Baird Financial Group Inc. grew its holdings in shares of Mosaic Co (NYSE:MOS) by 6.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 293,449 shares of the basic materials company’s stock after purchasing an additional 17,166 shares during the period. Baird Financial Group Inc. owned about 0.08% of Mosaic worth $8,231,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of MOS. Moors & Cabot Inc. grew its position in shares of Mosaic by 4.1% during the first quarter. Moors & Cabot Inc. now owns 45,604 shares of the basic materials company’s stock worth $1,107,000 after buying an additional 1,800 shares in the last quarter. Whittier Trust Co. grew its position in shares of Mosaic by 123.2% during the second quarter. Whittier Trust Co. now owns 3,370 shares of the basic materials company’s stock worth $167,000 after buying an additional 1,860 shares in the last quarter. Nissay Asset Management Corp Japan ADV grew its position in shares of Mosaic by 7.0% during the second quarter. Nissay Asset Management Corp Japan ADV now owns 29,252 shares of the basic materials company’s stock worth $821,000 after buying an additional 1,909 shares in the last quarter. Afam Capital Inc. grew its position in shares of Mosaic by 1.3% during the first quarter. Afam Capital Inc. now owns 150,981 shares of the basic materials company’s stock worth $3,666,000 after buying an additional 1,954 shares in the last quarter. Finally, Denver Investment Advisors LLC grew its position in shares of Mosaic by 3.2% during the first quarter. Denver Investment Advisors LLC now owns 63,934 shares of the basic materials company’s stock worth $1,553,000 after buying an additional 1,988 shares in the last quarter. Institutional investors own 74.59% of the company’s stock.

Shares of MOS opened at $29.94 on Monday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.61 and a quick ratio of 0.77. The company has a market capitalization of $11.54 billion, a P/E ratio of 27.47, a price-to-earnings-growth ratio of 2.51 and a beta of 1.55. Mosaic Co has a 52-week low of $19.23 and a 52-week high of $32.32.

Mosaic (NYSE:MOS) last announced its quarterly earnings results on Monday, August 6th. The basic materials company reported $0.40 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.02. The firm had revenue of $2.21 billion during the quarter, compared to the consensus estimate of $2.30 billion. Mosaic had a positive return on equity of 4.88% and a negative net margin of 1.14%. The firm’s quarterly revenue was up 25.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.29 earnings per share. sell-side analysts predict that Mosaic Co will post 1.7 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 20th. Investors of record on Thursday, September 6th will be issued a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.33%. The ex-dividend date is Wednesday, September 5th. Mosaic’s dividend payout ratio (DPR) is 9.17%.

A number of brokerages have recently commented on MOS. BMO Capital Markets reissued a “hold” rating and set a $30.00 price objective (up from $28.00) on shares of Mosaic in a research report on Tuesday, August 7th. Citigroup boosted their price objective on Mosaic from $30.00 to $31.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 11th. Zacks Investment Research downgraded Mosaic from a “buy” rating to a “hold” rating in a research report on Friday. UBS Group raised Mosaic from a “neutral” rating to a “positive” rating in a research report on Wednesday, June 27th. Finally, Cowen boosted their price objective on Mosaic from $32.00 to $35.00 and gave the stock an “outperform” rating in a research report on Friday, May 18th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have assigned a buy rating to the company. Mosaic presently has an average rating of “Hold” and an average target price of $31.49.

In other Mosaic news, Director Luciano Siani Pires purchased 2,000 shares of the stock in a transaction that occurred on Thursday, August 16th. The stock was purchased at an average cost of $29.68 per share, with a total value of $59,360.00. Following the completion of the acquisition, the director now directly owns 2,000 shares of the company’s stock, valued at approximately $59,360. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.45% of the company’s stock.

Mosaic Profile

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients worldwide. The company operates through three segments: Phosphates, Potash, and International Distribution. 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.

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Institutional Ownership by Quarter for Mosaic (NYSE:MOS)

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