Aperio Group LLC Sells 4,897 Shares of The Mosaic Company (NYSE:MOS)

Aperio Group LLC trimmed its holdings in The Mosaic Company (NYSE:MOS) by 1.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 303,394 shares of the basic materials company’s stock after selling 4,897 shares during the quarter. Aperio Group LLC’s holdings in The Mosaic were worth $5,543,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of MOS. Morgan Stanley raised its stake in shares of The Mosaic by 18.9% in the first quarter. Morgan Stanley now owns 1,198,627 shares of the basic materials company’s stock valued at $12,968,000 after purchasing an additional 190,267 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of The Mosaic by 7.0% in the second quarter. Envestnet Asset Management Inc. now owns 61,390 shares of the basic materials company’s stock valued at $768,000 after purchasing an additional 4,015 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of The Mosaic by 170.2% in the second quarter. Parallel Advisors LLC now owns 3,688 shares of the basic materials company’s stock valued at $46,000 after purchasing an additional 2,323 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of The Mosaic by 14.4% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 32,377 shares of the basic materials company’s stock valued at $405,000 after purchasing an additional 4,071 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of The Mosaic in the second quarter valued at $293,000. Institutional investors and hedge funds own 71.57% of the company’s stock.

The Mosaic stock opened at $19.61 on Friday. The business’s 50-day simple moving average is $18.52 and its 200 day simple moving average is $15.68. The stock has a market cap of $7.43 billion, a price-to-earnings ratio of -6.83, a P/E/G ratio of 6.38 and a beta of 1.83. The Mosaic Company has a 12-month low of $6.50 and a 12-month high of $22.19. The company has a quick ratio of 0.68, a current ratio of 1.31 and a debt-to-equity ratio of 0.52.

The Mosaic (NYSE:MOS) last posted its quarterly earnings results on Saturday, November 7th. The basic materials company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.06. The firm had revenue of $2.38 billion during the quarter, compared to the consensus estimate of $2.37 billion. The Mosaic’s revenue was down 13.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.08 EPS. As a group, sell-side analysts expect that The Mosaic Company will post 0.39 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Investors of record on Thursday, December 3rd will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.02%. The ex-dividend date is Wednesday, December 2nd. The Mosaic’s dividend payout ratio is 105.26%.

Several research analysts have issued reports on the company. The Goldman Sachs Group increased their price objective on The Mosaic from $14.00 to $17.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. Credit Suisse Group increased their price objective on The Mosaic from $20.00 to $24.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 4th. Smith Barney Citigroup lowered The Mosaic from a “buy” rating to a “neutral” rating in a research note on Wednesday, October 21st. Morgan Stanley increased their price objective on The Mosaic from $15.00 to $19.00 and gave the stock an “equal weight” rating in a research note on Monday, August 24th. Finally, BMO Capital Markets increased their price objective on The Mosaic from $19.00 to $20.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 4th. Fourteen analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The Mosaic has an average rating of “Hold” and a consensus target price of $17.92.

About The Mosaic

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.

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

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