BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lowered its position in Mosaic Co (NYSE:MOS) by 19.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 86,273 shares of the basic materials company’s stock after selling 21,129 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in Mosaic were worth $1,863,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. State Street Corp lifted its holdings in Mosaic by 2.0% in the second quarter. State Street Corp now owns 19,950,012 shares of the basic materials company’s stock valued at $455,461,000 after acquiring an additional 397,403 shares during the period. State Board of Administration of Florida Retirement System lifted its holdings in Mosaic by 0.8% in the second quarter. State Board of Administration of Florida Retirement System now owns 517,307 shares of the basic materials company’s stock valued at $11,810,000 after acquiring an additional 4,055 shares during the period. Andra AP fonden lifted its holdings in Mosaic by 240.3% in the second quarter. Andra AP fonden now owns 79,300 shares of the basic materials company’s stock valued at $1,810,000 after acquiring an additional 56,000 shares during the period. River & Mercantile Asset Management LLP lifted its holdings in Mosaic by 11.2% in the second quarter. River & Mercantile Asset Management LLP now owns 227,100 shares of the basic materials company’s stock valued at $5,184,000 after acquiring an additional 22,850 shares during the period. Finally, Commerzbank Aktiengesellschaft FI lifted its holdings in Mosaic by 25.1% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 55,200 shares of the basic materials company’s stock valued at $1,260,000 after acquiring an additional 11,080 shares during the period. Hedge funds and other institutional investors own 76.93% of the company’s stock.

Mosaic Co (NYSE MOS) opened at $24.92 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.78. The firm has a market capitalization of $8,749.90, a P/E ratio of 24.44, a PEG ratio of 2.61 and a beta of 1.31. Mosaic Co has a 52 week low of $19.23 and a 52 week high of $34.36.

Mosaic (NYSE:MOS) last posted its quarterly earnings data on Tuesday, October 31st. The basic materials company reported $0.43 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.18. Mosaic had a return on equity of 3.61% and a net margin of 4.68%. The firm had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same period in the prior year, the company earned $0.41 EPS. The firm’s revenue was up 1.7% compared to the same quarter last year. research analysts anticipate that Mosaic Co will post 1.01 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Thursday, March 1st will be paid a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.40%. The ex-dividend date is Wednesday, February 28th. Mosaic’s dividend payout ratio is currently 10.42%.

A number of research analysts have issued reports on MOS shares. Zacks Investment Research downgraded Mosaic from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. BMO Capital Markets reaffirmed a “hold” rating and set a $25.00 target price on shares of Mosaic in a research note on Friday, September 8th. Stifel Nicolaus reaffirmed a “hold” rating and set a $24.00 target price on shares of Mosaic in a research note on Thursday, October 12th. Citigroup upped their target price on Mosaic from $23.00 to $25.00 and gave the stock a “neutral” rating in a research note on Thursday, November 2nd. Finally, Royal Bank of Canada reaffirmed a “hold” rating on shares of Mosaic in a research note on Wednesday, October 18th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. Mosaic presently has a consensus rating of “Hold” and an average target price of $24.07.

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Mosaic 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 (NYSE:MOS)

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