The Mosaic Company (NYSE:MOS) Position Boosted by Robeco Institutional Asset Management B.V.

Posted by on Oct 14th, 2023

Robeco Institutional Asset Management B.V. lifted its stake in shares of The Mosaic Company (NYSE:MOS – Free Report) by 4.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 32,448 shares of the basic materials company’s stock after purchasing an additional 1,482 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Mosaic were worth $1,136,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. High Net Worth Advisory Group LLC bought a new position in shares of Mosaic during the first quarter worth about $33,000. Clear Street Markets LLC lifted its position in shares of Mosaic by 93.9% during the first quarter. Clear Street Markets LLC now owns 669 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 324 shares during the last quarter. Penserra Capital Management LLC bought a new position in shares of Mosaic during the first quarter worth about $44,000. Quent Capital LLC lifted its position in shares of Mosaic by 50.0% during the first quarter. Quent Capital LLC now owns 705 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 235 shares during the last quarter. Finally, Carolinas Wealth Consulting LLC lifted its position in shares of Mosaic by 3,186.4% during the first quarter. Carolinas Wealth Consulting LLC now owns 723 shares of the basic materials company’s stock worth $48,000 after purchasing an additional 701 shares during the last quarter. Institutional investors own 84.05% of the company’s stock.

Mosaic Price Performance

NYSE MOS opened at $36.36 on Friday. The Mosaic Company has a 12 month low of $31.44 and a 12 month high of $57.46. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.18 and a quick ratio of 0.53. The firm has a market capitalization of $12.08 billion, a PE ratio of 5.74, a P/E/G ratio of 1.32 and a beta of 1.52. The company’s 50 day simple moving average is $37.87 and its 200 day simple moving average is $38.43.

Mosaic (NYSE:MOS – Get Free Report) last posted its quarterly earnings data on Tuesday, August 1st. The basic materials company reported $1.04 EPS for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.03). Mosaic had a net margin of 12.89% and a return on equity of 20.21%. The company had revenue of $3.39 billion for the quarter, compared to analyst estimates of $3.13 billion. During the same quarter in the prior year, the business earned $3.64 EPS. Mosaic’s revenue was down 36.8% compared to the same quarter last year. As a group, equities research analysts forecast that The Mosaic Company will post 3.89 EPS for the current fiscal year.

Mosaic Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 21st. Shareholders of record on Thursday, September 7th were given a $0.20 dividend. The ex-dividend date of this dividend was Wednesday, September 6th. This represents a $0.80 annualized dividend and a yield of 2.20%. Mosaic’s dividend payout ratio (DPR) is 12.64%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Credit Suisse Group raised their target price on shares of Mosaic from $33.00 to $36.00 and gave the stock an “underperform” rating in a report on Wednesday, August 2nd. Berenberg Bank raised their target price on shares of Mosaic to $41.00 in a report on Thursday, October 5th. Bank of America raised their target price on shares of Mosaic from $50.00 to $51.00 and gave the stock a “buy” rating in a report on Monday, August 7th. HSBC raised shares of Mosaic from a “reduce” rating to a “hold” rating and set a $40.00 target price on the stock in a report on Wednesday, July 26th. Finally, Piper Sandler raised their target price on shares of Mosaic from $42.00 to $46.00 in a report on Monday, August 7th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $45.88.

Get Our Latest Stock Analysis on MOS

About Mosaic

(Free Report)

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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Institutional Ownership by Quarter for Mosaic (NYSE:MOS)

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