BMO Capital Markets reaffirmed their hold rating on shares of Mosaic Company (The) (NYSE:MOS) in a report released on Friday. BMO Capital Markets currently has a $25.00 target price on the basic materials company’s stock.

Several other research firms have also recently issued reports on MOS. BidaskClub upgraded Mosaic Company (The) from a strong sell rating to a sell rating in a report on Tuesday, June 13th. Credit Suisse Group restated a sell rating and set a $19.00 price objective on shares of Mosaic Company (The) in a report on Monday, May 15th. Royal Bank Of Canada decreased their price objective on Mosaic Company (The) from $26.00 to $25.00 and set a sector perform rating on the stock in a report on Friday, July 14th. Stifel Nicolaus set a $24.00 price objective on Mosaic Company (The) and gave the stock a hold rating in a report on Wednesday, August 2nd. Finally, Zacks Investment Research cut Mosaic Company (The) from a hold rating to a strong sell rating in a report on Tuesday, July 4th. 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 stock currently has a consensus rating of Hold and a consensus price target of $25.15.

Shares of Mosaic Company (NYSE MOS) traded down 0.72% during trading on Friday, reaching $19.39. The company had a trading volume of 3,871,266 shares. The firm has a market capitalization of $6.81 billion, a P/E ratio of 46.17 and a beta of 1.27. Mosaic Company has a 12 month low of $19.23 and a 12 month high of $34.36. The firm’s 50 day moving average price is $21.25 and its 200 day moving average price is $24.73.

Mosaic Company (The) (NYSE:MOS) last announced its earnings results on Tuesday, August 1st. The basic materials company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.04. The firm had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.75 billion. Mosaic Company (The) had a return on equity of 3.31% and a net margin of 2.07%. Mosaic Company (The)’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.06 EPS. Equities analysts predict that Mosaic Company will post $1.07 EPS for the current year.

TRADEMARK VIOLATION NOTICE: This report was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this report on another publication, it was stolen and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this report can be read at https://www.thecerbatgem.com/2017/09/09/mosaic-company-the-mos-receives-hold-rating-from-bmo-capital-markets.html.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 21st. Investors of record on Thursday, September 7th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 3.09%. The ex-dividend date of this dividend is Wednesday, September 6th. Mosaic Company (The)’s dividend payout ratio (DPR) is currently 142.86%.

In other news, Director Robert L. Lumpkins bought 7,000 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The shares were acquired at an average cost of $19.94 per share, with a total value of $139,580.00. Following the transaction, the director now owns 9,339 shares of the company’s stock, valued at approximately $186,219.66. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.38% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Mosaic Company (The) by 2.2% in the 2nd quarter. Vanguard Group Inc. now owns 36,254,086 shares of the basic materials company’s stock worth $827,681,000 after buying an additional 793,205 shares during the period. BlackRock Inc. raised its position in Mosaic Company (The) by 2,930.1% in the first quarter. BlackRock Inc. now owns 24,977,023 shares of the basic materials company’s stock valued at $728,828,000 after purchasing an additional 24,152,726 shares during the period. State Street Corp raised its position in Mosaic Company (The) by 2.0% in the second quarter. State Street Corp now owns 19,950,012 shares of the basic materials company’s stock valued at $455,461,000 after purchasing an additional 397,403 shares during the period. Shapiro Capital Management LLC raised its position in Mosaic Company (The) by 13.0% in the second quarter. Shapiro Capital Management LLC now owns 6,251,974 shares of the basic materials company’s stock valued at $142,733,000 after purchasing an additional 718,812 shares during the period. Finally, FMR LLC raised its position in Mosaic Company (The) by 6.3% in the second quarter. FMR LLC now owns 5,428,123 shares of the basic materials company’s stock valued at $123,923,000 after purchasing an additional 319,637 shares during the period. 76.81% of the stock is currently owned by institutional investors and hedge funds.

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.

Analyst Recommendations for Mosaic Company (The) (NYSE:MOS)

Receive News & Stock Ratings for Mosaic Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mosaic Company (The) and related stocks with our FREE daily email newsletter.