Green Square Capital LLC Increases Position in Mosaic Co. (MOS)
Green Square Capital LLC increased its position in Mosaic Co. (NYSE:MOS) by 11.6% during the second quarter, Holdings Channel reports. The firm owned 138,698 shares of the company’s stock after buying an additional 14,432 shares during the period. Green Square Capital LLC’s holdings in Mosaic were worth $3,631,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Seven Eight Capital LLC raised its position in Mosaic by 27.2% in the first quarter. Seven Eight Capital LLC now owns 4,209 shares of the company’s stock valued at $114,000 after buying an additional 900 shares in the last quarter. Creative Planning raised its position in Mosaic by 45.6% in the second quarter. Creative Planning now owns 7,416 shares of the company’s stock valued at $194,000 after buying an additional 2,323 shares in the last quarter. Independent Portfolio Consultants Inc. raised its position in Mosaic by 9.6% in the second quarter. Independent Portfolio Consultants Inc. now owns 7,660 shares of the company’s stock valued at $201,000 after buying an additional 670 shares in the last quarter. Cape Cod Five Cents Savings Bank raised its position in Mosaic by 3.1% in the second quarter. Cape Cod Five Cents Savings Bank now owns 8,245 shares of the company’s stock valued at $216,000 after buying an additional 245 shares in the last quarter. Finally, Cleararc Capital Inc. raised its position in Mosaic by 4.9% in the first quarter. Cleararc Capital Inc. now owns 8,586 shares of the company’s stock valued at $232,000 after buying an additional 403 shares in the last quarter. 88.91% of the stock is owned by institutional investors and hedge funds.
Shares of Mosaic Co. (NYSE:MOS) traded up 0.92% during midday trading on Wednesday, hitting $25.32. The company had a trading volume of 4,077,447 shares. Mosaic Co. has a 12-month low of $22.02 and a 12-month high of $36.95. The company has a market capitalization of $8.87 billion, a price-to-earnings ratio of 15.95 and a beta of 1.59. The company’s 50-day moving average price is $27.70 and its 200 day moving average price is $27.27.
Mosaic (NYSE:MOS) last announced its quarterly earnings results on Tuesday, August 2nd. The company reported $0.06 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by $0.06. Mosaic had a net margin of 7.37% and a return on equity of 4.87%. The business earned $1.70 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the previous year, the business posted $1.05 EPS. Mosaic’s revenue was down 32.7% compared to the same quarter last year. Equities research analysts predict that Mosaic Co. will post $0.51 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 22nd. Investors of record on Tuesday, September 6th will be given a $0.275 dividend. The ex-dividend date of this dividend is Tuesday, September 6th. This represents a $1.10 annualized dividend and a yield of 4.34%. Mosaic’s payout ratio is 69.18%.
MOS has been the topic of several recent analyst reports. Vertical Research lowered Mosaic from a “hold” rating to a “sell” rating in a report on Wednesday, August 31st. They noted that the move was a valuation call. Credit Suisse Group AG reiterated a “sell” rating and set a $21.00 target price on shares of Mosaic in a report on Wednesday, August 31st. Citigroup Inc. reduced their target price on Mosaic from $27.00 to $26.00 and set a “neutral” rating on the stock in a report on Thursday, July 7th. Morgan Stanley reiterated a “hold” rating on shares of Mosaic in a report on Thursday, June 16th. Finally, Susquehanna lowered Mosaic from a “positive” rating to a “neutral” rating and reduced their target price for the stock from $30.00 to $28.00 in a report on Wednesday, August 17th. Ten analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the company. Mosaic presently has an average rating of “Hold” and an average target price of €29.08 ($32.31).
Mosaic Company Profile
The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company’s segments include Phosphates, Potash and International Distribution. Its Phosphates Segment sells phosphate-based crop nutrients and animal feed ingredients throughout North America and internationally.
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