Shell Asset Management Co. lifted its stake in Mosaic Company (The) (NYSE:MOS) by 101.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,005 shares of the company’s stock after purchasing an additional 25,221 shares during the quarter. Shell Asset Management Co.’s holdings in Mosaic Company (The) were worth $2,221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of Mosaic Company (The) by 2.2% during the 2nd quarter. Vanguard Group Inc. now owns 36,254,086 shares of the company’s stock valued at $827,681,000 after acquiring an additional 793,205 shares during the period. State Street Corp grew its stake in shares of Mosaic Company (The) by 2.0% during the 2nd quarter. State Street Corp now owns 19,950,012 shares of the company’s stock valued at $455,461,000 after acquiring an additional 397,403 shares during the period. Shapiro Capital Management LLC boosted its stake in Mosaic Company (The) by 13.0% in the 2nd quarter. Shapiro Capital Management LLC now owns 6,251,974 shares of the company’s stock worth $142,733,000 after purchasing an additional 718,812 shares during the period. FMR LLC boosted its stake in Mosaic Company (The) by 6.3% in the 2nd quarter. FMR LLC now owns 5,428,123 shares of the company’s stock worth $123,923,000 after purchasing an additional 319,637 shares during the period. Finally, NN Investment Partners Holdings N.V. boosted its stake in Mosaic Company (The) by 146.0% in the 2nd quarter. NN Investment Partners Holdings N.V. now owns 2,547,323 shares of the company’s stock worth $58,156,000 after purchasing an additional 1,511,638 shares during the period. 77.81% of the stock is owned by institutional investors and hedge funds.
Mosaic Company (MOS) traded up C$0.34 during midday trading on Friday, reaching C$22.84. The company’s stock had a trading volume of 4,834,700 shares, compared to its average volume of 4,473,120. Mosaic Company has a one year low of C$19.23 and a one year high of C$34.36. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.78 and a quick ratio of 0.90. The firm has a market capitalization of $7,898.60, a price-to-earnings ratio of 22.06, a P/E/G ratio of 2.68 and a beta of 1.27.
Mosaic Company (The) (NYSE:MOS) last posted its earnings results on Tuesday, October 31st. The company reported C$0.43 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.25 by C$0.18. The company had revenue of C$1.98 billion for the quarter, compared to the consensus estimate of C$1.93 billion. Mosaic Company (The) had a return on equity of 3.61% and a net margin of 4.68%. The company’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.41 earnings per share. equities research analysts predict that Mosaic Company will post 0.88 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 21st. Investors of record on Thursday, December 7th will be issued a $0.025 dividend. The ex-dividend date of this dividend is Wednesday, December 6th. This represents a $0.10 annualized dividend and a dividend yield of 0.44%. Mosaic Company (The)’s dividend payout ratio is presently 62.50%.
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A number of research analysts have recently commented on the company. Piper Jaffray Companies set a $23.00 target price on Mosaic Company (The) and gave the company a “hold” rating in a research report on Friday, October 6th. Stifel Nicolaus restated a “hold” rating and set a $24.00 price target (down previously from $27.00) on shares of Mosaic Company (The) in a report on Tuesday, August 8th. Zacks Investment Research lowered Mosaic Company (The) from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Scotiabank upgraded Mosaic Company (The) from an “underperform” rating to a “sector perform” rating in a report on Wednesday, November 1st. Finally, BidaskClub lowered Mosaic Company (The) from a “sell” rating to a “strong sell” rating in a research note on Friday, August 11th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company’s stock. Mosaic Company (The) currently has a consensus rating of “Hold” and an average target price of C$23.91.
In related news, Director Robert L. Lumpkins purchased 7,000 shares of the business’s stock in a transaction on Monday, August 21st. The shares were bought at an average price of C$19.94 per share, for a total transaction of C$139,580.00. Following the acquisition, the director now directly owns 9,339 shares in the company, valued at C$186,219.66. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.38% of the stock is owned by corporate insiders.
Mosaic Company (The) Profile
The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.
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