Vident Investment Advisory LLC Has $292,000 Position in Mosaic Co (MOS)

Vident Investment Advisory LLC lessened its holdings in Mosaic Co (NYSE:MOS) by 80.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,536 shares of the basic materials company’s stock after selling 56,014 shares during the period. Vident Investment Advisory LLC’s holdings in Mosaic were worth $292,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. YorkBridge Wealth Partners LLC increased its stake in Mosaic by 13,636.4% in the 3rd quarter. YorkBridge Wealth Partners LLC now owns 6,044 shares of the basic materials company’s stock valued at $130,000 after buying an additional 6,000 shares during the last quarter. Pacer Advisors Inc. increased its stake in Mosaic by 8.7% in the 2nd quarter. Pacer Advisors Inc. now owns 7,366 shares of the basic materials company’s stock valued at $168,000 after buying an additional 587 shares during the last quarter. Greenwood Capital Associates LLC increased its stake in Mosaic by 30.5% in the 2nd quarter. Greenwood Capital Associates LLC now owns 9,445 shares of the basic materials company’s stock valued at $216,000 after buying an additional 2,210 shares during the last quarter. Westover Capital Advisors LLC purchased a new stake in Mosaic in the 2nd quarter valued at about $218,000. Finally, Beach Investment Management LLC. purchased a new stake in Mosaic in the 2nd quarter valued at about $228,000. Institutional investors own 76.77% of the company’s stock.

Shares of Mosaic Co (NYSE:MOS) opened at $24.49 on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.78. Mosaic Co has a one year low of $19.23 and a one year high of $34.36. The stock has a market cap of $8,607.72, a P/E ratio of 24.04, a PEG ratio of 2.56 and a beta of 1.31.

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

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Thursday, March 1st will be paid a dividend of $0.025 per share. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $0.10 annualized dividend and a dividend yield of 0.41%. Mosaic’s payout ratio is currently 10.42%.

Several research firms have commented on MOS. Cowen increased their price objective on shares of Mosaic from $21.00 to $24.00 and gave the company a “market perform” rating in a research note on Wednesday, November 22nd. Zacks Investment Research upgraded shares of Mosaic from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a research note on Tuesday, November 14th. Citigroup increased their price objective on shares of Mosaic from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, November 2nd. BMO Capital Markets increased their price objective on shares of Mosaic from $23.00 to $24.00 and gave the company a “market perform” rating in a research note on Wednesday, November 1st. Finally, Cleveland Research upgraded shares of Mosaic from a “neutral” rating to a “buy” rating in a research note on Wednesday, November 1st. Three 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 has an average rating of “Hold” and an average price target of $24.07.

COPYRIGHT VIOLATION NOTICE: This article was originally published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this article on another domain, it was stolen and reposted in violation of international copyright and trademark laws. The original version of this article can be accessed at https://sportsperspectives.com/2017/12/20/vident-investment-advisory-llc-has-292000-position-in-mosaic-co-mos.html.

About Mosaic

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.

Want to see what other hedge funds are holding MOS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mosaic Co (NYSE:MOS).

Institutional Ownership by Quarter for Mosaic (NYSE:MOS)

Receive News & Ratings for Mosaic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mosaic and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply