Quantbot Technologies LP Increases Holdings in The Mosaic Company (NYSE:MOS)

Quantbot Technologies LP grew its stake in The Mosaic Company (NYSE:MOS - Free Report) by 171.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 282,331 shares of the basic materials company's stock after acquiring an additional 178,293 shares during the period. Quantbot Technologies LP owned 0.09% of Mosaic worth $7,561,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of MOS. Manning & Napier Advisors LLC purchased a new position in Mosaic during the 2nd quarter worth $3,610,000. Swedbank AB increased its stake in shares of Mosaic by 6.2% during the second quarter. Swedbank AB now owns 1,240,678 shares of the basic materials company's stock valued at $35,856,000 after buying an additional 71,986 shares during the period. Quarry LP raised its holdings in shares of Mosaic by 131.4% in the second quarter. Quarry LP now owns 38,894 shares of the basic materials company's stock valued at $1,124,000 after acquiring an additional 22,084 shares in the last quarter. Boston Partners lifted its stake in Mosaic by 1,795.5% in the first quarter. Boston Partners now owns 1,279,022 shares of the basic materials company's stock worth $41,496,000 after acquiring an additional 1,211,544 shares during the period. Finally, Herr Investment Group LLC grew its holdings in Mosaic by 1,318.7% during the 2nd quarter. Herr Investment Group LLC now owns 332,209 shares of the basic materials company's stock worth $9,601,000 after acquiring an additional 308,792 shares in the last quarter. Institutional investors own 77.54% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on MOS. Mizuho upped their price target on shares of Mosaic from $28.00 to $29.00 and gave the stock a "neutral" rating in a research report on Wednesday, November 13th. Barclays dropped their target price on Mosaic from $32.00 to $30.00 and set an "overweight" rating on the stock in a research report on Friday, October 11th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $30.00 price target on shares of Mosaic in a report on Thursday, November 14th. Finally, Wells Fargo & Company decreased their price objective on Mosaic from $29.00 to $27.00 and set an "equal weight" rating for the company in a research note on Tuesday, September 24th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $33.22.

Mosaic Price Performance

Shares of MOS stock traded down $0.83 during mid-day trading on Tuesday, hitting $25.40. 4,271,839 shares of the stock were exchanged, compared to its average volume of 4,351,899. 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. The firm has a fifty day moving average of $26.45 and a 200 day moving average of $27.73. The company has a market cap of $8.07 billion, a PE ratio of 23.20, a price-to-earnings-growth ratio of 1.76 and a beta of 1.35.

Mosaic (NYSE:MOS - Get Free Report) last issued 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). The business had revenue of $2.81 billion during the quarter, compared to analyst estimates of $3.17 billion. Mosaic had a net margin of 3.24% and a return on equity of 6.00%. The firm's revenue for the quarter was down 20.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.68 earnings per share. Research analysts anticipate that The Mosaic Company will post 2.11 earnings per share for the current 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 issued a dividend of $0.21 per share. The ex-dividend date is Thursday, December 5th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.31%. Mosaic's 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.