Flippin Bruce & Porter Inc. lowered its position in shares of Mosaic Company (The) (NYSE:MOS) by 1.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 150,585 shares of the basic materials company’s stock after selling 2,470 shares during the quarter. Flippin Bruce & Porter Inc.’s holdings in Mosaic Company (The) were worth $3,251,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. CIBC Asset Management Inc lifted its position in Mosaic Company (The) by 0.4% during the second quarter. CIBC Asset Management Inc now owns 37,157 shares of the basic materials company’s stock valued at $848,000 after buying an additional 149 shares during the period. Sentry Investment Management LLC lifted its position in Mosaic Company (The) by 1.0% during the second quarter. Sentry Investment Management LLC now owns 23,662 shares of the basic materials company’s stock valued at $540,000 after buying an additional 223 shares during the period. Bank of Hawaii lifted its position in Mosaic Company (The) by 0.8% during the second quarter. Bank of Hawaii now owns 36,496 shares of the basic materials company’s stock valued at $833,000 after buying an additional 287 shares during the period. Xact Kapitalforvaltning AB lifted its position in Mosaic Company (The) by 0.6% during the second quarter. Xact Kapitalforvaltning AB now owns 53,096 shares of the basic materials company’s stock valued at $1,212,000 after buying an additional 297 shares during the period. Finally, Louisiana State Employees Retirement System lifted its position in Mosaic Company (The) by 1.4% during the second quarter. Louisiana State Employees Retirement System now owns 21,800 shares of the basic materials company’s stock valued at $498,000 after buying an additional 300 shares during the period. 77.68% of the stock is owned by institutional investors and hedge funds.

Several brokerages have commented on MOS. Zacks Investment Research raised Mosaic Company (The) from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a research report on Tuesday. Stifel Nicolaus set a $24.00 price objective on Mosaic Company (The) and gave the company a “hold” rating in a research report on Wednesday, August 2nd. Royal Bank Of Canada lowered their price objective on Mosaic Company (The) from $25.00 to $23.00 and set a “sector perform” rating for the company in a research report on Wednesday, August 2nd. Citigroup Inc. raised their price objective on Mosaic Company (The) from $23.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, November 2nd. Finally, Morgan Stanley lowered their price objective on Mosaic Company (The) from $27.00 to $25.00 and set an “equal weight” rating for the company in a research report on Monday, August 7th. Four equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company’s stock. Mosaic Company (The) currently has an average rating of “Hold” and an average target price of $23.99.

Mosaic Company (NYSE:MOS) traded down $0.42 during midday trading on Tuesday, reaching $22.86. The company had a trading volume of 1,745,471 shares, compared to its average volume of 4,476,515. Mosaic Company has a 52 week low of $19.23 and a 52 week high of $34.36. The company has a market cap of $8,080.00, a P/E ratio of 22.39, a price-to-earnings-growth ratio of 2.72 and a beta of 1.27. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.78 and a quick ratio of 0.90.

Mosaic Company (The) (NYSE:MOS) last released its quarterly earnings data on Tuesday, October 31st. The basic materials company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.25 by $0.18. Mosaic Company (The) had a return on equity of 3.61% and a net margin of 4.68%. The company had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same period last year, the company earned $0.41 EPS. Mosaic Company (The)’s revenue for the quarter was up 1.7% on a year-over-year basis. equities research analysts anticipate that Mosaic Company will post 0.88 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 21st. Investors of record on Thursday, December 7th will be issued a $0.025 dividend. The ex-dividend date is Wednesday, December 6th. This represents a $0.10 annualized dividend and a yield of 0.44%. Mosaic Company (The)’s payout ratio is 63.16%.

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In other Mosaic Company (The) news, Director Robert L. Lumpkins acquired 7,000 shares of Mosaic Company (The) 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 acquisition, the director now owns 9,339 shares of the company’s stock, valued at $186,219.66. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.38% of the stock is currently owned by company insiders.

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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