Vanguard Personalized Indexing Management LLC Purchases 5,918 Shares of The Mosaic Company (NYSE:MOS)

Vanguard Personalized Indexing Management LLC grew its position in shares of The Mosaic Company (NYSE:MOS) by 16.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 42,141 shares of the basic materials company’s stock after acquiring an additional 5,918 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Mosaic were worth $1,216,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Trexquant Investment LP acquired a new position in shares of Mosaic during the 4th quarter worth about $2,466,000. Commerce Bank grew its stake in Mosaic by 32.8% in the fourth quarter. Commerce Bank now owns 18,927 shares of the basic materials company’s stock valued at $676,000 after purchasing an additional 4,680 shares in the last quarter. Parallel Advisors LLC increased its position in shares of Mosaic by 10.9% during the 4th quarter. Parallel Advisors LLC now owns 4,570 shares of the basic materials company’s stock worth $163,000 after purchasing an additional 450 shares during the last quarter. S&CO Inc. raised its stake in shares of Mosaic by 0.6% during the 4th quarter. S&CO Inc. now owns 1,185,322 shares of the basic materials company’s stock worth $42,351,000 after purchasing an additional 6,760 shares in the last quarter. Finally, TD Asset Management Inc boosted its holdings in shares of Mosaic by 41.6% in the 4th quarter. TD Asset Management Inc now owns 452,308 shares of the basic materials company’s stock valued at $16,161,000 after buying an additional 132,869 shares during the last quarter. Institutional investors and hedge funds own 77.54% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on MOS shares. Wells Fargo & Company lowered their price objective on shares of Mosaic from $31.00 to $29.00 and set an “equal weight” rating on the stock in a research note on Friday, August 9th. Piper Sandler dropped their price target on Mosaic from $29.00 to $28.00 and set an “underweight” rating on the stock in a research note on Tuesday, June 11th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $30.00 price objective on shares of Mosaic in a research report on Monday, August 12th. Barclays dropped their price objective on shares of Mosaic from $39.00 to $32.00 and set an “overweight” rating on the stock in a research report on Friday, August 16th. Finally, UBS Group reduced their target price on shares of Mosaic from $33.00 to $30.00 and set a “neutral” rating for the company in a report on Tuesday, July 9th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Mosaic presently has an average rating of “Hold” and an average price target of $34.91.

Insider Activity

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

Mosaic Stock Down 4.4 %

Shares of NYSE MOS opened at $25.56 on Monday. The Mosaic Company has a 52 week low of $24.11 and a 52 week high of $38.30. The stock’s fifty day moving average is $27.70 and its 200 day moving average is $29.28. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.54 and a current ratio of 1.16. The stock has a market capitalization of $8.22 billion, a P/E ratio of 10.88, a PEG ratio of 1.57 and a beta of 1.36.

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

Mosaic Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date was Thursday, September 5th. Mosaic’s dividend payout ratio is presently 35.74%.

Mosaic 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.