Blair William & Co. IL Has $1.40 Million Holdings in The Mosaic Company $MOS

Blair William & Co. IL lifted its holdings in The Mosaic Company (NYSE:MOS) by 3.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,455 shares of the basic materials company’s stock after acquiring an additional 1,446 shares during the quarter. Blair William & Co. IL’s holdings in Mosaic were worth $1,403,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Bangor Savings Bank acquired a new position in shares of Mosaic in the 2nd quarter worth approximately $26,000. Reyes Financial Architecture Inc. acquired a new position in shares of Mosaic in the 2nd quarter worth approximately $31,000. Geneos Wealth Management Inc. boosted its holdings in shares of 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 acquiring an additional 601 shares in the last quarter. Grove Bank & Trust boosted its holdings in shares of 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 acquiring an additional 474 shares in the last quarter. Finally, Allworth Financial LP boosted its holdings in shares of 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 acquiring an additional 537 shares in the last quarter. 77.54% of the stock is owned by institutional investors and hedge funds.

Mosaic Price Performance

MOS opened at $29.80 on Thursday. 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 Mosaic Company has a 12 month low of $22.36 and a 12 month high of $38.23. The company has a fifty day simple moving average of $33.19 and a 200 day simple moving average of $33.09. The stock has a market cap of $9.46 billion, a P/E ratio of 10.10, a P/E/G ratio of 1.46 and a beta of 1.00.

Mosaic (NYSE:MOS) last released its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.20). Mosaic had a net margin of 8.35% and a return on equity of 4.74%. The firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3.11 billion. During the same quarter in the prior year, the company earned $0.54 EPS. Mosaic’s quarterly revenue was up 6.7% on a year-over-year basis. On average, research analysts expect that The Mosaic Company will post 2.04 EPS for the current 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 $0.22 dividend. The ex-dividend date was Monday, September 8th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.0%. Mosaic’s dividend payout ratio is currently 29.83%.

Analyst Ratings Changes

Several research analysts recently weighed in on MOS shares. Bank of America dropped their price objective on shares of Mosaic from $49.00 to $43.00 and set a “buy” rating for the company in a research report on Tuesday. Zacks Research cut shares of Mosaic from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. Barclays dropped their price objective on shares of Mosaic from $46.00 to $44.00 and set an “overweight” rating for the company in a research report on Thursday, October 9th. Wall Street Zen cut shares of Mosaic from a “buy” rating to a “hold” rating in a research report on Saturday, September 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Mosaic in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, Mosaic has an average rating of “Moderate Buy” and a consensus target price of $35.15.

Mosaic 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.