State Street Corp Has $550.32 Million Stock Position in The Mosaic Company (NYSE:MOS)

State Street Corp increased its holdings in The Mosaic Company (NYSE:MOS) by 1.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,246,041 shares of the basic materials company’s stock after acquiring an additional 308,449 shares during the period. State Street Corp’s holdings in The Mosaic were worth $550,321,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Mutual of America Capital Management LLC grew its position in The Mosaic by 3.4% in the 1st quarter. Mutual of America Capital Management LLC now owns 44,538 shares of the basic materials company’s stock worth $1,408,000 after purchasing an additional 1,469 shares in the last quarter. QS Investors LLC bought a new stake in The Mosaic in the 1st quarter worth about $270,000. Franklin Resources Inc. bought a new stake in The Mosaic in the 1st quarter worth about $3,869,000. O Shaughnessy Asset Management LLC grew its position in The Mosaic by 441.6% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,603 shares of the basic materials company’s stock worth $51,000 after purchasing an additional 1,307 shares in the last quarter. Finally, Stifel Financial Corp grew its position in shares of The Mosaic by 14.8% during the 1st quarter. Stifel Financial Corp now owns 225,451 shares of the basic materials company’s stock valued at $7,127,000 after acquiring an additional 29,000 shares during the period. Institutional investors own 73.43% of the company’s stock.

NYSE MOS opened at $41.16 on Thursday. The Mosaic Company has a 1 year low of $16.01 and a 1 year high of $43.24. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.21 and a quick ratio of 0.68. The stock has a market capitalization of $15.64 billion, a PE ratio of 11.12, a P/E/G ratio of 0.93 and a beta of 1.87. The company’s 50 day simple moving average is $34.62 and its two-hundred day simple moving average is $33.57.

The Mosaic (NYSE:MOS) last posted its quarterly earnings data on Sunday, August 1st. The basic materials company reported $1.17 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.99 by $0.18. The firm had revenue of $2.80 billion for the quarter, compared to analysts’ expectations of $2.83 billion. The Mosaic had a net margin of 14.25% and a return on equity of 10.02%. The business’s quarterly revenue was up 37.0% on a year-over-year basis. During the same quarter last year, the company posted $0.11 EPS. On average, research analysts anticipate that The Mosaic Company will post 4.87 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 16th. Stockholders of record on Thursday, December 2nd will be given a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 0.73%. The ex-dividend date is Wednesday, December 1st. The Mosaic’s dividend payout ratio (DPR) is currently 35.29%.

MOS has been the subject of a number of research reports. Royal Bank of Canada increased their target price on shares of The Mosaic from $50.00 to $55.00 and gave the company an “outperform” rating in a research report on Thursday, October 7th. Mizuho initiated coverage on shares of The Mosaic in a research report on Tuesday, October 12th. They set a “buy” rating and a $55.00 target price for the company. Bank of America increased their target price on shares of The Mosaic from $50.00 to $52.00 and gave the company a “buy” rating in a research report on Tuesday, September 14th. Zacks Investment Research downgraded shares of The Mosaic from a “buy” rating to a “hold” rating and set a $45.00 target price for the company. in a research report on Friday, October 22nd. Finally, HSBC raised shares of The Mosaic from a “hold” rating to a “buy” rating and increased their target price for the company from $37.00 to $39.00 in a research report on Friday, August 20th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat.com, The Mosaic presently has a consensus rating of “Buy” and a consensus price target of $39.50.

The Mosaic Company Profile

The Mosaic Co engages in the production and marketing of concentrated phosphate and potash crop nutrients. The company operates its businesses through it’s wholly and majority owned subsidiaries. It operates through the following segments: Phosphates, Potash, and Mosaic Fertilizantes. The Phosphates segment owns and operates mines and production facilities in North America which produces concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and concentrated crop nutrients.

Featured Story: Dead Cat Bounce

Want to see what other hedge funds are holding MOS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Mosaic Company (NYSE:MOS).

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

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