1 day Ago By ABMN Staff
The Mosaic Company ( NYSE:MOS – Get Free Report ) has been given a consensus recommendation of “Hold” by the eleven brokerages that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating on the company.
The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $35.33. MOS has been the subject of several recent research reports.
UBS Group lowered their price objective on shares of Mosaic from $33.00 to $30.00 and set a “neutral” rating for the company in a research report on Tuesday, July 9th.
Piper Sandler lowered their price target on shares of Mosaic from $29.00 to $28.00 and set an “underweight” rating for the company in a report on Tuesday, June 11th.
Wells Fargo & Company cut their price objective on shares of Mosaic from $31.00 to $29.00 and set an “equal weight” rating on the stock in a report on Friday, August 9th.
Royal Bank of Canada restated a “sector perform” rating and set a $30.00 target price on shares of Mosaic in a research note on Monday, August 12th. Finally, Barclays reduced their price target on Mosaic from $39.
00 to $32.00 and set an “overweight” rating for the company in a report on Friday, August 16th. Read Our Latest Report on MOS Mosaic Stock Up 0.
9 % Mosaic ( NYSE:MOS – Get Free Report ) last issued its earnings results on Tuesday, August 6th. The basic materials company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.
66 by ($0.12). The company had revenue of $2.
82 billion during the quarter, compared to analysts’ expectations of $2.90 billion. Mosaic had a return on equity of 6.
92% and a net margin of 2.01%. Mosaic’s quarterly revenue was down 17.
0% on a year-over-year basis. During the same period in the previous year, the company earned $1.04 EPS.
Equities research analysts forecast that Mosaic will post 2.26 earnings per share for the current fiscal year. Mosaic Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 19th.
Stockholders of record on Thursday, September 5th will be issued a $0.21 dividend. This represents a $0.
84 annualized dividend and a dividend yield of 3.25%. The ex-dividend date of this dividend is Thursday, September 5th.
Mosaic’s dividend payout ratio (DPR) is presently 35.74%. Insider Buying and Selling In related news, SVP Walter F.
Precourt III sold 39,748 shares of the business’s stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of $27.96, for a total transaction of $1,111,354.
08. Following the completion of the transaction, the senior vice president now owns 136,682 shares in the company, valued at approximately $3,821,628.72.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . In other Mosaic news, SVP Walter F. Precourt III sold 39,748 shares of the company’s stock in a transaction dated Tuesday, August 13th.
The shares were sold at an average price of $27.96, for a total value of $1,111,354.08.
Following the completion of the transaction, the senior vice president now owns 136,682 shares in the company, valued at approximately $3,821,628.72. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website .
Also, Director Kelvin R. Westbrook sold 12,666 shares of the stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $27.
32, for a total value of $346,035.12. Following the completion of the transaction, the director now directly owns 34,359 shares of the company’s stock, valued at $938,687.
88. The disclosure for this sale can be found here . 0.
86% of the stock is owned by company insiders. Institutional Investors Weigh In On Mosaic A number of hedge funds and other institutional investors have recently modified their holdings of MOS. Blue Trust Inc.
raised its position in shares of Mosaic by 40.0% during the 2nd quarter. Blue Trust Inc.
now owns 1,229 shares of the basic materials company’s stock worth $36,000 after buying an additional 351 shares in the last quarter. Moors & Cabot Inc. lifted its position in Mosaic by 5.
0% in the second quarter. Moors & Cabot Inc. now owns 7,958 shares of the basic materials company’s stock worth $230,000 after purchasing an additional 382 shares during the period.
Uncommon Cents Investing LLC increased its position in shares of Mosaic by 3.2% during the 1st quarter. Uncommon Cents Investing LLC now owns 13,500 shares of the basic materials company’s stock valued at $438,000 after purchasing an additional 415 shares during the period.
CX Institutional boosted its stake in Mosaic by 1.5% during the second quarter. CX Institutional now owns 28,480 shares of the basic materials company’s stock valued at $823,000 after buying an additional 418 shares in the last quarter.
Finally, Wahed Invest LLC boosted its stake in Mosaic by 8.6% during the fourth quarter. Wahed Invest LLC now owns 5,645 shares of the basic materials company’s stock valued at $202,000 after buying an additional 445 shares in the last quarter.
77.54% of the stock is currently owned by institutional investors. Mosaic Company Profile ( Get Free Report 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. See Also Receive News & Ratings for Mosaic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mosaic and related companies with MarketBeat.
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