Cerity Partners LLC Purchases 37,695 Shares of The Mosaic Company (NYSE:MOS)

Cerity Partners LLC raised its holdings in shares of The Mosaic Company (NYSE:MOS - Free Report) by 159.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,401 shares of the basic materials company's stock after acquiring an additional 37,695 shares during the quarter. Cerity Partners LLC's holdings in Mosaic were worth $1,644,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Blue Trust Inc. lifted its stake in shares of Mosaic by 40.0% in the 2nd quarter. Blue Trust Inc. now owns 1,229 shares of the basic materials company's stock valued at $36,000 after purchasing an additional 351 shares during the last quarter. Crossmark Global Holdings Inc. raised its holdings in 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 buying an additional 354 shares in the last quarter. Moors & Cabot Inc. lifted its position in shares of Mosaic by 5.0% in the second quarter. Moors & Cabot Inc. now owns 7,958 shares of the basic materials company's stock worth $230,000 after buying an additional 382 shares during the last quarter. CVA Family Office LLC boosted its stake in shares of 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 acquiring an additional 384 shares in the last quarter. Finally, CX Institutional increased its holdings in shares of Mosaic by 1.5% during the 2nd quarter. CX Institutional now owns 28,480 shares of the basic materials company's stock valued at $823,000 after acquiring an additional 418 shares during the last quarter. Institutional investors and hedge funds own 77.54% of the company's stock.

Mosaic Stock Performance

Shares of NYSE:MOS remained flat at $27.58 on Tuesday. 4,220,598 shares of the stock traded hands, compared to its average volume of 4,369,080. The firm's 50 day moving average price is $26.53 and its 200 day moving average price is $27.58. The stock has a market capitalization of $8.76 billion, a price-to-earnings ratio of 24.41, a price-to-earnings-growth ratio of 1.91 and a beta of 1.34. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.49. The Mosaic Company has a one year low of $24.11 and a one year high of $38.30.

Mosaic (NYSE:MOS - Get Free Report) last issued its quarterly earnings results on Tuesday, November 12th. The basic materials company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate 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 the consensus estimate of $3.17 billion. During the same quarter in the prior year, the firm earned $0.68 earnings per share. The company's revenue was down 20.8% on a year-over-year basis. Research analysts predict that The Mosaic Company will post 2.07 earnings per share for the current year.

Mosaic Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date is Thursday, December 5th. Mosaic's payout ratio is 74.34%.

Analyst Ratings Changes

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