First Interstate Bank Has $5.40 Million Position in Mosaic Company (The) (MOS)

First Interstate Bank increased its stake in Mosaic Company (The) (NYSE:MOS) by 250,200.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 250,300 shares of the basic materials company’s stock after purchasing an additional 250,200 shares during the quarter. First Interstate Bank owned approximately 0.07% of Mosaic Company (The) worth $5,404,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. CIBC Asset Management Inc increased its stake in Mosaic Company (The) by 0.4% in the 2nd quarter. CIBC Asset Management Inc now owns 37,157 shares of the basic materials company’s stock worth $848,000 after purchasing an additional 149 shares in the last quarter. Sentry Investment Management LLC boosted its position in Mosaic Company (The) by 1.0% during the 2nd quarter. Sentry Investment Management LLC now owns 23,662 shares of the basic materials company’s stock worth $540,000 after acquiring an additional 223 shares during the period. Bank of Hawaii boosted its position in Mosaic Company (The) by 0.8% during the 2nd quarter. Bank of Hawaii now owns 36,496 shares of the basic materials company’s stock worth $833,000 after acquiring an additional 287 shares during the period. Louisiana State Employees Retirement System boosted its position in Mosaic Company (The) by 1.4% during the 2nd quarter. Louisiana State Employees Retirement System now owns 21,800 shares of the basic materials company’s stock worth $498,000 after acquiring an additional 300 shares during the period. Finally, Auxier Asset Management boosted its position in Mosaic Company (The) by 0.4% during the 2nd quarter. Auxier Asset Management now owns 84,731 shares of the basic materials company’s stock worth $1,934,000 after acquiring an additional 300 shares during the period. 76.45% of the stock is currently owned by hedge funds and other institutional investors.

Mosaic Company (MOS) traded up $0.09 on Tuesday, reaching $23.03. The company had a trading volume of 3,738,300 shares, compared to its average volume of 4,462,841. Mosaic Company has a 12-month low of $19.23 and a 12-month high of $34.36. The company has a current ratio of 1.78, a quick ratio of 0.90 and a debt-to-equity ratio of 0.37. The firm has a market cap of $8,080.00, a price-to-earnings ratio of 22.49, a P/E/G ratio of 2.49 and a beta of 1.27.

Mosaic Company (The) (NYSE:MOS) last posted its earnings results on Tuesday, October 31st. The basic materials company reported $0.43 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.18. Mosaic Company (The) had a return on equity of 3.61% and a net margin of 4.68%. The firm had revenue of $1.98 billion during the quarter, compared to analyst estimates of $1.93 billion. During the same period in the previous year, the company earned $0.41 EPS. The company’s revenue for the quarter was up 1.7% on a year-over-year basis. research analysts expect that Mosaic Company will post 0.97 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Investors of record on Thursday, December 7th will be issued a $0.025 dividend. The ex-dividend date of this dividend is Wednesday, December 6th. This represents a $0.10 annualized dividend and a yield of 0.43%. Mosaic Company (The)’s dividend payout ratio (DPR) is currently 63.16%.

A number of brokerages have commented on MOS. Piper Jaffray Companies set a $23.00 price objective on Mosaic Company (The) and gave the stock a “hold” rating in a research report on Friday, October 6th. Stifel Nicolaus restated a “hold” rating and set a $24.00 price objective (down from $27.00) on shares of Mosaic Company (The) in a research report on Tuesday, August 8th. Zacks Investment Research lowered Mosaic Company (The) from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Scotiabank upgraded Mosaic Company (The) from an “underperform” rating to a “sector perform” rating in a research report on Wednesday, November 1st. Finally, BidaskClub lowered Mosaic Company (The) from a “sell” rating to a “strong sell” rating in a research report on Friday, August 11th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $23.99.

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Mosaic Company (The) Profile

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.

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Institutional Ownership by Quarter for Mosaic Company (The) (NYSE:MOS)

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