The Mosaic Company (NYSE:MOS) Stock Holdings Increased by Simplicity Solutions LLC

Simplicity Solutions LLC increased its holdings in The Mosaic Company (NYSE:MOS) by 9.1% during the fourth quarter, Holdings Channel reports. The firm owned 65,123 shares of the basic materials company’s stock after purchasing an additional 5,417 shares during the period. Simplicity Solutions LLC’s holdings in Mosaic were worth $2,327,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Bornite Capital Management LP purchased a new position in Mosaic during the first quarter valued at approximately $13,300,000. Sei Investments Co. grew its position in Mosaic by 7.2% during the first quarter. Sei Investments Co. now owns 189,494 shares of the basic materials company’s stock valued at $12,614,000 after purchasing an additional 12,679 shares in the last quarter. Cetera Investment Advisers grew its position in Mosaic by 7.9% during the first quarter. Cetera Investment Advisers now owns 20,546 shares of the basic materials company’s stock valued at $1,366,000 after purchasing an additional 1,507 shares in the last quarter. National Pension Service purchased a new position in Mosaic during the first quarter valued at approximately $30,360,000. Finally, Baird Financial Group Inc. grew its position in Mosaic by 55.4% during the first quarter. Baird Financial Group Inc. now owns 312,013 shares of the basic materials company’s stock valued at $20,749,000 after purchasing an additional 111,236 shares in the last quarter. Institutional investors and hedge funds own 77.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Scotiabank raised shares of Mosaic from a “sector perform” rating to a “sector outperform” rating and set a $40.00 target price for the company in a research report on Thursday, February 22nd. Mizuho downgraded shares of Mosaic from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $42.00 to $34.00 in a report on Wednesday, January 24th. The Goldman Sachs Group cut their target price on shares of Mosaic from $54.00 to $48.00 and set a “buy” rating for the company in a research note on Thursday, February 1st. Wolfe Research started coverage on shares of Mosaic in a research note on Friday, March 1st. They set an “outperform” rating and a $39.00 target price for the company. Finally, TheStreet cut shares of Mosaic from a “b-” rating to a “c+” rating in a research note on Tuesday, February 6th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, Mosaic currently has a consensus rating of “Hold” and a consensus price target of $40.27.

Mosaic Trading Down 3.0 %

Shares of MOS stock opened at $31.12 on Monday. The Mosaic Company has a 52-week low of $29.25 and a 52-week high of $48.92. The stock has a market cap of $10.01 billion, a price-to-earnings ratio of 8.92, a P/E/G ratio of 1.58 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. The firm has a fifty day moving average of $31.44 and a 200-day moving average of $33.58.

Mosaic (NYSE:MOS) last announced its quarterly earnings data on Thursday, February 22nd. The basic materials company reported $0.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.11). Mosaic had a net margin of 8.51% and a return on equity of 9.69%. The business had revenue of $3.15 billion during the quarter, compared to analyst estimates of $3.09 billion. During the same quarter in the prior year, the company posted $1.74 EPS. The company’s quarterly revenue was down 29.7% compared to the same quarter last year. On average, equities research analysts forecast that The Mosaic Company will post 2.81 earnings per share for the current fiscal year.

Mosaic Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 20th. Investors of record on Thursday, June 6th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date of this dividend is Thursday, June 6th. Mosaic’s dividend payout ratio (DPR) is currently 24.07%.

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.