180 Wealth Advisors LLC Has $620,000 Holdings in The Mosaic Company $MOS

180 Wealth Advisors LLC lessened its stake in The Mosaic Company (NYSE:MOS) by 6.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,004 shares of the basic materials company’s stock after selling 1,262 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Mosaic were worth $620,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in 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 worth $451,000 after acquiring an additional 5,241 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings 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 buying an additional 7,828 shares during the period. State of Alaska Department of Revenue increased its holdings in 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 buying an additional 995 shares during the period. Cambridge Investment Research Advisors Inc. increased its holdings in Mosaic by 36.1% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 56,284 shares of the basic materials company’s stock valued at $1,520,000 after buying an additional 14,943 shares during the period. Finally, Oppenheimer & Co. Inc. bought a new position in Mosaic in the 1st quarter valued at about $1,119,000. Institutional investors and hedge funds own 77.54% of the company’s stock.

Mosaic Stock Up 1.2%

NYSE:MOS opened at $30.00 on Friday. 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’s 50-day moving average price is $32.84 and its 200-day moving average price is $33.30. The company has a market capitalization of $9.52 billion, a PE ratio of 10.17, a P/E/G ratio of 0.97 and a beta of 1.00. The Mosaic Company has a 1-year low of $22.36 and a 1-year high of $38.23.

Mosaic (NYSE:MOS) last posted its earnings results 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). Mosaic had a net margin of 8.35% and a return on equity of 4.74%. The company had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3.11 billion. During the same quarter in the prior year, the company posted $0.54 EPS. Mosaic’s revenue was up 6.7% on a year-over-year basis. On average, equities analysts predict that The Mosaic Company will post 2.04 EPS for the current fiscal 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 $0.22 dividend. The ex-dividend date of this dividend was Monday, September 8th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.9%. Mosaic’s dividend payout ratio (DPR) is 29.83%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on MOS shares. Scotiabank lowered shares of Mosaic from a “sector outperform” rating to a “sector perform” rating and decreased their target price for the company from $39.00 to $34.00 in a report on Friday, October 10th. JPMorgan Chase & Co. boosted their target price on shares of Mosaic from $35.00 to $37.00 and gave the stock an “overweight” rating in a report on Monday, August 11th. UBS Group dropped their price target on shares of Mosaic from $44.00 to $40.00 and set a “buy” rating on the stock in a research report on Monday, October 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Mosaic in a report on Wednesday, October 8th. Finally, Wall Street Zen lowered shares of Mosaic from a “buy” rating to a “hold” rating in a research note on Saturday, September 13th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $35.23.

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.