The Mosaic Company $MOS Shares Bought by Aberdeen Group plc

Aberdeen Group plc grew its position in The Mosaic Company (NYSE:MOS) by 4.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,579 shares of the basic materials company’s stock after acquiring an additional 1,104 shares during the period. Aberdeen Group plc’s holdings in Mosaic were worth $970,000 at the end of the most recent quarter.

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

Mosaic Stock Performance

Shares of MOS stock opened at $29.29 on Friday. The Mosaic Company has a 12 month low of $22.36 and a 12 month high of $38.23. 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 firm has a market capitalization of $9.30 billion, a P/E ratio of 9.93, a P/E/G ratio of 0.93 and a beta of 1.00. The company’s fifty day moving average price is $33.09 and its two-hundred day moving average price is $33.12.

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

Mosaic Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Monday, September 8th were given a dividend of $0.22 per share. 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 is currently 29.83%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on MOS shares. Oppenheimer reaffirmed an “outperform” rating and set a $43.00 price objective (up previously from $39.00) on shares of Mosaic in a research note on Tuesday, July 15th. Weiss Ratings restated a “hold (c)” rating on shares of Mosaic in a research report on Wednesday, October 8th. 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 report on Friday, October 10th. Scotiabank downgraded shares of Mosaic from a “sector outperform” rating to a “sector perform” rating and dropped their price objective for the company from $39.00 to $34.00 in a research note on Friday, October 10th. Finally, Wells Fargo & Company decreased their price target on shares of Mosaic from $34.00 to $32.00 and set an “equal weight” rating on the stock in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, Mosaic has an average rating of “Moderate Buy” and a consensus target price of $35.00.

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.