CWA Asset Management Group LLC Acquires Shares of 31,143 The Mosaic Company (NYSE:MOS)

CWA Asset Management Group LLC purchased a new stake in shares of The Mosaic Company (NYSE:MOS - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 31,143 shares of the basic materials company's stock, valued at approximately $765,000.

A number of other hedge funds have also modified their holdings of MOS. Crossmark Global Holdings Inc. lifted its stake in shares of Mosaic by 1.5% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 23,345 shares of the basic materials company's stock valued at $625,000 after buying an additional 354 shares in the last quarter. Moors & Cabot Inc. lifted its position in shares of Mosaic by 5.0% in the second quarter. Moors & Cabot Inc. now owns 7,958 shares of the basic materials company's stock valued at $230,000 after acquiring an additional 382 shares in the last quarter. CVA Family Office LLC lifted its position in shares of Mosaic by 23.2% in 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 in the last quarter. V Square Quantitative Management LLC boosted its stake in shares of Mosaic by 5.1% in the third quarter. V Square Quantitative Management LLC now owns 8,764 shares of the basic materials company's stock worth $235,000 after acquiring an additional 426 shares during the period. Finally, GAMMA Investing LLC grew its position in shares of Mosaic by 5.8% during the third quarter. GAMMA Investing LLC now owns 9,498 shares of the basic materials company's stock worth $254,000 after purchasing an additional 517 shares in the last quarter. 77.54% of the stock is currently owned by institutional investors.

Mosaic Trading Down 2.3 %

Shares of Mosaic stock traded down $0.58 on Wednesday, reaching $24.67. The company had a trading volume of 4,589,764 shares, compared to its average volume of 5,019,231. The firm has a market cap of $7.84 billion, a price-to-earnings ratio of 21.83, a P/E/G ratio of 1.85 and a beta of 1.34. 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 firm's 50-day moving average price is $25.89 and its two-hundred day moving average price is $26.84. The Mosaic Company has a 1 year low of $23.56 and a 1 year high of $35.31.

Mosaic (NYSE:MOS - Get Free Report) last posted 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 return on equity of 6.00% and a net margin of 3.24%. The firm had revenue of $2.81 billion for the quarter, compared to analysts' expectations of $3.17 billion. During the same period in the previous year, the firm earned $0.68 earnings per share. The firm's quarterly revenue was down 20.8% compared to the same quarter last year. As a group, research analysts predict that The Mosaic Company will post 2.07 earnings per share for the current fiscal year.

Mosaic Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 3.57%. This is an increase from Mosaic's previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Thursday, March 6th. Mosaic's dividend payout ratio is presently 77.88%.

Wall Street Analysts Forecast Growth

MOS has been the topic of a number of research analyst reports. Wells Fargo & Company lowered their price target on Mosaic from $29.00 to $27.00 and set an "equal weight" rating on the stock in a 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 report on Thursday, November 14th. Oppenheimer started coverage on shares of Mosaic in a research note on Thursday, December 12th. They set a "market perform" rating for the company. Mizuho boosted their price target on shares of Mosaic from $28.00 to $29.00 and gave the stock a "neutral" rating in a research note on Wednesday, November 13th. Finally, Barclays cut their price objective on Mosaic from $32.00 to $30.00 and set an "overweight" rating for the company in a research report on Friday, October 11th. 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $35.40.

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.