Public Sector Pension investment Board cut its position in shares of Mosaic Company (The) (NYSE:MOS) by 51.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 38,372 shares of the basic materials company’s stock after selling 40,000 shares during the period. Public Sector Pension investment Board’s holdings in Mosaic Company (The) were worth $876,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MOS. Turner Investments LLC purchased a new stake in shares of Mosaic Company (The) during the 1st quarter worth approximately $158,000. Pacer Advisors Inc. grew its holdings in shares of 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 valued at $198,000 after purchasing an additional 234 shares in the last quarter. Investment Centers of America Inc. grew its holdings in shares of Mosaic Company (The) by 1.7% in the first quarter. Investment Centers of America Inc. now owns 8,121 shares of the basic materials company’s stock valued at $238,000 after purchasing an additional 132 shares in the last quarter. LMR Partners LLP purchased a new position in shares of Mosaic Company (The) in the first quarter valued at $247,000. Finally, Cleararc Capital Inc. grew its holdings in shares of Mosaic Company (The) by 0.3% in the first quarter. Cleararc Capital Inc. now owns 8,543 shares of the basic materials company’s stock valued at $249,000 after purchasing an additional 29 shares in the last quarter. Institutional investors and hedge funds own 77.00% of the company’s stock.

Mosaic Company (NYSE MOS) opened at 21.76 on Wednesday. The stock’s 50 day moving average price is $20.46 and its 200-day moving average price is $23.51. Mosaic Company has a 1-year low of $19.23 and a 1-year high of $34.36. The company has a market cap of $7.64 billion, a PE ratio of 51.81 and a beta of 1.29.

Mosaic Company (The) (NYSE:MOS) last issued its quarterly earnings data 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 firm had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.75 billion. During the same period in the previous year, the firm earned $0.06 EPS. Mosaic Company (The)’s revenue was up 4.7% on a year-over-year basis. On average, analysts forecast that Mosaic Company will post $0.76 earnings per share for the current year.

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

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

In related news, Director Robert L. Lumpkins purchased 7,000 shares of the company’s stock in a transaction on Monday, August 21st. The stock was acquired 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 directly owns 9,339 shares in the company, valued at $186,219.66. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.38% of the stock is owned by company insiders.

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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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