Capital World Investors reduced its position in Mosaic Company (The) (NYSE:MOS) by 25.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,800,000 shares of the basic materials company’s stock after selling 3,400,000 shares during the quarter. Capital World Investors owned 2.79% of Mosaic Company (The) worth $223,734,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in Mosaic Company (The) by 2.2% in the 2nd quarter. Vanguard Group Inc. now owns 36,254,086 shares of the basic materials company’s stock worth $827,681,000 after purchasing an additional 793,205 shares during the period. BlackRock Inc. raised its position in Mosaic Company (The) by 2,930.1% in the 1st quarter. BlackRock Inc. now owns 24,977,023 shares of the basic materials company’s stock worth $728,828,000 after purchasing an additional 24,152,726 shares during the period. Shapiro Capital Management LLC raised its position in Mosaic Company (The) by 13.0% in the 2nd quarter. Shapiro Capital Management LLC now owns 6,251,974 shares of the basic materials company’s stock worth $142,733,000 after purchasing an additional 718,812 shares during the period. FMR LLC raised its position in Mosaic Company (The) by 6.3% in the 2nd quarter. FMR LLC now owns 5,428,123 shares of the basic materials company’s stock worth $123,923,000 after purchasing an additional 319,637 shares during the period. Finally, Morgan Stanley raised its position in Mosaic Company (The) by 5.4% in the 1st quarter. Morgan Stanley now owns 5,125,609 shares of the basic materials company’s stock worth $149,565,000 after purchasing an additional 262,749 shares during the period. 77.00% of the stock is currently owned by institutional investors.

A number of analysts recently weighed in on the stock. Stifel Nicolaus set a $24.00 price objective on shares of Mosaic Company (The) and gave the stock a “hold” rating in a research report on Wednesday, August 2nd. Royal Bank Of Canada reduced their price objective on shares of Mosaic Company (The) from $25.00 to $23.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 2nd. Morgan Stanley reduced their price objective on shares of Mosaic Company (The) from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Monday, August 7th. Zacks Investment Research lowered shares of Mosaic Company (The) from a “hold” rating to a “sell” rating in a research report on Monday, August 7th. Finally, BidaskClub lowered shares of Mosaic Company (The) from a “sell” rating to a “strong sell” rating in a research report on Friday, August 11th. Six investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company’s stock. Mosaic Company (The) currently has a consensus rating of “Hold” and a consensus target price of $24.50.

Mosaic Company (NYSE:MOS) opened at 21.745 on Thursday. Mosaic Company has a one year low of $19.23 and a one year high of $34.36. The company’s 50-day moving average is $20.50 and its 200 day moving average is $23.50. The stock has a market capitalization of $7.63 billion, a price-to-earnings ratio of 51.774 and a beta of 1.29.

Mosaic Company (The) (NYSE:MOS) last announced its earnings results on Tuesday, August 1st. The basic materials company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.04. Mosaic Company (The) had a net margin of 2.07% and a return on equity of 3.31%. The firm had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.75 billion. During the same period in the prior year, the firm earned $0.06 EPS. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. Equities analysts expect that Mosaic Company will post $0.76 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 21st. Investors of record on Thursday, September 7th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.76%. The ex-dividend date was Wednesday, September 6th. Mosaic Company (The)’s payout ratio is currently 142.86%.

TRADEMARK VIOLATION WARNING: This article was first reported by Watch List News and is the property of of Watch List News. If you are viewing this article on another site, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The correct version of this article can be viewed at https://www.watchlistnews.com/mosaic-company-the-mos-position-trimmed-by-capital-world-investors/1610290.html.

In other Mosaic Company (The) news, Director Robert L. Lumpkins bought 7,000 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The shares were purchased at an average cost of $19.94 per share, with a total value of $139,580.00. Following the purchase, the director now directly owns 9,339 shares in the company, valued at $186,219.66. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.38% of the stock is owned by corporate insiders.

Mosaic Company (The) Profile

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.

Institutional Ownership by Quarter for Mosaic Company (The) (NYSE:MOS)

Receive News & Ratings for Mosaic Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mosaic Company (The) and related companies with Analyst Ratings Network's FREE daily email newsletter.