111 Capital Buys Shares of 17,742 The Mosaic Company $MOS

Key Points

• 111 Capital acquired 17,742 shares of The Mosaic Company, estimated at around $647,000, marking a significant increase in institutional interest in the company.
• The Mosaic Company's stock saw a 0.7% decline, with a current market cap of $10.95 billion and a price-to-earnings ratio of 11.70.
• Recent quarterly earnings reported a miss with $0.51 EPS compared to an expected $0.71, while the firm declared a quarterly dividend of $0.22 per share.

111 Capital purchased a new position in shares of The Mosaic Company (NYSE:MOS - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 17,742 shares of the basic materials company's stock, valued at approximately $647,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Ancora Advisors LLC raised its stake in shares of Mosaic by 0.9% during the 1st quarter. Ancora Advisors LLC now owns 40,256 shares of the basic materials company's stock worth $1,087,000 after buying an additional 350 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Mosaic by 27.8% during the 1st quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company's stock worth $47,000 after buying an additional 380 shares during the last quarter. Twin Capital Management Inc. raised its stake in shares of Mosaic by 2.7% during the 1st quarter. Twin Capital Management Inc. now owns 14,590 shares of the basic materials company's stock worth $394,000 after buying an additional 384 shares during the last quarter. UMB Bank n.a. raised its stake in shares of Mosaic by 25.7% during the 2nd quarter. UMB Bank n.a. now owns 1,893 shares of the basic materials company's stock worth $69,000 after buying an additional 387 shares during the last quarter. Finally, Abundance Wealth Counselors raised its stake in shares of Mosaic by 1.8% during the 2nd quarter. Abundance Wealth Counselors now owns 22,777 shares of the basic materials company's stock worth $827,000 after buying an additional 413 shares during the last quarter. Institutional investors and hedge funds own 77.54% of the company's stock.

Mosaic Stock Down 0.7%

MOS opened at $34.52 on Friday. 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 $10.95 billion, a price-to-earnings ratio of 11.70, a price-to-earnings-growth ratio of 1.60 and a beta of 1.00. The business has a 50-day moving average of $33.65 and a two-hundred day moving average of $32.85. The Mosaic Company has a 12 month low of $22.36 and a 12 month high of $38.23.

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

Mosaic Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Shareholders 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 yield of 2.5%. Mosaic's payout ratio is 29.83%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on MOS shares. UBS Group lifted their price target on Mosaic from $45.00 to $46.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. Zacks Research upgraded Mosaic from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 14th. Wall Street Zen cut Mosaic from a "buy" rating to a "hold" rating in a research report on Saturday, September 13th. Wells Fargo & Company dropped their price objective on Mosaic from $38.00 to $34.00 and set an "equal weight" rating for the company in a research report on Thursday, August 7th. Finally, Oppenheimer reiterated an "outperform" rating and set a $43.00 price objective (up previously from $39.00) on shares of Mosaic in a research report on Tuesday, July 15th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $36.42.

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.

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