California State Teachers Retirement System Reduces Stake in Mosaic Co (MOS)

California State Teachers Retirement System lowered its stake in Mosaic Co (NYSE:MOS) by 0.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 610,494 shares of the basic materials company’s stock after selling 4,533 shares during the quarter. California State Teachers Retirement System owned approximately 0.16% of Mosaic worth $17,833,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Private Capital Group LLC raised its holdings in Mosaic by 50.8% in the 4th quarter. Private Capital Group LLC now owns 1,203 shares of the basic materials company’s stock valued at $35,000 after buying an additional 405 shares during the last quarter. Berman Capital Advisors LLC bought a new position in Mosaic in the 4th quarter valued at approximately $39,000. Exane Asset Management bought a new position in Mosaic in the 4th quarter valued at approximately $72,000. Oregon Public Employees Retirement Fund raised its holdings in Mosaic by 3,480.9% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,688,263 shares of the basic materials company’s stock valued at $161,000 after buying an additional 4,557,338 shares during the last quarter. Finally, MERIAN GLOBAL INVESTORS UK Ltd bought a new position in Mosaic in the 4th quarter valued at approximately $166,000. 77.34% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts recently issued reports on MOS shares. TheStreet upgraded shares of Mosaic from a “c+” rating to a “b-” rating in a report on Monday, November 19th. JPMorgan Chase & Co. lowered shares of Mosaic from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $38.00 to $33.00 in a report on Wednesday, December 12th. ValuEngine lowered shares of Mosaic from a “buy” rating to a “hold” rating in a report on Wednesday, December 12th. Zacks Investment Research lowered shares of Mosaic from a “buy” rating to a “hold” rating in a report on Thursday, January 3rd. Finally, Credit Suisse Group reiterated a “hold” rating and issued a $30.00 price objective on shares of Mosaic in a report on Monday, February 4th. Nine equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $37.14.

Shares of MOS stock opened at $28.71 on Friday. The company has a market cap of $11.05 billion, a PE ratio of 13.54, a P/E/G ratio of 1.74 and a beta of 1.48. Mosaic Co has a 52 week low of $22.90 and a 52 week high of $37.37. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.71 and a quick ratio of 0.79.

Mosaic (NYSE:MOS) last announced its quarterly earnings data on Monday, February 25th. The basic materials company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.57 by $0.20. The company had revenue of $2.52 billion during the quarter, compared to the consensus estimate of $2.36 billion. Mosaic had a net margin of 4.90% and a return on equity of 7.71%. The company’s quarterly revenue was up 20.5% on a year-over-year basis. During the same quarter last year, the firm posted ($1.23) EPS. On average, sell-side analysts expect that Mosaic Co will post 2.35 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 21st. Stockholders 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 dividend yield of 0.35%. The ex-dividend date is Wednesday, March 6th. Mosaic’s dividend payout ratio (DPR) is 4.72%.

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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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Institutional Ownership by Quarter for Mosaic (NYSE:MOS)

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