Focus Partners Advisor Solutions LLC Takes Position in The Mosaic Company $MOS

Focus Partners Advisor Solutions LLC bought a new stake in The Mosaic Company (NYSE:MOS) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,625 shares of the basic materials company’s stock, valued at approximately $278,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Ancora Advisors LLC raised its stake in Mosaic by 0.9% in the 1st quarter. Ancora Advisors LLC now owns 40,256 shares of the basic materials company’s stock worth $1,087,000 after purchasing an additional 350 shares in the last quarter. NewEdge Advisors LLC raised its stake in Mosaic by 27.8% in the 1st quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock worth $47,000 after purchasing an additional 380 shares in the last quarter. Twin Capital Management Inc. raised its stake in Mosaic by 2.7% in the 1st quarter. Twin Capital Management Inc. now owns 14,590 shares of the basic materials company’s stock worth $394,000 after purchasing an additional 384 shares in the last quarter. UMB Bank n.a. raised its stake in Mosaic by 25.7% in the 2nd quarter. UMB Bank n.a. now owns 1,893 shares of the basic materials company’s stock worth $69,000 after purchasing an additional 387 shares in the last quarter. Finally, Abundance Wealth Counselors raised its position in shares of Mosaic by 1.8% in the 2nd quarter. Abundance Wealth Counselors now owns 22,777 shares of the basic materials company’s stock valued at $827,000 after buying an additional 413 shares in the last quarter. Institutional investors and hedge funds own 77.54% of the company’s stock.

Mosaic Price Performance

Shares of MOS opened at $27.45 on Friday. The Mosaic Company has a 12-month low of $22.36 and a 12-month high of $38.23. The stock has a market cap of $8.71 billion, a P/E ratio of 9.30, a P/E/G ratio of 0.94 and a beta of 1.00. The business’s fifty day moving average is $32.45 and its 200 day moving average is $33.49. The company has a quick ratio of 0.44, a current ratio of 1.14 and a debt-to-equity ratio of 0.26.

Mosaic (NYSE:MOS) last released its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share 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 during the quarter, compared to the consensus estimate of $3.11 billion. During the same period last year, the business posted $0.54 earnings per share. The firm’s quarterly revenue was up 6.7% on a year-over-year basis. Sell-side analysts anticipate that The Mosaic Company will post 2.04 earnings per share for the current fiscal year.

Mosaic Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages have recently commented on MOS. Bank of America dropped their target price on shares of Mosaic from $49.00 to $43.00 and set a “buy” rating for the company in a research report on Tuesday, October 14th. Mizuho set a $34.00 price target on shares of Mosaic in a research report on Monday, October 20th. Oppenheimer set a $40.00 price target on shares of Mosaic in a research report on Wednesday, October 22nd. Royal Bank Of Canada cut shares of Mosaic from an “outperform” rating to a “sector perform” rating and set a $30.00 price target for the company. in a research report on Friday, October 10th. Finally, JPMorgan Chase & Co. upped their price target on shares of Mosaic from $35.00 to $37.00 and gave the company an “overweight” rating in a research report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $35.23.

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.