Terril Brothers Inc. Buys 2,525 Shares of The Mosaic Company (NYSE:MOS)

Terril Brothers Inc. grew its stake in shares of The Mosaic Company (NYSE:MOS) by 1.8% during the second quarter, HoldingsChannel reports. The firm owned 142,275 shares of the basic materials company’s stock after purchasing an additional 2,525 shares during the quarter. Mosaic accounts for approximately 1.5% of Terril Brothers Inc.’s holdings, making the stock its 19th biggest position. Terril Brothers Inc.’s holdings in Mosaic were worth $4,112,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of MOS. Donald Smith & CO. Inc. grew its holdings in shares of Mosaic by 84.7% during the 2nd quarter. Donald Smith & CO. Inc. now owns 2,083,233 shares of the basic materials company’s stock worth $60,205,000 after acquiring an additional 955,199 shares during the period. Quantbot Technologies LP grew its stake in Mosaic by 107.2% in the second quarter. Quantbot Technologies LP now owns 104,038 shares of the basic materials company’s stock worth $3,007,000 after purchasing an additional 53,828 shares during the period. Dimensional Fund Advisors LP raised its holdings in Mosaic by 34.6% in the second quarter. Dimensional Fund Advisors LP now owns 6,337,124 shares of the basic materials company’s stock worth $183,155,000 after purchasing an additional 1,628,850 shares in the last quarter. Keene & Associates Inc. lifted its position in Mosaic by 25.8% during the second quarter. Keene & Associates Inc. now owns 12,280 shares of the basic materials company’s stock valued at $355,000 after buying an additional 2,520 shares during the period. Finally, Thompson Siegel & Walmsley LLC boosted its holdings in shares of Mosaic by 13.6% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 2,579,644 shares of the basic materials company’s stock valued at $74,552,000 after buying an additional 308,110 shares in the last quarter. Hedge funds and other institutional investors own 77.54% of the company’s stock.

Insiders Place Their Bets

In other news, Director Kelvin R. Westbrook sold 12,666 shares of the company’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $27.32, for a total transaction of $346,035.12. Following the completion of the sale, the director now owns 34,359 shares of the company’s stock, valued at approximately $938,687.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, SVP Walter F. Precourt III sold 39,748 shares of the business’s stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $27.96, for a total transaction of $1,111,354.08. Following the completion of the sale, the senior vice president now owns 136,682 shares of the company’s stock, valued at approximately $3,821,628.72. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Kelvin R. Westbrook sold 12,666 shares of the company’s stock in a transaction 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 sale, the director now owns 34,359 shares of the company’s stock, valued at $938,687.88. The disclosure for this sale can be found here. Insiders own 0.86% of the company’s stock.

Mosaic Stock Performance

Shares of NYSE MOS opened at $25.43 on Tuesday. The firm’s 50-day moving average price is $27.83 and its 200-day moving average price is $29.43. The Mosaic Company has a 52-week low of $24.11 and a 52-week high of $40.58. The company has a market cap of $8.18 billion, a PE ratio of 10.82, a PEG ratio of 1.57 and a beta of 1.36. The company has a quick ratio of 0.54, a current ratio of 1.16 and a debt-to-equity ratio of 0.27.

Mosaic (NYSE:MOS) last posted its earnings results on Tuesday, August 6th. The basic materials company reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.12). The company had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.90 billion. Mosaic had a return on equity of 6.92% and a net margin of 2.01%. The company’s revenue for the quarter was down 17.0% on a year-over-year basis. During the same period last year, the firm posted $1.04 EPS. As a group, analysts anticipate that The Mosaic Company will post 2.26 EPS for the current year.

Mosaic Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 3.30%. The ex-dividend date is Thursday, September 5th. Mosaic’s dividend payout ratio is 35.74%.

Analyst Ratings Changes

MOS has been the subject of several research reports. Piper Sandler decreased their price target on shares of Mosaic from $29.00 to $28.00 and set an “underweight” rating for the company in a research note on Tuesday, June 11th. Royal Bank of Canada reiterated a “sector perform” rating and set a $30.00 target price on shares of Mosaic in a report on Monday, August 12th. Barclays cut their price target on Mosaic from $39.00 to $32.00 and set an “overweight” rating on the stock in a research note on Friday, August 16th. UBS Group lowered their price objective on Mosaic from $33.00 to $30.00 and set a “neutral” rating for the company in a research note on Tuesday, July 9th. Finally, Wells Fargo & Company cut their target price on Mosaic from $31.00 to $29.00 and set an “equal weight” rating on the stock in a research note on Friday, August 9th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $35.33.

About Mosaic

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.