Murphy Pohlad Asset Management LLC Has $1.21 Million Stake in The Mosaic Company $MOS

Murphy Pohlad Asset Management LLC raised its stake in shares of The Mosaic Company (NYSE:MOS) by 1.8% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 33,275 shares of the basic materials company’s stock after purchasing an additional 600 shares during the period. Murphy Pohlad Asset Management LLC’s holdings in Mosaic were worth $1,214,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. AMG National Trust Bank acquired a new position in Mosaic during the 2nd quarter valued at about $201,000. Strs Ohio purchased a new position in shares of Mosaic in the 2nd quarter worth approximately $2,369,000. Live Oak Private Wealth LLC boosted its stake in shares of Mosaic by 119.1% in the 2nd quarter. Live Oak Private Wealth LLC now owns 217,670 shares of the basic materials company’s stock worth $7,941,000 after buying an additional 118,337 shares during the last quarter. Keybank National Association OH boosted its stake in shares of Mosaic by 164.5% in the 2nd quarter. Keybank National Association OH now owns 44,496 shares of the basic materials company’s stock worth $1,623,000 after buying an additional 27,672 shares during the last quarter. Finally, Whalen Wealth Management Inc. purchased a new position in shares of Mosaic in the 2nd quarter worth approximately $1,075,000. Institutional investors and hedge funds own 77.54% of the company’s stock.

Analyst Ratings Changes

MOS has been the topic of a number of research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Mosaic in a research note on Wednesday, October 8th. UBS Group cut their target price on Mosaic from $44.00 to $40.00 and set a “buy” rating on the stock in a research note on Monday, October 13th. Oppenheimer set a $40.00 target price on Mosaic in a research note on Wednesday, October 22nd. Royal Bank Of Canada downgraded Mosaic from an “outperform” rating to a “sector perform” rating and set a $30.00 target price on the stock. in a research note on Friday, October 10th. Finally, Mizuho set a $34.00 price target on shares of Mosaic in a report on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Mosaic currently has an average rating of “Moderate Buy” and an average target price of $35.23.

Mosaic Trading Down 3.4%

Shares of MOS stock opened at $27.67 on Friday. The company’s fifty day simple moving average is $32.55 and its two-hundred day simple moving average is $33.48. 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 1 year low of $22.36 and a 1 year high of $38.23. The stock has a market capitalization of $8.78 billion, a price-to-earnings ratio of 9.38, a PEG ratio of 0.94 and a beta of 1.00.

Mosaic (NYSE:MOS) last issued its 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). Mosaic had a net margin of 8.35% and a return on equity of 4.74%. The business had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3.11 billion. During the same period in the previous year, the firm earned $0.54 EPS. The company’s revenue was up 6.7% compared to the same quarter last year. As a group, analysts anticipate that The Mosaic Company will post 2.04 earnings per share for the current year.

Mosaic Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Monday, September 8th were issued a dividend of $0.22 per share. The ex-dividend date of this dividend was Monday, September 8th. This represents a $0.88 dividend on an annualized basis and a yield of 3.2%. Mosaic’s payout ratio is presently 29.83%.

Mosaic Company 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.