Murphy Pohlad Asset Management LLC Acquires 5,300 Shares of The Mosaic Company (NYSE:MOS)

Murphy Pohlad Asset Management LLC boosted its holdings in shares of The Mosaic Company (NYSE:MOS) by 42.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,775 shares of the basic materials company’s stock after acquiring an additional 5,300 shares during the period. Murphy Pohlad Asset Management LLC’s holdings in Mosaic were worth $476,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kingsview Wealth Management LLC bought a new position in Mosaic during the 1st quarter worth about $1,776,000. Manning & Napier Advisors LLC bought a new stake in shares of Mosaic in the 2nd quarter valued at about $3,610,000. Duality Advisers LP boosted its holdings in shares of Mosaic by 523.0% in the 1st quarter. Duality Advisers LP now owns 216,388 shares of the basic materials company’s stock valued at $7,024,000 after buying an additional 181,654 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Mosaic by 1,815.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,682,108 shares of the basic materials company’s stock valued at $346,743,000 after buying an additional 10,124,427 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Mosaic by 5.1% in the 1st quarter. Vanguard Group Inc. now owns 39,357,229 shares of the basic materials company’s stock valued at $1,277,536,000 after buying an additional 1,893,797 shares in the last quarter. 77.54% of the stock is currently owned by institutional investors.

Insider Transactions at Mosaic

In other news, Director Kelvin R. Westbrook sold 12,666 shares of the firm’s stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $27.32, for a total transaction of $346,035.12. Following the sale, the director now owns 34,359 shares of the company’s stock, valued at $938,687.88. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, Director Kelvin R. Westbrook sold 12,666 shares of the firm’s stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $27.32, for a total transaction of $346,035.12. Following the sale, the director now owns 34,359 shares of the company’s stock, valued at $938,687.88. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Walter F. Precourt III sold 39,748 shares of the firm’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 sale, the senior vice president now directly owns 136,682 shares in the company, valued at $3,821,628.72. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.86% of the company’s stock.

Wall Street Analyst Weigh In

MOS has been the topic of a number of recent analyst reports. UBS Group lowered their price target on shares of Mosaic from $33.00 to $30.00 and set a “neutral” rating on the stock in a report on Tuesday, July 9th. Barclays lowered their price target on shares of Mosaic from $32.00 to $30.00 and set an “overweight” rating on the stock in a report on Friday, October 11th. Royal Bank of Canada restated a “sector perform” rating and issued a $30.00 price target on shares of Mosaic in a report on Monday, August 12th. Mizuho decreased their price objective on shares of Mosaic from $31.00 to $28.00 and set a “neutral” rating for the company in a research report on Wednesday, October 9th. Finally, Wells Fargo & Company decreased their price objective on shares of Mosaic from $29.00 to $27.00 and set an “equal weight” rating for the company in a research report on Tuesday, September 24th. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $33.11.

Mosaic Stock Performance

MOS opened at $26.89 on Friday. The Mosaic Company has a 12-month low of $24.11 and a 12-month high of $38.30. The company has a current ratio of 1.16, a quick ratio of 0.54 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $8.57 billion, a PE ratio of 36.34, a P/E/G ratio of 1.71 and a beta of 1.35. The firm has a 50 day moving average of $26.51 and a two-hundred day moving average of $28.14.

Mosaic (NYSE:MOS) last posted its quarterly earnings results on Tuesday, August 6th. The basic materials company reported $0.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.12). Mosaic had a return on equity of 6.92% and a net margin of 2.01%. The business had revenue of $2.82 billion for the quarter, compared to analysts’ expectations of $2.90 billion. During the same period in the prior year, the business posted $1.04 earnings per share. The business’s quarterly revenue was down 17.0% compared to the same quarter last year. On average, analysts anticipate that The Mosaic Company will post 2.27 EPS for the current year.

Mosaic Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were paid a dividend of $0.21 per share. The ex-dividend date was Thursday, September 5th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.12%. Mosaic’s payout ratio is 113.51%.

Mosaic Company Profile

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.