The Mosaic Company (NYSE:MOS) Shares Acquired by Northwest & Ethical Investments L.P.

Northwest & Ethical Investments L.P. boosted its stake in The Mosaic Company (NYSE:MOS) by 2.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,168 shares of the basic materials company’s stock after purchasing an additional 1,034 shares during the period. Northwest & Ethical Investments L.P.’s holdings in Mosaic were worth $1,343,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in MOS. Janus Henderson Group PLC raised its holdings in shares of Mosaic by 7.6% during the 1st quarter. Janus Henderson Group PLC now owns 196,328 shares of the basic materials company’s stock valued at $6,372,000 after buying an additional 13,898 shares during the period. Atria Investments Inc purchased a new stake in shares of Mosaic during the first quarter valued at approximately $1,197,000. Boston Partners lifted its position in shares of 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 purchasing an additional 1,211,544 shares in the last quarter. Confluence Investment Management LLC boosted its stake in shares of Mosaic by 11.9% in the second quarter. Confluence Investment Management LLC now owns 12,141 shares of the basic materials company’s stock valued at $351,000 after purchasing an additional 1,293 shares during the period. Finally, GAMMA Investing LLC grew its holdings in Mosaic by 292.5% during the 2nd quarter. GAMMA Investing LLC now owns 8,981 shares of the basic materials company’s stock valued at $260,000 after purchasing an additional 6,693 shares in the last quarter. 77.54% of the stock is owned by hedge funds and other institutional investors.

Mosaic Stock Performance

MOS stock opened at $26.46 on Friday. The firm has a market cap of $8.40 billion, a P/E ratio of 23.42, a P/E/G ratio of 1.78 and a beta of 1.35. The stock’s 50 day simple moving average is $26.44 and its 200 day simple moving average is $27.66. 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 12-month low of $24.11 and a 12-month high of $38.30.

Mosaic (NYSE:MOS) last issued its earnings results on Tuesday, November 12th. The basic materials company reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.24). Mosaic had a return on equity of 6.00% and a net margin of 3.24%. The business had revenue of $2.81 billion for the quarter, compared to analyst estimates of $3.17 billion. During the same period last year, the company posted $0.68 earnings per share. The firm’s revenue for the quarter was down 20.8% on a year-over-year basis. As a group, equities research analysts predict that The Mosaic Company will post 2.07 EPS for the current year.

Mosaic Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be paid a $0.21 dividend. The ex-dividend date is Thursday, December 5th. This represents a $0.84 dividend on an annualized basis and a yield of 3.17%. Mosaic’s payout ratio is currently 74.34%.

Analyst Upgrades and Downgrades

MOS has been the topic of a number of recent analyst reports. Mizuho boosted their price objective on shares of Mosaic from $28.00 to $29.00 and gave the stock a “neutral” rating in a report on Wednesday, November 13th. Barclays reduced their price target on Mosaic from $32.00 to $30.00 and set an “overweight” rating for the company in a report on Friday, October 11th. 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. Finally, Wells Fargo & Company reduced their target price on Mosaic from $29.00 to $27.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 24th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Mosaic has an average rating of “Hold” and an average price target of $33.22.

Mosaic Profile

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.