Oxbow Advisors LLC Buys 78,688 Shares of The Mosaic Company (NYSE:MOS)

Oxbow Advisors LLC lifted its stake in The Mosaic Company (NYSE:MOS - Free Report) by 63.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 202,297 shares of the basic materials company's stock after purchasing an additional 78,688 shares during the quarter. Oxbow Advisors LLC owned about 0.06% of Mosaic worth $5,418,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in MOS. Kingsview Wealth Management LLC purchased a new stake in shares of Mosaic during the first quarter valued at $1,776,000. Manning & Napier Advisors LLC acquired a new stake in shares of Mosaic during the 2nd quarter worth approximately $3,610,000. Price T Rowe Associates Inc. MD lifted its position in 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 valued at $346,743,000 after buying an additional 10,124,427 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Mosaic by 5.1% in the first quarter. Vanguard Group Inc. now owns 39,357,229 shares of the basic materials company's stock valued at $1,277,536,000 after buying an additional 1,893,797 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Mosaic by 25.3% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 399,210 shares of the basic materials company's stock valued at $12,958,000 after purchasing an additional 80,634 shares in the last quarter. Institutional investors own 77.54% of the company's stock.

Insiders Place Their Bets

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

Mosaic Stock Down 2.2 %

MOS stock traded down $0.61 during trading hours on Friday, reaching $27.73. 3,728,077 shares of the stock were exchanged, compared to its average volume of 3,729,289. The company has a market cap of $8.84 billion, a price-to-earnings ratio of 37.47, a PEG ratio of 1.73 and a beta of 1.35. The firm's 50-day moving average is $26.44 and its 200-day moving average is $28.04. 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 Mosaic Company has a 12 month low of $24.11 and a 12 month high of $38.30.

Mosaic (NYSE:MOS - Get Free Report) last released its quarterly earnings results on Tuesday, August 6th. The basic materials company reported $0.54 earnings per share 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 analyst estimates of $2.90 billion. Mosaic had a return on equity of 6.92% and a net margin of 2.01%. The business's revenue for the quarter was down 17.0% on a year-over-year basis. During the same period in the previous year, the business posted $1.04 earnings per share. On average, equities research analysts expect that The Mosaic Company will post 2.27 earnings per share for the current year.

Mosaic Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were given a dividend of $0.21 per share. The ex-dividend date was Thursday, September 5th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.03%. Mosaic's dividend payout ratio (DPR) is 113.51%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Royal Bank of Canada reiterated a "sector perform" rating and set a $30.00 target price on shares of Mosaic in a research report on Monday, August 12th. Mizuho decreased their price objective on shares of Mosaic from $31.00 to $28.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 9th. Wells Fargo & Company reduced 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 note on Tuesday, September 24th. Finally, Barclays decreased their price target on shares of Mosaic from $32.00 to $30.00 and set an "overweight" rating on the stock in a report on Friday, October 11th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Mosaic presently has an average rating of "Hold" and an average target price of $33.11.

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.