The Mosaic Company (NYSE:MOS) Shares Sold by Mirador Capital Partners LP

Mirador Capital Partners LP cut its holdings in shares of The Mosaic Company (NYSE:MOS) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,548 shares of the basic materials company’s stock after selling 416 shares during the period. Mirador Capital Partners LP’s holdings in Mosaic were worth $235,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in MOS. Larson Financial Group LLC lifted its holdings in Mosaic by 180,900.0% during the 3rd quarter. Larson Financial Group LLC now owns 1,810 shares of the basic materials company’s stock worth $48,000 after buying an additional 1,809 shares in the last quarter. Kimelman & Baird LLC acquired a new stake in shares of Mosaic in the second quarter valued at $49,000. Blue Trust Inc. raised its stake in shares of Mosaic by 46.4% in the third 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 in the last quarter. CVA Family Office LLC boosted its holdings in Mosaic by 23.2% in the third quarter. CVA Family Office LLC now owns 2,037 shares of the basic materials company’s stock valued at $55,000 after purchasing an additional 384 shares during the period. Finally, Huntington National Bank grew its stake in Mosaic by 85.2% during the 3rd quarter. Huntington National Bank now owns 2,189 shares of the basic materials company’s stock worth $59,000 after purchasing an additional 1,007 shares in the last quarter. Institutional investors and hedge funds own 77.54% of the company’s stock.

Mosaic Price Performance

MOS stock opened at $26.73 on Friday. The company has a current ratio of 1.19, a quick ratio of 0.49 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $8.49 billion, a P/E ratio of 23.65, a PEG ratio of 1.36 and a beta of 1.34. The business has a 50 day simple moving average of $25.66 and a 200-day simple moving average of $26.72. The Mosaic Company has a twelve month low of $23.56 and a twelve month high of $33.44.

Mosaic (NYSE:MOS) last issued its quarterly earnings results 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 for the quarter, compared to analyst estimates of $3.17 billion. Mosaic had a return on equity of 6.00% and a net margin of 3.24%. The firm’s revenue for the quarter was down 20.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.68 EPS. As a group, equities analysts anticipate that The Mosaic Company will post 2.06 EPS for the current year.

Mosaic Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 3.29%. The ex-dividend date is Thursday, March 6th. This is a boost from Mosaic’s previous quarterly dividend of $0.21. Mosaic’s payout ratio is 74.34%.

Analyst Ratings Changes

MOS has been the topic of a number of recent analyst reports. Oppenheimer initiated coverage on shares of Mosaic in a research report on Thursday, December 12th. They issued a “market perform” rating on the stock. Barclays cut their price target on Mosaic from $32.00 to $30.00 and set an “overweight” rating on the stock in a research note on Friday, October 11th. Piper Sandler raised Mosaic from an “underweight” rating to a “neutral” rating and upped their price objective for the stock from $26.00 to $30.00 in a research report on Monday. Wells Fargo & Company cut their target price on Mosaic from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Tuesday, September 24th. Finally, CIBC started coverage on Mosaic in a research note on Tuesday, December 10th. They set a “neutral” rating and a $55.00 target price for the company. Eight investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $35.09.

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.