UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $35.61 Million Stock Position in The Mosaic Company $MOS

Key Points

• UBS AM has reduced its stake in The Mosaic Company by 35.3%, selling 718,233 shares during the first quarter, now holding shares valued at $35.61 million.
• Several institutional investors have increased their holdings in Mosaic, with Boston Partners lifting its position by 42.2% and Dimensional Fund Advisors by 4.1% during the same period.
• Mosaic's latest earnings report showed an EPS of $0.51, missing estimates, while the company announced a quarterly dividend of $0.22 per share, indicating a yield of 2.6%.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC cut its position in shares of The Mosaic Company (NYSE:MOS - Free Report) by 35.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,318,299 shares of the basic materials company's stock after selling 718,233 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.42% of Mosaic worth $35,607,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. NBC Securities Inc. bought a new stake in Mosaic during the 1st quarter valued at $26,000. Compagnie Lombard Odier SCmA acquired a new stake in shares of Mosaic in the 1st quarter worth $27,000. Allworth Financial LP lifted its position in Mosaic by 102.3% during the 1st quarter. Allworth Financial LP now owns 1,062 shares of the basic materials company's stock worth $31,000 after acquiring an additional 537 shares during the period. Heck Capital Advisors LLC acquired a new stake in Mosaic during the 4th quarter worth about $41,000. Finally, NewEdge Advisors LLC raised its stake in shares of Mosaic by 27.8% during the 1st quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company's stock valued at $47,000 after buying an additional 380 shares during the last quarter. Hedge funds and other institutional investors own 77.54% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on MOS. Wells Fargo & Company decreased their price objective on Mosaic from $38.00 to $34.00 and set an "equal weight" rating on the stock in a report on Thursday, August 7th. Scotiabank decreased their target price on shares of Mosaic from $42.00 to $39.00 and set a "sector outperform" rating for the company in a research note on Monday, August 11th. Oppenheimer reaffirmed an "outperform" rating and issued a $43.00 target price (up from $39.00) on shares of Mosaic in a report on Tuesday, July 15th. Royal Bank Of Canada restated an "outperform" rating on shares of Mosaic in a research report on Monday, July 14th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Mosaic from $35.00 to $37.00 and gave the company an "overweight" rating in a report on Monday, August 11th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Mosaic currently has a consensus rating of "Moderate Buy" and an average price target of $36.42.

Mosaic Stock Down 0.7%

Shares of MOS stock traded down $0.25 during trading on Friday, reaching $33.97. The company's stock had a trading volume of 4,302,160 shares, compared to its average volume of 3,916,739. The company has a quick ratio of 0.44, a current ratio of 1.14 and a debt-to-equity ratio of 0.26. The business has a fifty day moving average price of $33.97 and a 200-day moving average price of $32.18. The Mosaic Company has a one year low of $22.36 and a one year high of $38.23. The company has a market cap of $10.78 billion, a price-to-earnings ratio of 11.52, a price-to-earnings-growth ratio of 1.59 and a beta of 0.99.

Mosaic (NYSE:MOS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.71 by ($0.20). Mosaic had a net margin of 8.35% and a return on equity of 4.74%. The business had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3.11 billion. During the same quarter last year, the business earned $0.54 EPS. The firm's quarterly revenue was up 6.7% compared to the same quarter last year. Analysts anticipate that The Mosaic Company will post 2.04 earnings per share for the current year.

Mosaic Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Monday, September 8th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Monday, September 8th. Mosaic's dividend payout ratio is currently 29.83%.

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.