The Mosaic Company $MOS Shares Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd grew its stake in The Mosaic Company (NYSE:MOS) by 203.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 240,417 shares of the basic materials company’s stock after purchasing an additional 161,155 shares during the quarter. Y Intercept Hong Kong Ltd owned approximately 0.08% of Mosaic worth $8,770,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Convergence Investment Partners LLC bought a new stake in shares of Mosaic during the 2nd quarter valued at about $1,598,000. Envestnet Asset Management Inc. grew its position in shares of Mosaic by 1,298.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,157,804 shares of the basic materials company’s stock valued at $42,237,000 after buying an additional 1,075,038 shares during the last quarter. Brighton Jones LLC bought a new stake in shares of Mosaic during the 2nd quarter valued at about $277,000. CVA Family Office LLC grew its position in shares of Mosaic by 25.2% during the 2nd quarter. CVA Family Office LLC now owns 4,569 shares of the basic materials company’s stock valued at $167,000 after buying an additional 919 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC bought a new stake in shares of Mosaic during the 2nd quarter valued at about $278,000. Institutional investors own 77.54% of the company’s stock.

Mosaic Trading Up 1.2%

Mosaic stock opened at $30.00 on Monday. The firm has a 50 day simple moving average of $32.84 and a 200-day simple moving average of $33.43. 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 stock has a market capitalization of $9.52 billion, a PE ratio of 10.17, a price-to-earnings-growth ratio of 0.98 and a beta of 1.00. The Mosaic Company has a 12-month low of $22.36 and a 12-month high of $38.23.

Mosaic (NYSE:MOS) last posted its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.20). The company had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3.11 billion. Mosaic had a net margin of 8.35% and a return on equity of 4.74%. The company’s revenue was up 6.7% on a year-over-year basis. During the same quarter last year, the business earned $0.54 earnings per share. As a group, equities research analysts expect that The Mosaic Company will post 2.04 EPS for the current fiscal year.

Mosaic Announces Dividend

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

Wall Street Analysts Forecast Growth

MOS has been the topic of several analyst reports. Oppenheimer set a $40.00 target price on Mosaic in a research report on Wednesday. Bank of America dropped their target price on Mosaic from $49.00 to $43.00 and set a “buy” rating on the stock in a research report on Tuesday, October 14th. Weiss Ratings restated a “hold (c)” rating on shares of Mosaic in a research report on Saturday. Wells Fargo & Company decreased their target price on shares of Mosaic from $34.00 to $32.00 and set an “equal weight” rating for the company in a research report on Thursday, October 16th. Finally, Zacks Research cut shares of Mosaic from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $35.23.

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.