Nationwide Fund Advisors lifted its position in shares of Mosaic Company (The) (NYSE:MOS) by 34.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 214,465 shares of the basic materials company’s stock after purchasing an additional 54,800 shares during the quarter. Nationwide Fund Advisors owned 0.06% of Mosaic Company (The) worth $4,896,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Turner Investments LLC acquired a new stake in shares of Mosaic Company (The) during the 1st quarter worth approximately $158,000. Pacer Advisors Inc. grew its stake in shares of Mosaic Company (The) by 3.6% during the 1st quarter. Pacer Advisors Inc. now owns 6,779 shares of the basic materials company’s stock worth $198,000 after purchasing an additional 234 shares during the period. Investment Centers of America Inc. grew its stake in shares of Mosaic Company (The) by 1.7% during the 1st quarter. Investment Centers of America Inc. now owns 8,121 shares of the basic materials company’s stock worth $238,000 after purchasing an additional 132 shares during the period. LMR Partners LLP acquired a new stake in shares of Mosaic Company (The) during the 1st quarter worth approximately $247,000. Finally, Cleararc Capital Inc. grew its stake in shares of Mosaic Company (The) by 0.3% during the 1st quarter. Cleararc Capital Inc. now owns 8,543 shares of the basic materials company’s stock worth $249,000 after purchasing an additional 29 shares during the period. 77.00% of the stock is currently owned by institutional investors and hedge funds.

Shares of Mosaic Company (NYSE MOS) opened at 21.64 on Friday. The firm has a market cap of $7.60 billion, a PE ratio of 51.52 and a beta of 1.29. Mosaic Company has a 1-year low of $19.23 and a 1-year high of $34.36. The company has a 50-day moving average of $20.53 and a 200-day moving average of $23.48.

Mosaic Company (The) (NYSE:MOS) last released its quarterly earnings data on Tuesday, August 1st. The basic materials company reported $0.29 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.04. The firm had revenue of $1.75 billion during 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 revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.06 earnings per share. Analysts predict that Mosaic Company will post $0.76 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 21st. Shareholders of record on Thursday, September 7th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.77%. The ex-dividend date was Wednesday, September 6th. Mosaic Company (The)’s payout ratio is 142.86%.

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In other Mosaic Company (The) news, Director Robert L. Lumpkins acquired 7,000 shares of the business’s stock in a transaction on Monday, August 21st. The stock was purchased 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 owns 9,339 shares of the company’s stock, valued at approximately $186,219.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.38% of the company’s stock.

A number of equities research analysts have recently commented on the stock. BidaskClub cut shares of 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 price objective on shares of Mosaic Company (The) from $26.00 to $25.00 and set a “sector perform” rating on the stock in a research note on Friday, July 14th. Zacks Investment Research cut shares of 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 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 on the stock in a research note on Wednesday, July 12th. Six research 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 stock currently has a consensus rating of “Hold” and an average price target of $24.50.

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.

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

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