MBB Public Markets I LLC Takes $304,000 Position in The Mosaic Company $MOS

Key Points

• MBB Public Markets I LLC has acquired a new stake in The Mosaic Company valued at approximately $304,000, acquiring 11,248 shares during the first quarter.
• The company's recent quarterly earnings report showed an EPS of $0.51, missing estimates by $0.20, and revenue of $3.01 billion, falling short of the forecasted $3.11 billion.
• Mosaic has announced a quarterly dividend of $0.22 per share, with a dividend yield of 2.6%, to be paid on September 18th.

MBB Public Markets I LLC acquired a new stake in shares of The Mosaic Company (NYSE:MOS - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,248 shares of the basic materials company's stock, valued at approximately $304,000.

Other hedge funds have also made changes to their positions in the company. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Mosaic by 36.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 56,284 shares of the basic materials company's stock valued at $1,520,000 after acquiring an additional 14,943 shares during the last quarter. Yousif Capital Management LLC increased its holdings in shares of Mosaic by 1.3% during the 1st quarter. Yousif Capital Management LLC now owns 53,172 shares of the basic materials company's stock valued at $1,436,000 after acquiring an additional 685 shares during the last quarter. Oppenheimer & Co. Inc. acquired a new position in shares of Mosaic during the 1st quarter valued at about $1,119,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Mosaic by 19.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 47,186 shares of the basic materials company's stock valued at $1,275,000 after acquiring an additional 7,828 shares during the last quarter. Finally, Vontobel Holding Ltd. increased its holdings in shares of Mosaic by 12.8% during the 1st quarter. Vontobel Holding Ltd. now owns 23,543 shares of the basic materials company's stock valued at $636,000 after acquiring an additional 2,663 shares during the last quarter. Institutional investors and hedge funds own 77.54% of the company's stock.

Mosaic Price Performance

Shares of MOS stock opened at $33.40 on Thursday. The stock has a 50 day moving average of $34.40 and a two-hundred day moving average of $31.72. 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 Mosaic Company has a 12 month low of $22.36 and a 12 month high of $38.23. The company has a market capitalization of $10.60 billion, a P/E ratio of 11.32, a P/E/G ratio of 1.49 and a beta of 0.99.

Mosaic (NYSE:MOS - Get Free Report) last announced its quarterly earnings data 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). Mosaic had a return on equity of 4.74% and a net margin of 8.35%.The firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3.11 billion. During the same quarter in the prior year, the business posted $0.54 EPS. Mosaic's revenue was up 6.7% compared to the same quarter last year. As a group, equities analysts expect 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 will be paid on Thursday, September 18th. Shareholders of record on Monday, September 8th will be given a $0.22 dividend. The ex-dividend date is Monday, September 8th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.6%. Mosaic's dividend payout ratio (DPR) is currently 29.83%.

Wall Street Analyst Weigh In

MOS has been the topic of a number of analyst reports. Royal Bank Of Canada reissued an "outperform" rating on shares of Mosaic in a report on Monday, July 14th. Barclays raised their target price on Mosaic from $40.00 to $46.00 and gave the company an "overweight" rating in a report on Monday, July 7th. JPMorgan Chase & Co. raised their target price on Mosaic from $35.00 to $37.00 and gave the company an "overweight" rating in a report on Monday, August 11th. UBS Group raised their target price on Mosaic from $45.00 to $46.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Finally, Zacks Research raised Mosaic from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 14th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target 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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