The Mosaic Company (NYSE:MOS) Shares Sold by Goehring & Rozencwajg Associates LLC

Goehring & Rozencwajg Associates LLC lowered its position in shares of The Mosaic Company (NYSE:MOS) by 4.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 451,979 shares of the basic materials company’s stock after selling 20,078 shares during the quarter. Mosaic comprises 2.2% of Goehring & Rozencwajg Associates LLC’s holdings, making the stock its 17th largest position. Goehring & Rozencwajg Associates LLC’s holdings in Mosaic were worth $10,974,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of MOS. Brooklyn Investment Group boosted its holdings in shares of Mosaic by 110.8% in the 4th quarter. Brooklyn Investment Group now owns 1,117 shares of the basic materials company’s stock valued at $27,000 after buying an additional 587 shares in the last quarter. R Squared Ltd acquired a new position in Mosaic in the fourth quarter valued at $33,000. Tobam purchased a new position in shares of Mosaic during the fourth quarter worth about $38,000. Heck Capital Advisors LLC acquired a new stake in shares of Mosaic during the fourth quarter worth about $41,000. Finally, Larson Financial Group LLC lifted its holdings in shares of Mosaic by 180,900.0% in the 3rd quarter. Larson Financial Group LLC now owns 1,810 shares of the basic materials company’s stock valued at $48,000 after purchasing an additional 1,809 shares during the last quarter. Hedge funds and other institutional investors own 77.54% of the company’s stock.

Mosaic Stock Up 1.3 %

Shares of NYSE:MOS opened at $26.84 on Friday. The Mosaic Company has a fifty-two week low of $23.56 and a fifty-two week high of $33.44. 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 firm’s 50-day simple moving average is $26.16 and its 200-day simple moving average is $26.67. The company has a market cap of $8.52 billion, a price-to-earnings ratio of 23.75, a PEG ratio of 1.49 and a beta of 1.34.

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

Mosaic Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 3.28%. The ex-dividend date of this dividend is Thursday, March 6th. This is a positive change from Mosaic’s previous quarterly dividend of $0.21. Mosaic’s dividend payout ratio is currently 74.34%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on MOS. Mizuho raised their price target on Mosaic from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 13th. Oppenheimer assumed coverage on shares of Mosaic in a research report on Thursday, December 12th. They set a “market perform” rating on the stock. Barclays cut shares of Mosaic from an “overweight” rating to an “underweight” rating and cut their target price for the company from $30.00 to $27.00 in a report on Tuesday, January 21st. Morgan Stanley decreased their price target on shares of Mosaic from $40.00 to $30.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Finally, CIBC started coverage on shares of Mosaic in a research note on Tuesday, December 10th. They issued a “neutral” rating and a $55.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus 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.