Rampart Investment Management Company LLC Reduces Holdings in Mosaic Co (NYSE:MOS)

Rampart Investment Management Company LLC trimmed its position in shares of Mosaic Co (NYSE:MOS) by 88.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,608 shares of the basic materials company’s stock after selling 68,320 shares during the quarter. Rampart Investment Management Company LLC’s holdings in Mosaic were worth $215,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Captrust Financial Advisors boosted its stake in Mosaic by 207.9% during the second quarter. Captrust Financial Advisors now owns 1,404 shares of the basic materials company’s stock worth $35,000 after buying an additional 948 shares during the period. Rockefeller Capital Management L.P. lifted its position in shares of Mosaic by 169.1% during the second quarter. Rockefeller Capital Management L.P. now owns 1,596 shares of the basic materials company’s stock worth $40,000 after purchasing an additional 1,003 shares during the last quarter. Meridian Wealth Management LLC bought a new stake in shares of Mosaic during the first quarter worth $41,000. Rational Advisors LLC lifted its position in shares of Mosaic by 2,825.9% during the first quarter. Rational Advisors LLC now owns 1,580 shares of the basic materials company’s stock worth $43,000 after purchasing an additional 1,526 shares during the last quarter. Finally, Squar Milner Financial Services LLC lifted its position in shares of Mosaic by 1,452.1% during the second quarter. Squar Milner Financial Services LLC now owns 1,878 shares of the basic materials company’s stock worth $47,000 after purchasing an additional 1,757 shares during the last quarter. 74.89% of the stock is owned by institutional investors.

Shares of MOS stock traded down $0.30 on Friday, hitting $20.69. The stock had a trading volume of 5,962,702 shares, compared to its average volume of 5,285,625. The company has a quick ratio of 0.60, a current ratio of 1.67 and a debt-to-equity ratio of 0.43. The business has a 50 day moving average price of $20.52 and a 200 day moving average price of $23.92. The company has a market cap of $8.32 billion, a PE ratio of 9.76, a P/E/G ratio of 2.62 and a beta of 1.64. Mosaic Co has a one year low of $17.36 and a one year high of $37.37.

Mosaic (NYSE:MOS) last released its quarterly earnings data on Tuesday, August 6th. The basic materials company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.18). The firm had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.31 billion. Mosaic had a net margin of 2.70% and a return on equity of 6.87%. The business’s revenue was down 1.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.40 earnings per share. Equities research analysts expect that Mosaic Co will post 1.18 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were issued a $0.05 dividend. The ex-dividend date of this dividend was Wednesday, September 4th. This represents a $0.20 annualized dividend and a dividend yield of 0.97%. Mosaic’s payout ratio is currently 9.43%.

Several analysts have recently weighed in on the company. Morgan Stanley decreased their target price on Mosaic from $36.00 to $29.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 9th. Bank of America upgraded Mosaic from a “neutral” rating to a “buy” rating and set a $30.00 target price for the company in a research report on Monday, June 17th. CIBC downgraded Mosaic from a “sector outperform” rating to a “neutral” rating in a research report on Wednesday, August 7th. JPMorgan Chase & Co. decreased their target price on Mosaic from $27.00 to $24.00 and set an “overweight” rating for the company in a research report on Friday, September 13th. Finally, Standpoint Research upgraded Mosaic from a “hold” rating to a “buy” rating in a research report on Wednesday, June 5th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eleven have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $30.63.

In other news, Director William T. Monahan acquired 2,360 shares of the firm’s stock in a transaction that occurred on Tuesday, September 10th. The stock was purchased at an average cost of $21.15 per share, for a total transaction of $49,914.00. Following the completion of the acquisition, the director now directly owns 39,235 shares of the company’s stock, valued at approximately $829,820.25. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Cheryl K. Beebe acquired 12,998 shares of the firm’s stock in a transaction that occurred on Wednesday, August 21st. The stock was purchased at an average price of $19.21 per share, with a total value of $249,691.58. Following the completion of the acquisition, the director now directly owns 23,704 shares of the company’s stock, valued at $455,353.84. The disclosure for this purchase can be found here. Insiders own 0.51% of the company’s stock.

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 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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