The Mosaic Company $MOS Position Reduced by Strengthening Families & Communities LLC

Strengthening Families & Communities LLC decreased its position in shares of The Mosaic Company (NYSE:MOS) by 11.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,724 shares of the basic materials company’s stock after selling 486 shares during the period. Strengthening Families & Communities LLC’s holdings in Mosaic were worth $129,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ancora Advisors LLC increased its holdings in shares of Mosaic by 0.9% in the first quarter. Ancora Advisors LLC now owns 40,256 shares of the basic materials company’s stock valued at $1,087,000 after buying an additional 350 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of Mosaic by 27.8% in the first quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock valued at $47,000 after buying an additional 380 shares in the last quarter. Twin Capital Management Inc. increased its holdings in shares of Mosaic by 2.7% in the first quarter. Twin Capital Management Inc. now owns 14,590 shares of the basic materials company’s stock valued at $394,000 after buying an additional 384 shares in the last quarter. UMB Bank n.a. increased its holdings in shares of Mosaic by 25.7% in the second quarter. UMB Bank n.a. now owns 1,893 shares of the basic materials company’s stock valued at $69,000 after buying an additional 387 shares in the last quarter. Finally, Abundance Wealth Counselors increased its holdings in shares of Mosaic by 1.8% in the second quarter. Abundance Wealth Counselors now owns 22,777 shares of the basic materials company’s stock valued at $827,000 after buying an additional 413 shares in the last quarter. Institutional investors own 77.54% of the company’s stock.

Mosaic Trading Down 9.1%

NYSE MOS opened at $30.39 on Friday. The Mosaic Company has a twelve month low of $22.36 and a twelve month high of $38.23. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.44 and a current ratio of 1.14. The stock has a market cap of $9.64 billion, a price-to-earnings ratio of 10.30, a PEG ratio of 1.61 and a beta of 1.00. The firm’s 50 day moving average price is $33.42 and its two-hundred day moving average price is $33.02.

Mosaic (NYSE:MOS) last posted its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.20). Mosaic had a net margin of 8.35% and a return on equity of 4.74%. The company had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3.11 billion. During the same quarter in the prior year, the firm earned $0.54 earnings per share. The company’s revenue was up 6.7% on a year-over-year basis. Equities analysts anticipate that The Mosaic Company will post 2.04 EPS for the current year.

Mosaic Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Monday, September 8th were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Monday, September 8th. Mosaic’s payout ratio is currently 29.83%.

Wall Street Analysts Forecast Growth

MOS has been the topic of several research reports. Zacks Research raised Mosaic from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 14th. JPMorgan Chase & Co. upped their price target on Mosaic from $35.00 to $37.00 and gave the company an “overweight” rating in a report on Monday, August 11th. UBS Group dropped their price target on Mosaic from $46.00 to $44.00 and set a “buy” rating on the stock in a report on Monday. Wells Fargo & Company dropped their price target on Mosaic from $38.00 to $34.00 and set an “equal weight” rating on the stock in a report on Thursday, August 7th. Finally, Scotiabank cut Mosaic from a “sector outperform” rating to a “sector perform” rating and dropped their price target for the company from $39.00 to $34.00 in a report on Friday. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $34.83.

Mosaic Company Profile

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and Mosaic Fertilizantes. 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, as well as produces a double sulfate of potash magnesia product under K-Mag brand name.