SG Americas Securities LLC Boosts Stock Position in The Mosaic Company (NYSE:MOS)

SG Americas Securities LLC boosted its holdings in shares of The Mosaic Company (NYSE:MOS - Free Report) by 1,231.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 71,478 shares of the basic materials company's stock after acquiring an additional 66,111 shares during the quarter. SG Americas Securities LLC's holdings in Mosaic were worth $1,931,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Intellectus Partners LLC increased its position in shares of Mosaic by 3.3% during the 4th quarter. Intellectus Partners LLC now owns 12,350 shares of the basic materials company's stock worth $304,000 after purchasing an additional 400 shares during the last quarter. Arizona State Retirement System boosted its stake in Mosaic by 0.5% during the fourth quarter. Arizona State Retirement System now owns 92,550 shares of the basic materials company's stock worth $2,275,000 after buying an additional 471 shares during the period. Probity Advisors Inc. increased its position in shares of Mosaic by 6.2% during the fourth quarter. Probity Advisors Inc. now owns 8,701 shares of the basic materials company's stock valued at $214,000 after acquiring an additional 508 shares during the last quarter. United Capital Financial Advisors LLC raised its stake in shares of Mosaic by 7.1% in the 4th quarter. United Capital Financial Advisors LLC now owns 8,947 shares of the basic materials company's stock valued at $220,000 after acquiring an additional 592 shares during the period. Finally, Investors Asset Management of Georgia Inc. GA ADV lifted its holdings in shares of Mosaic by 7.0% in the 4th quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 9,524 shares of the basic materials company's stock worth $237,000 after acquiring an additional 619 shares during the last quarter. Institutional investors and hedge funds own 77.54% of the company's stock.

Insider Activity

In other Mosaic news, SVP Walter F. Precourt III sold 18,000 shares of Mosaic stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $35.73, for a total value of $643,140.00. Following the sale, the senior vice president now owns 128,546 shares of the company's stock, valued at approximately $4,592,948.58. The trade was a 12.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.86% of the company's stock.

Mosaic Stock Up 0.3%

Shares of Mosaic stock traded up $0.12 during trading on Tuesday, hitting $36.13. 4,873,694 shares of the stock were exchanged, compared to its average volume of 4,824,185. The stock has a market cap of $11.46 billion, a price-to-earnings ratio of 31.15, a price-to-earnings-growth ratio of 2.11 and a beta of 1.14. The firm's 50-day moving average price is $32.26 and its 200 day moving average price is $28.17. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.12 and a quick ratio of 0.44. The Mosaic Company has a 12-month low of $22.36 and a 12-month high of $37.69.

Mosaic (NYSE:MOS - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The basic materials company reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.04. Mosaic had a net margin of 3.32% and a return on equity of 4.91%. The firm had revenue of $2.62 billion during the quarter, compared to analysts' expectations of $2.70 billion. During the same period in the previous year, the company earned $0.65 earnings per share. Mosaic's quarterly revenue was down 2.2% compared to the same quarter last year. As a group, analysts forecast that The Mosaic Company will post 2.04 earnings per share for the current fiscal year.

Mosaic Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Shareholders of record on Thursday, June 5th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date of this dividend is Thursday, June 5th. Mosaic's dividend payout ratio is currently 75.86%.

Analyst Upgrades and Downgrades

MOS has been the topic of a number of research analyst reports. JPMorgan Chase & Co. boosted their target price on Mosaic from $29.00 to $35.00 and gave the company an "overweight" rating in a research report on Friday, May 9th. Scotiabank reissued an "outperform" rating on shares of Mosaic in a research note on Wednesday, May 14th. Barclays reaffirmed an "overweight" rating and issued a $40.00 target price (up from $33.00) on shares of Mosaic in a research report on Wednesday, May 14th. Wells Fargo & Company increased their price target on shares of Mosaic from $28.00 to $35.00 and gave the stock an "equal weight" rating in a research report on Monday, May 12th. Finally, Royal Bank Of Canada upgraded shares of Mosaic from a "sector perform" rating to an "outperform" rating and lifted their price objective for the company from $30.00 to $40.00 in a report on Thursday, May 8th. Seven research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $34.58.

Mosaic 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.