Mirabella Financial Services LLP Acquires 3,586 Shares of The Mosaic Company (NYSE:MOS)

Mirabella Financial Services LLP boosted its holdings in shares of The Mosaic Company (NYSE:MOS) by 28.5% in the third quarter, Holdings Channel.com reports. The fund owned 16,182 shares of the basic materials company’s stock after buying an additional 3,586 shares during the quarter. Mirabella Financial Services LLP’s holdings in Mosaic were worth $433,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in MOS. Dimensional Fund Advisors LP grew its stake in shares of Mosaic by 34.6% during the second quarter. Dimensional Fund Advisors LP now owns 6,337,124 shares of the basic materials company’s stock worth $183,155,000 after purchasing an additional 1,628,850 shares during the period. Boston Partners boosted its holdings in Mosaic by 1,795.5% during the first quarter. Boston Partners now owns 1,279,022 shares of the basic materials company’s stock worth $41,496,000 after buying an additional 1,211,544 shares during the last quarter. Swedbank AB acquired a new position in shares of Mosaic during the 1st quarter worth about $37,936,000. Charles Schwab Investment Management Inc. increased its stake in shares of Mosaic by 44.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,218,410 shares of the basic materials company’s stock valued at $86,189,000 after acquiring an additional 986,812 shares during the last quarter. Finally, Donald Smith & CO. Inc. raised its position in shares of Mosaic by 84.7% in the 2nd quarter. Donald Smith & CO. Inc. now owns 2,083,233 shares of the basic materials company’s stock valued at $60,205,000 after acquiring an additional 955,199 shares during the period. Institutional investors own 77.54% of the company’s stock.

Mosaic Price Performance

Shares of NYSE MOS opened at $26.22 on Tuesday. The company has a fifty day moving average price of $26.44 and a 200 day moving average price of $27.76. The firm has a market cap of $8.33 billion, a PE ratio of 23.20, a PEG ratio of 1.76 and a beta of 1.35. The company has a current ratio of 1.19, a quick ratio of 0.49 and a debt-to-equity ratio of 0.27. The Mosaic Company has a 1-year low of $24.11 and a 1-year high of $38.30.

Mosaic (NYSE:MOS) last issued its quarterly earnings results on Tuesday, November 12th. The basic materials company reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.24). The firm had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $3.17 billion. Mosaic had a net margin of 3.24% and a return on equity of 6.00%. The business’s revenue for the quarter was down 20.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.68 earnings per share. Research analysts predict that The Mosaic Company will post 2.11 earnings per share for the current fiscal year.

Mosaic Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be paid a dividend of $0.21 per share. The ex-dividend date is Thursday, December 5th. This represents a $0.84 annualized dividend and a dividend yield of 3.20%. Mosaic’s dividend payout ratio is currently 74.34%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on MOS. Royal Bank of Canada restated a “sector perform” rating and set a $30.00 price objective on shares of Mosaic in a report on Thursday, November 14th. Wells Fargo & Company decreased their price target on shares of Mosaic from $29.00 to $27.00 and set an “equal weight” rating for the company in a report on Tuesday, September 24th. Barclays dropped their price objective on Mosaic from $32.00 to $30.00 and set an “overweight” rating on the stock in a research note on Friday, October 11th. Finally, Mizuho boosted their target price on Mosaic from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $33.22.

About Mosaic

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 Mosaic Fertilizantes. 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, as well as produces a double sulfate of potash magnesia product under K-Mag brand name.