Yeomans Consulting Group Inc. Acquires New Position in The Mosaic Company $MOS

Yeomans Consulting Group Inc. acquired a new stake in The Mosaic Company (NYSE:MOS) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 7,902 shares of the basic materials company’s stock, valued at approximately $291,000.

Other institutional investors also recently modified their holdings of the company. NBC Securities Inc. purchased a new position in shares of Mosaic during the 1st quarter valued at $26,000. Bangor Savings Bank acquired a new stake in Mosaic during the second quarter valued at $26,000. Geneos Wealth Management Inc. grew its stake in Mosaic by 169.3% in the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 601 shares in the last quarter. Compagnie Lombard Odier SCmA acquired a new position in Mosaic in the 1st quarter worth about $27,000. Finally, Allworth Financial LP increased its position in Mosaic by 102.3% in the 1st quarter. Allworth Financial LP now owns 1,062 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 537 shares during the last quarter. Institutional investors and hedge funds own 77.54% of the company’s stock.

Mosaic Stock Performance

Shares of MOS opened at $34.75 on Friday. The company has a market capitalization of $11.03 billion, a PE ratio of 11.78, a price-to-earnings-growth ratio of 1.57 and a beta of 1.00. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.44. The Mosaic Company has a one year low of $22.36 and a one year high of $38.23. The company’s fifty day moving average price is $33.70 and its 200 day moving average price is $32.77.

Mosaic (NYSE:MOS) last released its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.20). The firm had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3.11 billion. Mosaic had a net margin of 8.35% and a return on equity of 4.74%. The firm’s revenue was up 6.7% on a year-over-year basis. During the same quarter last year, the company earned $0.54 earnings per share. As a group, analysts expect that The Mosaic Company will post 2.04 earnings per share for the current year.

Mosaic Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Monday, September 8th were given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Monday, September 8th. Mosaic’s payout ratio is currently 29.83%.

Analysts Set New Price Targets

MOS has been the subject of several research reports. Barclays lifted their price target on Mosaic from $40.00 to $46.00 and gave the company an “overweight” rating in a report on Monday, July 7th. JPMorgan Chase & Co. lifted their target price on shares of Mosaic from $35.00 to $37.00 and gave the company an “overweight” rating in a research note on Monday, August 11th. Royal Bank Of Canada restated an “outperform” rating on shares of Mosaic in a research note on Monday, July 14th. Scotiabank reduced their price objective on shares of Mosaic from $42.00 to $39.00 and set a “sector outperform” rating for the company in a research note on Monday, August 11th. Finally, Zacks Research upgraded Mosaic from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 14th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Mosaic has an average rating of “Moderate Buy” and an average price target of $36.42.

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.