Mosaic Co (NYSE:MOS) Director Nancy E. Cooper sold 1,100 shares of the business’s stock in a transaction on Tuesday, May 16th. The shares were sold at an average price of $23.39, for a total value of $25,729.00. Following the completion of the sale, the director now owns 8,260 shares in the company, valued at $193,201.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Mosaic Co (MOS) opened at 22.60 on Tuesday. Mosaic Co has a 12-month low of $22.28 and a 12-month high of $34.36. The stock has a 50 day moving average price of $24.46 and a 200-day moving average price of $28.66. The stock has a market capitalization of $7.93 billion, a PE ratio of 196.52 and a beta of 1.29.
Mosaic (NYSE:MOS) last released its quarterly earnings results on Tuesday, May 2nd. The basic materials company reported $0.04 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by $0.15. The company had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.68 billion. Mosaic had a return on equity of 2.81% and a net margin of 4.16%. The company’s revenue was down 5.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.14 EPS. On average, equities analysts anticipate that Mosaic Co will post $1.07 earnings per share for the current fiscal year. The business also recently declared a quarterly dividend, which will be paid on Thursday, June 15th. Investors of record on Thursday, June 1st will be given a $0.15 dividend. The ex-dividend date is Tuesday, May 30th. This represents a $0.60 annualized dividend and a yield of 2.65%. Mosaic’s dividend payout ratio is currently 130.95%.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. FMR LLC raised its position in Mosaic by 73.3% in the fourth quarter. FMR LLC now owns 1,878,626 shares of the basic materials company’s stock valued at $55,101,000 after buying an additional 794,368 shares in the last quarter. Teachers Advisors LLC raised its position in shares of Mosaic by 6.5% in the fourth quarter. Teachers Advisors LLC now owns 494,581 shares of the basic materials company’s stock valued at $14,506,000 after buying an additional 30,286 shares during the period. Davidson Investment Advisors raised its position in shares of Mosaic by 58.7% in the third quarter. Davidson Investment Advisors now owns 174,144 shares of the basic materials company’s stock valued at $4,257,000 after buying an additional 64,414 shares during the period. Auxier Asset Management raised its position in shares of Mosaic by 8.6% in the fourth quarter. Auxier Asset Management now owns 84,431 shares of the basic materials company’s stock valued at $2,476,000 after buying an additional 6,701 shares during the period. Finally, Federated Investors Inc. PA raised its position in shares of Mosaic by 2,361.3% in the fourth quarter. Federated Investors Inc. PA now owns 9,279 shares of the basic materials company’s stock valued at $272,000 after buying an additional 8,902 shares during the period. Institutional investors own 88.87% of the company’s stock. MOS has been the topic of several research reports. Zacks Investment Research upgraded Mosaic from a “hold” rating to a “buy” rating and set a $33.00 target price on the stock in a research note on Tuesday, March 21st. BMO Capital Markets reiterated a “hold” rating and set a $26.00 price objective on shares of Mosaic in a research note on Wednesday, April 5th. Atlantic Securities upgraded Mosaic from an “underweight” rating to a “neutral” rating and set a $26.00 price objective on the stock in a research note on Tuesday, May 9th. Citigroup Inc decreased their price objective on Mosaic from $34.00 to $31.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 11th. Finally, Royal Bank of Canada decreased their price objective on Mosaic from $31.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Tuesday, April 18th. Six equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has given a buy rating to the company’s stock. Mosaic presently has a consensus rating of “Hold” and a consensus target price of $25.88.
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