New York State Common Retirement Fund reduced its holdings in Mosaic Company (The) (NYSE:MOS) by 0.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 725,800 shares of the basic materials company’s stock after selling 1 shares during the period. New York State Common Retirement Fund owned about 0.21% of Mosaic Company (The) worth $16,570,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in MOS. Vanguard Group Inc. boosted its stake in shares of Mosaic Company (The) by 3.6% during the 1st quarter. Vanguard Group Inc. now owns 35,460,881 shares of the basic materials company’s stock valued at $1,034,747,000 after buying an additional 1,233,929 shares during the period. BlackRock Inc. increased its stake in shares of 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 worth $728,828,000 after acquiring an additional 24,152,726 shares during the last quarter. Shapiro Capital Management LLC increased its stake in shares of Mosaic Company (The) by 11.4% in the first quarter. Shapiro Capital Management LLC now owns 5,533,162 shares of the basic materials company’s stock worth $161,458,000 after acquiring an additional 565,032 shares during the last quarter. Morgan Stanley increased its stake in shares of Mosaic Company (The) by 5.4% in the first quarter. Morgan Stanley now owns 5,125,609 shares of the basic materials company’s stock worth $149,565,000 after acquiring an additional 262,749 shares during the last quarter. Finally, FMR LLC increased its stake in shares of Mosaic Company (The) by 171.9% in the first quarter. FMR LLC now owns 5,108,486 shares of the basic materials company’s stock worth $149,066,000 after acquiring an additional 3,229,860 shares during the last quarter. 77.00% of the stock is owned by hedge funds and other institutional investors.

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

Mosaic Company (NYSE:MOS) opened at 21.75 on Tuesday. The firm has a market capitalization of $7.64 billion, a price-to-earnings ratio of 51.79 and a beta of 1.29. The company has a 50-day moving average of $20.42 and a 200-day moving average of $23.56. Mosaic Company has a 1-year low of $19.23 and a 1-year high of $34.36.

Mosaic Company (The) (NYSE:MOS) last released its quarterly earnings data on Tuesday, August 1st. The basic materials company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.25 by $0.04. Mosaic Company (The) had a return on equity of 3.31% and a net margin of 2.07%. The company had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter in the prior year, the firm posted $0.06 EPS. The firm’s revenue for the quarter 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 year.

The company also recently announced a quarterly dividend, which was paid on Thursday, September 21st. Investors of record on Thursday, September 7th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, September 6th. This represents a $0.60 dividend on an annualized basis and a yield of 2.76%. Mosaic Company (The)’s payout ratio is 142.86%.

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A number of research analysts have commented on MOS shares. BidaskClub downgraded Mosaic Company (The) from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Royal Bank Of Canada dropped their target price on Mosaic Company (The) from $26.00 to $25.00 and set a “sector perform” rating on the stock in a research report on Friday, July 14th. Zacks Investment Research downgraded Mosaic Company (The) from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 4th. Stifel Nicolaus reaffirmed a “hold” rating and set a $27.00 price target on shares of Mosaic Company (The) in a research note on Friday, July 14th. Finally, Citigroup Inc. reduced their price target on Mosaic Company (The) from $27.00 to $26.00 and set a “neutral” rating for the company in a report on Wednesday, July 12th. Six research analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $25.15.

Mosaic Company (The) 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.

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

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