Private Advisor Group LLC Sells 4,759 Shares of Mosaic Co (MOS)

Private Advisor Group LLC decreased its position in shares of Mosaic Co (NYSE:MOS) by 12.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,745 shares of the basic materials company’s stock after selling 4,759 shares during the quarter. Private Advisor Group LLC’s holdings in Mosaic were worth $955,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of MOS. Private Capital Group LLC boosted its position in Mosaic by 50.8% during the fourth quarter. Private Capital Group LLC now owns 1,203 shares of the basic materials company’s stock valued at $35,000 after purchasing an additional 405 shares in the last quarter. Exane Asset Management bought a new stake in Mosaic during the fourth quarter valued at about $72,000. Oregon Public Employees Retirement Fund boosted its position in Mosaic by 3,480.9% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 4,688,263 shares of the basic materials company’s stock valued at $161,000 after purchasing an additional 4,557,338 shares in the last quarter. MERIAN GLOBAL INVESTORS UK Ltd bought a new stake in Mosaic during the fourth quarter valued at about $166,000. Finally, Glenmede Trust Co. NA boosted its position in Mosaic by 49.4% during the third quarter. Glenmede Trust Co. NA now owns 5,613 shares of the basic materials company’s stock valued at $181,000 after purchasing an additional 1,856 shares in the last quarter. 77.41% of the stock is currently owned by institutional investors and hedge funds.

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Shares of MOS stock opened at $29.23 on Thursday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.67 and a quick ratio of 0.89. The company has a market cap of $11.52 billion, a P/E ratio of 13.79, a P/E/G ratio of 1.95 and a beta of 1.53. Mosaic Co has a twelve month low of $22.90 and a twelve month high of $37.37.

Mosaic (NYSE:MOS) last announced its quarterly earnings results on Monday, February 25th. The basic materials company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.20. The company had revenue of $2.52 billion during the quarter, compared to analysts’ expectations of $2.36 billion. Mosaic had a positive return on equity of 6.17% and a negative net margin of 0.80%. Mosaic’s quarterly revenue was up 20.5% on a year-over-year basis. During the same period last year, the business earned ($1.23) earnings per share. As a group, equities analysts predict that Mosaic Co will post 2.31 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 21st. Investors of record on Thursday, March 7th will be given a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a yield of 0.34%. The ex-dividend date of this dividend is Wednesday, March 6th. Mosaic’s dividend payout ratio is currently 4.72%.

A number of equities research analysts recently weighed in on MOS shares. Zacks Investment Research raised Mosaic from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a research report on Monday, January 7th. TheStreet raised Mosaic from a “c+” rating to a “b-” rating in a research report on Monday, November 19th. ValuEngine upgraded Mosaic from a “hold” rating to a “buy” rating in a research note on Wednesday, January 2nd. Cowen increased their price target on Mosaic from $38.00 to $43.00 and gave the company an “outperform” rating in a research note on Thursday, November 15th. Finally, Credit Suisse Group reiterated a “hold” rating and issued a $30.00 price target on shares of Mosaic in a research note on Monday, February 4th. Nine analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $37.14.

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About Mosaic

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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