State of Wisconsin Investment Board raised its position in shares of Mosaic Company (The) (NYSE:MOS) by 30.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 294,127 shares of the basic materials company’s stock after buying an additional 68,450 shares during the period. State of Wisconsin Investment Board owned approximately 0.08% of Mosaic Company (The) worth $6,715,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Turner Investments LLC acquired a new position in Mosaic Company (The) during the first quarter worth approximately $158,000. Bronfman E.L. Rothschild L.P. boosted its position in Mosaic Company (The) by 878.3% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 6,007 shares of the basic materials company’s stock worth $175,000 after buying an additional 5,393 shares in the last quarter. Pacer Advisors Inc. boosted its position in Mosaic Company (The) by 3.6% in the first quarter. Pacer Advisors Inc. now owns 6,779 shares of the basic materials company’s stock worth $198,000 after buying an additional 234 shares in the last quarter. CrestPoint Capital Management LLC acquired a new position in Mosaic Company (The) during the second quarter worth approximately $208,000. Finally, Greenwood Capital Associates LLC acquired a new position in Mosaic Company (The) during the first quarter worth approximately $211,000. 76.80% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Mosaic Company (MOS) opened at 20.07 on Tuesday. Mosaic Company has a 12-month low of $19.59 and a 12-month high of $34.36. The stock has a market cap of $7.05 billion, a price-to-earnings ratio of 47.79 and a beta of 1.24. The firm’s 50-day moving average price is $22.33 and its 200-day moving average price is $25.59.

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

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 21st. Investors of record on Thursday, September 7th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date of this dividend is Wednesday, September 6th. Mosaic Company (The)’s payout ratio is 142.86%.

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MOS has been the topic of a number of analyst reports. Morgan Stanley cut their target price on Mosaic Company (The) from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Monday, August 7th. Zacks Investment Research raised Mosaic Company (The) from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 12th. BidaskClub raised Mosaic Company (The) from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. BMO Capital Markets set a $26.00 target price on Mosaic Company (The) and gave the company a “hold” rating in a research note on Saturday, May 6th. Finally, Royal Bank Of Canada set a $26.00 target price on Mosaic Company (The) and gave the company a “hold” rating in a research note on Saturday, June 10th. Six investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $25.15.

In other news, Director Robert L. Lumpkins purchased 7,000 shares of the stock in a transaction that occurred on Monday, August 21st. The stock was acquired at an average cost of $19.94 per share, with a total value of $139,580.00. Following the acquisition, the director now owns 9,339 shares in the company, valued at $186,219.66. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.38% of the stock is currently owned by company insiders.

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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