Shares of Mosaic Company (The) (NYSE:MOS) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $19.53 and last traded at $19.54, with a volume of 3,140,837 shares. The stock had previously closed at $20.11.

Several analysts have issued reports on MOS shares. Morgan Stanley lowered their target price on shares of Mosaic Company (The) from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Monday, August 7th. Royal Bank Of Canada lowered 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 note on Friday, July 14th. Zacks Investment Research upgraded shares of Mosaic Company (The) from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Stifel Nicolaus reiterated a “hold” rating and issued a $27.00 target price on shares of Mosaic Company (The) in a research note on Friday, July 14th. Finally, BidaskClub cut shares of Mosaic Company (The) from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Six equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $25.15.

The company has a market cap of $6.93 billion, a PE ratio of 47.00 and a beta of 1.27. The company has a 50-day moving average price of $21.54 and a 200 day moving average price of $24.81.

Mosaic Company (The) (NYSE:MOS) last released its earnings results on Tuesday, August 1st. The basic materials company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.25 by $0.04. Mosaic Company (The) had a net margin of 2.07% and a return on equity of 3.31%. The firm had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter in the previous year, the firm earned $0.06 earnings per share. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. On average, equities research analysts expect that Mosaic Company will post $1.07 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 21st. Stockholders of record on Thursday, September 7th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 3.04%. The ex-dividend date of this dividend is 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 stock in a transaction dated Monday, August 21st. The shares were purchased at an average price of $19.94 per share, with a total value of $139,580.00. Following the completion of the acquisition, the director now owns 9,339 shares of the company’s stock, valued at $186,219.66. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 0.38% of the stock is currently owned by insiders.

Several hedge funds have recently added to or reduced their stakes in MOS. BlackRock Inc. lifted its holdings in shares of Mosaic Company (The) by 2,930.1% in the first quarter. BlackRock Inc. now owns 24,977,023 shares of the basic materials company’s stock worth $728,828,000 after buying an additional 24,152,726 shares in the last quarter. FMR LLC raised its stake in Mosaic Company (The) by 171.9% during the first quarter. FMR LLC now owns 5,108,486 shares of the basic materials company’s stock valued at $149,066,000 after purchasing an additional 3,229,860 shares in the last quarter. NN Investment Partners Holdings N.V. raised its stake in Mosaic Company (The) by 146.0% during the second quarter. NN Investment Partners Holdings N.V. now owns 2,547,323 shares of the basic materials company’s stock valued at $58,156,000 after purchasing an additional 1,511,638 shares in the last quarter. BlueMountain Capital Management LLC raised its stake in Mosaic Company (The) by 105.6% during the second quarter. BlueMountain Capital Management LLC now owns 66,928 shares of the basic materials company’s stock valued at $1,528,000 after purchasing an additional 1,265,856 shares in the last quarter. Finally, MARSHALL WACE ASIA Ltd purchased a new stake in Mosaic Company (The) during the first quarter valued at $36,300,000. 76.81% of the stock is currently owned by hedge funds and other institutional investors.

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About Mosaic Company (The)

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.

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