The Mosaic Company (NYSE:MOS) Stock Holdings Lowered by Sanctuary Advisors LLC

Sanctuary Advisors LLC reduced its stake in The Mosaic Company (NYSE:MOS - Free Report) by 75.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,581 shares of the basic materials company's stock after selling 35,328 shares during the period. Sanctuary Advisors LLC's holdings in Mosaic were worth $301,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Crossmark Global Holdings Inc. raised its stake in shares of Mosaic by 1.5% during the third quarter. Crossmark Global Holdings Inc. now owns 23,345 shares of the basic materials company's stock valued at $625,000 after purchasing an additional 354 shares during the period. Moors & Cabot Inc. grew its holdings in Mosaic by 5.0% during the 2nd quarter. Moors & Cabot Inc. now owns 7,958 shares of the basic materials company's stock valued at $230,000 after purchasing an additional 382 shares in the last quarter. CVA Family Office LLC increased its stake in Mosaic by 23.2% during the 3rd quarter. CVA Family Office LLC now owns 2,037 shares of the basic materials company's stock worth $55,000 after buying an additional 384 shares during the period. V Square Quantitative Management LLC lifted its holdings in Mosaic by 5.1% in the 3rd quarter. V Square Quantitative Management LLC now owns 8,764 shares of the basic materials company's stock worth $235,000 after buying an additional 426 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in Mosaic by 5.8% in the 3rd quarter. GAMMA Investing LLC now owns 9,498 shares of the basic materials company's stock valued at $254,000 after buying an additional 517 shares during the last quarter. 77.54% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently issued reports on MOS shares. 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. Oppenheimer initiated coverage on Mosaic in a report on Thursday, December 12th. They set a "market perform" rating on the stock. CIBC began coverage on Mosaic in a research note on Tuesday, December 10th. They set a "neutral" rating and a $55.00 target price for the company. Royal Bank of Canada reissued a "sector perform" rating and set a $30.00 price target on shares of Mosaic in a research report on Thursday, November 14th. Finally, Wells Fargo & Company cut their price target on shares of Mosaic from $29.00 to $27.00 and set an "equal weight" rating on the stock in a report on Tuesday, September 24th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $35.40.

Mosaic Stock Performance

MOS stock traded down $0.21 during trading on Friday, hitting $23.87. 2,922,044 shares of the company's stock traded hands, compared to its average volume of 4,351,259. The stock has a market capitalization of $7.58 billion, a price-to-earnings ratio of 21.12, a price-to-earnings-growth ratio of 1.85 and a beta of 1.34. The Mosaic Company has a 52 week low of $23.60 and a 52 week high of $37.29. The stock has a fifty day moving average price of $26.15 and a two-hundred day moving average price of $26.97. 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 announced its quarterly earnings data 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 business had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $3.17 billion. During the same period in the prior year, the company earned $0.68 EPS. Mosaic's quarterly revenue was down 20.8% on a year-over-year basis. As a group, equities analysts anticipate that The Mosaic Company will post 2.07 EPS for the current fiscal year.

Mosaic Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.69%. This is a boost from Mosaic's previous quarterly dividend of $0.21. The ex-dividend date is Thursday, March 6th. Mosaic's dividend payout ratio is presently 77.88%.

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.