Strengthening Families & Communities LLC Has $92,000 Stock Holdings in The Mosaic Company (NYSE:MOS)

Strengthening Families & Communities LLC cut its stake in shares of The Mosaic Company (NYSE:MOS) by 27.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,760 shares of the basic materials company’s stock after selling 1,401 shares during the period. Strengthening Families & Communities LLC’s holdings in Mosaic were worth $92,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Brooklyn Investment Group boosted its position in Mosaic by 110.8% during the fourth 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 last quarter. R Squared Ltd acquired a new position in Mosaic during the fourth quarter valued at approximately $33,000. Tobam acquired a new position in Mosaic during the fourth quarter valued at approximately $38,000. Heck Capital Advisors LLC acquired a new position in Mosaic during the fourth quarter valued at approximately $41,000. Finally, Blue Trust Inc. boosted its position in Mosaic by 46.4% during the third quarter. Blue Trust Inc. now owns 1,799 shares of the basic materials company’s stock valued at $52,000 after purchasing an additional 570 shares during the last quarter. 77.54% of the stock is owned by institutional investors and hedge funds.

Mosaic Price Performance

Shares of NYSE MOS opened at $27.43 on Tuesday. The firm has a market cap of $8.71 billion, a P/E ratio of 24.27, a price-to-earnings-growth ratio of 1.42 and a beta of 1.34. 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 Mosaic Company has a 1-year low of $23.56 and a 1-year high of $33.44. The business’s 50 day moving average is $26.17 and its 200-day moving average is $26.62.

Mosaic (NYSE:MOS) last posted its quarterly earnings data on Tuesday, November 12th. The basic materials company reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.24). Mosaic had a return on equity of 6.00% and a net margin of 3.24%. The company had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $3.17 billion. During the same quarter last year, the business earned $0.68 EPS. Mosaic’s revenue was down 20.8% on a year-over-year basis. 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 disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 3.21%. 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 (DPR) is 74.34%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. CIBC assumed coverage on Mosaic in a research note on Tuesday, December 10th. They issued a “neutral” rating and a $55.00 price objective on the stock. Oppenheimer assumed coverage on Mosaic in a research note on Thursday, December 12th. They issued a “market perform” rating on the stock. Piper Sandler upped their price objective on Mosaic from $30.00 to $33.00 and gave the company a “neutral” rating in a research note on Monday, January 27th. Barclays lowered Mosaic from an “overweight” rating to an “underweight” rating and dropped their price objective for the company from $30.00 to $27.00 in a research note on Tuesday, January 21st. Finally, Morgan Stanley dropped their price objective on Mosaic from $40.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $33.80.

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.