Goehring & Rozencwajg Associates LLC Has $10.97 Million Position in The Mosaic Company (NYSE:MOS)

Goehring & Rozencwajg Associates LLC reduced its position in The Mosaic Company (NYSE:MOS - Free Report) by 4.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 451,979 shares of the basic materials company's stock after selling 20,078 shares during the period. Mosaic comprises 2.2% of Goehring & Rozencwajg Associates LLC's holdings, making the stock its 17th largest position. Goehring & Rozencwajg Associates LLC owned about 0.14% of Mosaic worth $10,974,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Creative Planning grew its stake in shares of Mosaic by 46.5% during the second quarter. Creative Planning now owns 24,487 shares of the basic materials company's stock worth $708,000 after buying an additional 7,772 shares during the last quarter. Truist Financial Corp increased its position in shares of Mosaic by 39.9% during the second quarter. Truist Financial Corp now owns 14,553 shares of the basic materials company's stock worth $421,000 after acquiring an additional 4,152 shares in the last quarter. Czech National Bank grew its holdings in Mosaic by 6.0% during the third quarter. Czech National Bank now owns 64,909 shares of the basic materials company's stock worth $1,738,000 after buying an additional 3,664 shares in the last quarter. GAMMA Investing LLC increased its stake in Mosaic by 5.8% in the 3rd quarter. GAMMA Investing LLC now owns 9,498 shares of the basic materials company's stock valued at $254,000 after buying an additional 517 shares during the last quarter. Finally, CWM LLC raised its position in Mosaic by 41.2% in the third quarter. CWM LLC now owns 16,738 shares of the basic materials company's stock worth $448,000 after acquiring an additional 4,888 shares during the period. 77.54% of the stock is owned by institutional investors.

Mosaic Stock Performance

Shares of NYSE MOS traded down $0.80 during trading on Wednesday, reaching $26.15. 7,169,703 shares of the company traded hands, compared to its average volume of 4,917,579. The stock has a market cap of $8.31 billion, a P/E ratio of 23.14, a PEG 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 firm's fifty day simple moving average is $26.14 and its 200 day simple moving average is $26.59. The Mosaic Company has a 12-month low of $23.56 and a 12-month high of $33.44.

Mosaic (NYSE:MOS - Get Free Report) last issued 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). Mosaic had a net margin of 3.24% and a return on equity of 6.00%. The business had revenue of $2.81 billion during the quarter, compared to analyst estimates of $3.17 billion. During the same quarter last year, the company earned $0.68 earnings per share. Mosaic's quarterly revenue was down 20.8% on a year-over-year basis. As a group, research analysts anticipate that The Mosaic Company will post 2.04 earnings per share for the current fiscal year.

Mosaic Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be issued a $0.22 dividend. This is a boost from Mosaic's previous quarterly dividend of $0.21. The ex-dividend date is Thursday, March 6th. This represents a $0.88 annualized dividend and a dividend yield of 3.37%. Mosaic's dividend payout ratio is presently 74.34%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Oppenheimer assumed coverage on Mosaic in a report on Thursday, December 12th. They issued a "market perform" rating for the company. CIBC started coverage on Mosaic in a report on Tuesday, December 10th. They issued a "neutral" rating and a $55.00 price objective for the company. Morgan Stanley reduced their price target 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. Piper Sandler upped their price target on shares of Mosaic from $30.00 to $33.00 and gave the stock a "neutral" rating in a research note on Monday, January 27th. Finally, Mizuho raised their price target on shares of Mosaic from $28.00 to $29.00 and gave the company a "neutral" rating in a report on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, Mosaic presently has an average rating of "Hold" and a consensus price target of $33.80.

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.