Yousif Capital Management LLC Lowers Stock Position in The Mosaic Company $MOS

Yousif Capital Management LLC reduced its stake in shares of The Mosaic Company (NYSE:MOS) by 2.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,702 shares of the basic materials company’s stock after selling 1,470 shares during the period. Yousif Capital Management LLC’s holdings in Mosaic were worth $1,886,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Bangor Savings Bank purchased a new position in shares of Mosaic during the 2nd quarter valued at about $26,000. Reyes Financial Architecture Inc. purchased a new position in shares of Mosaic during the 2nd quarter valued at about $31,000. Geneos Wealth Management Inc. lifted its holdings in Mosaic by 169.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 601 shares in the last quarter. Grove Bank & Trust lifted its holdings in Mosaic by 88.8% in the 2nd quarter. Grove Bank & Trust now owns 1,008 shares of the basic materials company’s stock worth $37,000 after purchasing an additional 474 shares in the last quarter. Finally, Allworth Financial LP lifted its holdings in Mosaic by 102.3% in the 1st quarter. Allworth Financial LP now owns 1,062 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 537 shares in the last quarter. 77.54% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

MOS has been the topic of a number of research analyst reports. Wells Fargo & Company lowered their price target on Mosaic from $34.00 to $32.00 and set an “equal weight” rating on the stock in a report on Thursday. UBS Group lowered their price target on Mosaic from $44.00 to $40.00 and set a “buy” rating on the stock in a report on Monday, October 13th. JPMorgan Chase & Co. boosted their price target on Mosaic from $35.00 to $37.00 and gave the stock an “overweight” rating in a report on Monday, August 11th. Barclays lowered their price target on Mosaic from $46.00 to $44.00 and set an “overweight” rating on the stock in a report on Thursday, October 9th. Finally, Royal Bank Of Canada cut Mosaic from an “outperform” rating to a “sector perform” rating and set a $30.00 price target on the stock. in a report on Friday, October 10th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Mosaic currently has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.

Mosaic Stock Down 0.5%

Shares of MOS opened at $29.29 on Friday. The stock has a market capitalization of $9.30 billion, a price-to-earnings ratio of 9.93, a price-to-earnings-growth ratio of 0.93 and a beta of 1.00. The Mosaic Company has a 1 year low of $22.36 and a 1 year high of $38.23. The business’s 50 day simple moving average is $33.09 and its 200-day simple moving average is $33.17. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.44.

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

Mosaic Announces Dividend

The company also recently disclosed 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 3.0%. The ex-dividend date of this dividend was Monday, September 8th. Mosaic’s dividend payout ratio is 29.83%.

About Mosaic

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.