Sumitomo Mitsui Trust Holdings Inc. lowered its stake in Mosaic Company (The) (NYSE:MOS) by 4.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 941,754 shares of the basic materials company’s stock after selling 46,875 shares during the period. Sumitomo Mitsui Trust Holdings Inc. owned about 0.27% of Mosaic Company (The) worth $21,500,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. GAM Holding AG boosted its stake in shares of Mosaic Company (The) by 103.5% in the second quarter. GAM Holding AG now owns 399,096 shares of the basic materials company’s stock valued at $9,094,000 after buying an additional 202,947 shares in the last quarter. Virginia Retirement Systems ET AL purchased a new stake in shares of Mosaic Company (The) during the second quarter valued at $310,000. iAB Financial Bank boosted its stake in shares of Mosaic Company (The) by 36.8% in the second quarter. iAB Financial Bank now owns 15,160 shares of the basic materials company’s stock valued at $346,000 after buying an additional 4,075 shares in the last quarter. Knowledge Leaders Capital LLC boosted its stake in shares of Mosaic Company (The) by 1.0% in the second quarter. Knowledge Leaders Capital LLC now owns 178,372 shares of the basic materials company’s stock valued at $4,072,000 after buying an additional 1,742 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System boosted its stake in shares of Mosaic Company (The) by 0.8% in the second quarter. State Board of Administration of Florida Retirement System now owns 517,307 shares of the basic materials company’s stock valued at $11,810,000 after buying an additional 4,055 shares in the last quarter. 76.80% of the stock is owned by hedge funds and other institutional investors.

Shares of Mosaic Company (NYSE MOS) opened at 19.98 on Friday. The company has a market cap of $7.01 billion, a PE ratio of 47.57 and a beta of 1.24. Mosaic Company has a 1-year low of $19.59 and a 1-year high of $34.36. The firm has a 50-day moving average price of $21.95 and a 200 day moving average price of $25.23. Mosaic Company (The) also was the recipient of some unusual options trading on Tuesday. Investors bought 574 call options on the company. This is an increase of approximately 160% compared to the average daily volume of 221 call options.

Mosaic Company (The) (NYSE:MOS) last announced its quarterly earnings data 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 firm had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.75 billion. During the same quarter last year, the firm posted $0.06 earnings per share. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. On average, equities analysts anticipate that Mosaic Company will post $1.07 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 21st. Shareholders of record on Thursday, September 7th will be paid a $0.15 dividend. The ex-dividend date is Wednesday, September 6th. This represents a $0.60 dividend on an annualized basis and a yield of 3.00%. Mosaic Company (The)’s dividend payout ratio (DPR) is presently 142.86%.

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Several brokerages have weighed in on MOS. Vertical Research raised Mosaic Company (The) from a “sell” rating to a “hold” rating in a report on Thursday, August 17th. BidaskClub cut Mosaic Company (The) from a “sell” rating to a “strong sell” rating in a report on Friday, August 11th. Stifel Nicolaus reissued a “hold” rating and set a $24.00 price objective (down from $27.00) on shares of Mosaic Company (The) in a report on Tuesday, August 8th. Royal Bank Of Canada reissued a “sector perform” rating and set a $23.00 price objective (down from $25.00) on shares of Mosaic Company (The) in a report on Tuesday, August 8th. Finally, Morgan Stanley dropped their price objective on Mosaic Company (The) from $27.00 to $25.00 and set an “equal weight” rating for the company in a report on Monday, August 7th. Six investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $25.15.

In other news, Director Robert L. Lumpkins acquired 7,000 shares of Mosaic Company (The) stock in a transaction on Monday, August 21st. The stock was purchased at an average price of $19.94 per share, with a total value of $139,580.00. Following the completion of the purchase, the director now owns 9,339 shares of the company’s stock, valued at approximately $186,219.66. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.38% of the company’s stock.

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.

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

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