Quadrature Capital Ltd Sells 23,161 Shares of The Mosaic Company (NYSE:MOS)

Quadrature Capital Ltd lowered its stake in shares of The Mosaic Company (NYSE:MOS - Free Report) by 60.8% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 14,930 shares of the basic materials company's stock after selling 23,161 shares during the period. Quadrature Capital Ltd's holdings in Mosaic were worth $400,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC lifted its position in shares of Mosaic by 151.6% during the 2nd quarter. CWM LLC now owns 11,850 shares of the basic materials company's stock worth $342,000 after buying an additional 7,141 shares in the last quarter. QRG Capital Management Inc. increased its stake in shares of Mosaic by 50.2% during the 2nd quarter. QRG Capital Management Inc. now owns 24,243 shares of the basic materials company's stock worth $701,000 after purchasing an additional 8,098 shares during the last quarter. Czech National Bank raised its holdings in shares of Mosaic by 6.5% in the 2nd quarter. Czech National Bank now owns 61,245 shares of the basic materials company's stock worth $1,770,000 after purchasing an additional 3,746 shares during the period. Diversified Trust Co purchased a new position in Mosaic in the second quarter valued at approximately $204,000. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in Mosaic by 13.9% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 40,385 shares of the basic materials company's stock valued at $1,167,000 after purchasing an additional 4,915 shares during the period. 77.54% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

MOS has been the topic of a number of recent research reports. CIBC began coverage on Mosaic in a research report on Tuesday. They set a "neutral" rating and a $55.00 price target on the stock. Barclays reduced their target price on shares of Mosaic from $32.00 to $30.00 and set an "overweight" rating for the company in a research note on Friday, October 11th. Royal Bank of Canada restated a "sector perform" rating and set a $30.00 price target on shares of Mosaic in a research note on Thursday, November 14th. Mizuho boosted their target price on shares of Mosaic from $28.00 to $29.00 and gave the company a "neutral" rating in a report on Wednesday, November 13th. Finally, Wells Fargo & Company cut their price target on Mosaic from $29.00 to $27.00 and set an "equal weight" rating for the company in a report on Tuesday, September 24th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Mosaic currently has a consensus rating of "Hold" and an average price target of $35.40.

Mosaic Price Performance

Shares of MOS stock traded up $0.05 during trading on Tuesday, hitting $26.06. The company had a trading volume of 2,190,695 shares, compared to its average volume of 4,355,227. The stock's 50-day moving average is $26.49 and its two-hundred day moving average is $27.43. The stock has a market capitalization of $8.28 billion, a price-to-earnings ratio of 23.13, a price-to-earnings-growth ratio of 1.77 and a beta of 1.34. The company has a quick ratio of 0.49, a current ratio of 1.19 and a debt-to-equity ratio of 0.27. The Mosaic Company has a 52 week low of $24.11 and a 52 week high of $38.30.

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

Mosaic Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 3.22%. The ex-dividend date is Thursday, December 5th. Mosaic's dividend payout ratio is currently 74.34%.

Mosaic Company 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.