Boston Partners raised its holdings in shares of The Mosaic Company (NYSE:MOS) by 27.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 179,240 shares of the basic materials company’s stock after acquiring an additional 39,099 shares during the quarter. Boston Partners owned approximately 0.05% of The Mosaic worth $4,352,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also modified their holdings of MOS. SeaCrest Wealth Management LLC purchased a new position in shares of The Mosaic during the 4th quarter worth $106,000. Cerebellum GP LLC purchased a new position in shares of The Mosaic during the 4th quarter worth $130,000. Stuart Chaussee & Associates Inc. purchased a new position in shares of The Mosaic during the 4th quarter worth $138,000. Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of The Mosaic by 60.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 6,000 shares of the basic materials company’s stock worth $154,000 after acquiring an additional 2,257 shares during the last quarter. Finally, Calton & Associates Inc. purchased a new position in shares of The Mosaic during the 4th quarter worth $181,000. Institutional investors and hedge funds own 80.79% of the company’s stock.
Shares of The Mosaic opened at $28.02 on Friday, according to Marketbeat Ratings. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.80 and a current ratio of 1.73. The firm has a market capitalization of $9.68 billion, a price-to-earnings ratio of 25.71, a P/E/G ratio of 2.70 and a beta of 1.25. The Mosaic Company has a 52-week low of $27.49 and a 52-week high of $27.85.
The Mosaic (NYSE:MOS) last announced its quarterly earnings results on Monday, February 19th. The basic materials company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.07. The company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $1.91 billion. The Mosaic had a negative net margin of 0.82% and a positive return on equity of 4.44%. The Mosaic’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.03 EPS. equities analysts forecast that The Mosaic Company will post 1.46 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, June 21st. Shareholders of record on Thursday, June 7th will be issued a $0.025 dividend. The ex-dividend date of this dividend is Wednesday, June 6th. This represents a $0.10 dividend on an annualized basis and a yield of 0.36%. The Mosaic’s dividend payout ratio is currently 9.17%.
A number of research firms recently weighed in on MOS. Royal Bank of Canada upgraded shares of The Mosaic from a “sector perform” rating to an “outperform” rating and lowered their target price for the company from $32.00 to $30.00 in a research note on Thursday, May 10th. Stifel Nicolaus lifted their target price on shares of The Mosaic from $28.00 to $32.00 and gave the company a “hold” rating in a research note on Tuesday. BMO Capital Markets lifted their target price on shares of The Mosaic from $26.00 to $28.00 and gave the company a “market perform” rating in a research note on Wednesday, May 9th. Credit Suisse Group lifted their target price on shares of The Mosaic from $20.00 to $22.00 and gave the company an “underperform” rating in a research note on Wednesday, May 9th. Finally, Zacks Investment Research cut shares of The Mosaic from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 1st. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $26.60.
In related news, Director Robert L. Lumpkins purchased 4,655 shares of The Mosaic stock in a transaction on Wednesday, May 2nd. The shares were bought at an average cost of $27.14 per share, for a total transaction of $126,336.70. Following the acquisition, the director now owns 13,994 shares in the company, valued at approximately $379,797.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kelvin R. Westbrook purchased 1,200 shares of The Mosaic stock in a transaction on Tuesday, February 27th. The stock was bought at an average price of $27.63 per share, for a total transaction of $33,156.00. Following the completion of the acquisition, the director now owns 1,200 shares in the company, valued at approximately $33,156. The disclosure for this purchase can be found here. Insiders own 0.45% of the company’s stock.
The Mosaic Profile
The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients worldwide. The company operates through three segments: Phosphates, Potash, and International Distribution. 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.
Want to see what other hedge funds are holding MOS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Mosaic Company (NYSE:MOS).
Receive News & Ratings for The Mosaic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Mosaic and related companies with MarketBeat.com's FREE daily email newsletter.