Teachers Retirement System of The State of Kentucky Has $911,000 Stake in Mosaic Company (The) (MOS)

Teachers Retirement System of The State of Kentucky held its stake in shares of Mosaic Company (The) (NYSE:MOS) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,900 shares of the basic materials company’s stock at the end of the second quarter. Teachers Retirement System of The State of Kentucky’s holdings in Mosaic Company (The) were worth $911,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Renaissance Technologies LLC purchased a new position in shares of Mosaic Company (The) during the 2nd quarter worth $27,850,000. TLP Group LLC purchased a new position in shares of Mosaic Company (The) during the 2nd quarter worth $257,000. Parametric Portfolio Associates LLC boosted its stake in shares of Mosaic Company (The) by 39.0% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 1,270,640 shares of the basic materials company’s stock worth $29,009,000 after acquiring an additional 356,528 shares during the last quarter. Marco Investment Management LLC boosted its stake in shares of Mosaic Company (The) by 5.7% during the 2nd quarter. Marco Investment Management LLC now owns 231,902 shares of the basic materials company’s stock worth $5,294,000 after acquiring an additional 12,603 shares during the last quarter. Finally, Cibc World Markets Corp boosted its stake in shares of Mosaic Company (The) by 35.5% during the 2nd quarter. Cibc World Markets Corp now owns 49,597 shares of the basic materials company’s stock worth $1,132,000 after acquiring an additional 13,004 shares during the last quarter. Institutional investors and hedge funds own 77.00% of the company’s stock.

A number of research analysts recently weighed in on the stock. Stifel Nicolaus restated a “hold” rating and set a $24.00 target price on shares of Mosaic Company (The) in a research note on Thursday. HSBC Holdings plc assumed coverage on shares of Mosaic Company (The) in a research note on Wednesday. They set a “buy” rating and a $24.80 target price on the stock. Piper Jaffray Companies set a $23.00 target price on shares of Mosaic Company (The) and gave the company a “hold” rating in a research note on Friday, October 6th. BMO Capital Markets reiterated a “market perform” rating and issued a $25.00 price target (up previously from $23.00) on shares of Mosaic Company (The) in a research note on Friday, October 6th. Finally, Vertical Research upgraded shares of Mosaic Company (The) from a “sell” rating to a “hold” rating in a report on Thursday, August 17th. Six investment analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $24.41.

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Shares of Mosaic Company (MOS) opened at 21.10 on Thursday. Mosaic Company has a one year low of $19.23 and a one year high of $34.36. The firm has a market capitalization of $7.41 billion, a price-to-earnings ratio of 50.24 and a beta of 1.29. The stock’s 50 day moving average price is $20.66 and its 200 day moving average price is $23.22.

Mosaic Company (The) (NYSE:MOS) last posted its quarterly earnings data on Tuesday, August 1st. The basic materials company reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.04. The business had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.75 billion. Mosaic Company (The) had a return on equity of 3.31% and a net margin of 2.07%. Mosaic Company (The)’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period last year, the company earned $0.06 earnings per share. Analysts expect that Mosaic Company will post $0.74 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, September 21st. Investors of record on Thursday, September 7th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, September 6th. This represents a $0.60 annualized dividend and a yield of 2.84%. Mosaic Company (The)’s dividend payout ratio (DPR) is presently 142.86%.

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

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.

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

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