Stephens Inc. AR Invests $799,000 in The Mosaic Company $MOS

Stephens Inc. AR bought a new position in The Mosaic Company (NYSE:MOS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 21,890 shares of the basic materials company’s stock, valued at approximately $799,000.

Several other large investors have also made changes to their positions in MOS. Cambridge Investment Research Advisors Inc. grew its holdings in Mosaic by 36.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 56,284 shares of the basic materials company’s stock worth $1,520,000 after acquiring an additional 14,943 shares during the last quarter. Oppenheimer & Co. Inc. bought a new stake in Mosaic during the 1st quarter worth about $1,119,000. US Bancorp DE grew its holdings in Mosaic by 204.1% during the 2nd quarter. US Bancorp DE now owns 43,080 shares of the basic materials company’s stock worth $1,572,000 after acquiring an additional 28,912 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Mosaic by 19.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 47,186 shares of the basic materials company’s stock worth $1,275,000 after acquiring an additional 7,828 shares during the last quarter. Finally, HB Wealth Management LLC bought a new stake in Mosaic during the 2nd quarter worth about $252,000. Institutional investors own 77.54% of the company’s stock.

Mosaic Stock Performance

Shares of NYSE:MOS opened at $30.00 on Friday. The company has a market capitalization of $9.52 billion, a price-to-earnings ratio of 10.17, a P/E/G ratio of 0.97 and a beta of 1.00. The firm’s 50 day simple moving average is $32.84 and its 200 day simple moving average is $33.30. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.44. The Mosaic Company has a fifty-two week low of $22.36 and a fifty-two week high of $38.23.

Mosaic (NYSE:MOS) last announced 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). The firm had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3.11 billion. Mosaic had a net margin of 8.35% and a return on equity of 4.74%. The business’s revenue was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.54 earnings per share. As a group, sell-side analysts forecast 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 issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 2.9%. The ex-dividend date was Monday, September 8th. Mosaic’s dividend payout ratio (DPR) is 29.83%.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Royal Bank Of Canada lowered shares of Mosaic from an “outperform” rating to a “sector perform” rating and set a $30.00 price objective on the stock. in a report on Friday, October 10th. Mizuho set a $34.00 target price on shares of Mosaic in a research note on Monday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mosaic in a research note on Wednesday, October 8th. Wall Street Zen lowered shares of Mosaic from a “buy” rating to a “hold” rating in a research note on Saturday, September 13th. Finally, UBS Group reduced their target price on shares of Mosaic from $44.00 to $40.00 and set a “buy” rating on the stock in a research note on Monday, October 13th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price 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.