John G Ullman & Associates Inc. Buys Shares of 5,750 The Mosaic Company $MOS

John G Ullman & Associates Inc. bought a new stake in shares of The Mosaic Company (NYSE:MOS) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 5,750 shares of the basic materials company’s stock, valued at approximately $210,000.

A number of other large investors also recently added to or reduced their stakes in MOS. GAMMA Investing LLC lifted its position in Mosaic by 45.8% during the 1st quarter. GAMMA Investing LLC now owns 16,685 shares of the basic materials company’s stock valued at $451,000 after purchasing an additional 5,241 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in Mosaic by 19.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 47,186 shares of the basic materials company’s stock valued at $1,275,000 after purchasing an additional 7,828 shares during the period. Exchange Traded Concepts LLC lifted its position in Mosaic by 41.8% during the 1st quarter. Exchange Traded Concepts LLC now owns 5,407 shares of the basic materials company’s stock valued at $146,000 after purchasing an additional 1,595 shares during the period. QRG Capital Management Inc. acquired a new position in Mosaic during the 1st quarter valued at about $202,000. Finally, State of Alaska Department of Revenue lifted its position in Mosaic by 2.7% during the 1st quarter. State of Alaska Department of Revenue now owns 37,209 shares of the basic materials company’s stock valued at $1,005,000 after purchasing an additional 995 shares during the period. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Mosaic Stock Performance

Shares of NYSE:MOS opened at $29.29 on Friday. The firm’s 50 day simple moving average is $33.09 and its 200 day simple moving average is $33.17. The Mosaic Company has a fifty-two week low of $22.36 and a fifty-two week high of $38.23. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.44. The company has a market capitalization of $9.30 billion, a price-to-earnings ratio of 9.93, a P/E/G ratio of 0.93 and a beta of 1.00.

Mosaic (NYSE:MOS) last posted its earnings results on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.20). Mosaic had a return on equity of 4.74% and a net margin of 8.35%.The business had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3.11 billion. During the same period in the previous year, the company posted $0.54 earnings per share. Mosaic’s revenue for the quarter was up 6.7% compared to the same quarter last year. As a group, sell-side analysts forecast that The Mosaic Company will post 2.04 earnings per share for the current year.

Mosaic Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Monday, September 8th were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Monday, September 8th. Mosaic’s dividend payout ratio is presently 29.83%.

Analyst Ratings Changes

MOS has been the topic of a number of research reports. Scotiabank downgraded shares of Mosaic from a “sector outperform” rating to a “sector perform” rating and cut their target price for the company from $39.00 to $34.00 in a research report on Friday, October 10th. Barclays cut their price target on shares of Mosaic from $46.00 to $44.00 and set an “overweight” rating on the stock in a research report on Thursday, October 9th. Wells Fargo & Company cut their price target on shares of Mosaic from $34.00 to $32.00 and set an “equal weight” rating on the stock in a research report on Thursday. Bank of America cut their price target on shares of Mosaic from $49.00 to $43.00 and set a “buy” rating on the stock in a research report on Tuesday, October 14th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Mosaic in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, Mosaic has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.

About Mosaic

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and Mosaic Fertilizantes. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names, as well as produces a double sulfate of potash magnesia product under K-Mag brand name.