CSM Advisors LLC Makes New Investment in The Mosaic Company $MOS

CSM Advisors LLC bought a new stake in shares of The Mosaic Company (NYSE:MOS) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 593,602 shares of the basic materials company’s stock, valued at approximately $21,656,000. CSM Advisors LLC owned approximately 0.19% of Mosaic at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in MOS. Greenleaf Trust lifted its stake in shares of Mosaic by 13.3% in the 1st quarter. Greenleaf Trust now owns 15,766 shares of the basic materials company’s stock valued at $426,000 after purchasing an additional 1,851 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in Mosaic by 31.0% in the first quarter. Nisa Investment Advisors LLC now owns 94,470 shares of the basic materials company’s stock worth $2,552,000 after buying an additional 22,346 shares during the last quarter. Allworth Financial LP boosted its stake in Mosaic by 102.3% during the first quarter. Allworth Financial LP now owns 1,062 shares of the basic materials company’s stock worth $31,000 after buying an additional 537 shares during the period. Cerity Partners LLC increased its position in Mosaic by 7.6% during the first quarter. Cerity Partners LLC now owns 41,068 shares of the basic materials company’s stock valued at $1,109,000 after acquiring an additional 2,889 shares during the last quarter. Finally, Ballentine Partners LLC increased its position in Mosaic by 31.2% during the first quarter. Ballentine Partners LLC now owns 11,363 shares of the basic materials company’s stock valued at $307,000 after acquiring an additional 2,705 shares during the last quarter. Institutional investors own 77.54% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Barclays lowered their target price on shares of Mosaic from $46.00 to $44.00 and set an “overweight” rating for the company in a report on Thursday, October 9th. Weiss Ratings restated a “hold (c)” rating on shares of Mosaic in a research report on Wednesday, October 8th. JPMorgan Chase & Co. upped their target price on Mosaic from $35.00 to $37.00 and gave the company an “overweight” rating in a research note on Monday, August 11th. Mizuho set a $34.00 price target on Mosaic in a report on Monday, October 20th. Finally, CIBC decreased their price target on Mosaic from $34.00 to $32.00 and set a “neutral” rating for the company in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, Mosaic presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.00.

Mosaic Stock Performance

Shares of NYSE:MOS opened at $25.60 on Friday. The firm’s 50 day simple moving average is $31.72 and its 200-day simple moving average is $33.50. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.44 and a current ratio of 1.14. The Mosaic Company has a one year low of $22.36 and a one year high of $38.23. The firm has a market cap of $8.12 billion, a PE ratio of 8.68, a price-to-earnings-growth ratio of 0.94 and a beta of 1.00.

Mosaic (NYSE:MOS) last announced its quarterly earnings data on Tuesday, November 4th. The basic materials company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.01. The company had revenue of $3.45 billion for the quarter, compared to analysts’ expectations of $3.87 billion. Mosaic had a return on equity of 4.74% and a net margin of 8.35%.Mosaic’s revenue was up 22.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.34 earnings per share. As a group, equities analysts predict that The Mosaic Company will post 2.04 EPS for the current year.

Mosaic Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Monday, September 8th were paid a dividend of $0.22 per share. The ex-dividend date was Monday, September 8th. This represents a $0.88 annualized dividend and a dividend yield of 3.4%. Mosaic’s dividend payout ratio (DPR) is currently 22.80%.

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.