Trilogy Global Advisors LP reduced its stake in Mosaic Co. (NYSE:MOS) by 2.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 367,562 shares of the company’s stock after selling 10,124 shares during the period. Trilogy Global Advisors LP owned 0.10% of Mosaic worth $8,990,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in MOS. Synovus Financial Corp increased its stake in Mosaic by 127.4% in the second quarter. Synovus Financial Corp now owns 4,128 shares of the company’s stock valued at $107,000 after buying an additional 2,313 shares during the last quarter. Seven Eight Capital LLC increased its stake in Mosaic by 27.2% in the first quarter. Seven Eight Capital LLC now owns 4,209 shares of the company’s stock valued at $114,000 after buying an additional 900 shares during the last quarter. Mizuho Asset Management Co. Ltd. increased its stake in Mosaic by 139.6% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 4,668 shares of the company’s stock valued at $122,000 after buying an additional 2,720 shares during the last quarter. Exane Derivatives acquired a new stake in Mosaic during the second quarter valued at approximately $126,000. Finally, Quantbot Technologies LP acquired a new stake in Mosaic during the third quarter valued at approximately $144,000. Institutional investors own 88.31% of the company’s stock.
Mosaic Co. (NYSE:MOS) opened at 27.45 on Friday. Mosaic Co. has a 12-month low of $22.02 and a 12-month high of $32.26. The company has a 50-day moving average price of $25.36 and a 200-day moving average price of $26.47. The stock has a market capitalization of $9.61 billion, a PE ratio of 21.87 and a beta of 1.25.
Mosaic (NYSE:MOS) last posted its earnings results on Tuesday, November 1st. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.10 by $0.23. The firm had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.92 billion. Mosaic had a return on equity of 3.78% and a net margin of 5.91%. Mosaic’s revenue for the quarter was down 5.0% compared to the same quarter last year. During the same period last year, the company earned $0.62 earnings per share. Analysts expect that Mosaic Co. will post $0.73 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 15th. Shareholders of record on Thursday, December 1st will be issued a $0.275 dividend. This represents a $1.10 annualized dividend and a yield of 4.01%. The ex-dividend date is Tuesday, November 29th. Mosaic’s payout ratio is currently 88.00%.
Several equities research analysts recently commented on MOS shares. Zacks Investment Research upgraded Mosaic from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a report on Tuesday, November 8th. BMO Capital Markets restated a “hold” rating and set a $23.00 price target on shares of Mosaic in a research note on Wednesday, August 3rd. JPMorgan Chase & Co. set a $24.00 price target on Mosaic and gave the company a “hold” rating in a research note on Wednesday, August 3rd. Susquehanna downgraded Mosaic from a “positive” rating to a “neutral” rating and cut their price target for the company from $30.00 to $28.00 in a research note on Wednesday, August 17th. Finally, Citigroup Inc. boosted their price target on Mosaic from $26.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, August 4th. Nine equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $26.03.