DekaBank Deutsche Girozentrale decreased its holdings in shares of Mosaic Co (NYSE:MOS) by 10.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 359,703 shares of the basic materials company’s stock after selling 41,829 shares during the quarter. DekaBank Deutsche Girozentrale owned approximately 0.10% of Mosaic worth $7,437,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Mosaic by 2.2% in the 2nd quarter. Vanguard Group Inc. now owns 36,254,086 shares of the basic materials company’s stock worth $827,681,000 after purchasing an additional 793,205 shares during the last quarter. State Street Corp grew its position in Mosaic by 2.0% in the 2nd quarter. State Street Corp now owns 19,950,012 shares of the basic materials company’s stock worth $455,461,000 after purchasing an additional 397,403 shares during the last quarter. Shapiro Capital Management LLC grew its position in Mosaic by 13.0% in the 2nd quarter. Shapiro Capital Management LLC now owns 6,251,974 shares of the basic materials company’s stock worth $142,733,000 after purchasing an additional 718,812 shares during the last quarter. FMR LLC grew its position in Mosaic by 6.3% in the 2nd quarter. FMR LLC now owns 5,428,123 shares of the basic materials company’s stock worth $123,923,000 after purchasing an additional 319,637 shares during the last quarter. Finally, Alps Advisors Inc. grew its position in Mosaic by 17.4% in the 3rd quarter. Alps Advisors Inc. now owns 2,336,343 shares of the basic materials company’s stock worth $50,442,000 after purchasing an additional 346,093 shares during the last quarter. Hedge funds and other institutional investors own 76.94% of the company’s stock.
Several research analysts have commented on MOS shares. Stifel Nicolaus restated a “hold” rating and issued a $24.00 target price on shares of Mosaic in a research report on Thursday, October 12th. Zacks Investment Research cut shares of Mosaic from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Cleveland Research upgraded shares of Mosaic from a “neutral” rating to a “buy” rating in a research report on Wednesday, November 1st. Piper Jaffray Companies set a $23.00 target price on shares of Mosaic and gave the stock a “hold” rating in a research report on Friday, October 6th. Finally, started coverage on shares of Mosaic in a research report on Wednesday, October 11th. They issued a “buy” rating and a $24.80 target price for the company. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $23.91.
Mosaic Co (MOS) traded down $0.58 during trading on Monday, hitting $23.70. 4,935,117 shares of the stock traded hands, compared to its average volume of 4,466,221. The company has a quick ratio of 0.90, a current ratio of 1.78 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $8,523.47, a PE ratio of 23.80, a PEG ratio of 2.54 and a beta of 1.31. Mosaic Co has a twelve month low of $19.23 and a twelve month high of $34.36.
Mosaic (NYSE:MOS) last posted its quarterly earnings data on Tuesday, October 31st. The basic materials company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.18. The business had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.93 billion. Mosaic had a net margin of 4.68% and a return on equity of 3.61%. The business’s revenue was up 1.7% on a year-over-year basis. During the same period last year, the firm posted $0.41 earnings per share. equities research analysts forecast that Mosaic Co will post 1.01 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Investors of record on Thursday, December 7th will be issued a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 0.42%. The ex-dividend date of this dividend is Wednesday, December 6th. Mosaic’s payout ratio is 62.50%.
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Mosaic Company 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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