5,750 Shares in The Mosaic Company $MOS Acquired by John G Ullman & Associates Inc.

John G Ullman & Associates Inc. purchased a new position in shares of The Mosaic Company (NYSE:MOS) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 5,750 shares of the basic materials company’s stock, valued at approximately $210,000.

Several other hedge funds also recently made changes to their positions in the business. Ancora Advisors LLC grew its stake in shares of Mosaic by 0.9% during the 1st quarter. Ancora Advisors LLC now owns 40,256 shares of the basic materials company’s stock worth $1,087,000 after acquiring an additional 350 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of Mosaic by 27.8% during the 1st quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock worth $47,000 after acquiring an additional 380 shares in the last quarter. Twin Capital Management Inc. grew its stake in shares of Mosaic by 2.7% during the 1st quarter. Twin Capital Management Inc. now owns 14,590 shares of the basic materials company’s stock worth $394,000 after acquiring an additional 384 shares in the last quarter. UMB Bank n.a. grew its stake in shares of Mosaic by 25.7% during the 2nd quarter. UMB Bank n.a. now owns 1,893 shares of the basic materials company’s stock worth $69,000 after acquiring an additional 387 shares in the last quarter. Finally, Abundance Wealth Counselors grew its stake in shares of Mosaic by 1.8% during the 2nd quarter. Abundance Wealth Counselors now owns 22,777 shares of the basic materials company’s stock worth $827,000 after acquiring an additional 413 shares in the last quarter. 77.54% of the stock is owned by institutional investors.

Analysts Set New Price Targets

MOS has been the subject of several research reports. Wall Street Zen cut shares of Mosaic from a “buy” rating to a “hold” rating in a research note on Saturday, September 13th. Wells Fargo & Company decreased their price target on shares of Mosaic from $34.00 to $32.00 and set an “equal weight” rating for the company in a research note on Thursday. JPMorgan Chase & Co. raised their target price on shares of Mosaic from $35.00 to $37.00 and gave the company an “overweight” rating in a research note on Monday, August 11th. Oppenheimer reissued an “outperform” rating and issued a $43.00 target price (up from $39.00) on shares of Mosaic in a research note on Tuesday, July 15th. Finally, Bank of America decreased their target price on shares of Mosaic from $49.00 to $43.00 and set a “buy” rating for the company in a research note on Tuesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Mosaic currently has an average rating of “Moderate Buy” and an average target price of $35.00.

Mosaic Trading Down 0.5%

Shares of Mosaic stock opened at $29.29 on Friday. The business has a fifty day simple moving average of $33.09 and a two-hundred day simple moving average of $33.17. The Mosaic Company has a 1 year low of $22.36 and a 1 year high of $38.23. The company 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 company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.44.

Mosaic (NYSE:MOS) last announced its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate 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 analyst estimates of $3.11 billion. During the same period in the prior year, the business earned $0.54 EPS. The company’s revenue for the quarter was up 6.7% compared to the same quarter last year. Research analysts forecast that The Mosaic Company will post 2.04 EPS for the current year.

Mosaic Announces Dividend

The firm also recently declared 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 annualized dividend and a yield of 3.0%. Mosaic’s dividend payout ratio (DPR) is currently 29.83%.

About 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.