Alliancebernstein L.P. lowered its holdings in Mosaic Company (The) (NYSE:MOS) by 0.4% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 738,131 shares of the basic materials company’s stock after selling 3,020 shares during the quarter. Alliancebernstein L.P. owned about 0.21% of Mosaic Company (The) worth $16,852,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in MOS. BlackRock Inc. increased its holdings in shares of 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 valued at $728,828,000 after acquiring an additional 24,152,726 shares during the last quarter. FMR LLC increased its holdings in shares of Mosaic Company (The) by 171.9% in the 1st quarter. FMR LLC now owns 5,108,486 shares of the basic materials company’s stock valued at $149,066,000 after acquiring an additional 3,229,860 shares during the last quarter. NN Investment Partners Holdings N.V. increased its holdings in shares of Mosaic Company (The) by 146.0% in the 2nd quarter. NN Investment Partners Holdings N.V. now owns 2,547,323 shares of the basic materials company’s stock valued at $58,156,000 after acquiring an additional 1,511,638 shares during the last quarter. MARSHALL WACE ASIA Ltd purchased a new position in shares of Mosaic Company (The) in the 1st quarter valued at about $36,300,000. Finally, Vanguard Group Inc. increased its holdings in shares of Mosaic Company (The) by 3.6% in the 1st quarter. Vanguard Group Inc. now owns 35,460,881 shares of the basic materials company’s stock valued at $1,034,747,000 after acquiring an additional 1,233,929 shares during the last quarter. Institutional investors and hedge funds own 77.00% of the company’s stock.

In related news, Director Robert L. Lumpkins bought 7,000 shares of the firm’s stock in a transaction on Monday, August 21st. The stock was bought at an average cost of $19.94 per share, for a total transaction of $139,580.00. Following the completion of the purchase, the director now directly owns 9,339 shares in the company, valued at approximately $186,219.66. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.38% of the company’s stock.

Shares of Mosaic Company (NYSE:MOS) opened at 20.86 on Friday. The firm’s 50-day moving average price is $20.54 and its 200-day moving average price is $24.07. Mosaic Company has a 52-week low of $19.23 and a 52-week high of $34.36. The firm has a market capitalization of $7.32 billion, a PE ratio of 49.67 and a beta of 1.27.

Mosaic Company (The) (NYSE:MOS) last issued its earnings results on Tuesday, August 1st. The basic materials company reported $0.29 EPS for the quarter, beating the Zacks’ consensus estimate of $0.25 by $0.04. Mosaic Company (The) had a return on equity of 3.31% and a net margin of 2.07%. The company had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.75 billion. During the same period in the previous year, the firm posted $0.06 earnings per share. Mosaic Company (The)’s quarterly revenue was up 4.7% compared to the same quarter last year. On average, equities analysts predict that Mosaic Company will post $0.76 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, September 21st. Shareholders of record on Thursday, September 7th were paid a $0.15 dividend. The ex-dividend date was Wednesday, September 6th. This represents a $0.60 dividend on an annualized basis and a yield of 2.88%. Mosaic Company (The)’s payout ratio is currently 142.86%.

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A number of research firms have recently commented on MOS. BMO Capital Markets reiterated a “hold” rating and issued a $25.00 price objective on shares of Mosaic Company (The) in a report on Friday, September 8th. Vertical Research raised Mosaic Company (The) from a “sell” rating to a “hold” rating in a research report on Thursday, August 17th. BidaskClub cut Mosaic Company (The) from a “sell” rating to a “strong sell” rating in a research report on Friday, August 11th. Stifel Nicolaus reissued a “hold” rating and issued a $24.00 target price (down from $27.00) on shares of Mosaic Company (The) in a research report on Tuesday, August 8th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $23.00 target price (down from $25.00) on shares of Mosaic Company (The) in a research report on Tuesday, August 8th. Six research analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. Mosaic Company (The) currently has a consensus rating of “Hold” and a consensus target price of $25.15.

About Mosaic Company (The)

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.

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

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