First American Trust FSB Makes New Investment in The Mosaic Company (NYSE:MOS)

First American Trust FSB acquired a new position in shares of The Mosaic Company (NYSE:MOS - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 73,141 shares of the basic materials company's stock, valued at approximately $2,613,000.

A number of other institutional investors have also modified their holdings of MOS. Meiji Yasuda Asset Management Co Ltd. raised its stake in Mosaic by 5.4% in the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 4,325 shares of the basic materials company's stock valued at $204,000 after purchasing an additional 221 shares during the last quarter. Meixler Investment Management Ltd. raised its stake in Mosaic by 2.5% in the 4th quarter. Meixler Investment Management Ltd. now owns 9,643 shares of the basic materials company's stock valued at $423,000 after purchasing an additional 238 shares during the last quarter. Kestra Advisory Services LLC raised its stake in Mosaic by 2.7% in the 2nd quarter. Kestra Advisory Services LLC now owns 9,841 shares of the basic materials company's stock valued at $344,000 after purchasing an additional 260 shares during the last quarter. Advisors Asset Management Inc. raised its stake in Mosaic by 0.5% in the 4th quarter. Advisors Asset Management Inc. now owns 56,759 shares of the basic materials company's stock valued at $2,490,000 after purchasing an additional 295 shares during the last quarter. Finally, Stonebridge Capital Advisors LLC raised its stake in Mosaic by 9.4% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 3,485 shares of the basic materials company's stock valued at $153,000 after purchasing an additional 300 shares during the last quarter. 77.54% of the stock is owned by institutional investors and hedge funds.

Mosaic Stock Down 0.5 %

Shares of Mosaic stock traded down $0.16 on Monday, hitting $30.96. 3,355,012 shares of the company's stock traded hands, compared to its average volume of 5,011,738. The stock has a market cap of $9.96 billion, a P/E ratio of 8.87, a PEG ratio of 1.58 and a beta of 1.50. The company has a quick ratio of 0.57, a current ratio of 1.22 and a debt-to-equity ratio of 0.26. The firm's 50-day moving average is $31.46 and its 200 day moving average is $33.54. The Mosaic Company has a 52-week low of $29.25 and a 52-week high of $47.58.

Mosaic (NYSE:MOS - Get Free Report) last posted its quarterly earnings results on Thursday, February 22nd. The basic materials company reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.11). The firm had revenue of $3.15 billion for the quarter, compared to analyst estimates of $3.09 billion. Mosaic had a net margin of 8.51% and a return on equity of 9.69%. The business's revenue was down 29.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.74 earnings per share. Equities analysts anticipate that The Mosaic Company will post 2.81 earnings per share for the current year.

Mosaic Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 20th. Investors of record on Thursday, June 6th will be given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 2.71%. The ex-dividend date of this dividend is Thursday, June 6th. Mosaic's dividend payout ratio is currently 24.07%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on MOS shares. TheStreet downgraded shares of Mosaic from a "b-" rating to a "c+" rating in a research note on Tuesday, February 6th. Mizuho downgraded shares of Mosaic from a "buy" rating to a "neutral" rating and dropped their price objective for the company from $42.00 to $34.00 in a research note on Wednesday, January 24th. Wolfe Research started coverage on shares of Mosaic in a research note on Friday, March 1st. They set an "outperform" rating and a $39.00 price objective for the company. Piper Sandler downgraded shares of Mosaic from a "neutral" rating to an "underweight" rating and dropped their price objective for the company from $42.00 to $32.00 in a research note on Thursday, February 29th. Finally, Wells Fargo & Company upped their price objective on shares of Mosaic from $34.00 to $35.00 and gave the company an "equal weight" rating in a research note on Friday, February 23rd. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $40.27.

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.

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