Vontobel Holding Ltd. Lowers Stock Position in The Mosaic Company $MOS

Vontobel Holding Ltd. lessened its position in shares of The Mosaic Company (NYSE:MOSFree Report) by 5.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,207 shares of the basic materials company’s stock after selling 1,336 shares during the period. Vontobel Holding Ltd.’s holdings in Mosaic were worth $810,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of MOS. Dimensional Fund Advisors LP boosted its position in Mosaic by 4.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 11,497,545 shares of the basic materials company’s stock worth $310,549,000 after purchasing an additional 456,327 shares during the period. Boston Partners lifted its position in shares of Mosaic by 42.2% during the first quarter. Boston Partners now owns 7,979,380 shares of the basic materials company’s stock worth $215,540,000 after purchasing an additional 2,368,094 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Mosaic by 6.7% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,595,452 shares of the basic materials company’s stock worth $97,113,000 after buying an additional 226,856 shares during the last quarter. Fuller & Thaler Asset Management Inc. bought a new position in Mosaic during the first quarter worth $54,953,000. Finally, Truist Financial Corp lifted its position in shares of Mosaic by 13,275.9% in the 2nd quarter. Truist Financial Corp now owns 2,022,840 shares of the basic materials company’s stock worth $73,793,000 after buying an additional 2,007,717 shares during the last quarter. 77.54% of the stock is currently owned by hedge funds and other institutional investors.

Mosaic Stock Up 2.2%

MOS stock opened at $31.00 on Tuesday. The company has a 50-day moving average of $33.33 and a two-hundred day moving average of $33.13. The Mosaic Company has a 52-week low of $22.36 and a 52-week high of $38.23. The stock has a market capitalization of $9.84 billion, a price-to-earnings ratio of 10.51, a price-to-earnings-growth ratio of 1.46 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:MOSGet Free Report) last announced its earnings results on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share 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 business had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3.11 billion. During the same quarter in the previous year, the company earned $0.54 EPS. Mosaic’s revenue for the quarter was up 6.7% compared to the same quarter last year. As a group, equities research analysts anticipate that The Mosaic Company will post 2.04 EPS for the current year.

Mosaic Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Monday, September 8th were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Monday, September 8th. Mosaic’s dividend payout ratio (DPR) is presently 29.83%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on MOS shares. Zacks Research cut Mosaic from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 9th. Royal Bank Of Canada cut Mosaic from an “outperform” rating to a “sector perform” rating and set a $30.00 target price for the company. in a research note on Friday. Oppenheimer restated an “outperform” rating and issued a $43.00 price target (up previously from $39.00) on shares of Mosaic in a research report on Tuesday, July 15th. Scotiabank downgraded Mosaic from a “sector outperform” rating to a “sector perform” rating and cut their price objective for the stock from $39.00 to $34.00 in a report on Friday. Finally, JPMorgan Chase & Co. increased their target price on Mosaic from $35.00 to $37.00 and gave the company an “overweight” rating in a report on Monday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $34.50.

View Our Latest Stock Analysis 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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