Vanguard Personalized Indexing Management LLC Purchases 13,772 Shares of The Mosaic Company $MOS

Key Points

• Vanguard Personalized Indexing Management LLC increased its holdings in The Mosaic Company by 26.3% during the second quarter, acquiring an additional 13,772 shares and totaling 66,203 shares valued at $2.4 million.
• Mosaic's stock has experienced a 0.5% decline, with a current market price of $29.80, and a market capitalization of $9.46 billion.
• The company recently reported earnings per share of $0.51, missing estimates, with quarterly revenue of $3.01 billion, which is 6.7% higher year-over-year.

Vanguard Personalized Indexing Management LLC grew its holdings in The Mosaic Company (NYSE:MOS - Free Report) by 26.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 66,203 shares of the basic materials company's stock after acquiring an additional 13,772 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in Mosaic were worth $2,415,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. GAMMA Investing LLC raised its position in Mosaic by 45.8% during the first quarter. GAMMA Investing LLC now owns 16,685 shares of the basic materials company's stock valued at $451,000 after purchasing an additional 5,241 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Mosaic by 19.9% in 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 buying an additional 7,828 shares during the last quarter. Exchange Traded Concepts LLC raised its stake in Mosaic by 41.8% during the first quarter. Exchange Traded Concepts LLC now owns 5,407 shares of the basic materials company's stock worth $146,000 after buying an additional 1,595 shares during the last quarter. QRG Capital Management Inc. bought a new stake in shares of Mosaic during the 1st quarter valued at about $202,000. Finally, State of Alaska Department of Revenue increased its stake in shares of Mosaic by 2.7% in the 1st quarter. State of Alaska Department of Revenue now owns 37,209 shares of the basic materials company's stock valued at $1,005,000 after acquiring an additional 995 shares in the last quarter. 77.54% of the stock is owned by institutional investors.

Mosaic Trading Down 0.5%

Shares of Mosaic stock opened at $29.80 on Thursday. The stock has a market capitalization of $9.46 billion, a P/E ratio of 10.10, a P/E/G ratio of 1.46 and a beta of 1.00. The Mosaic Company has a 52-week low of $22.36 and a 52-week high of $38.23. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.44 and a current ratio of 1.14. The stock's 50-day simple moving average is $33.19 and its 200 day simple moving average is $33.09.

Mosaic (NYSE:MOS - Get Free Report) last posted its earnings results on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share 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%.Mosaic's revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.54 EPS. As a group, research analysts anticipate that The Mosaic Company will post 2.04 EPS for the current year.

Mosaic Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Monday, September 8th were issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Monday, September 8th. Mosaic's dividend payout ratio (DPR) is presently 29.83%.

Analyst Upgrades and Downgrades

MOS has been the topic of several recent research reports. Bank of America dropped their price target on shares of Mosaic from $49.00 to $43.00 and set a "buy" rating on the stock in a research report on Tuesday. Barclays cut their target price on Mosaic from $46.00 to $44.00 and set an "overweight" rating on the stock in a research note on Thursday, October 9th. Wall Street Zen downgraded Mosaic from a "buy" rating to a "hold" rating in a research report on Saturday, September 13th. Royal Bank Of Canada cut Mosaic from an "outperform" rating to a "sector perform" rating and set a $30.00 price objective on the stock. in a research report on Friday, October 10th. Finally, Oppenheimer reaffirmed an "outperform" rating and set a $43.00 target price (up from $39.00) on shares of Mosaic in a research report on Tuesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have issued a Hold rating to the company's stock. Based on data from MarketBeat, Mosaic currently has an average rating of "Moderate Buy" and an average target price of $35.15.

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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