PGGM Investments Sells 5,196 Shares of Mosaic Company (The) (NYSE:MOS)

PGGM Investments reduced its position in Mosaic Company (The) (NYSE:MOS) by 2.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 217,604 shares of the basic materials company’s stock after selling 5,196 shares during the period. PGGM Investments owned 0.06% of Mosaic Company (The) worth $4,968,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of MOS. Vanguard Group Inc. raised its position in Mosaic Company (The) by 3.6% in the first quarter. Vanguard Group Inc. now owns 35,460,881 shares of the basic materials company’s stock worth $1,034,747,000 after buying an additional 1,233,929 shares in the last quarter. BlackRock Inc. raised its position in Mosaic Company (The) by 2,930.1% in the first quarter. BlackRock Inc. now owns 24,977,023 shares of the basic materials company’s stock worth $728,828,000 after buying an additional 24,152,726 shares in the last quarter. Shapiro Capital Management LLC raised its position in Mosaic Company (The) by 11.4% in the first quarter. Shapiro Capital Management LLC now owns 5,533,162 shares of the basic materials company’s stock worth $161,458,000 after buying an additional 565,032 shares in the last quarter. Morgan Stanley raised its position in Mosaic Company (The) by 5.4% in the first quarter. Morgan Stanley now owns 5,125,609 shares of the basic materials company’s stock worth $149,565,000 after buying an additional 262,749 shares in the last quarter. Finally, FMR LLC raised its position in Mosaic Company (The) by 171.9% in the first quarter. FMR LLC now owns 5,108,486 shares of the basic materials company’s stock worth $149,066,000 after buying an additional 3,229,860 shares in the last quarter. 80.64% of the stock is owned by hedge funds and other institutional investors.

Mosaic Company (NYSE:MOS) opened at 19.86 on Friday. Mosaic Company has a 12-month low of $19.59 and a 12-month high of $34.36. The stock’s 50 day moving average is $22.72 and its 200-day moving average is $26.00. The company has a market cap of $6.97 billion, a P/E ratio of 47.29 and a beta of 1.24.

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

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 21st. Shareholders of record on Thursday, September 7th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 3.02%. The ex-dividend date is Wednesday, September 6th. Mosaic Company (The)’s dividend payout ratio is currently 142.86%.

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MOS has been the subject of a number of recent analyst reports. Morgan Stanley decreased their price objective on shares of Mosaic Company (The) from $27.00 to $25.00 and set an “equal weight” rating for the company in a research note on Monday, August 7th. Royal Bank Of Canada decreased their target price on shares of Mosaic Company (The) from $26.00 to $25.00 and set a “sector perform” rating for the company in a research note on Friday, July 14th. Zacks Investment Research raised shares of Mosaic Company (The) from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Stifel Nicolaus reissued a “hold” rating and set a $27.00 target price on shares of Mosaic Company (The) in a research note on Friday, July 14th. Finally, BidaskClub lowered shares of Mosaic Company (The) from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Six analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $25.15.

About Mosaic Company (The)

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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