Decker Retirement Planning Inc. Invests $3.67 Million in The Mosaic Company $MOS

Decker Retirement Planning Inc. purchased a new stake in shares of The Mosaic Company (NYSE:MOS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 100,541 shares of the basic materials company’s stock, valued at approximately $3,668,000. Mosaic accounts for about 2.1% of Decker Retirement Planning Inc.’s holdings, making the stock its 13th largest position.

Other hedge funds also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its position in Mosaic by 4.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 11,497,545 shares of the basic materials company’s stock valued at $310,549,000 after purchasing an additional 456,327 shares during the period. Boston Partners lifted its position in shares of Mosaic by 42.2% in the 1st quarter. Boston Partners now owns 7,979,380 shares of the basic materials company’s stock worth $215,540,000 after purchasing an additional 2,368,094 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Mosaic by 100.9% during the second quarter. Bank of New York Mellon Corp now owns 3,806,663 shares of the basic materials company’s stock valued at $138,867,000 after purchasing an additional 1,912,064 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Mosaic by 6.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 3,595,452 shares of the basic materials company’s stock valued at $97,113,000 after buying an additional 226,856 shares during the period. Finally, Fuller & Thaler Asset Management Inc. purchased a new position in Mosaic during the first quarter valued at approximately $54,953,000. 77.54% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on MOS shares. Weiss Ratings restated a “hold (c)” rating on shares of Mosaic in a report on Wednesday, October 8th. JPMorgan Chase & Co. upped their price objective on Mosaic from $35.00 to $37.00 and gave the stock an “overweight” rating in a research note on Monday, August 11th. Mizuho set a $34.00 target price on Mosaic in a research note on Monday, October 20th. Bank of America reduced their target price on shares of Mosaic from $49.00 to $43.00 and set a “buy” rating for the company in a report on Tuesday, October 14th. Finally, Zacks Research cut shares of Mosaic from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, Mosaic presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.

Mosaic Trading Up 2.7%

Shares of NYSE:MOS opened at $25.60 on Friday. The business’s 50-day moving average is $31.72 and its 200 day moving average is $33.46. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.44. The Mosaic Company has a 1 year low of $22.36 and a 1 year high of $38.23. The firm has a market capitalization of $8.12 billion, a P/E ratio of 8.68, a P/E/G ratio of 0.94 and a beta of 1.00.

Mosaic (NYSE:MOS) last issued its quarterly earnings results on Tuesday, November 4th. The basic materials company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.01. Mosaic had a return on equity of 4.74% and a net margin of 8.35%.The business had revenue of $3.45 billion for the quarter, compared to analyst estimates of $3.87 billion. During the same quarter in the previous year, the firm earned $0.34 earnings per share. The company’s revenue was up 22.8% on a year-over-year basis. On average, research analysts predict that The Mosaic Company will post 2.04 earnings per share for the current fiscal year.

Mosaic Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Monday, September 8th were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Monday, September 8th. Mosaic’s payout ratio is currently 22.80%.

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.