SG Americas Securities LLC Has $837,000 Stock Position in The Mosaic Company (NYSE:MOS)

SG Americas Securities LLC cut its stake in The Mosaic Company (NYSE:MOSFree Report) by 44.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,424 shares of the basic materials company’s stock after selling 18,828 shares during the period. SG Americas Securities LLC’s holdings in Mosaic were worth $837,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of MOS. Clear Street Markets LLC boosted its position in shares of Mosaic by 93.9% in the 1st quarter. Clear Street Markets LLC now owns 669 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 324 shares during the last quarter. High Net Worth Advisory Group LLC bought a new position in Mosaic during the first quarter worth about $33,000. First Command Bank boosted its holdings in shares of Mosaic by 60.1% during the second quarter. First Command Bank now owns 866 shares of the basic materials company’s stock worth $41,000 after acquiring an additional 325 shares during the period. Penserra Capital Management LLC bought a new stake in shares of Mosaic during the first quarter worth approximately $44,000. Finally, Carolinas Wealth Consulting LLC boosted its holdings in shares of Mosaic by 3,186.4% during the first quarter. Carolinas Wealth Consulting LLC now owns 723 shares of the basic materials company’s stock worth $48,000 after acquiring an additional 701 shares during the period. 77.54% of the stock is currently owned by institutional investors.

Mosaic Trading Down 0.1 %

NYSE:MOS opened at $32.43 on Tuesday. The Mosaic Company has a 52 week low of $29.25 and a 52 week high of $48.92. The firm has a 50-day moving average price of $31.29 and a two-hundred day moving average price of $33.86. The firm has a market cap of $10.43 billion, a price-to-earnings ratio of 9.29, a price-to-earnings-growth ratio of 1.64 and a beta of 1.50. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.57 and a current ratio of 1.22.

Mosaic (NYSE:MOSGet Free Report) last released its earnings results on Thursday, February 22nd. The basic materials company reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.11). The company had revenue of $3.15 billion for the quarter, compared to the consensus estimate of $3.09 billion. Mosaic had a net margin of 8.51% and a return on equity of 9.69%. The firm’s revenue was down 29.7% on a year-over-year basis. During the same period in the prior year, the company earned $1.74 earnings per share. On average, equities analysts expect that The Mosaic Company will post 2.83 earnings per share for the current fiscal year.

Mosaic Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Investors of record on Thursday, June 6th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 2.59%. The ex-dividend date is Thursday, June 6th. Mosaic’s dividend payout ratio (DPR) is presently 24.07%.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Wolfe Research assumed coverage on shares of Mosaic in a research report on Friday, March 1st. They set an “outperform” rating and a $39.00 price objective for the company. Mizuho cut shares of Mosaic from a “buy” rating to a “neutral” rating and cut their price target for the company from $42.00 to $34.00 in a research report on Wednesday, January 24th. The Goldman Sachs Group cut their price target on shares of Mosaic from $54.00 to $48.00 and set a “buy” rating on the stock in a research report on Thursday, February 1st. TheStreet cut shares of Mosaic from a “b-” rating to a “c+” rating in a research report on Tuesday, February 6th. Finally, Wells Fargo & Company upped their target price on shares of Mosaic from $34.00 to $35.00 and gave the stock an “equal weight” rating in a report on Friday, February 23rd. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Mosaic has an average rating of “Hold” and a consensus price target of $40.63.

View Our Latest Report on Mosaic

Mosaic Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Mosaic (NYSE:MOS)

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