Yorktown Management & Research Co Inc Purchases New Position in Mosaic Company (The) (MOS)

Yorktown Management & Research Co Inc purchased a new position in shares of Mosaic Company (The) (NYSE:MOS) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 14,000 shares of the basic materials company’s stock, valued at approximately $302,000.

Several other hedge funds have also modified their holdings of the stock. State Street Corp increased its holdings in Mosaic Company (The) by 2.0% during the 2nd quarter. State Street Corp now owns 19,950,012 shares of the basic materials company’s stock worth $455,461,000 after purchasing an additional 397,403 shares during the period. State Board of Administration of Florida Retirement System grew its position in shares of Mosaic Company (The) by 0.8% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 517,307 shares of the basic materials company’s stock worth $11,810,000 after buying an additional 4,055 shares during the period. Andra AP fonden boosted its stake in Mosaic Company (The) by 240.3% during the 2nd quarter. Andra AP fonden now owns 79,300 shares of the basic materials company’s stock worth $1,810,000 after acquiring an additional 56,000 shares during the last quarter. River & Mercantile Asset Management LLP boosted its stake in Mosaic Company (The) by 11.2% during the 2nd quarter. River & Mercantile Asset Management LLP now owns 227,100 shares of the basic materials company’s stock worth $5,184,000 after acquiring an additional 22,850 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI boosted its stake in Mosaic Company (The) by 25.1% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 55,200 shares of the basic materials company’s stock worth $1,260,000 after acquiring an additional 11,080 shares during the last quarter. 76.45% of the stock is owned by hedge funds and other institutional investors.

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Several research firms recently weighed in on MOS. BidaskClub lowered shares of Mosaic Company (The) from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Cowen and Company upped their price objective on shares of Mosaic Company (The) from $21.00 to $24.00 and gave the company a “market perform” rating in a report on Wednesday. Zacks Investment Research raised shares of Mosaic Company (The) from a “hold” rating to a “buy” rating and set a $26.00 target price for the company in a research report on Tuesday, November 14th. BMO Capital Markets reissued a “market perform” rating and issued a $25.00 target price (down previously from $26.00) on shares of Mosaic Company (The) in a research report on Wednesday, August 2nd. Finally, Royal Bank Of Canada reduced their target price on shares of Mosaic Company (The) from $25.00 to $23.00 and set a “sector perform” rating for the company in a research report on Wednesday, August 2nd. Four equities research 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. The company presently has an average rating of “Hold” and a consensus target price of $23.91.

Mosaic Company (NYSE MOS) traded up $0.28 on Thursday, reaching $23.89. 3,541,200 shares of the company traded hands, compared to its average volume of 4,465,396. The company has a market capitalization of $8,288.27, a PE ratio of 23.15, a price-to-earnings-growth ratio of 2.56 and a beta of 1.27. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.78 and a quick ratio of 0.90. Mosaic Company has a 1-year low of $19.23 and a 1-year high of $34.36.

Mosaic Company (The) (NYSE:MOS) last posted its earnings results on Tuesday, October 31st. The basic materials company reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.18. The firm had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.93 billion. Mosaic Company (The) had a net margin of 4.68% and a return on equity of 3.61%. The business’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.41 earnings per share. sell-side analysts anticipate that Mosaic Company will post 0.97 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Thursday, December 7th will be issued a $0.025 dividend. The ex-dividend date is Wednesday, December 6th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.42%. Mosaic Company (The)’s dividend payout ratio (DPR) 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)

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