Geode Capital Management LLC Has $201.82 Million Stake in The Mosaic Company (NYSE:MOS)

Geode Capital Management LLC boosted its position in shares of The Mosaic Company (NYSE:MOS) by 2.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,341,941 shares of the basic materials company’s stock after buying an additional 133,639 shares during the period. Geode Capital Management LLC owned approximately 1.67% of The Mosaic worth $201,820,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Berman Capital Advisors LLC boosted its stake in shares of The Mosaic by 149.4% in the 2nd quarter. Berman Capital Advisors LLC now owns 863 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 517 shares in the last quarter. San Francisco Sentry Investment Group CA boosted its stake in shares of The Mosaic by 968.1% in the 2nd quarter. San Francisco Sentry Investment Group CA now owns 1,004 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 910 shares in the last quarter. Stonebridge Capital Advisors LLC acquired a new stake in shares of The Mosaic in the 1st quarter valued at approximately $35,000. Selective Wealth Management Inc. boosted its stake in shares of The Mosaic by 2,900.0% in the 2nd quarter. Selective Wealth Management Inc. now owns 1,500 shares of the basic materials company’s stock valued at $48,000 after purchasing an additional 1,450 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its stake in shares of The Mosaic by 441.6% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,603 shares of the basic materials company’s stock valued at $51,000 after purchasing an additional 1,307 shares in the last quarter. Hedge funds and other institutional investors own 73.43% of the company’s stock.

MOS has been the topic of a number of research analyst reports. Bank of America raised their price target on shares of The Mosaic from $50.00 to $52.00 and gave the company a “buy” rating in a research note on Tuesday, September 14th. Zacks Investment Research lowered shares of The Mosaic from a “strong-buy” rating to a “hold” rating and set a $40.00 price objective for the company. in a report on Tuesday, October 5th. Mizuho assumed coverage on shares of The Mosaic in a report on Tuesday. They issued a “buy” rating and a $55.00 price objective for the company. Royal Bank of Canada raised their price objective on shares of The Mosaic from $50.00 to $55.00 and gave the company an “outperform” rating in a report on Thursday, October 7th. Finally, HSBC upgraded shares of The Mosaic from a “hold” rating to a “buy” rating and raised their price objective for the company from $37.00 to $39.00 in a report on Friday, August 20th. One analyst has rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, The Mosaic currently has an average rating of “Buy” and an average price target of $38.09.

The Mosaic stock opened at $40.73 on Thursday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.68 and a current ratio of 1.21. The Mosaic Company has a 52-week low of $16.01 and a 52-week high of $42.22. The firm has a 50 day moving average price of $34.02 and a two-hundred day moving average price of $33.33. The firm has a market cap of $15.47 billion, a price-to-earnings ratio of 11.01, a PEG ratio of 0.93 and a beta of 1.87.

The Mosaic (NYSE:MOS) last released its quarterly earnings results on Sunday, August 1st. The basic materials company reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.18. The firm had revenue of $2.80 billion during the quarter, compared to analyst estimates of $2.83 billion. The Mosaic had a net margin of 14.25% and a return on equity of 10.02%. The company’s revenue was up 37.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.11 EPS. As a group, equities research analysts predict that The Mosaic Company will post 4.87 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 16th. Stockholders of record on Thursday, September 2nd were paid a $0.075 dividend. The ex-dividend date was Wednesday, September 1st. This represents a $0.30 annualized dividend and a dividend yield of 0.74%. The Mosaic’s dividend payout ratio is currently 35.29%.

About The Mosaic

The Mosaic Co engages in the production and marketing of concentrated phosphate and potash crop nutrients. The company operates its businesses through it’s wholly and majority owned subsidiaries. It operates through the following segments: Phosphates, Potash, and Mosaic Fertilizantes. The Phosphates segment owns and operates mines and production facilities in North America which produces concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and concentrated crop nutrients.

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

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