The Mosaic Company (NYSE:MOS) Shares Sold by Live Oak Private Wealth LLC

Live Oak Private Wealth LLC decreased its position in shares of The Mosaic Company (NYSE:MOS) by 42.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 79,026 shares of the basic materials company’s stock after selling 58,392 shares during the quarter. Live Oak Private Wealth LLC’s holdings in Mosaic were worth $1,942,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Brooklyn Investment Group boosted its stake in Mosaic by 110.8% during the 4th quarter. Brooklyn Investment Group now owns 1,117 shares of the basic materials company’s stock valued at $27,000 after purchasing an additional 587 shares during the period. R Squared Ltd bought a new stake in shares of Mosaic during the fourth quarter valued at approximately $33,000. Tobam acquired a new position in shares of Mosaic during the fourth quarter worth approximately $38,000. Heck Capital Advisors LLC acquired a new position in shares of Mosaic during the fourth quarter worth approximately $41,000. Finally, Blue Trust Inc. increased its position in Mosaic by 46.4% in the 3rd quarter. Blue Trust Inc. now owns 1,799 shares of the basic materials company’s stock valued at $52,000 after acquiring an additional 570 shares during the period. Institutional investors own 77.54% of the company’s stock.

Mosaic Trading Down 4.8 %

Shares of NYSE:MOS opened at $26.47 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.49 and a current ratio of 1.19. The stock’s 50-day moving average is $26.15 and its 200-day moving average is $26.67. The company has a market cap of $8.41 billion, a P/E ratio of 23.42, a P/E/G ratio of 1.49 and a beta of 1.34. The Mosaic Company has a 52-week low of $23.56 and a 52-week high of $33.44.

Mosaic (NYSE:MOS) last released its earnings results on Tuesday, November 12th. The basic materials company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.24). Mosaic had a net margin of 3.24% and a return on equity of 6.00%. The business had revenue of $2.81 billion during the quarter, compared to analyst estimates of $3.17 billion. During the same period last year, the business earned $0.68 EPS. The business’s quarterly revenue was down 20.8% compared to the same quarter last year. Equities research analysts predict that The Mosaic Company will post 2.04 earnings per share for the current year.

Mosaic Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be paid a dividend of $0.22 per share. This is a boost from Mosaic’s previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a yield of 3.33%. The ex-dividend date is Thursday, March 6th. Mosaic’s dividend payout ratio is presently 74.34%.

Analyst Upgrades and Downgrades

MOS has been the subject of a number of analyst reports. Mizuho boosted their price target on Mosaic from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 13th. Oppenheimer initiated coverage on Mosaic in a research note on Thursday, December 12th. They issued a “market perform” rating on the stock. Piper Sandler raised their target price on shares of Mosaic from $30.00 to $33.00 and gave the stock a “neutral” rating in a report on Monday, January 27th. CIBC initiated coverage on Mosaic in a research report on Tuesday, December 10th. They issued a “neutral” rating and a $55.00 price target for the company. Finally, Morgan Stanley reduced their target price on Mosaic from $40.00 to $30.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $33.80.

Mosaic 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.