Analysts Set The Mosaic Company (NYSE:MOS) Target Price at $33.11

Shares of The Mosaic Company (NYSE:MOS - Get Free Report) have earned an average recommendation of "Hold" from the nine research firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $33.11.

MOS has been the topic of several analyst reports. Royal Bank of Canada reiterated a "sector perform" rating and set a $30.00 price target on shares of Mosaic in a report on Monday, August 12th. UBS Group decreased their price target on Mosaic from $33.00 to $30.00 and set a "neutral" rating for the company in a research note on Tuesday, July 9th. Wells Fargo & Company dropped their price objective on Mosaic from $29.00 to $27.00 and set an "equal weight" rating for the company in a report on Tuesday, September 24th. Barclays decreased their target price on Mosaic from $32.00 to $30.00 and set an "overweight" rating for the company in a research report on Friday, October 11th. Finally, Mizuho cut their price target on shares of Mosaic from $31.00 to $28.00 and set a "neutral" rating on the stock in a report on Wednesday, October 9th.

Mosaic Trading Down 0.9 %

Shares of NYSE:MOS traded down $0.25 during trading on Tuesday, hitting $28.08. The company had a trading volume of 3,094,904 shares, compared to its average volume of 4,337,978. The stock has a market cap of $8.95 billion, a price-to-earnings ratio of 38.28, a price-to-earnings-growth ratio of 1.69 and a beta of 1.35. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.16 and a quick ratio of 0.54. The company has a fifty day simple moving average of $26.50 and a two-hundred day simple moving average of $28.10. Mosaic has a one year low of $24.11 and a one year high of $38.30.

Mosaic (NYSE:MOS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 6th. The basic materials company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.12). The firm had revenue of $2.82 billion for the quarter, compared to analysts' expectations of $2.90 billion. Mosaic had a return on equity of 6.92% and a net margin of 2.01%. The firm's quarterly revenue was down 17.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.04 earnings per share. As a group, equities analysts forecast that Mosaic will post 2.27 earnings per share for the current year.

Mosaic Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date of this dividend was Thursday, September 5th. Mosaic's dividend payout ratio (DPR) is presently 113.51%.

Insider Buying and Selling at Mosaic

In related news, SVP Walter F. Precourt III sold 39,748 shares of Mosaic stock in a transaction that occurred on Tuesday, August 13th. The shares were sold at an average price of $27.96, for a total transaction of $1,111,354.08. Following the transaction, the senior vice president now directly owns 136,682 shares of the company's stock, valued at $3,821,628.72. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. In related news, SVP Walter F. Precourt III sold 39,748 shares of the firm's stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of $27.96, for a total transaction of $1,111,354.08. Following the sale, the senior vice president now owns 136,682 shares of the company's stock, valued at $3,821,628.72. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Kelvin R. Westbrook sold 12,666 shares of Mosaic stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $27.32, for a total value of $346,035.12. Following the completion of the transaction, the director now owns 34,359 shares in the company, valued at $938,687.88. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.86% of the company's stock.

Institutional Investors Weigh In On Mosaic

Institutional investors have recently bought and sold shares of the company. Kingsview Wealth Management LLC acquired a new stake in Mosaic in the first quarter worth about $1,776,000. Manning & Napier Advisors LLC purchased a new stake in Mosaic during the 2nd quarter worth approximately $3,610,000. Duality Advisers LP increased its stake in Mosaic by 523.0% during the 1st quarter. Duality Advisers LP now owns 216,388 shares of the basic materials company's stock valued at $7,024,000 after purchasing an additional 181,654 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Mosaic by 1,815.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 10,682,108 shares of the basic materials company's stock worth $346,743,000 after buying an additional 10,124,427 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of Mosaic by 5.1% during the first quarter. Vanguard Group Inc. now owns 39,357,229 shares of the basic materials company's stock worth $1,277,536,000 after buying an additional 1,893,797 shares during the period. 77.54% of the stock is currently owned by institutional investors and hedge funds.

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.