The Mosaic Company (NYSE:MOS) Shares Purchased by XTX Topco Ltd

XTX Topco Ltd lifted its position in shares of The Mosaic Company (NYSE:MOS) by 157.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 51,097 shares of the basic materials company’s stock after acquiring an additional 31,254 shares during the quarter. XTX Topco Ltd’s holdings in Mosaic were worth $1,477,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Blair William & Co. IL increased its position in Mosaic by 1.8% during the 2nd quarter. Blair William & Co. IL now owns 30,921 shares of the basic materials company’s stock worth $894,000 after purchasing an additional 544 shares during the period. Vanguard Personalized Indexing Management LLC boosted its stake in shares of Mosaic by 16.3% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 42,141 shares of the basic materials company’s stock valued at $1,216,000 after buying an additional 5,918 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in Mosaic by 56.8% during the second quarter. Mercer Global Advisors Inc. ADV now owns 23,595 shares of the basic materials company’s stock worth $678,000 after acquiring an additional 8,550 shares during the period. Meiji Yasuda Asset Management Co Ltd. raised its position in Mosaic by 6.8% in the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 10,613 shares of the basic materials company’s stock worth $307,000 after acquiring an additional 678 shares in the last quarter. Finally, Bradley Foster & Sargent Inc. CT acquired a new stake in Mosaic in the second quarter valued at $1,095,000. 77.54% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Mosaic news, Director Kelvin R. Westbrook sold 12,666 shares of the firm’s stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $27.32, for a total value of $346,035.12. Following the sale, the director now directly owns 34,359 shares of the company’s stock, valued at approximately $938,687.88. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, SVP Walter F. Precourt III sold 39,748 shares of the business’s stock in a transaction that occurred on Tuesday, August 13th. The shares were sold at an average price of $27.96, for a total value of $1,111,354.08. Following the completion of the sale, the senior vice president now directly owns 136,682 shares in the company, valued at $3,821,628.72. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Kelvin R. Westbrook sold 12,666 shares of the stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $27.32, for a total transaction of $346,035.12. Following the transaction, the director now directly owns 34,359 shares in the company, valued at approximately $938,687.88. The disclosure for this sale can be found here. Company insiders own 0.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $30.00 price target on shares of Mosaic in a research note on Monday, August 12th. Piper Sandler lowered their target price on shares of Mosaic from $29.00 to $28.00 and set an “underweight” rating on the stock in a research report on Tuesday, June 11th. UBS Group reduced their price target on shares of Mosaic from $33.00 to $30.00 and set a “neutral” rating for the company in a research report on Tuesday, July 9th. Wells Fargo & Company lowered their price target on Mosaic from $31.00 to $29.00 and set an “equal weight” rating on the stock in a report on Friday, August 9th. Finally, Barclays dropped their price objective on Mosaic from $39.00 to $32.00 and set an “overweight” rating for the company in a research note on Friday, August 16th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, Mosaic currently has a consensus rating of “Hold” and a consensus target price of $35.33.

Mosaic Trading Down 4.4 %

Mosaic stock opened at $25.56 on Friday. The stock has a 50-day moving average price of $27.70 and a 200 day moving average price of $29.31. The Mosaic Company has a 52 week low of $24.11 and a 52 week high of $38.30. The stock has a market cap of $8.22 billion, a PE ratio of 10.88, a P/E/G ratio of 1.57 and a beta of 1.36. The company has a current ratio of 1.16, a quick ratio of 0.54 and a debt-to-equity ratio of 0.27.

Mosaic (NYSE:MOS) last posted its quarterly earnings data on Tuesday, August 6th. The basic materials company reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.12). Mosaic had a net margin of 2.01% and a return on equity of 6.92%. The firm had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same period in the prior year, the firm earned $1.04 EPS. The business’s quarterly revenue was down 17.0% on a year-over-year basis. Equities research analysts predict that The Mosaic Company will post 2.26 earnings per share for the current fiscal year.

Mosaic Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date was Thursday, September 5th. Mosaic’s dividend payout ratio is currently 35.74%.

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.