CWA Asset Management Group LLC Invests $10.93 Million in The Mosaic Company $MOS

Key Points

• CWA Asset Management Group LLC has invested approximately $10.93 million in The Mosaic Company by acquiring 299,733 shares during the second quarter.
• Mosaic reported a net loss of $0.20 EPS in its latest earnings, missing estimates, with revenues of $3.01 billion for the quarter.
• The company announced a quarterly dividend of $0.22, representing an annualized yield of 2.5%, with a payout ratio of 29.83%.

CWA Asset Management Group LLC acquired a new position in shares of The Mosaic Company (NYSE:MOS - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 299,733 shares of the basic materials company's stock, valued at approximately $10,934,000. CWA Asset Management Group LLC owned approximately 0.09% of Mosaic as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Ancora Advisors LLC grew its position in Mosaic by 0.9% during the first 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 in the last quarter. NewEdge Advisors LLC grew its position in Mosaic by 27.8% during the first 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 in the last quarter. Twin Capital Management Inc. grew its position in Mosaic by 2.7% during the first 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 in the last quarter. UMB Bank n.a. grew its position in Mosaic by 25.7% during the second 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 in the last quarter. Finally, Strengthening Families & Communities LLC boosted its holdings in Mosaic by 12.0% during the first quarter. Strengthening Families & Communities LLC now owns 4,210 shares of the basic materials company's stock valued at $116,000 after purchasing an additional 450 shares in the last quarter. 77.54% of the stock is owned by institutional investors.

Mosaic Stock Performance

MOS stock opened at $35.30 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 company has a 50 day moving average price of $33.86 and a 200 day moving average price of $32.57. The Mosaic Company has a fifty-two week low of $22.36 and a fifty-two week high of $38.23. The stock has a market capitalization of $11.20 billion, a PE ratio of 11.97, a price-to-earnings-growth ratio of 1.64 and a beta of 0.99.

Mosaic (NYSE:MOS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share 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 return on equity of 4.74% and a net margin of 8.35%.The business's revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.54 EPS. Analysts forecast that The Mosaic Company will post 2.04 EPS for the current year.

Mosaic Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Monday, September 8th were given a $0.22 dividend. The ex-dividend date was Monday, September 8th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.5%. Mosaic's dividend payout ratio is currently 29.83%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on MOS shares. Wall Street Zen downgraded Mosaic from a "buy" rating to a "hold" rating in a report on Saturday, September 13th. Barclays lifted their price objective on Mosaic from $40.00 to $46.00 and gave the company an "overweight" rating in a report on Monday, July 7th. Zacks Research raised Mosaic from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 14th. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Mosaic in a report on Monday, July 14th. Finally, Oppenheimer reaffirmed an "outperform" rating and set a $43.00 price objective (up from $39.00) on shares of Mosaic in a report on Tuesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $36.42.

About Mosaic

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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