13,600 Shares in Mosaic Company (The) (MOS) Purchased by Virginia Retirement Systems ET AL

Virginia Retirement Systems ET AL bought a new stake in Mosaic Company (The) (NYSE:MOS) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 13,600 shares of the basic materials company’s stock, valued at approximately $310,000.

Several other hedge funds also recently bought and sold shares of the company. Cleararc Capital Inc. grew its stake in shares of Mosaic Company (The) by 0.3% in the first quarter. Cleararc Capital Inc. now owns 8,543 shares of the basic materials company’s stock valued at $249,000 after buying an additional 29 shares in the last quarter. Great Lakes Advisors LLC grew its stake in shares of Mosaic Company (The) by 0.7% in the first quarter. Great Lakes Advisors LLC now owns 16,994 shares of the basic materials company’s stock valued at $496,000 after buying an additional 119 shares in the last quarter. Investment Centers of America Inc. grew its stake in shares of Mosaic Company (The) by 1.7% in the first quarter. Investment Centers of America Inc. now owns 8,121 shares of the basic materials company’s stock valued at $238,000 after buying an additional 132 shares in the last quarter. CIBC Asset Management Inc grew its stake in shares of Mosaic Company (The) by 0.4% in 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 in the last quarter. Finally, Bank of Hawaii grew its stake in shares of Mosaic Company (The) by 0.5% in the first quarter. Bank of Hawaii now owns 36,209 shares of the basic materials company’s stock valued at $1,057,000 after buying an additional 180 shares in the last quarter. Institutional investors and hedge funds own 76.81% of the company’s stock.

MOS has been the subject of a number of recent research reports. Zacks Investment Research lowered Mosaic Company (The) from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 4th. BidaskClub upgraded Mosaic Company (The) from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. Credit Suisse Group reiterated a “sell” rating and issued a $19.00 target price on shares of Mosaic Company (The) in a research note on Monday, May 15th. BMO Capital Markets reissued a “market perform” rating and issued a $25.00 price target (down previously from $26.00) on shares of Mosaic Company (The) in a report on Wednesday, August 2nd. Finally, Citigroup Inc. reduced their price target on Mosaic Company (The) from $27.00 to $26.00 and set a “neutral” rating for the company in a report on Wednesday, July 12th. Six 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. The company presently has a consensus rating of “Hold” and an average target price of $25.15.

In other news, Director Robert L. Lumpkins purchased 7,000 shares of the stock in a transaction that occurred on Monday, August 21st. The shares were purchased at an average cost of $19.94 per share, for a total transaction of $139,580.00. Following the completion of the purchase, the director now directly owns 9,339 shares of the company’s stock, valued at approximately $186,219.66. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.38% of the company’s stock.

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Mosaic Company (MOS) opened at 19.39 on Monday. The company has a market cap of $6.81 billion, a P/E ratio of 46.17 and a beta of 1.27. The firm’s 50-day moving average price is $21.25 and its 200-day moving average price is $24.73. Mosaic Company has a 12-month low of $19.23 and a 12-month high of $34.36.

Mosaic Company (The) (NYSE:MOS) last issued its quarterly earnings results on Tuesday, August 1st. The basic materials company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.04. Mosaic Company (The) had a return on equity of 3.31% and a net margin of 2.07%. The firm had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.75 billion. During the same period in the previous year, the company posted $0.06 earnings per share. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. Analysts expect that Mosaic Company will post $1.07 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 21st. Investors of record on Thursday, September 7th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, September 6th. This represents a $0.60 annualized dividend and a yield of 3.09%. Mosaic Company (The)’s dividend payout ratio is 142.86%.

Mosaic Company (The) 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.

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

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