Van ECK Associates Corp raised its holdings in Mosaic Company (The) (NYSE:MOS) by 0.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 764,376 shares of the basic materials company’s stock after acquiring an additional 5,801 shares during the quarter. Van ECK Associates Corp owned about 0.22% of Mosaic Company (The) worth $17,451,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. BlackRock Inc. increased its position in Mosaic Company (The) by 2,930.1% during the first quarter. BlackRock Inc. now owns 24,977,023 shares of the basic materials company’s stock worth $728,828,000 after acquiring an additional 24,152,726 shares during the period. FMR LLC boosted its stake in shares of Mosaic Company (The) by 171.9% in the 1st 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. boosted its stake in shares of Mosaic Company (The) by 146.0% in the 2nd 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 boosted its stake in shares of Mosaic Company (The) by 105.6% in the 2nd 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 acquired a new stake in shares of Mosaic Company (The) in the 1st quarter valued at $36,300,000. Hedge funds and other institutional investors own 77.00% of the company’s stock.

Shares of Mosaic Company (NYSE MOS) opened at 20.94 on Friday. The company’s 50-day moving average price is $20.54 and its 200 day moving average price is $24.07. The company has a market cap of $7.35 billion, a P/E ratio of 49.86 and a beta of 1.27. Mosaic Company has a one year low of $19.23 and a one year high of $34.36.

Mosaic Company (The) (NYSE:MOS) last posted its earnings results on Tuesday, August 1st. The basic materials company reported $0.29 EPS for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.04. The business had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.75 billion. Mosaic Company (The) had a return on equity of 3.31% and a net margin of 2.07%. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.06 EPS. On average, equities research analysts anticipate that Mosaic Company will post $0.76 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 21st. Investors of record on Thursday, September 7th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.87%. The ex-dividend date was Wednesday, September 6th. Mosaic Company (The)’s payout ratio is currently 142.86%.

Several research analysts recently issued reports on MOS shares. Zacks Investment Research downgraded shares of Mosaic Company (The) from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 4th. BidaskClub upgraded shares of Mosaic Company (The) from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $25.00 price target (down from $26.00) on shares of Mosaic Company (The) in a research note on Wednesday, August 2nd. Citigroup Inc. lowered their price target on Mosaic Company (The) from $27.00 to $26.00 and set a “neutral” rating for the company in a research note on Wednesday, July 12th. Finally, Royal Bank Of Canada lowered their price target on Mosaic Company (The) from $26.00 to $25.00 and set a “sector perform” rating for the company in a research note on Friday, July 14th. Six investment analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $25.15.

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In other news, Director Robert L. Lumpkins acquired 7,000 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The stock was bought 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 directly owns 9,339 shares of the company’s stock, valued at approximately $186,219.66. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.38% of the company’s stock.

Mosaic Company (The) 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.

Institutional Ownership by Quarter for Mosaic Company (The) (NYSE:MOS)

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