Czech National Bank Has $1.97 Million Position in The Mosaic Company (NYSE:MOS)

Czech National Bank increased its position in shares of The Mosaic Company (NYSE:MOS) by 5.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 72,958 shares of the basic materials company’s stock after purchasing an additional 4,086 shares during the period. Czech National Bank’s holdings in Mosaic were worth $1,971,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its holdings in Mosaic by 4.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,368,596 shares of the basic materials company’s stock worth $82,800,000 after purchasing an additional 150,186 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in Mosaic during the 4th quarter worth approximately $1,054,000. Jones Financial Companies Lllp lifted its holdings in Mosaic by 59.5% during the 4th quarter. Jones Financial Companies Lllp now owns 7,682 shares of the basic materials company’s stock worth $189,000 after purchasing an additional 2,867 shares during the last quarter. Asset Management One Co. Ltd. raised its holdings in Mosaic by 1.2% in the 4th quarter. Asset Management One Co. Ltd. now owns 122,893 shares of the basic materials company’s stock valued at $2,933,000 after acquiring an additional 1,489 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Mosaic in the 4th quarter valued at $3,599,000. 77.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MOS has been the subject of several analyst reports. Oppenheimer lifted their price objective on Mosaic from $33.00 to $40.00 and gave the company an “outperform” rating in a report on Tuesday, May 13th. Wells Fargo & Company lifted their price objective on Mosaic from $28.00 to $35.00 and gave the company an “equal weight” rating in a report on Monday, May 12th. The Goldman Sachs Group initiated coverage on Mosaic in a report on Thursday, March 13th. They issued a “buy” rating and a $31.00 price objective for the company. BNP Paribas upgraded Mosaic to a “strong-buy” rating in a research note on Wednesday, April 9th. Finally, Mizuho decreased their price target on Mosaic from $29.00 to $28.00 and set a “neutral” rating on the stock in a research note on Monday, March 3rd. Six equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Mosaic has a consensus rating of “Moderate Buy” and an average price target of $34.58.

Insider Buying and Selling

In other Mosaic news, SVP Walter F. Precourt III sold 18,000 shares of Mosaic stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $35.73, for a total transaction of $643,140.00. Following the transaction, the senior vice president now directly owns 128,546 shares of the company’s stock, valued at approximately $4,592,948.58. The trade was a 12.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.50% of the stock is currently owned by corporate insiders.

Mosaic Trading Down 0.3%

Shares of MOS stock opened at $36.84 on Thursday. The firm has a market capitalization of $11.69 billion, a P/E ratio of 32.60, a P/E/G ratio of 1.42 and a beta of 1.09. The Mosaic Company has a twelve month low of $22.36 and a twelve month high of $37.69. The company has a quick ratio of 0.49, a current ratio of 1.19 and a debt-to-equity ratio of 0.27. The stock’s fifty day simple moving average is $30.39 and its 200 day simple moving average is $27.57.

Mosaic (NYSE:MOS) last issued its quarterly earnings data on Tuesday, May 6th. The basic materials company reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.04. The business had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.70 billion. Mosaic had a return on equity of 6.00% and a net margin of 3.24%. Mosaic’s quarterly revenue was down 2.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.65 EPS. As a group, sell-side analysts predict that The Mosaic Company will post 2.04 EPS for the current fiscal year.

Mosaic Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Investors of record on Thursday, June 5th will be given a dividend of $0.22 per share. The ex-dividend date is Thursday, June 5th. This represents a $0.88 dividend on an annualized basis and a yield of 2.39%. Mosaic’s dividend payout ratio is currently 75.86%.

About Mosaic

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.