Sustainable Insight Capital Management LLC Makes New $602,000 Investment in The Mosaic Company $MOS

Sustainable Insight Capital Management LLC purchased a new stake in shares of The Mosaic Company (NYSE:MOS) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 16,500 shares of the basic materials company’s stock, valued at approximately $602,000.

Other institutional investors have also modified their holdings of the company. Ancora Advisors LLC boosted its stake in Mosaic by 0.9% during the first quarter. Ancora Advisors LLC now owns 40,256 shares of the basic materials company’s stock valued at $1,087,000 after buying an additional 350 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of Mosaic by 27.8% during the 1st quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock valued at $47,000 after purchasing an additional 380 shares in the last quarter. Twin Capital Management Inc. grew its stake in shares of Mosaic by 2.7% in the 1st 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 last quarter. UMB Bank n.a. grew its stake in shares of Mosaic by 25.7% in the 2nd 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 last quarter. Finally, Abundance Wealth Counselors raised its holdings in shares of Mosaic by 1.8% in the 2nd 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 in the last quarter. Institutional investors and hedge funds own 77.54% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Mizuho set a $34.00 target price on shares of Mosaic in a report on Monday, October 20th. Zacks Research downgraded Mosaic from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. Weiss Ratings restated a “hold (c)” rating on shares of Mosaic in a report on Wednesday, October 8th. Wall Street Zen lowered Mosaic from a “buy” rating to a “hold” rating in a research report on Saturday, September 13th. Finally, Scotiabank lowered Mosaic from a “sector outperform” rating to a “sector perform” rating and decreased their price target for the company from $39.00 to $34.00 in a research report on Friday, October 10th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $35.00.

Mosaic Price Performance

NYSE MOS opened at $24.86 on Friday. The company has a 50 day simple moving average of $31.87 and a 200-day simple moving average of $33.47. The Mosaic Company has a 52-week low of $22.36 and a 52-week high of $38.23. The firm has a market capitalization of $7.89 billion, a price-to-earnings ratio of 8.43, a price-to-earnings-growth ratio of 0.94 and a beta of 1.00. 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 released its earnings results on Tuesday, November 4th. The basic materials company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.01. Mosaic had a net margin of 8.35% and a return on equity of 4.74%. The company had revenue of $3.45 billion during the quarter, compared to the consensus estimate of $3.87 billion. During the same quarter in the prior year, the firm earned $0.34 EPS. The company’s revenue was up 22.8% compared to the same quarter last year. Equities research analysts predict that The Mosaic Company will post 2.04 earnings per share for the current fiscal year.

Mosaic Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Monday, September 8th were given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Monday, September 8th. Mosaic’s dividend payout ratio is presently 22.80%.

Mosaic Company 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.