Stephens Inc. AR Makes New Investment in The Mosaic Company $MOS

Stephens Inc. AR bought a new position in The Mosaic Company (NYSE:MOS) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 21,890 shares of the basic materials company’s stock, valued at approximately $799,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in MOS. Bangor Savings Bank bought a new stake in shares of Mosaic in the 2nd quarter worth approximately $26,000. Geneos Wealth Management Inc. raised its holdings in shares of Mosaic by 169.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 601 shares in the last quarter. Allworth Financial LP raised its holdings in shares of Mosaic by 102.3% in the 1st quarter. Allworth Financial LP now owns 1,062 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 537 shares in the last quarter. Reyes Financial Architecture Inc. bought a new stake in shares of Mosaic in the 2nd quarter worth approximately $31,000. Finally, Grove Bank & Trust raised its holdings in shares of Mosaic by 88.8% in the 2nd quarter. Grove Bank & Trust now owns 1,008 shares of the basic materials company’s stock worth $37,000 after purchasing an additional 474 shares in the last quarter. 77.54% of the stock is currently owned by institutional investors.

Mosaic Price Performance

NYSE MOS opened at $30.00 on Friday. The company has a market cap of $9.52 billion, a P/E 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. The company has a fifty day simple moving average of $32.84 and a 200 day simple moving average of $33.30. The company has a current ratio of 1.14, a quick ratio of 0.44 and a debt-to-equity ratio of 0.26.

Mosaic (NYSE:MOS) last released its earnings results on Tuesday, August 5th. The basic materials company reported $0.51 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 analyst estimates of $3.11 billion. During the same quarter in the previous year, the company earned $0.54 earnings per share. Mosaic’s revenue for the quarter was up 6.7% compared to the same quarter last year. On average, sell-side analysts predict that The Mosaic Company will post 2.04 EPS for the current year.

Mosaic Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Monday, September 8th were paid 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 2.9%. Mosaic’s dividend payout ratio is currently 29.83%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on MOS. Wall Street Zen downgraded shares of Mosaic from a “buy” rating to a “hold” rating in a report on Saturday, September 13th. Zacks Research lowered shares of Mosaic from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 9th. UBS Group decreased their target price on shares of Mosaic from $44.00 to $40.00 and set a “buy” rating for the company in a research report on Monday, October 13th. Barclays decreased their target price on shares of Mosaic from $46.00 to $44.00 and set an “overweight” rating for the company in a research report on Thursday, October 9th. Finally, 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 research report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Mosaic has a consensus rating of “Moderate Buy” and a consensus price target 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.