Mosaic Company (The) (MOS) Shares Sold by State Treasurer State of Michigan

State Treasurer State of Michigan trimmed its holdings in Mosaic Company (The) (NYSE:MOS) by 7.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 106,482 shares of the basic materials company’s stock after selling 8,900 shares during the quarter. State Treasurer State of Michigan’s holdings in Mosaic Company (The) were worth $2,299,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in MOS. Pacer Advisors Inc. boosted its holdings in Mosaic Company (The) by 8.7% in the second quarter. Pacer Advisors Inc. now owns 7,366 shares of the basic materials company’s stock valued at $168,000 after purchasing an additional 587 shares in the last quarter. CrestPoint Capital Management LLC acquired a new position in Mosaic Company (The) in the second quarter valued at approximately $208,000. Greenwood Capital Associates LLC boosted its holdings in Mosaic Company (The) by 30.5% in the second quarter. Greenwood Capital Associates LLC now owns 9,445 shares of the basic materials company’s stock valued at $216,000 after purchasing an additional 2,210 shares in the last quarter. Westover Capital Advisors LLC acquired a new position in Mosaic Company (The) in the second quarter valued at approximately $218,000. Finally, Koch Industries Inc. acquired a new position in Mosaic Company (The) in the second quarter valued at approximately $225,000. 77.23% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts recently issued reports on the company. Citigroup Inc. upped their price target on Mosaic Company (The) from $23.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday. Royal Bank Of Canada upped their price target on Mosaic Company (The) from $22.00 to $24.00 and gave the company a “sector perform” rating in a report on Wednesday. BMO Capital Markets upped their price target on Mosaic Company (The) from $23.00 to $24.00 and gave the company a “market perform” rating in a report on Wednesday. Cleveland Research raised Mosaic Company (The) from a “neutral” rating to a “buy” rating in a report on Wednesday. Finally, Scotiabank raised Mosaic Company (The) from an “underperform” rating to a “sector perform” rating in a report on Wednesday. Five investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $23.91.

ILLEGAL ACTIVITY NOTICE: “Mosaic Company (The) (MOS) Shares Sold by State Treasurer State of Michigan” was first published by Community Financial News and is owned by of Community Financial News. If you are accessing this piece of content on another domain, it was stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this piece of content can be viewed at https://www.com-unik.info/2017/11/03/mosaic-company-the-mos-shares-sold-by-state-treasurer-state-of-michigan.html.

In related news, Director Robert L. Lumpkins acquired 7,000 shares of Mosaic Company (The) stock in a transaction that occurred on Monday, August 21st. The stock was acquired at an average price of $19.94 per share, for a total transaction of $139,580.00. Following the transaction, 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 document filed with the SEC, which can be accessed through this link. Insiders own 0.38% of the company’s stock.

Mosaic Company (The) (NYSE:MOS) last issued its quarterly earnings results on Tuesday, October 31st. The basic materials company reported $0.43 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.25 by $0.18. Mosaic Company (The) had a return on equity of 3.61% and a net margin of 4.68%. The business had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same period in the previous year, the business earned $0.41 EPS. The business’s quarterly revenue was up 1.7% on a year-over-year basis.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 21st. Investors of record on Thursday, December 7th will be given a dividend of $0.025 per share. The ex-dividend date is Wednesday, December 6th. This represents a $0.10 dividend on an annualized basis and a yield of Infinity. Mosaic Company (The)’s dividend payout ratio is currently 62.50%.

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)

What are top analysts saying about Mosaic Company (The)? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Mosaic Company (The) and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit