MGO One Seven LLC Invests $286,000 in The Mosaic Company $MOS

MGO One Seven LLC acquired a new position in shares of The Mosaic Company (NYSE:MOS) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 7,827 shares of the basic materials company’s stock, valued at approximately $286,000.

Other institutional investors also recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Mosaic by 36.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 56,284 shares of the basic materials company’s stock worth $1,520,000 after acquiring an additional 14,943 shares during the period. Oppenheimer & Co. Inc. acquired a new stake in shares of Mosaic in the first quarter valued at approximately $1,119,000. Wealth Enhancement Advisory Services LLC raised its position in shares of Mosaic by 19.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 47,186 shares of the basic materials company’s stock valued at $1,275,000 after buying an additional 7,828 shares in the last quarter. US Bancorp DE raised its position in shares of Mosaic by 204.1% in the second quarter. US Bancorp DE now owns 43,080 shares of the basic materials company’s stock valued at $1,572,000 after buying an additional 28,912 shares in the last quarter. Finally, Vontobel Holding Ltd. raised its position in shares of Mosaic by 12.8% in the first quarter. Vontobel Holding Ltd. now owns 23,543 shares of the basic materials company’s stock valued at $636,000 after buying an additional 2,663 shares in the last quarter. Institutional investors own 77.54% of the company’s stock.

Mosaic Stock Down 0.5%

Shares of NYSE:MOS opened at $29.29 on Monday. The company has a fifty day moving average of $33.09 and a 200-day moving average of $33.22. The company has a market capitalization of $9.30 billion, a PE ratio of 9.93, a price-to-earnings-growth ratio of 0.96 and a beta of 1.00. 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 Mosaic Company has a 52-week low of $22.36 and a 52-week high of $38.23.

Mosaic (NYSE:MOS) last announced its quarterly earnings results 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 company had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3.11 billion. Mosaic had a return on equity of 4.74% and a net margin of 8.35%.The firm’s quarterly revenue was up 6.7% on a year-over-year basis. During the same quarter last year, the company posted $0.54 earnings per share. On average, equities analysts predict that The Mosaic Company will post 2.04 EPS for the current fiscal year.

Mosaic Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Monday, September 8th were paid a $0.22 dividend. The ex-dividend date of this dividend was Monday, September 8th. This represents a $0.88 annualized dividend and a dividend yield of 3.0%. Mosaic’s payout ratio is currently 29.83%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on MOS shares. Royal Bank Of Canada downgraded shares of Mosaic from an “outperform” rating to a “sector perform” rating and set a $30.00 price target for the company. in a research report on Friday, October 10th. UBS Group dropped their price target on shares of Mosaic from $44.00 to $40.00 and set a “buy” rating for the company in a research report on Monday, October 13th. Wall Street Zen downgraded shares of Mosaic from a “buy” rating to a “hold” rating in a research report on Saturday, September 13th. JPMorgan Chase & Co. lifted their price target on shares of Mosaic from $35.00 to $37.00 and gave the company an “overweight” rating in a research report on Monday, August 11th. Finally, Zacks Research downgraded shares of Mosaic from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, Mosaic presently has a consensus rating of “Moderate Buy” and an average target price of $35.00.

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.