Shufro Rose & Co. LLC Sells 7,500 Shares of The Mosaic Company (NYSE:MOS)

Shufro Rose & Co. LLC reduced its stake in The Mosaic Company (NYSE:MOS - Free Report) by 25.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,700 shares of the basic materials company's stock after selling 7,500 shares during the period. Shufro Rose & Co. LLC's holdings in Mosaic were worth $533,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Intellectus Partners LLC boosted its stake in Mosaic by 3.3% during the fourth quarter. Intellectus Partners LLC now owns 12,350 shares of the basic materials company's stock valued at $304,000 after buying an additional 400 shares during the period. 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 valued at $2,275,000 after buying an additional 471 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in Mosaic by 1.8% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 32,516 shares of the basic materials company's stock valued at $799,000 after buying an additional 570 shares during the period. United Capital Financial Advisors LLC boosted its stake in Mosaic by 7.1% during the fourth quarter. United Capital Financial Advisors LLC now owns 8,947 shares of the basic materials company's stock valued at $220,000 after buying an additional 592 shares during the period. Finally, Investors Asset Management of Georgia Inc. GA ADV boosted its stake in Mosaic by 7.0% during the fourth quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 9,524 shares of the basic materials company's stock valued at $237,000 after buying an additional 619 shares during the period. 77.54% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Wall Street Zen raised Mosaic from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd. Wells Fargo & Company raised their price target on Mosaic from $28.00 to $35.00 and gave the company an "equal weight" rating in a research report on Monday, May 12th. CIBC raised their price target on Mosaic from $32.00 to $33.00 and gave the company a "neutral" rating in a research report on Friday, May 9th. Royal Bank of Canada upgraded Mosaic from a "sector perform" rating to an "outperform" rating and raised their price target for the company from $30.00 to $40.00 in a research report on Thursday, May 8th. Finally, Barclays restated an "overweight" rating and set a $40.00 price target (up previously from $33.00) on shares of Mosaic in a research report on Wednesday, May 14th. Six investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $34.58.

Mosaic Price Performance

Shares of MOS traded up $0.26 during midday trading on Friday, hitting $36.17. 6,943,846 shares of the company traded hands, compared to its average volume of 4,707,900. The firm has a 50 day moving average of $29.81 and a 200-day moving average of $27.35. The Mosaic Company has a 52 week low of $22.36 and a 52 week high of $36.34. The stock has a market cap of $11.47 billion, a price-to-earnings ratio of 32.01, a PEG ratio of 1.42 and a beta of 1.09. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.49 and a current ratio of 1.19.

Mosaic (NYSE:MOS - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The basic materials company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.45 by $0.04. Mosaic had a net margin of 3.24% and a return on equity of 6.00%. The business had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter in the prior year, the firm earned $0.65 EPS. The business's revenue was down 2.2% on a year-over-year basis. On average, analysts forecast that The Mosaic Company will post 2.04 EPS for the current fiscal year.

Mosaic Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Stockholders of record on Thursday, June 5th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.43%. The ex-dividend date of this dividend is Thursday, June 5th. Mosaic's payout ratio is 75.86%.

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.