Impact Partnership Wealth LLC Buys New Stake in The Mosaic Company (NYSE:MOS)

Impact Partnership Wealth LLC acquired a new stake in The Mosaic Company (NYSE:MOS - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 13,274 shares of the basic materials company's stock, valued at approximately $326,000.

Several other institutional investors have also added to or reduced their stakes in the business. Crossmark Global Holdings Inc. raised its holdings in shares of Mosaic by 1.5% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 23,345 shares of the basic materials company's stock valued at $625,000 after acquiring an additional 354 shares in the last quarter. CVA Family Office LLC increased its stake in shares of Mosaic by 23.2% during the third quarter. CVA Family Office LLC now owns 2,037 shares of the basic materials company's stock valued at $55,000 after buying an additional 384 shares during the period. V Square Quantitative Management LLC increased its position in Mosaic by 5.1% during the 3rd quarter. V Square Quantitative Management LLC now owns 8,764 shares of the basic materials company's stock valued at $235,000 after purchasing an additional 426 shares during the period. GAMMA Investing LLC boosted its position in Mosaic by 5.8% during the 3rd quarter. GAMMA Investing LLC now owns 9,498 shares of the basic materials company's stock valued at $254,000 after acquiring an additional 517 shares in the last quarter. Finally, Blue Trust Inc. grew its holdings in shares of Mosaic by 46.4% during the 3rd quarter. Blue Trust Inc. now owns 1,799 shares of the basic materials company's stock worth $52,000 after acquiring an additional 570 shares during the period. 77.54% of the stock is owned by hedge funds and other institutional investors.

Mosaic Stock Performance

Shares of NYSE MOS traded down $0.56 during midday trading on Friday, hitting $28.24. 4,983,119 shares of the company's stock traded hands, compared to its average volume of 3,965,033. The firm has a fifty day moving average of $25.78 and a 200 day moving average of $26.72. The Mosaic Company has a 1 year low of $23.56 and a 1 year high of $33.44. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.49 and a current ratio of 1.19. The stock has a market capitalization of $8.97 billion, a price-to-earnings ratio of 24.99, a price-to-earnings-growth ratio of 1.49 and a beta of 1.34.

Mosaic (NYSE:MOS - Get Free Report) last announced its earnings results 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). The company had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $3.17 billion. Mosaic had a return on equity of 6.00% and a net margin of 3.24%. Mosaic's revenue for the quarter was down 20.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.68 earnings per share. On average, analysts forecast that The Mosaic Company will post 2.05 earnings per share for the current year.

Mosaic Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be issued a dividend of $0.22 per share. The ex-dividend date is Thursday, March 6th. This represents a $0.88 annualized dividend and a yield of 3.12%. This is an increase from Mosaic's previous quarterly dividend of $0.21. Mosaic's payout ratio is currently 74.34%.

Wall Street Analyst Weigh In

MOS has been the topic of a number of research reports. CIBC began coverage on shares of Mosaic in a report on Tuesday, December 10th. They set a "neutral" rating and a $55.00 target price on the stock. Royal Bank of Canada reissued a "sector perform" rating and set a $30.00 price objective on shares of Mosaic in a research note on Thursday, November 14th. Barclays lowered shares of Mosaic from an "overweight" rating to an "underweight" rating and lowered their target price for the company from $30.00 to $27.00 in a report on Tuesday. Oppenheimer began coverage on Mosaic in a research report on Thursday, December 12th. They set a "market perform" rating for the company. Finally, Morgan Stanley dropped their target price on Mosaic from $40.00 to $30.00 and set an "equal weight" rating on the stock in a report on Monday, January 13th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $34.82.

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.