The Mosaic Company (NYSE:MOS) Shares Sold by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC cut its holdings in The Mosaic Company (NYSE:MOS) by 44.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,427 shares of the basic materials company’s stock after selling 6,830 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Mosaic were worth $228,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of MOS. NBC Securities Inc. acquired a new stake in Mosaic during the 1st quarter valued at $26,000. Compagnie Lombard Odier SCmA purchased a new stake in shares of Mosaic in the first quarter valued at $27,000. Heck Capital Advisors LLC acquired a new stake in shares of Mosaic during the fourth quarter valued at $41,000. Huntington National Bank increased its position in Mosaic by 54.1% during the 4th quarter. Huntington National Bank now owns 3,374 shares of the basic materials company’s stock worth $83,000 after purchasing an additional 1,185 shares in the last quarter. Finally, CVA Family Office LLC raised its stake in Mosaic by 114.0% in the 1st quarter. CVA Family Office LLC now owns 3,650 shares of the basic materials company’s stock valued at $99,000 after purchasing an additional 1,944 shares during the last quarter. 77.54% of the stock is owned by hedge funds and other institutional investors.

Mosaic Price Performance

Shares of Mosaic stock opened at $36.42 on Friday. The business’s fifty day moving average price is $35.37 and its 200 day moving average price is $29.53. The Mosaic Company has a twelve month low of $22.36 and a twelve month high of $38.23. The company has a current ratio of 1.12, a quick ratio of 0.44 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $11.55 billion, a P/E ratio of 31.40, a PEG ratio of 2.12 and a beta of 1.12.

Mosaic (NYSE:MOS) last released its quarterly earnings data on Tuesday, May 6th. The basic materials company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.04. Mosaic had a return on equity of 4.91% and a net margin of 3.32%. The business had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.70 billion. During the same period in the previous year, the company posted $0.65 EPS. The company’s revenue was down 2.2% compared to the same quarter last year. As a group, research analysts anticipate that The Mosaic Company will post 2.04 earnings per share for the current year.

Insiders Place Their Bets

In other news, SVP Walter F. Precourt III sold 18,000 shares of the stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $35.73, for a total value of $643,140.00. Following the completion of the sale, the senior vice president owned 128,546 shares of the company’s stock, valued at $4,592,948.58. This represents a 12.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.50% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Barclays raised their price target on shares of Mosaic from $40.00 to $46.00 and gave the stock an “overweight” rating in a research note on Monday, July 7th. CIBC raised their target price on shares of Mosaic from $32.00 to $33.00 and gave the stock a “neutral” rating in a research report on Friday, May 9th. Piper Sandler reiterated a “neutral” rating and issued a $30.00 price target on shares of Mosaic in a report on Thursday, March 27th. BNP Paribas upgraded Mosaic to a “strong-buy” rating in a report on Wednesday, April 9th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Mosaic in a research report on Wednesday, May 14th. Six equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $35.08.

About Mosaic

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.