Mosaic Co (MOS) Stake Lowered by Parametric Portfolio Associates LLC
Parametric Portfolio Associates LLC cut its holdings in Mosaic Co (NYSE:MOS) by 5.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,185,565 shares of the basic materials company’s stock after selling 65,528 shares during the period. Parametric Portfolio Associates LLC owned 0.34% of Mosaic worth $25,596,000 as of its most recent filing with the SEC.
Several other institutional investors have also bought and sold shares of MOS. YorkBridge Wealth Partners LLC grew its position in Mosaic by 13,636.4% during the third quarter. YorkBridge Wealth Partners LLC now owns 6,044 shares of the basic materials company’s stock worth $130,000 after buying an additional 6,000 shares in the last quarter. Pacer Advisors Inc. grew its position in Mosaic by 8.7% during the second quarter. Pacer Advisors Inc. now owns 7,366 shares of the basic materials company’s stock worth $168,000 after buying an additional 587 shares in the last quarter. Greenwood Capital Associates LLC grew its position in Mosaic by 30.5% during the second quarter. Greenwood Capital Associates LLC now owns 9,445 shares of the basic materials company’s stock worth $216,000 after buying an additional 2,210 shares in the last quarter. Westover Capital Advisors LLC acquired a new stake in Mosaic during the second quarter worth about $218,000. Finally, Koch Industries Inc. acquired a new stake in Mosaic during the second quarter worth about $225,000. Institutional investors and hedge funds own 76.77% of the company’s stock.
MOS has been the topic of a number of recent research reports. BMO Capital Markets reissued a “hold” rating and set a $25.00 target price on shares of Mosaic in a research report on Friday, September 8th. Piper Jaffray Companies set a $23.00 target price on Mosaic and gave the stock a “hold” rating in a research report on Friday, October 6th. initiated coverage on Mosaic in a research report on Wednesday, October 11th. They set a “buy” rating and a $24.80 target price on the stock. Stifel Nicolaus reissued a “hold” rating and set a $24.00 target price on shares of Mosaic in a research report on Thursday, October 12th. Finally, Zacks Investment Research downgraded Mosaic from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $24.07.
Shares of Mosaic Co (NYSE MOS) opened at $25.52 on Monday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.78. The firm has a market capitalization of $8,960.00, a P/E ratio of 26.86, a price-to-earnings-growth ratio of 2.64 and a beta of 1.31. Mosaic Co has a 1-year low of $19.23 and a 1-year high of $34.36.
Mosaic (NYSE:MOS) last released its quarterly earnings data on Tuesday, October 31st. The basic materials company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.18. The company had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.93 billion. Mosaic had a return on equity of 3.61% and a net margin of 4.68%. The company’s quarterly revenue was up 1.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.41 earnings per share. equities research analysts predict that Mosaic Co will post 1.01 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Thursday, March 1st will be issued a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date is Wednesday, February 28th. Mosaic’s payout ratio is 10.53%.
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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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