Cwm LLC Sells 3,747 Shares of The Mosaic Company (NYSE:MOS)

Cwm LLC reduced its position in The Mosaic Company (NYSE:MOS) by 44.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,709 shares of the basic materials company’s stock after selling 3,747 shares during the quarter. Cwm LLC’s holdings in Mosaic were worth $153,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Janiczek Wealth Management LLC boosted its position in Mosaic by 28.0% during the fourth quarter. Janiczek Wealth Management LLC now owns 1,455 shares of the basic materials company’s stock valued at $52,000 after acquiring an additional 318 shares during the last quarter. AdvisorNet Financial Inc boosted its position in shares of Mosaic by 14.5% during the 4th quarter. AdvisorNet Financial Inc now owns 2,582 shares of the basic materials company’s stock valued at $92,000 after purchasing an additional 327 shares in the last quarter. Denali Advisors LLC boosted its position in shares of Mosaic by 100.5% during the 4th quarter. Denali Advisors LLC now owns 826 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 414 shares in the last quarter. Wahed Invest LLC increased its holdings in Mosaic by 8.6% in the fourth quarter. Wahed Invest LLC now owns 5,645 shares of the basic materials company’s stock worth $202,000 after purchasing an additional 445 shares in the last quarter. Finally, Parallel Advisors LLC lifted its stake in Mosaic by 10.9% in the fourth quarter. Parallel Advisors LLC now owns 4,570 shares of the basic materials company’s stock valued at $163,000 after buying an additional 450 shares during the period. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Mosaic Stock Performance

Shares of MOS stock opened at $27.80 on Monday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.16 and a quick ratio of 0.51. The firm has a 50-day moving average of $29.70 and a 200-day moving average of $31.70. The Mosaic Company has a one year low of $26.67 and a one year high of $42.81. The company has a market cap of $8.94 billion, a P/E ratio of 11.83, a P/E/G ratio of 1.50 and a beta of 1.45.

Mosaic (NYSE:MOS) last posted its quarterly earnings data on Wednesday, May 1st. The basic materials company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.01). Mosaic had a net margin of 6.07% and a return on equity of 8.23%. The firm had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.88 billion. During the same quarter last year, the business posted $1.14 EPS. The company’s quarterly revenue was down 25.7% on a year-over-year basis. Equities research analysts forecast that The Mosaic Company will post 2.64 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on MOS shares. Scotiabank reduced their price objective on shares of Mosaic from $40.00 to $38.00 and set a “sector outperform” rating for the company in a research report on Monday, May 6th. Royal Bank of Canada decreased their price target on shares of Mosaic from $35.00 to $32.00 and set a “sector perform” rating for the company in a research note on Monday, May 6th. Piper Sandler dropped their price objective on shares of Mosaic from $29.00 to $28.00 and set an “underweight” rating on the stock in a report on Tuesday, June 11th. Mizuho decreased their target price on Mosaic from $34.00 to $33.00 and set a “neutral” rating for the company in a research report on Friday, May 3rd. Finally, Wolfe Research started coverage on Mosaic in a research note on Friday, March 1st. They set an “outperform” rating and a $39.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $38.29.

Mosaic Company 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.