Valeo Financial Advisors LLC Makes New Investment in The Mosaic Company $MOS

Valeo Financial Advisors LLC acquired a new position in The Mosaic Company (NYSE:MOS - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 186,212 shares of the basic materials company's stock, valued at approximately $6,793,000. Valeo Financial Advisors LLC owned 0.06% of Mosaic as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of the stock. Dimensional Fund Advisors LP raised its stake in shares of Mosaic by 4.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 11,497,545 shares of the basic materials company's stock worth $310,549,000 after purchasing an additional 456,327 shares in the last quarter. Boston Partners increased its stake in Mosaic by 42.2% in the 1st quarter. Boston Partners now owns 7,979,380 shares of the basic materials company's stock valued at $215,540,000 after buying an additional 2,368,094 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Mosaic by 6.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 3,595,452 shares of the basic materials company's stock valued at $97,113,000 after purchasing an additional 226,856 shares during the last quarter. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Mosaic in the 1st quarter valued at about $54,953,000. Finally, Truist Financial Corp grew its stake in shares of Mosaic by 13,275.9% during the second quarter. Truist Financial Corp now owns 2,022,840 shares of the basic materials company's stock valued at $73,793,000 after buying an additional 2,007,717 shares during the last quarter. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Mosaic Stock Performance

MOS opened at $34.52 on Monday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.44. The company has a market capitalization of $10.95 billion, a price-to-earnings ratio of 11.70, a price-to-earnings-growth ratio of 1.60 and a beta of 1.00. The business has a 50 day moving average price of $33.65 and a two-hundred day moving average price of $32.88. The Mosaic Company has a 1-year low of $22.36 and a 1-year high of $38.23.

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

Mosaic Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Monday, September 8th were issued a $0.22 dividend. The ex-dividend date was Monday, September 8th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.5%. Mosaic's dividend payout ratio (DPR) is 29.83%.

Wall Street Analyst Weigh In

Several research firms have recently commented on MOS. Oppenheimer reaffirmed an "outperform" rating and set a $43.00 price target (up previously from $39.00) on shares of Mosaic in a research report on Tuesday, July 15th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Mosaic in a report on Saturday, September 27th. Zacks Research upgraded shares of Mosaic from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 14th. Wall Street Zen cut Mosaic from a "buy" rating to a "hold" rating in a research note on Saturday, September 13th. Finally, UBS Group raised their price target on Mosaic from $45.00 to $46.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $36.42.

About Mosaic

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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