1,687 Shares in The Mosaic Company $MOS Bought by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC bought a new position in shares of The Mosaic Company (NYSE:MOS) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,687 shares of the basic materials company’s stock, valued at approximately $62,000.

Other institutional investors have also added to or reduced their stakes in the company. Ancora Advisors LLC boosted its position in Mosaic by 0.9% during the first quarter. Ancora Advisors LLC now owns 40,256 shares of the basic materials company’s stock worth $1,087,000 after purchasing an additional 350 shares during the period. NewEdge Advisors LLC boosted its position in Mosaic by 27.8% during the first quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock worth $47,000 after purchasing an additional 380 shares during the period. Twin Capital Management Inc. boosted its position in Mosaic by 2.7% during the first quarter. Twin Capital Management Inc. now owns 14,590 shares of the basic materials company’s stock worth $394,000 after purchasing an additional 384 shares during the period. UMB Bank n.a. boosted its position in Mosaic by 25.7% during the second quarter. UMB Bank n.a. now owns 1,893 shares of the basic materials company’s stock worth $69,000 after purchasing an additional 387 shares during the period. Finally, Abundance Wealth Counselors boosted its position in Mosaic by 1.8% during the second quarter. Abundance Wealth Counselors now owns 22,777 shares of the basic materials company’s stock worth $827,000 after purchasing an additional 413 shares during the period. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Mosaic Trading Down 9.1%

MOS opened at $30.39 on Monday. The Mosaic Company has a twelve month low of $22.36 and a twelve month high of $38.23. The company has a 50-day simple moving average of $33.42 and a 200 day simple moving average of $33.10. The company has a quick ratio of 0.44, a current ratio of 1.14 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $9.64 billion, a price-to-earnings ratio of 10.30, a P/E/G ratio of 1.46 and a beta of 1.00.

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

Mosaic Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on MOS shares. Scotiabank cut shares of Mosaic from a “sector outperform” rating to a “sector perform” rating and reduced their price objective for the stock from $39.00 to $34.00 in a research report on Friday. Royal Bank Of Canada cut shares of Mosaic from an “outperform” rating to a “sector perform” rating and set a $30.00 target price for the company. in a research report on Friday. Zacks Research cut shares of Mosaic from a “strong-buy” rating to a “hold” rating in a research report on Thursday. Weiss Ratings reissued a “hold (c)” rating on shares of Mosaic in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company reduced their target price on shares of Mosaic from $38.00 to $34.00 and set an “equal weight” rating for the company in a research report on Thursday, August 7th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, Mosaic presently has an average rating of “Hold” and a consensus price target of $34.83.

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.