The Mosaic Company $MOS Shares Acquired by Triasima Portfolio Management inc.

Triasima Portfolio Management inc. grew its stake in The Mosaic Company (NYSE:MOS) by 54.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 32,065 shares of the basic materials company’s stock after purchasing an additional 11,310 shares during the quarter. Triasima Portfolio Management inc.’s holdings in Mosaic were worth $1,170,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of MOS. NBC Securities Inc. bought a new position in Mosaic in the 1st quarter worth about $26,000. Geneos Wealth Management Inc. boosted its stake in Mosaic by 169.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 601 shares during the period. Bangor Savings Bank acquired a new position in Mosaic in the 2nd quarter worth approximately $26,000. Compagnie Lombard Odier SCmA acquired a new stake in shares of Mosaic during the 1st quarter valued at $27,000. Finally, Allworth Financial LP boosted its stake in shares of Mosaic by 102.3% during the 1st quarter. Allworth Financial LP now owns 1,062 shares of the basic materials company’s stock valued at $31,000 after buying an additional 537 shares during the period. Institutional investors and hedge funds own 77.54% of the company’s stock.

Mosaic Stock Performance

NYSE MOS opened at $35.34 on Wednesday. The firm has a 50-day moving average of $33.60 and a 200-day moving average of $32.95. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.44 and a current ratio of 1.14. The stock has a market cap of $11.22 billion, a PE ratio of 11.98, a P/E/G ratio of 1.64 and a beta of 1.00. The Mosaic Company has a 52-week low of $22.36 and a 52-week high of $38.23.

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

Mosaic Announces Dividend

The firm also recently disclosed 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 was Monday, September 8th. This represents a $0.88 annualized dividend and a yield of 2.5%. Mosaic’s payout ratio is 29.83%.

Wall Street Analysts Forecast Growth

MOS has been the topic of several research reports. UBS Group dropped their price objective on shares of Mosaic from $46.00 to $44.00 and set a “buy” rating on the stock in a report on Monday. Weiss Ratings reiterated a “hold (c)” rating on shares of Mosaic in a research report on Saturday, September 27th. Barclays increased their price objective on shares of Mosaic from $40.00 to $46.00 and gave the company an “overweight” rating in a report on Monday, July 7th. Wells Fargo & Company cut their target price on shares of Mosaic from $38.00 to $34.00 and set an “equal weight” rating on the stock in a report on Thursday, August 7th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Mosaic from $35.00 to $37.00 and gave the stock an “overweight” rating in a research report on Monday, August 11th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $36.25.

Mosaic 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.