Aberdeen Asset Management PLC UK raised its position in shares of Mosaic Company (The) (NYSE:MOS) by 25.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 122,582 shares of the basic materials company’s stock after acquiring an additional 25,076 shares during the quarter. Aberdeen Asset Management PLC UK’s holdings in Mosaic Company (The) were worth $2,798,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Global X Management Co. LLC boosted its position in Mosaic Company (The) by 16.4% during the first quarter. Global X Management Co. LLC now owns 32,585 shares of the basic materials company’s stock valued at $951,000 after acquiring an additional 4,580 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its position in Mosaic Company (The) by 0.8% during the second quarter. State Board of Administration of Florida Retirement System now owns 517,307 shares of the basic materials company’s stock valued at $11,810,000 after acquiring an additional 4,055 shares during the last quarter. River & Mercantile Asset Management LLP boosted its position in Mosaic Company (The) by 11.2% during the second quarter. River & Mercantile Asset Management LLP now owns 227,100 shares of the basic materials company’s stock valued at $5,184,000 after acquiring an additional 22,850 shares during the last quarter. Commerzbank Aktiengesellschaft FI boosted its position in Mosaic Company (The) by 25.1% during the second quarter. Commerzbank Aktiengesellschaft FI now owns 55,200 shares of the basic materials company’s stock valued at $1,260,000 after acquiring an additional 11,080 shares during the last quarter. Finally, Andra AP fonden boosted its position in Mosaic Company (The) by 240.3% during the second quarter. Andra AP fonden now owns 79,300 shares of the basic materials company’s stock valued at $1,810,000 after acquiring an additional 56,000 shares during the last quarter. 77.00% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages have commented on MOS. Stifel Nicolaus set a $24.00 price target on shares of Mosaic Company (The) and gave the company a “hold” rating in a research report on Wednesday, August 2nd. Royal Bank Of Canada cut their price target on shares of Mosaic Company (The) from $25.00 to $23.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 2nd. Morgan Stanley cut their price target on shares of Mosaic Company (The) from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Monday, August 7th. Zacks Investment Research cut shares of Mosaic Company (The) from a “hold” rating to a “sell” rating in a research report on Monday, August 7th. Finally, Vertical Research raised shares of Mosaic Company (The) from a “sell” rating to a “hold” rating in a research report on Thursday, August 17th. 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 stock. The stock has an average rating of “Hold” and a consensus target price of $25.15.

In related news, Director Robert L. Lumpkins purchased 7,000 shares of Mosaic Company (The) stock in a transaction that occurred on Monday, August 21st. The shares were bought at an average price of $19.94 per share, for a total transaction of $139,580.00. Following the completion of the transaction, the director now directly owns 9,339 shares of the company’s stock, valued at $186,219.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.38% of the stock is owned by insiders.

Mosaic Company (MOS) opened at 20.66 on Monday. The company has a market cap of $7.25 billion, a PE ratio of 49.19 and a beta of 1.27. The stock’s 50 day moving average is $20.72 and its 200-day moving average is $24.31. Mosaic Company has a 52-week low of $19.23 and a 52-week high of $34.36.

Mosaic Company (The) (NYSE:MOS) last announced its quarterly earnings results on Tuesday, August 1st. The basic materials company reported $0.29 earnings per share (EPS) for the quarter, beating the 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 company had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.75 billion. During the same quarter in the previous year, the company earned $0.06 earnings per share. Mosaic Company (The)’s quarterly revenue was up 4.7% on a year-over-year basis. Equities research analysts predict that Mosaic Company will post $0.76 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 21st. Investors of record on Thursday, September 7th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.90%. The ex-dividend date of this dividend is Wednesday, September 6th. Mosaic Company (The)’s dividend payout ratio is currently 142.86%.

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About Mosaic Company (The)

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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