Cwm LLC Buys 18,981 Shares of The Mosaic Company $MOS

Key Points

• Cwm LLC increased its stake in The Mosaic Company by 117.6%, acquiring an additional 18,981 shares, bringing its total holdings to 35,118 shares valued at approximately $1.28 million.
• Mosaic recently reported earnings with EPS of $0.51, which was below the consensus estimate of $0.71, and revenue of $3.01 billion, slightly under expectations of $3.11 billion.
• The company declared a quarterly dividend of $0.22 per share, resulting in an annualized yield of 3.0% and a payout ratio of 29.83%.

Cwm LLC lifted its stake in shares of The Mosaic Company (NYSE:MOS - Free Report) by 117.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 35,118 shares of the basic materials company's stock after purchasing an additional 18,981 shares during the quarter. Cwm LLC's holdings in Mosaic were worth $1,281,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of MOS. Geneos Wealth Management Inc. boosted its holdings in shares of Mosaic by 169.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company's stock valued at $26,000 after acquiring an additional 601 shares in the last quarter. Bangor Savings Bank bought a new position in Mosaic in the second quarter valued at about $26,000. Allworth Financial LP boosted its stake in shares of Mosaic by 102.3% during the first quarter. Allworth Financial LP now owns 1,062 shares of the basic materials company's stock valued at $31,000 after purchasing an additional 537 shares in the last quarter. Reyes Financial Architecture Inc. bought a new stake in shares of Mosaic during the second quarter worth about $31,000. Finally, Grove Bank & Trust increased its stake in shares of Mosaic by 88.8% in the second quarter. Grove Bank & Trust now owns 1,008 shares of the basic materials company's stock valued at $37,000 after buying an additional 474 shares during the period. Institutional investors and hedge funds own 77.54% of the company's stock.

Mosaic Stock Up 0.9%

MOS opened at $29.59 on Tuesday. The Mosaic Company has a 12 month low of $22.36 and a 12 month high of $38.23. The company has a market cap of $9.39 billion, a PE ratio of 10.03, a price-to-earnings-growth ratio of 0.96 and a beta of 1.00. The company has a current ratio of 1.14, a quick ratio of 0.44 and a debt-to-equity ratio of 0.26. The company has a 50 day moving average of $33.03 and a 200 day moving average of $33.26.

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 analysts' consensus estimates 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%.Mosaic's revenue was up 6.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.54 earnings per share. On average, sell-side analysts expect that The Mosaic Company will post 2.04 EPS for the current year.

Mosaic Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Monday, September 8th were given a dividend of $0.22 per share. The ex-dividend date was Monday, September 8th. This represents a $0.88 annualized dividend and a dividend yield of 3.0%. Mosaic's dividend payout ratio is currently 29.83%.

Analyst Ratings Changes

Several research analysts have recently weighed in on MOS shares. Bank of America lowered their price objective on Mosaic from $49.00 to $43.00 and set a "buy" rating for the company in a research report on Tuesday, October 14th. Scotiabank cut Mosaic from a "sector outperform" rating to a "sector perform" rating and decreased their target price for the stock from $39.00 to $34.00 in a research note on Friday, October 10th. Wells Fargo & Company dropped their price target on Mosaic from $34.00 to $32.00 and set an "equal weight" rating on the stock in a research note on Thursday. JPMorgan Chase & Co. raised 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. Finally, Barclays dropped their target price on shares of Mosaic from $46.00 to $44.00 and set an "overweight" rating on the stock 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 given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $35.46.

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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