Diversified Trust Co Invests $491,000 in The Mosaic Company $MOS

Diversified Trust Co purchased a new position in shares of The Mosaic Company (NYSE:MOS) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 13,454 shares of the basic materials company’s stock, valued at approximately $491,000.

Several other large investors also recently modified their holdings of MOS. Woodline Partners LP purchased a new stake in shares of Mosaic during the 4th quarter worth approximately $469,000. Public Employees Retirement System of Ohio increased its stake in shares of Mosaic by 0.9% during the 4th quarter. Public Employees Retirement System of Ohio now owns 117,252 shares of the basic materials company’s stock worth $2,882,000 after purchasing an additional 1,061 shares during the last quarter. Heck Capital Advisors LLC purchased a new stake in shares of Mosaic during the 4th quarter worth approximately $41,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Mosaic during the 4th quarter worth approximately $5,214,000. Finally, Siemens Fonds Invest GmbH purchased a new stake in shares of Mosaic during the 4th quarter worth approximately $224,000. Hedge funds and other institutional investors own 77.54% of the company’s stock.

Mosaic Stock Up 1.4%

Shares of NYSE:MOS opened at $33.91 on Wednesday. The firm has a fifty day moving average price of $33.88 and a two-hundred day moving average price of $32.35. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.44. The Mosaic Company has a one year low of $22.36 and a one year high of $38.23. The company has a market cap of $10.76 billion, a price-to-earnings ratio of 11.49, a PEG ratio of 1.55 and a beta of 0.99.

Mosaic (NYSE:MOS) last announced its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.20). Mosaic had a net margin of 8.35% and a return on equity of 4.74%. The firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3.11 billion. During the same period in the previous year, the business earned $0.54 earnings per share. The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. Analysts anticipate that The Mosaic Company will post 2.04 EPS for the current fiscal year.

Mosaic Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Monday, September 8th were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Monday, September 8th. Mosaic’s dividend payout ratio (DPR) is presently 29.83%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on MOS shares. Barclays raised their price target on shares of Mosaic from $40.00 to $46.00 and gave the stock an “overweight” rating in a research note on Monday, July 7th. Wells Fargo & Company decreased their price target on shares of Mosaic from $38.00 to $34.00 and set an “equal weight” rating for the company in a research note on Thursday, August 7th. Wall Street Zen downgraded shares of Mosaic from a “buy” rating to a “hold” rating in a report on Saturday, September 13th. UBS Group raised their price objective on shares of Mosaic from $45.00 to $46.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $43.00 price objective (up from $39.00) on shares of Mosaic in a report on Tuesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $36.42.

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.