Company will post 2.04 earnings per share for the current fiscal year.

Mosaic Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 19th. Shareholders of record on Thursday, June 5th will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date is Thursday, June 5th. Mosaic's dividend payout ratio (DPR) is presently 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.