BB&T Securities LLC raised its stake in shares of Mosaic Company (The) (NYSE:MOS) by 68.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 68,294 shares of the basic materials company’s stock after buying an additional 27,850 shares during the period. BB&T Securities LLC’s holdings in Mosaic Company (The) were worth $1,559,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Chartwell Investment Partners LLC raised its stake in Mosaic Company (The) by 41.4% in the second quarter. Chartwell Investment Partners LLC now owns 707,350 shares of the basic materials company’s stock valued at $16,149,000 after buying an additional 207,100 shares during the last quarter. Windsor Financial Group LLC raised its stake in Mosaic Company (The) by 6.8% in the second quarter. Windsor Financial Group LLC now owns 75,342 shares of the basic materials company’s stock valued at $1,720,000 after buying an additional 4,815 shares during the last quarter. Cornerstone Capital Inc. raised its stake in Mosaic Company (The) by 0.5% in the second quarter. Cornerstone Capital Inc. now owns 302,424 shares of the basic materials company’s stock valued at $6,904,000 after buying an additional 1,432 shares during the last quarter. Deprince Race & Zollo Inc. raised its stake in Mosaic Company (The) by 0.6% in the second quarter. Deprince Race & Zollo Inc. now owns 778,270 shares of the basic materials company’s stock valued at $17,768,000 after buying an additional 4,636 shares during the last quarter. Finally, Legal & General Group Plc raised its stake in Mosaic Company (The) by 1.4% in the second quarter. Legal & General Group Plc now owns 1,982,760 shares of the basic materials company’s stock valued at $45,264,000 after buying an additional 28,235 shares during the last quarter. Institutional investors and hedge funds own 80.64% of the company’s stock.

Mosaic Company (NYSE MOS) opened at 20.37 on Friday. The company has a market cap of $7.15 billion, a P/E ratio of 48.50 and a beta of 1.24. The firm’s 50 day moving average is $22.33 and its 200-day moving average is $25.59. Mosaic Company has a 52 week low of $19.59 and a 52 week high of $34.36. Mosaic Company (The) also was the target of some unusual options trading activity on Wednesday. Traders bought 20,537 put options on the stock. This is an increase of approximately 840% compared to the average daily volume of 2,185 put options.

Mosaic Company (The) (NYSE:MOS) last posted its quarterly earnings data on Tuesday, August 1st. The basic materials company reported $0.29 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.04. Mosaic Company (The) had a net margin of 2.07% and a return on equity of 3.31%. The business had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.75 billion. During the same quarter last year, the firm posted $0.06 earnings per share. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. On average, analysts predict that Mosaic Company will post $1.07 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 21st. Stockholders of record on Thursday, September 7th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.95%. The ex-dividend date of this dividend is Wednesday, September 6th. Mosaic Company (The)’s payout ratio is 142.86%.

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Several analysts have issued reports on the stock. Vertical Research upgraded shares of Mosaic Company (The) from a “sell” rating to a “hold” rating in a research report on Thursday, August 17th. BidaskClub lowered shares of Mosaic Company (The) from a “sell” rating to a “strong sell” rating in a research report on Friday, August 11th. Stifel Nicolaus restated a “hold” rating and set a $24.00 price target (down from $27.00) on shares of Mosaic Company (The) in a research report on Tuesday, August 8th. Royal Bank Of Canada restated a “sector perform” rating and set a $23.00 price target (down from $25.00) on shares of Mosaic Company (The) in a research report on Tuesday, August 8th. Finally, Morgan Stanley cut their price target on shares of Mosaic Company (The) from $27.00 to $25.00 and set an “equal weight” rating for the company in a research report on Monday, August 7th. Six analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $25.15.

In other Mosaic Company (The) news, Director Robert L. Lumpkins acquired 7,000 shares of the stock in a transaction dated Monday, August 21st. The stock was acquired at an average price of $19.94 per share, with a total value of $139,580.00. Following the completion of the purchase, the director now owns 9,339 shares in the company, valued at approximately $186,219.66. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.38% of the company’s stock.

Mosaic Company (The) Company Profile

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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Institutional Ownership by Quarter for Mosaic Company (The) (NYSE:MOS)

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