The Mosaic Company (MOS) Shares Sold by Swiss National Bank

Swiss National Bank cut its stake in The Mosaic Company (NYSE:MOS) by 13.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,066,065 shares of the basic materials company’s stock after selling 162,000 shares during the period. Swiss National Bank owned approximately 0.30% of The Mosaic worth $25,884,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Geode Capital Management LLC boosted its position in shares of The Mosaic by 3.3% in the fourth quarter. Geode Capital Management LLC now owns 3,731,386 shares of the basic materials company’s stock worth $95,552,000 after acquiring an additional 117,536 shares during the last quarter. Guggenheim Capital LLC raised its holdings in The Mosaic by 4.4% in the fourth quarter. Guggenheim Capital LLC now owns 2,505,676 shares of the basic materials company’s stock valued at $64,294,000 after buying an additional 105,273 shares during the period. Global Thematic Partners LLC raised its holdings in The Mosaic by 49.9% in the fourth quarter. Global Thematic Partners LLC now owns 2,325,030 shares of the basic materials company’s stock valued at $59,660,000 after buying an additional 773,747 shares during the period. Schwab Charles Investment Management Inc. raised its holdings in The Mosaic by 4.0% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 2,131,660 shares of the basic materials company’s stock valued at $54,699,000 after buying an additional 81,486 shares during the period. Finally, Renaissance Technologies LLC raised its holdings in The Mosaic by 324.4% in the fourth quarter. Renaissance Technologies LLC now owns 2,019,600 shares of the basic materials company’s stock valued at $51,823,000 after buying an additional 1,543,700 shares during the period. 80.79% of the stock is currently owned by institutional investors and hedge funds.

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Several research firms recently commented on MOS. Cowen raised their price target on shares of The Mosaic from $32.00 to $35.00 and gave the company an “outperform” rating in a report on Friday. Stephens began coverage on shares of The Mosaic in a report on Friday, February 2nd. They issued an “overweight” rating on the stock. BMO Capital Markets restated a “market perform” rating and issued a $26.00 price target (up previously from $24.00) on shares of The Mosaic in a report on Wednesday, February 21st. Zacks Investment Research lowered shares of The Mosaic from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 1st. Finally, Bank of America raised their price target on shares of The Mosaic from $20.00 to $24.00 and gave the company an “underperform” rating in a report on Wednesday, February 21st. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company’s stock. The Mosaic has a consensus rating of “Hold” and a consensus price target of $27.37.

In other news, Director Kelvin R. Westbrook acquired 1,200 shares of the company’s stock in a transaction dated Tuesday, February 27th. The shares were bought at an average price of $27.63 per share, for a total transaction of $33,156.00. Following the completion of the purchase, the director now directly owns 1,200 shares of the company’s stock, valued at approximately $33,156. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Robert L. Lumpkins acquired 4,655 shares of the company’s stock in a transaction dated Wednesday, May 2nd. The shares were purchased at an average price of $27.14 per share, for a total transaction of $126,336.70. Following the purchase, the director now directly owns 13,994 shares of the company’s stock, valued at $379,797.16. The disclosure for this purchase can be found here. Company insiders own 0.45% of the company’s stock.

MOS opened at $27.91 on Friday. The company has a market cap of $10.80 billion, a PE ratio of 25.61, a PEG ratio of 2.75 and a beta of 1.25. The Mosaic Company has a 52-week low of $19.23 and a 52-week high of $29.20. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.80 and a current ratio of 1.73.

The Mosaic (NYSE:MOS) last posted its quarterly earnings data on Monday, February 19th. The basic materials company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.07. The company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $1.91 billion. The Mosaic had a negative net margin of 0.82% and a positive return on equity of 4.44%. The business’s quarterly revenue was up 12.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.03 earnings per share. equities research analysts predict that The Mosaic Company will post 1.46 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 21st. Stockholders of record on Thursday, June 7th will be paid a dividend of $0.025 per share. The ex-dividend date of this dividend is Wednesday, June 6th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.36%. The Mosaic’s dividend payout ratio is currently 9.17%.

The Mosaic Company Profile

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients worldwide. The company operates through three segments: Phosphates, Potash, and International Distribution. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names.

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