Barclays PLC Has $32.39 Million Stake in The Mosaic Company (NYSE:MOS)

Barclays PLC reduced its position in The Mosaic Company (NYSE:MOS - Free Report) by 10.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,209,573 shares of the basic materials company's stock after selling 135,565 shares during the quarter. Barclays PLC owned approximately 0.38% of Mosaic worth $32,391,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Blue Trust Inc. lifted its stake in Mosaic by 40.0% in the second 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 last quarter. Crossmark Global Holdings Inc. grew its holdings in Mosaic by 1.5% during the third quarter. Crossmark Global Holdings Inc. now owns 23,345 shares of the basic materials company's stock worth $625,000 after acquiring an additional 354 shares during the period. Moors & Cabot Inc. lifted its stake in Mosaic by 5.0% during the second quarter. Moors & Cabot Inc. now owns 7,958 shares of the basic materials company's stock valued at $230,000 after purchasing an additional 382 shares during the last quarter. CVA Family Office LLC lifted its position in shares of Mosaic by 23.2% during the 3rd 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. Finally, V Square Quantitative Management LLC boosted its position in shares of Mosaic by 5.1% in the 3rd quarter. V Square Quantitative Management LLC now owns 8,764 shares of the basic materials company's stock valued at $235,000 after purchasing an additional 426 shares during the period. 77.54% of the stock is currently owned by institutional investors.

Mosaic Price Performance

Shares of MOS traded up $0.13 during mid-day trading on Friday, reaching $26.79. The company had a trading volume of 3,141,038 shares, compared to its average volume of 4,361,818. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.49. The company's 50-day moving average is $26.45 and its 200-day moving average is $27.33. The Mosaic Company has a twelve month low of $24.11 and a twelve month high of $38.30. The company has a market capitalization of $8.51 billion, a P/E ratio of 23.71, a P/E/G ratio of 1.85 and a beta of 1.34.

Mosaic (NYSE:MOS - Get Free Report) last announced its earnings results on Tuesday, November 12th. The basic materials company reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.58 by ($0.24). The firm had revenue of $2.81 billion for the quarter, compared to analyst estimates of $3.17 billion. Mosaic had a return on equity of 6.00% and a net margin of 3.24%. The company's revenue for the quarter was down 20.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.68 EPS. On average, equities analysts anticipate that The Mosaic Company will post 2.07 EPS for the current year.

Mosaic Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be given a dividend of $0.21 per share. The ex-dividend date is Thursday, December 5th. This represents a $0.84 dividend on an annualized basis and a yield of 3.14%. Mosaic's dividend payout ratio (DPR) is presently 74.34%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Wells Fargo & Company lowered their price objective on shares of Mosaic from $29.00 to $27.00 and set an "equal weight" rating on the stock in a research report on Tuesday, September 24th. 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. CIBC assumed coverage on Mosaic in a report on Tuesday. They set a "neutral" rating and a $55.00 price objective on the stock. Mizuho lifted their target price on shares of Mosaic from $28.00 to $29.00 and gave the stock a "neutral" rating in a report on Wednesday, November 13th. Finally, Oppenheimer initiated coverage on Mosaic in a research report on Thursday. They issued a "market perform" rating on the stock. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, Mosaic has a consensus rating of "Hold" and an average price target of $35.40.

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.