SG Americas Securities LLC Acquires 23,977 Shares of Mosaic Co (MOS)

SG Americas Securities LLC boosted its position in shares of Mosaic Co (NYSE:MOS) by 22.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 130,927 shares of the basic materials company’s stock after purchasing an additional 23,977 shares during the quarter. SG Americas Securities LLC’s holdings in Mosaic were worth $2,827,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in MOS. YorkBridge Wealth Partners LLC boosted its holdings in shares of Mosaic by 13,636.4% during the 3rd quarter. YorkBridge Wealth Partners LLC now owns 6,044 shares of the basic materials company’s stock valued at $130,000 after acquiring an additional 6,000 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in shares of Mosaic by 8.7% during the 2nd quarter. Pacer Advisors Inc. now owns 7,366 shares of the basic materials company’s stock valued at $168,000 after acquiring an additional 587 shares during the last quarter. Greenwood Capital Associates LLC boosted its holdings in shares of Mosaic by 30.5% during the 2nd quarter. Greenwood Capital Associates LLC now owns 9,445 shares of the basic materials company’s stock valued at $216,000 after acquiring an additional 2,210 shares during the last quarter. Westover Capital Advisors LLC purchased a new stake in shares of Mosaic during the 2nd quarter valued at about $218,000. Finally, Koch Industries Inc. purchased a new stake in shares of Mosaic during the 2nd quarter valued at about $225,000. 76.94% of the stock is currently owned by institutional investors.

Mosaic Co (NYSE MOS) traded up $0.46 during midday trading on Thursday, reaching $23.87. 5,424,248 shares of the company’s stock were exchanged, compared to its average volume of 4,472,755. Mosaic Co has a 12 month low of $19.23 and a 12 month high of $34.36. The company has a market cap of $8,369.01, a PE ratio of 23.37, a price-to-earnings-growth ratio of 2.49 and a beta of 1.31. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.78.

Mosaic (NYSE:MOS) last released its earnings results on Tuesday, October 31st. The basic materials company reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.18. Mosaic had a net margin of 4.68% and a return on equity of 3.61%. The company had revenue of $1.98 billion for the quarter, compared to analysts’ expectations of $1.93 billion. During the same quarter last year, the business earned $0.41 EPS. The firm’s revenue was up 1.7% compared to the same quarter last year. sell-side analysts predict that Mosaic Co will post 1.01 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 21st. Shareholders 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 is Wednesday, December 6th. Mosaic’s dividend payout ratio (DPR) is currently 62.50%.

A number of analysts have recently issued reports on the stock. Cowen raised their price target on shares of Mosaic from $21.00 to $24.00 and gave the company a “market perform” rating in a report on Wednesday, November 22nd. Zacks Investment Research raised shares of Mosaic from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a report on Tuesday, November 14th. Citigroup increased their price objective on shares of Mosaic from $23.00 to $25.00 and gave the stock a “neutral” rating in a research note on Thursday, November 2nd. BMO Capital Markets increased their price objective on shares of Mosaic from $23.00 to $24.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 1st. Finally, Cleveland Research upgraded shares of Mosaic from a “neutral” rating to a “buy” rating in a research note on Wednesday, November 1st. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $23.91.

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Mosaic 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.

Institutional Ownership by Quarter for Mosaic (NYSE:MOS)

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