Mosaic Company (The) Target of Unusually Large Options Trading (NYSE:MOS)

Mosaic Company (The) (NYSE:MOS) was the target of some unusual options trading activity on Tuesday. Stock traders bought 574 call options on the stock. This represents an increase of approximately 160% compared to the typical volume of 221 call options.

In other Mosaic Company (The) news, Director Robert L. Lumpkins acquired 7,000 shares of the stock in a transaction on Monday, August 21st. The stock was acquired at an average price of $19.94 per share, for a total transaction of $139,580.00. Following the completion of the transaction, the director now directly owns 9,339 shares of the company’s stock, valued at $186,219.66. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.38% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently modified their holdings of the stock. Turner Investments LLC bought a new position in Mosaic Company (The) during the 1st quarter worth $158,000. Pacer Advisors Inc. grew its stake in Mosaic Company (The) by 8.7% during the 2nd quarter. Pacer Advisors Inc. now owns 7,366 shares of the basic materials company’s stock worth $168,000 after buying an additional 587 shares during the last quarter. Bronfman E.L. Rothschild L.P. grew its stake in Mosaic Company (The) by 878.3% during the 1st quarter. Bronfman E.L. Rothschild L.P. now owns 6,007 shares of the basic materials company’s stock worth $175,000 after buying an additional 5,393 shares during the last quarter. CrestPoint Capital Management LLC bought a new position in Mosaic Company (The) during the 2nd quarter worth $208,000. Finally, Greenwood Capital Associates LLC bought a new position in Mosaic Company (The) during the 1st quarter worth $211,000. Hedge funds and other institutional investors own 76.81% of the company’s stock.

Shares of Mosaic Company (NYSE:MOS) traded up 1.08% during midday trading on Friday, reaching $20.66. 6,355,123 shares of the company traded hands. The stock’s 50-day moving average is $20.72 and its 200-day moving average is $24.31. Mosaic Company has a 1-year low of $19.23 and a 1-year high of $34.36. The stock has a market capitalization of $7.25 billion, a P/E ratio of 49.19 and a beta of 1.27.

Mosaic Company (The) (NYSE:MOS) last issued its quarterly earnings results on Tuesday, August 1st. The basic materials company reported $0.29 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.25 by $0.04. Mosaic Company (The) had a return on equity of 3.31% and a net margin of 2.07%. The business had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.75 billion. During the same period in the previous year, the business earned $0.06 EPS. The business’s quarterly revenue was up 4.7% on a year-over-year basis. Equities analysts predict that Mosaic Company will post $0.76 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 21st. Investors of record on Thursday, September 7th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, September 6th. This represents a $0.60 dividend on an annualized basis and a yield of 2.90%. Mosaic Company (The)’s payout ratio is currently 142.86%.

MOS has been the subject of several analyst reports. Morgan Stanley lowered their target price on shares of Mosaic Company (The) from $27.00 to $25.00 and set an “equal weight” rating for the company in a report on Monday, August 7th. Zacks Investment Research raised shares of Mosaic Company (The) from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 12th. BidaskClub raised shares of Mosaic Company (The) from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. Stifel Nicolaus reissued a “hold” rating and set a $27.00 target price on shares of Mosaic Company (The) in a research report on Friday, July 14th. Finally, Royal Bank Of Canada reissued a “hold” rating and set a $26.00 target price on shares of Mosaic Company (The) in a research report on Wednesday, July 12th. Six analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $25.15.

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Mosaic Company (The) Company 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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