BNP Paribas Arbitrage SA lowered its stake in shares of Mosaic Company (The) (NYSE:MOS) by 11.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 413,442 shares of the basic materials company’s stock after selling 52,090 shares during the period. BNP Paribas Arbitrage SA owned approximately 0.12% of Mosaic Company (The) worth $9,439,000 as of its most recent filing with the SEC.
Other institutional investors have also recently modified their holdings of the company. Cleararc Capital Inc. increased its position in shares of Mosaic Company (The) by 0.3% in the first quarter. Cleararc Capital Inc. now owns 8,543 shares of the basic materials company’s stock valued at $249,000 after buying an additional 29 shares during the last quarter. Great Lakes Advisors LLC increased its position in shares of Mosaic Company (The) by 0.7% in the first quarter. Great Lakes Advisors LLC now owns 16,994 shares of the basic materials company’s stock valued at $496,000 after buying an additional 119 shares during the last quarter. Investment Centers of America Inc. increased its position in shares of Mosaic Company (The) by 1.7% in the first quarter. Investment Centers of America Inc. now owns 8,121 shares of the basic materials company’s stock valued at $238,000 after buying an additional 132 shares during the last quarter. CIBC Asset Management Inc increased its position in shares of Mosaic Company (The) by 0.4% in the second quarter. CIBC Asset Management Inc now owns 37,157 shares of the basic materials company’s stock valued at $848,000 after buying an additional 149 shares during the last quarter. Finally, Bank of Hawaii increased its position in shares of Mosaic Company (The) by 0.5% in the first quarter. Bank of Hawaii now owns 36,209 shares of the basic materials company’s stock valued at $1,057,000 after buying an additional 180 shares during the last quarter. Institutional investors own 80.64% of the company’s stock.
Shares of Mosaic Company (NYSE:MOS) opened at 19.86 on Tuesday. Mosaic Company has a 12 month low of $19.59 and a 12 month high of $34.36. The stock has a market cap of $6.97 billion, a PE ratio of 47.29 and a beta of 1.24. The stock has a 50 day moving average of $22.64 and a 200 day moving average of $25.84.
Mosaic Company (The) (NYSE:MOS) last announced its quarterly earnings data on Tuesday, August 1st. The basic materials company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.04. The firm had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.75 billion. Mosaic Company (The) had a net margin of 2.07% and a return on equity of 3.31%. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.06 earnings per share. On average, equities analysts anticipate that Mosaic Company will post $1.07 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 21st. Investors of record on Thursday, September 7th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date is Wednesday, September 6th. Mosaic Company (The)’s dividend payout ratio (DPR) is currently 142.86%.
COPYRIGHT VIOLATION NOTICE: “BNP Paribas Arbitrage SA Has $9.44 Million Position in Mosaic Company (The) (MOS)” was first reported by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this piece of content on another domain, it was stolen and republished in violation of international copyright & trademark legislation. The original version of this piece of content can be accessed at https://stocknewstimes.com/2017/08/22/bnp-paribas-arbitrage-sa-has-9-44-million-position-in-mosaic-company-the-mos.html.
Several equities analysts recently commented on the stock. Royal Bank Of Canada reiterated a “hold” rating and set a $26.00 price target on shares of Mosaic Company (The) in a report on Wednesday, July 12th. Citigroup Inc. lowered their price objective on shares of Mosaic Company (The) from $27.00 to $26.00 and set a “neutral” rating for the company in a research report on Wednesday, July 12th. BMO Capital Markets set a $26.00 price objective on shares of Mosaic Company (The) and gave the company a “hold” rating in a research report on Saturday, May 6th. BidaskClub cut shares of Mosaic Company (The) from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Finally, Credit Suisse Group reissued a “sell” rating and issued a $19.00 price objective on shares of Mosaic Company (The) in a research report on Friday, May 5th. Six investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $25.15.
In other Mosaic Company (The) news, Director Robert L. Lumpkins acquired 7,000 shares of the company’s stock in a transaction that occurred on Monday, August 21st. The stock was purchased at an average price of $19.94 per share, for a total transaction of $139,580.00. Following the completion of the acquisition, the director now owns 9,339 shares of the company’s stock, valued at approximately $186,219.66. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.38% of the company’s stock.
About Mosaic Company (The)
The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.
Want to see what other hedge funds are holding MOS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mosaic Company (The) (NYSE:MOS).
Receive News & Ratings for Mosaic Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mosaic Company (The) and related companies with MarketBeat.com's FREE daily email newsletter.
