Great Valley Advisor Group Inc. holds a $269,000 stake in The Mosaic Company (NYSE:MOS)


Great Valley Advisor Group Inc. reduced its position in shares of The Mosaic Company (NYSE:MOS – Get Rating) by 66.3% in Q1, reports HoldingsChannel.com. The company held 4,044 shares of the basic materials company’s shares after selling 7,951 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in Mosaic were worth $269,000 when it last filed with the Securities and Exchange Commission.

Other large investors have also recently increased or reduced their stake in the company. Whittier Trust Co. of Nevada Inc. increased its stake in Mosaic shares by 380.4% in Q4. Whittier Trust Co. of Nevada Inc. now owns 663 shares of the basic materials company valued at $26,000 after buying 525 additional shares in the last quarter. Massmutual Trust Co. FSB ADV increased its position in Mosaic by 910.4% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 677 shares of the basic materials company worth $27,000 after acquiring 610 more shares in the last quarter. Confluence Wealth Services Inc. acquired a new stake in Mosaic during the 4th quarter for a value of $31,000. First Command Bank purchased a new stake in Mosaic during Q1 for $36,000. Finally, CENTRAL TRUST Co increased its position in Mosaic by 217.2% during the 4th quarter. CENTRAL TRUST Co now owns 977 shares of the basic materials company worth $39,000 after acquiring 669 additional shares in the last quarter. 82.54% of the shares are held by institutional investors and hedge funds.

A number of brokerages have weighed in on MOS recently. Barclays began covering Mosaic in a research report on Wednesday June 1. They set an “underweight” rating and a price target of $59.00 on the stock. Goldman Sachs Group upgraded Mosaic from a “neutral” rating to a “buy” rating and set a target price of $83.00 on the stock in a Tuesday, March 15 report. Mizuho raised its target price on Mosaic from $59.00 to $89.00 in a Friday, April 29 report. StockNews.com picked up Mosaic’s coverage in a Thursday, March 31 report. They set a “buy” rating on the stock. Finally, Morgan Stanley raised its price target on Mosaic from $40.00 to $60.00 and gave the company an “equal weight” rating in a Thursday, March 17 research note. One analyst rated the stock with a sell rating, seven gave the company a hold rating and eight gave the company a buy rating. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $66.44.

In addition, Vice President Walter F. Précourt III sold 9,647 Mosaic shares in a transaction dated Monday, April 18. The shares were sold at an average price of $78.00, for a total value of $752,466.00. Following the sale, the vice president now owns 75,000 shares of the company, valued at $5,850,000. The sale was disclosed in a document filed with the SEC, accessible via the SEC’s website. Additionally, director Denise C. Johnson sold 24,427 shares of the company in a trade dated Monday, May 16. The stock was sold at an average price of $65.00, for a total transaction of $1,587,755.00. The disclosure of this sale can be found here. Insiders have sold 89,039 shares of the company valued at $6,499,395 over the past three months. 0.57% of the shares are currently held by company insiders.

MOS shares opened at $46.92 on Monday. The company’s fifty-day simple moving average is $57.45 and its two-hundred-day simple moving average is $54.28. The company has a quick ratio of 0.57, a current ratio of 1.23 and a debt ratio of 0.29. The stock has a market capitalization of $16.98 billion, a P/E ratio of 6.65, a PEG ratio of 0.49 and a beta of 1.64. The Mosaic Company has a 52 week minimum of $28.26 and a 52 week maximum of $79.28.

Mosaic (NYSE:MOS – Get Rating) last released its quarterly results on Monday, May 2. The basic materials company reported EPS of $2.41 for the quarter, missing the consensus estimate of $2.44 per ($0.03). The company posted revenue of $3.92 billion for the quarter, versus a consensus estimate of $4.11 billion. Mosaic had a net margin of 18.99% and a return on equity of 23.80%. In the same quarter a year earlier, the company posted earnings per share of $0.57. On average, analysts expect The Mosaic Company to post EPS of 13.6 for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, June 16. Investors of record on Thursday, June 2 received a dividend of $0.15 per share. This is a boost from Mosaic’s previous quarterly dividend of $0.11. The ex-dividend date was Wednesday, June 1. This represents a dividend of $0.60 on an annualized basis and a yield of 1.28%. Mosaic’s dividend payout ratio is currently 8.50%.

About Mosaic (Get a rating)

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash 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 nutrients, such as diammonium phosphate, monoammonium phosphate and ammonium phosphate products; and phosphate-based feed ingredients primarily under the Biofos and Nexfos brands, as well as a dual sulfate of potash and magnesia product under the K-Mag brand.

See also

Want to see which other hedge funds hold MOS? Visit HoldingsChannel.com for the latest 13F filings and insider trading for The Mosaic Company (NYSE:MOS – Get Rating).

Institutional ownership by quarter for Mosaic (NYSE:MOS)



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