Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of The Mosaic Company (NYSE:MOS - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 46,700 shares of the basic materials company's stock, valued at approximately $1,251,000.
Several other large investors have also bought and sold shares of MOS. Dimensional Fund Advisors LP boosted its position in shares of Mosaic by 34.6% during the second quarter. Dimensional Fund Advisors LP now owns 6,337,124 shares of the basic materials company's stock valued at $183,155,000 after purchasing an additional 1,628,850 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Mosaic by 44.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,218,410 shares of the basic materials company's stock worth $86,189,000 after acquiring an additional 986,812 shares in the last quarter. Donald Smith & CO. Inc. lifted its position in Mosaic by 84.7% during the 2nd quarter. Donald Smith & CO. Inc. now owns 2,083,233 shares of the basic materials company's stock valued at $60,205,000 after acquiring an additional 955,199 shares during the period. AQR Capital Management LLC boosted its stake in Mosaic by 15.1% during the second quarter. AQR Capital Management LLC now owns 3,311,123 shares of the basic materials company's stock worth $95,691,000 after acquiring an additional 435,598 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC increased its stake in shares of Mosaic by 13.9% during the third quarter. Thompson Siegel & Walmsley LLC now owns 2,939,404 shares of the basic materials company's stock valued at $78,717,000 after purchasing an additional 359,760 shares in the last quarter. 77.54% of the stock is owned by institutional investors.
Mosaic Price Performance
Mosaic stock traded up $1.11 during midday trading on Monday, reaching $27.58. 7,008,323 shares of the stock traded hands, compared to its average volume of 4,364,953. The stock has a market cap of $8.76 billion, a P/E ratio of 23.42, a PEG ratio of 1.83 and a beta of 1.35. The Mosaic Company has a 12 month low of $24.11 and a 12 month high of $38.30. The stock's fifty day moving average is $26.44 and its 200-day moving average is $27.62. The company has a quick ratio of 0.49, a current ratio of 1.19 and a debt-to-equity ratio of 0.27.
Mosaic (NYSE:MOS - Get Free Report) last released 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 for the quarter, compared to the consensus estimate of $3.17 billion. During the same quarter last year, the business earned $0.68 EPS. Mosaic's revenue for the quarter was down 20.8% compared to the same quarter last year. As a group, equities research analysts anticipate that The Mosaic Company will post 2.07 EPS for the current year.
Mosaic Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 3.05%. The ex-dividend date of this dividend is Thursday, December 5th. Mosaic's dividend payout ratio (DPR) is 74.34%.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on the company. Barclays reduced 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. 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. Wells Fargo & Company lowered their price objective on Mosaic from $29.00 to $27.00 and set an "equal weight" rating on the stock in a research report on Tuesday, September 24th. Finally, Royal Bank of Canada reiterated a "sector perform" rating and set a $30.00 target price on shares of Mosaic in a research note on Thursday, November 14th. One investment 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. According to MarketBeat.com, Mosaic presently has an average rating of "Hold" and a consensus price target of $33.22.
Check Out Our Latest Research Report on Mosaic
Mosaic Company Profile
(
Free Report)
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.
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