Mosaic Company (The) (MOS) Given “Market Perform” Rating at BMO Capital Markets

BMO Capital Markets reaffirmed their market perform rating on shares of Mosaic Company (The) (NYSE:MOS) in a research note released on Friday, October 6th. The brokerage currently has a $25.00 target price on the basic materials company’s stock, up from their previous target price of $23.00.

Several other equities analysts have also recently issued reports on the stock. Zacks Investment Research cut shares of Mosaic Company (The) from a hold rating to a strong sell rating in a research note on Tuesday, July 4th. BidaskClub raised shares of Mosaic Company (The) from a sell rating to a hold rating in a research note on Tuesday, June 27th. Citigroup Inc. decreased their target price on shares of Mosaic Company (The) from $27.00 to $26.00 and set a neutral rating on the stock in a research report on Wednesday, July 12th. Royal Bank Of Canada decreased their target price on shares of Mosaic Company (The) from $26.00 to $25.00 and set a sector perform rating on the stock in a research report on Friday, July 14th. Finally, Vertical Research upgraded shares of Mosaic Company (The) from a sell rating to a hold rating in a research report on Thursday, August 17th. Six equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of $24.41.

Shares of Mosaic Company (NYSE MOS) opened at 21.06 on Friday. The firm’s 50-day moving average is $20.74 and its 200 day moving average is $23.07. Mosaic Company has a 52-week low of $19.23 and a 52-week high of $34.36. The stock has a market capitalization of $7.39 billion, a price-to-earnings ratio of 50.14 and a beta of 1.29.

Mosaic Company (The) (NYSE:MOS) last announced its earnings results on Tuesday, August 1st. The basic materials company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.04. The business had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.75 billion. Mosaic Company (The) had a net margin of 2.07% and a return on equity of 3.31%. The company’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.06 EPS. Equities analysts expect that Mosaic Company will post $0.72 EPS for the current year.

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The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 21st. Investors of record on Thursday, September 7th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.85%. The ex-dividend date of this dividend was Wednesday, September 6th. Mosaic Company (The)’s dividend payout ratio (DPR) is presently 142.86%.

In related news, Director Robert L. Lumpkins bought 7,000 shares of the company’s stock in a transaction on Monday, August 21st. The shares were purchased at an average cost of $19.94 per share, with a total value of $139,580.00. Following the completion of the transaction, the director now directly owns 9,339 shares of the company’s stock, valued at $186,219.66. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.38% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently modified their holdings of MOS. UBS Asset Management Americas Inc. increased its holdings in shares of Mosaic Company (The) by 9.3% during the first quarter. UBS Asset Management Americas Inc. now owns 979,185 shares of the basic materials company’s stock valued at $28,573,000 after purchasing an additional 82,970 shares during the period. Mutual of America Capital Management LLC increased its holdings in shares of Mosaic Company (The) by 9.0% during the first quarter. Mutual of America Capital Management LLC now owns 42,466 shares of the basic materials company’s stock valued at $1,239,000 after purchasing an additional 3,491 shares during the period. Pacer Advisors Inc. increased its holdings in shares of Mosaic Company (The) by 3.6% during the first quarter. Pacer Advisors Inc. now owns 6,779 shares of the basic materials company’s stock valued at $198,000 after purchasing an additional 234 shares during the period. Blair William & Co. IL increased its holdings in shares of Mosaic Company (The) by 27.5% during the first quarter. Blair William & Co. IL now owns 9,104 shares of the basic materials company’s stock valued at $284,000 after purchasing an additional 1,965 shares during the period. Finally, Neuberger Berman Group LLC increased its holdings in shares of Mosaic Company (The) by 5.0% during the first quarter. Neuberger Berman Group LLC now owns 55,865 shares of the basic materials company’s stock valued at $1,630,000 after purchasing an additional 2,654 shares during the period. 76.92% of the stock is currently owned by institutional investors.

Mosaic Company (The) Company Profile

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.

Analyst Recommendations for Mosaic Company (The) (NYSE:MOS)

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