Terril Brothers Inc. Sells 450 Shares of The Mosaic Company $MOS

Terril Brothers Inc. reduced its holdings in shares of The Mosaic Company (NYSE:MOS) by 0.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 168,095 shares of the basic materials company’s stock after selling 450 shares during the quarter. Mosaic makes up about 2.3% of Terril Brothers Inc.’s holdings, making the stock its 13th largest position. Terril Brothers Inc. owned about 0.05% of Mosaic worth $6,132,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Boston Partners raised its stake in shares of Mosaic by 42.2% during the 1st quarter. Boston Partners now owns 7,979,380 shares of the basic materials company’s stock worth $215,540,000 after purchasing an additional 2,368,094 shares during the period. Fuller & Thaler Asset Management Inc. purchased a new stake in Mosaic during the first quarter worth about $54,953,000. Truist Financial Corp raised its position in Mosaic by 13,275.9% in the second quarter. Truist Financial Corp now owns 2,022,840 shares of the basic materials company’s stock worth $73,793,000 after acquiring an additional 2,007,717 shares during the period. GMT Capital Corp purchased a new position in Mosaic in the first quarter valued at about $47,211,000. Finally, Nuveen LLC bought a new position in shares of Mosaic during the 1st quarter valued at approximately $33,897,000. Institutional investors own 77.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on MOS. Bank of America lowered their price target on shares of Mosaic from $49.00 to $43.00 and set a “buy” rating on the stock in a report on Tuesday, October 14th. Weiss Ratings restated a “hold (c)” rating on shares of Mosaic in a research note on Wednesday, October 8th. Mizuho set a $34.00 price target on Mosaic in a research note on Monday, October 20th. Zacks Research lowered Mosaic from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 9th. Finally, UBS Group lowered their price objective on Mosaic from $44.00 to $40.00 and set a “buy” rating on the stock in a research note on Monday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, Mosaic presently has an average rating of “Moderate Buy” and a consensus target price of $35.23.

Mosaic Price Performance

MOS stock opened at $27.67 on Friday. The firm has a 50 day moving average of $32.55 and a 200-day moving average of $33.48. The firm has a market capitalization of $8.78 billion, a P/E ratio of 9.38, a price-to-earnings-growth ratio of 0.94 and a beta of 1.00. The Mosaic Company has a 12 month low of $22.36 and a 12 month high of $38.23. The company has a current ratio of 1.14, a quick ratio of 0.44 and a debt-to-equity ratio of 0.26.

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 the consensus estimate of $0.71 by ($0.20). The firm had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $3.11 billion. Mosaic had a return on equity of 4.74% and a net margin of 8.35%.The business’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.54 earnings per share. As a group, sell-side analysts predict that The Mosaic Company will post 2.04 earnings per share for the current fiscal year.

Mosaic Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend was Monday, September 8th. This represents a $0.88 annualized dividend and a yield of 3.2%. Mosaic’s dividend payout ratio (DPR) is currently 29.83%.

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.