Yousif Capital Management LLC Sells 1,470 Shares of The Mosaic Company $MOS

Yousif Capital Management LLC lowered its stake in shares of The Mosaic Company (NYSE:MOS) by 2.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 51,702 shares of the basic materials company’s stock after selling 1,470 shares during the quarter. Yousif Capital Management LLC’s holdings in Mosaic were worth $1,886,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of MOS. Boston Partners increased its position in shares of Mosaic by 42.2% during the 1st quarter. Boston Partners now owns 7,979,380 shares of the basic materials company’s stock valued at $215,540,000 after purchasing an additional 2,368,094 shares during the last quarter. Fuller & Thaler Asset Management Inc. bought a new position in shares of Mosaic during the 1st quarter valued at approximately $54,953,000. Truist Financial Corp increased its position in shares of Mosaic by 13,275.9% during the 2nd quarter. Truist Financial Corp now owns 2,022,840 shares of the basic materials company’s stock valued at $73,793,000 after purchasing an additional 2,007,717 shares during the last quarter. GMT Capital Corp bought a new position in Mosaic in the 1st quarter valued at $47,211,000. Finally, Nuveen LLC bought a new position in Mosaic in the 1st quarter valued at $33,897,000. Institutional investors own 77.54% of the company’s stock.

Mosaic Price Performance

Shares of MOS stock opened at $29.29 on Friday. The Mosaic Company has a twelve month low of $22.36 and a twelve month high of $38.23. The stock has a market capitalization of $9.30 billion, a price-to-earnings ratio of 9.93, a P/E/G ratio of 0.93 and a beta of 1.00. The stock has a fifty day simple moving average of $33.09 and a two-hundred day simple moving average of $33.17. The company has a current ratio of 1.14, a quick ratio of 0.44 and a debt-to-equity ratio of 0.26.

Mosaic (NYSE:MOS) last issued its earnings results on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.71 by ($0.20). The firm had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $3.11 billion. Mosaic had a return on equity of 4.74% and a net margin of 8.35%.Mosaic’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.54 earnings per share. On average, analysts predict that The Mosaic Company will post 2.04 EPS for the current fiscal year.

Mosaic Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Monday, September 8th were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Monday, September 8th. Mosaic’s dividend payout ratio is 29.83%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Bank of America cut their price objective on Mosaic from $49.00 to $43.00 and set a “buy” rating on the stock in a research report on Tuesday, October 14th. Zacks Research downgraded Mosaic from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mosaic in a research report on Wednesday, October 8th. Wall Street Zen downgraded Mosaic from a “buy” rating to a “hold” rating in a research report on Saturday, September 13th. Finally, Wells Fargo & Company cut their price objective on Mosaic from $34.00 to $32.00 and set an “equal weight” rating on the stock in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Mosaic has a consensus rating of “Moderate Buy” and an average target price of $35.00.

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.