Banque Cantonale Vaudoise Purchases 31,766 Shares of The Mosaic Company (NYSE:MOS)

Banque Cantonale Vaudoise raised its holdings in shares of The Mosaic Company (NYSE:MOS - Free Report) by 67.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 79,014 shares of the basic materials company's stock after purchasing an additional 31,766 shares during the period. Banque Cantonale Vaudoise's holdings in Mosaic were worth $2,117,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in MOS. Highlander Capital Management LLC boosted its holdings in Mosaic by 515.4% in the first quarter. Highlander Capital Management LLC now owns 800 shares of the basic materials company's stock worth $26,000 after purchasing an additional 670 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of Mosaic by 40.0% during the 2nd quarter. Blue Trust Inc. now owns 1,229 shares of the basic materials company's stock valued at $36,000 after buying an additional 351 shares during the period. ANTIPODES PARTNERS Ltd purchased a new position in shares of Mosaic in the 2nd quarter worth $46,000. Kimelman & Baird LLC bought a new stake in shares of Mosaic in the second quarter worth $49,000. Finally, CVA Family Office LLC increased its position in Mosaic by 23.2% during the third quarter. CVA Family Office LLC now owns 2,037 shares of the basic materials company's stock valued at $55,000 after acquiring an additional 384 shares during the last quarter. 77.54% of the stock is currently owned by hedge funds and other institutional investors.

Mosaic Stock Up 0.2 %

MOS opened at $25.44 on Thursday. The stock has a market cap of $8.11 billion, a price-to-earnings ratio of 22.51, a price-to-earnings-growth ratio of 1.67 and a beta of 1.35. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.49 and a current ratio of 1.19. The firm's fifty day moving average is $26.42 and its 200 day moving average is $27.84. The Mosaic Company has a fifty-two week low of $24.11 and a fifty-two week high of $38.30.

Mosaic (NYSE:MOS - Get Free Report) last announced its quarterly earnings data on Tuesday, November 12th. The basic materials company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.24). Mosaic had a net margin of 3.24% and a return on equity of 6.00%. The business had revenue of $2.81 billion during the quarter, compared to analysts' expectations of $3.17 billion. During the same quarter in the previous year, the firm earned $0.68 earnings per share. Mosaic's revenue was down 20.8% on a year-over-year basis. On average, sell-side analysts forecast that The Mosaic Company will post 2.18 earnings per share for the current fiscal year.

Mosaic Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 3.30%. The ex-dividend date of this dividend is Thursday, December 5th. Mosaic's dividend payout ratio (DPR) is currently 74.34%.

Analysts Set New Price Targets

MOS has been the topic of several research reports. Royal Bank of Canada reissued a "sector perform" rating and issued a $30.00 target price on shares of Mosaic in a research report on Thursday, November 14th. Barclays cut their target price on shares of Mosaic from $32.00 to $30.00 and set an "overweight" rating for the company in a research report on Friday, October 11th. Mizuho increased their price target on shares of Mosaic from $28.00 to $29.00 and gave the stock a "neutral" rating in a research report on Wednesday, November 13th. Finally, Wells Fargo & Company cut their price objective on shares of Mosaic from $29.00 to $27.00 and set an "equal weight" rating for the company in a research report on Tuesday, September 24th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently 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.