The Mosaic Company (NYSE:MOS) Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. cut its holdings in The Mosaic Company (NYSE:MOSFree Report) by 13.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 20,698 shares of the basic materials company’s stock after selling 3,141 shares during the period. Securian Asset Management Inc.’s holdings in Mosaic were worth $740,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Denali Advisors LLC grew its position in shares of Mosaic by 100.5% in the fourth quarter. Denali Advisors LLC now owns 826 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 414 shares during the period. Janiczek Wealth Management LLC grew its holdings in Mosaic by 28.0% in the 4th quarter. Janiczek Wealth Management LLC now owns 1,455 shares of the basic materials company’s stock valued at $52,000 after buying an additional 318 shares during the period. NBC Securities Inc. purchased a new position in shares of Mosaic during the 3rd quarter worth about $57,000. Planned Solutions Inc. purchased a new position in shares of Mosaic during the 4th quarter worth about $65,000. Finally, CVA Family Office LLC purchased a new position in shares of Mosaic during the 4th quarter worth about $79,000. Hedge funds and other institutional investors own 77.54% of the company’s stock.

Mosaic Stock Up 2.9 %

Shares of NYSE:MOS opened at $31.76 on Thursday. The company has a quick ratio of 0.51, a current ratio of 1.16 and a debt-to-equity ratio of 0.26. The Mosaic Company has a 52-week low of $27.83 and a 52-week high of $42.81. The company has a 50 day moving average of $31.07 and a two-hundred day moving average of $32.70. The company has a market capitalization of $10.22 billion, a price-to-earnings ratio of 13.51, a price-to-earnings-growth ratio of 1.65 and a beta of 1.51.

Mosaic (NYSE:MOSGet Free Report) last issued its quarterly earnings data on Wednesday, May 1st. The basic materials company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.01). Mosaic had a net margin of 6.07% and a return on equity of 8.23%. The firm had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.88 billion. During the same period last year, the business earned $1.14 EPS. The firm’s revenue was down 25.7% compared to the same quarter last year. As a group, analysts forecast that The Mosaic Company will post 2.67 earnings per share for the current fiscal year.

Mosaic Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Thursday, June 6th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date of this dividend is Thursday, June 6th. Mosaic’s payout ratio is currently 35.74%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Barclays cut their price objective on shares of Mosaic from $42.00 to $39.00 and set an “overweight” rating on the stock in a report on Monday, May 13th. Scotiabank cut their price objective on shares of Mosaic from $40.00 to $38.00 and set a “sector outperform” rating on the stock in a report on Monday, May 6th. TheStreet lowered shares of Mosaic from a “b-” rating to a “c+” rating in a report on Tuesday, February 6th. Mizuho cut their price objective on shares of Mosaic from $34.00 to $33.00 and set a “neutral” rating on the stock in a report on Friday, May 3rd. Finally, The Goldman Sachs Group cut their price target on shares of Mosaic from $54.00 to $48.00 and set a “buy” rating on the stock in a report on Thursday, February 1st. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $38.36.

Read Our Latest Analysis on Mosaic

Mosaic Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Mosaic (NYSE:MOS)

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