UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Raises Position in The Mosaic Company $MOS

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of The Mosaic Company (NYSE:MOS - Free Report) by 9.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,003,763 shares of the basic materials company's stock after acquiring an additional 86,170 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.32% of Mosaic worth $21,270,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cary Street Partners Financial LLC boosted its position in shares of Mosaic by 2.0% during the fourth quarter. Cary Street Partners Financial LLC now owns 19,604 shares of the basic materials company's stock valued at $472,000 after purchasing an additional 380 shares in the last quarter. NewEdge Advisors LLC grew its stake in Mosaic by 27.8% in the first quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company's stock worth $47,000 after purchasing an additional 380 shares during the period. M&T Bank Corp raised its holdings in Mosaic by 2.3% in the fourth quarter. M&T Bank Corp now owns 21,101 shares of the basic materials company's stock worth $508,000 after purchasing an additional 466 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in Mosaic by 51.4% in the second quarter. Geneos Wealth Management Inc. now owns 1,447 shares of the basic materials company's stock worth $53,000 after purchasing an additional 491 shares in the last quarter. Finally, Fulcrum Asset Management LLP lifted its position in Mosaic by 17.2% during the fourth quarter. Fulcrum Asset Management LLP now owns 3,529 shares of the basic materials company's stock valued at $85,000 after buying an additional 518 shares during the period. Hedge funds and other institutional investors own 77.54% of the company's stock.

Insider Transactions at Mosaic

In other Mosaic news, SVP Walter Precourt, III sold 23,000 shares of Mosaic stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $22.12, for a total value of $508,760.00. Following the completion of the transaction, the senior vice president directly owned 116,198 shares of the company's stock, valued at approximately $2,570,299.76. The trade was a 16.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.31% of the company's stock.

Wall Street Analysts Forecast Growth

MOS has been the topic of a number of research reports. Freedom Capital cut shares of Mosaic from a "strong-buy" rating to a "strong sell" rating in a report on Thursday, August 13th. UBS Group decreased their price target on shares of Mosaic from $27.00 to $23.00 and set a "neutral" rating for the company in a research note on Tuesday, May 12th. Mizuho set a $25.00 price target on shares of Mosaic in a research report on Wednesday, August 5th. Weiss Ratings reissued a "sell (d)" rating on shares of Mosaic in a research note on Friday, August 7th. Finally, Morgan Stanley cut their price objective on shares of Mosaic from $28.00 to $26.00 and set an "equal weight" rating on the stock in a report on Tuesday, June 30th. Seven equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $27.17.

Mosaic Trading Up 1.3%

Mosaic stock opened at $25.83 on Friday. The Mosaic Company has a 12 month low of $19.80 and a 12 month high of $36.99. The company has a market capitalization of $8.21 billion, a price-to-earnings ratio of -12.79, a price-to-earnings-growth ratio of 4.61 and a beta of 0.83. The business's fifty day simple moving average is $22.72 and its two-hundred day simple moving average is $23.95. 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 issued its quarterly 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. The firm had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $3.10 billion. Mosaic had a positive return on equity of 3.77% and a negative net margin of 5.21%.The company's revenue was down 6.0% on a year-over-year basis. During the same period last year, the company earned $0.51 earnings per share. As a group, equities analysts predict that The Mosaic Company will post 0.54 earnings per share for the current fiscal year.

Mosaic Dividend Announcement

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 paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Thursday, September 10th. Mosaic's dividend payout ratio (DPR) is currently -43.56%.

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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