180 Wealth Advisors LLC Sells 1,262 Shares of The Mosaic Company $MOS

180 Wealth Advisors LLC trimmed its holdings in shares of The Mosaic Company (NYSE:MOS) by 6.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,004 shares of the basic materials company’s stock after selling 1,262 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Mosaic were worth $620,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cambridge Investment Research Advisors Inc. lifted its position in shares of Mosaic by 36.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 56,284 shares of the basic materials company’s stock worth $1,520,000 after purchasing an additional 14,943 shares during the last quarter. Oppenheimer & Co. Inc. bought a new stake in shares of Mosaic during the first quarter worth $1,119,000. US Bancorp DE lifted its position in shares of Mosaic by 204.1% during the second quarter. US Bancorp DE now owns 43,080 shares of the basic materials company’s stock worth $1,572,000 after purchasing an additional 28,912 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Mosaic by 19.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 47,186 shares of the basic materials company’s stock worth $1,275,000 after purchasing an additional 7,828 shares during the last quarter. Finally, HB Wealth Management LLC bought a new stake in shares of Mosaic during the second quarter worth $252,000. 77.54% of the stock is currently owned by institutional investors.

Mosaic Trading Up 1.2%

Mosaic stock opened at $30.00 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.44 and a debt-to-equity ratio of 0.26. The Mosaic Company has a 12 month low of $22.36 and a 12 month high of $38.23. The stock’s 50 day simple moving average is $32.84 and its two-hundred day simple moving average is $33.30. The firm has a market cap of $9.52 billion, a PE ratio of 10.17, a P/E/G ratio of 0.97 and a beta of 1.00.

Mosaic (NYSE:MOS) last issued its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.20). Mosaic had a net margin of 8.35% and a return on equity of 4.74%. The company had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $3.11 billion. During the same period in the prior year, the business posted $0.54 earnings per share. The company’s quarterly revenue was up 6.7% compared to the same quarter last year. Analysts anticipate that The Mosaic Company will post 2.04 earnings per share for the current year.

Mosaic Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Monday, September 8th were paid a $0.22 dividend. The ex-dividend date of this dividend was Monday, September 8th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.9%. Mosaic’s dividend payout ratio (DPR) is 29.83%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Barclays decreased their price objective on Mosaic from $46.00 to $44.00 and set an “overweight” rating for the company in a report on Thursday, October 9th. Zacks Research lowered Mosaic from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of Mosaic in a research note on Wednesday, October 8th. Wells Fargo & Company cut their target price on Mosaic from $34.00 to $32.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 16th. Finally, UBS Group cut their target price on Mosaic from $44.00 to $40.00 and set a “buy” rating on the stock in a research note on Monday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, Mosaic has an average rating of “Moderate Buy” and an average price target of $35.23.

Mosaic Company Profile

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and Mosaic Fertilizantes. 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, as well as produces a double sulfate of potash magnesia product under K-Mag brand name.