State of Tennessee Treasury Department lifted its position in shares of Mosaic Company (The) (NYSE:MOS) by 0.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 96,007 shares of the basic materials company’s stock after purchasing an additional 333 shares during the period. State of Tennessee Treasury Department’s holdings in Mosaic Company (The) were worth $2,192,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in MOS. BlackRock Inc. increased its stake in shares of Mosaic Company (The) by 2,930.1% during the first quarter. BlackRock Inc. now owns 24,977,023 shares of the basic materials company’s stock worth $728,828,000 after purchasing an additional 24,152,726 shares during the period. FMR LLC increased its stake in shares of Mosaic Company (The) by 171.9% during the first quarter. FMR LLC now owns 5,108,486 shares of the basic materials company’s stock worth $149,066,000 after purchasing an additional 3,229,860 shares during the period. NN Investment Partners Holdings N.V. increased its stake in shares of Mosaic Company (The) by 146.0% during the second quarter. NN Investment Partners Holdings N.V. now owns 2,547,323 shares of the basic materials company’s stock worth $58,156,000 after purchasing an additional 1,511,638 shares during the period. MARSHALL WACE ASIA Ltd bought a new position in shares of Mosaic Company (The) during the first quarter worth approximately $36,300,000. Finally, Vanguard Group Inc. increased its stake in shares of Mosaic Company (The) by 3.6% during the first quarter. Vanguard Group Inc. now owns 35,460,881 shares of the basic materials company’s stock worth $1,034,747,000 after purchasing an additional 1,233,929 shares during the period. Institutional investors own 77.00% of the company’s stock.

A number of equities analysts have recently weighed in on the company. BMO Capital Markets reiterated a “hold” rating and set a $25.00 target price on shares of Mosaic Company (The) in a research note on Friday, September 8th. Vertical Research upgraded Mosaic Company (The) from a “sell” rating to a “hold” rating in a research note on Thursday, August 17th. BidaskClub lowered Mosaic Company (The) from a “sell” rating to a “strong sell” rating in a research note on Friday, August 11th. Stifel Nicolaus reiterated a “hold” rating and set a $24.00 target price (down previously from $27.00) on shares of Mosaic Company (The) in a research note on Tuesday, August 8th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a $23.00 target price (down previously from $25.00) on shares of Mosaic Company (The) in a research note on Tuesday, August 8th. Six investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $25.15.

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

Mosaic Company (The) (NYSE:MOS) last announced its earnings results on Tuesday, August 1st. The basic materials company reported $0.29 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analyst estimates of $1.75 billion. During the same period in the previous year, the business earned $0.06 earnings per share. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. On average, equities analysts predict that Mosaic Company will post $0.76 earnings per share for the current fiscal year.

The business 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. The ex-dividend date of this dividend is Wednesday, September 6th. This represents a $0.60 annualized dividend and a yield of 2.90%. Mosaic Company (The)’s dividend payout ratio (DPR) is presently 142.86%.

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In related news, Director Robert L. Lumpkins bought 7,000 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The stock was bought at an average cost of $19.94 per share, for a total transaction of $139,580.00. Following the completion of the transaction, the director now 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 through this link. 0.38% of the stock is currently owned by 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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