Sei Investments Co. Has $5.13 Million Stock Holdings in The Mosaic Company (NYSE:MOS)

Sei Investments Co. increased its holdings in shares of The Mosaic Company (NYSE:MOS) by 0.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 177,622 shares of the basic materials company’s stock after purchasing an additional 874 shares during the period. Sei Investments Co. owned approximately 0.06% of Mosaic worth $5,133,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Blue Trust Inc. lifted its position in shares of Mosaic by 40.0% during the 2nd quarter. Blue Trust Inc. now owns 1,229 shares of the basic materials company’s stock worth $36,000 after purchasing an additional 351 shares during the last quarter. Moors & Cabot Inc. raised its holdings in Mosaic by 5.0% in the 2nd quarter. Moors & Cabot Inc. now owns 7,958 shares of the basic materials company’s stock valued at $230,000 after acquiring an additional 382 shares in the last quarter. Uncommon Cents Investing LLC raised its holdings in Mosaic by 3.2% in the 1st quarter. Uncommon Cents Investing LLC now owns 13,500 shares of the basic materials company’s stock valued at $438,000 after acquiring an additional 415 shares in the last quarter. CX Institutional raised its holdings in Mosaic by 1.5% in the 2nd quarter. CX Institutional now owns 28,480 shares of the basic materials company’s stock valued at $823,000 after acquiring an additional 418 shares in the last quarter. Finally, Wahed Invest LLC raised its holdings in Mosaic by 8.6% in the 4th quarter. Wahed Invest LLC now owns 5,645 shares of the basic materials company’s stock valued at $202,000 after acquiring an additional 445 shares in the last quarter. Institutional investors and hedge funds own 77.54% of the company’s stock.

Insider Activity

In other news, SVP Walter F. Precourt III sold 39,748 shares of Mosaic stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of $27.96, for a total value of $1,111,354.08. Following the completion of the sale, the senior vice president now directly owns 136,682 shares of the company’s stock, valued at approximately $3,821,628.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, SVP Walter F. Precourt III sold 39,748 shares of the firm’s stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of $27.96, for a total value of $1,111,354.08. Following the transaction, the senior vice president now directly owns 136,682 shares in the company, valued at approximately $3,821,628.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kelvin R. Westbrook sold 12,666 shares of the firm’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $27.32, for a total value of $346,035.12. Following the completion of the transaction, the director now owns 34,359 shares in the company, valued at $938,687.88. The disclosure for this sale can be found here. Insiders own 0.86% of the company’s stock.

Mosaic Trading Up 1.0 %

MOS stock opened at $27.05 on Wednesday. The business has a fifty day moving average price of $27.27 and a 200 day moving average price of $29.04. The Mosaic Company has a fifty-two week low of $24.11 and a fifty-two week high of $38.30. The stock has a market capitalization of $8.70 billion, a price-to-earnings ratio of 11.39, a P/E/G ratio of 1.60 and a beta of 1.36. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.16 and a quick ratio of 0.54.

Mosaic (NYSE:MOS) last released its earnings results on Tuesday, August 6th. The basic materials company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.12). The firm had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.90 billion. Mosaic had a net margin of 2.01% and a return on equity of 6.92%. The firm’s quarterly revenue was down 17.0% on a year-over-year basis. During the same period last year, the business posted $1.04 earnings per share. Analysts expect that The Mosaic Company will post 2.26 EPS for the current fiscal year.

Mosaic Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were paid a $0.21 dividend. The ex-dividend date was Thursday, September 5th. This represents a $0.84 annualized dividend and a dividend yield of 3.11%. Mosaic’s dividend payout ratio (DPR) is currently 35.74%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Wells Fargo & Company lowered their price objective on Mosaic from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Tuesday, September 24th. Barclays lowered their price objective on Mosaic from $39.00 to $32.00 and set an “overweight” rating on the stock in a research note on Friday, August 16th. UBS Group lowered their price objective on Mosaic from $33.00 to $30.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 9th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $30.00 price objective on shares of Mosaic in a research note on Monday, August 12th. Finally, Piper Sandler lowered their price objective on Mosaic from $29.00 to $28.00 and set an “underweight” rating on the stock in a research note on Tuesday, June 11th. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $34.73.

About Mosaic

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.