Swedbank AB Buys 28,816 Shares of The Mosaic Company (NYSE:MOS)

Swedbank AB increased its position in The Mosaic Company (NYSE:MOS - Free Report) by 2.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,269,494 shares of the basic materials company's stock after buying an additional 28,816 shares during the quarter. Swedbank AB owned 0.40% of Mosaic worth $33,997,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Cerity Partners LLC increased its position in shares of Mosaic by 159.0% in the third quarter. Cerity Partners LLC now owns 61,401 shares of the basic materials company's stock valued at $1,644,000 after acquiring an additional 37,695 shares during the period. Charles Schwab Investment Management Inc. raised its position in Mosaic by 44.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,218,410 shares of the basic materials company's stock valued at $86,189,000 after purchasing an additional 986,812 shares during the last quarter. Blackhawk Capital Partners LLC. purchased a new stake in Mosaic in the 3rd quarter worth approximately $272,000. Integrated Investment Consultants LLC grew its position in shares of Mosaic by 50.2% in the 3rd quarter. Integrated Investment Consultants LLC now owns 19,192 shares of the basic materials company's stock worth $514,000 after buying an additional 6,416 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC increased its stake in shares of Mosaic by 13.9% during the third quarter. Thompson Siegel & Walmsley LLC now owns 2,939,404 shares of the basic materials company's stock valued at $78,717,000 after buying an additional 359,760 shares during the period. 77.54% of the stock is owned by hedge funds and other institutional investors.

Mosaic Stock Performance

MOS traded down $0.84 during midday trading on Tuesday, hitting $25.40. 4,270,568 shares of the company traded hands, compared to its average volume of 4,351,502. The company's 50-day moving average is $26.45 and its 200 day moving average is $27.73. 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 firm has a market capitalization 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. 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 posted its earnings results on Tuesday, November 12th. The basic materials company reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.58 by ($0.24). The company had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $3.17 billion. Mosaic had a return on equity of 6.00% and a net margin of 3.24%. The company's revenue for the quarter was down 20.8% on a year-over-year basis. During the same period last year, the firm posted $0.68 EPS. On average, research analysts expect that The Mosaic Company will post 2.11 EPS for the current year.

Mosaic Announces Dividend

The firm 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 yield of 3.31%. Mosaic's dividend payout ratio is currently 74.34%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on MOS. Mizuho lifted their price target on shares of Mosaic from $28.00 to $29.00 and gave the company a "neutral" rating in a report on Wednesday, November 13th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $30.00 target price on shares of Mosaic in a research note on Thursday, November 14th. Barclays decreased their price target 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. Finally, Wells Fargo & Company reduced their target price on 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, four have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $33.22.

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.