Janus Henderson Group PLC lifted its position in shares of Mosaic Co (NYSE:MOS) by 16.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 362,064 shares of the basic materials company’s stock after purchasing an additional 50,776 shares during the quarter. Janus Henderson Group PLC owned about 0.10% of Mosaic worth $7,817,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. YorkBridge Wealth Partners LLC increased its position in Mosaic by 13,636.4% during the third quarter. YorkBridge Wealth Partners LLC now owns 6,044 shares of the basic materials company’s stock valued at $130,000 after acquiring an additional 6,000 shares during the last quarter. Pacer Advisors Inc. increased its position in Mosaic by 8.7% during the second quarter. Pacer Advisors Inc. now owns 7,366 shares of the basic materials company’s stock valued at $168,000 after acquiring an additional 587 shares during the last quarter. Greenwood Capital Associates LLC increased its position in Mosaic by 30.5% during the second quarter. Greenwood Capital Associates LLC now owns 9,445 shares of the basic materials company’s stock valued at $216,000 after acquiring an additional 2,210 shares during the last quarter. Westover Capital Advisors LLC bought a new stake in Mosaic during the second quarter valued at about $218,000. Finally, Beach Investment Management LLC. bought a new stake in Mosaic during the second quarter valued at about $228,000. Institutional investors own 76.94% of the company’s stock.
Several analysts have issued reports on MOS shares. started coverage on Mosaic in a report on Wednesday, October 11th. They set a “buy” rating and a $24.80 price target for the company. Cleveland Research raised Mosaic from a “neutral” rating to a “buy” rating in a research note on Wednesday, November 1st. Zacks Investment Research raised Mosaic from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a research note on Friday, November 3rd. Stifel Nicolaus restated a “hold” rating and set a $24.00 price objective on shares of Mosaic in a research report on Thursday, October 12th. Finally, Royal Bank of Canada restated a “hold” rating on shares of Mosaic in a research report on Wednesday, October 18th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $24.68.
Shares of Mosaic Co (MOS) traded up $0.68 during midday trading on Thursday, reaching $26.22. The company’s stock had a trading volume of 6,418,898 shares, compared to its average volume of 4,786,242. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.78 and a quick ratio of 0.90. The company has a market cap of $9,200.00, a PE ratio of 27.60, a PEG ratio of 2.61 and a beta of 1.31. Mosaic Co has a 1-year low of $19.23 and a 1-year high of $34.36.
Mosaic (NYSE:MOS) last posted its quarterly earnings data on Tuesday, October 31st. The basic materials company reported $0.43 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.18. The firm had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.93 billion. Mosaic had a return on equity of 3.61% and a net margin of 4.68%. The business’s quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.41 EPS. analysts forecast that Mosaic Co will post 1.01 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Thursday, March 1st will be paid a $0.025 dividend. The ex-dividend date is Wednesday, February 28th. This represents a $0.10 dividend on an annualized basis and a yield of 0.38%. Mosaic’s dividend payout ratio (DPR) is 10.53%.
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The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.
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