Charles Schwab Investment Management Inc. boosted its stake in shares of The Mosaic Company (NYSE:MOS - Free Report) by 44.2% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 3,218,410 shares of the basic materials company's stock after purchasing an additional 986,812 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.01% of Mosaic worth $86,189,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of MOS. Blackhawk Capital Partners LLC. purchased a new position in Mosaic during the third quarter valued at approximately $272,000. Integrated Investment Consultants LLC increased its holdings in shares of Mosaic by 50.2% during the 3rd quarter. Integrated Investment Consultants LLC now owns 19,192 shares of the basic materials company's stock valued at $514,000 after purchasing an additional 6,416 shares in the last quarter. Thompson Siegel & Walmsley LLC lifted its stake in shares of Mosaic by 13.9% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 2,939,404 shares of the basic materials company's stock valued at $78,717,000 after purchasing an additional 359,760 shares during the period. PNC Financial Services Group Inc. boosted its holdings in Mosaic by 9.4% during the third quarter. PNC Financial Services Group Inc. now owns 46,641 shares of the basic materials company's stock worth $1,249,000 after buying an additional 4,012 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG purchased a new position in Mosaic in the third quarter valued at $218,000. Hedge funds and other institutional investors own 77.54% of the company's stock.
Mosaic Stock Performance
Shares of MOS traded up $0.33 during mid-day trading on Thursday, reaching $25.73. 4,162,209 shares of the company's stock were exchanged, compared to its average volume of 4,351,125. The Mosaic Company has a 52-week low of $24.11 and a 52-week high of $38.30. The stock has a market capitalization of $8.17 billion, a PE ratio of 22.77, a price-to-earnings-growth ratio of 1.81 and a beta of 1.35. The business's fifty day simple moving average is $26.44 and its 200-day simple moving average is $27.69. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.49.
Mosaic (NYSE:MOS - Get Free Report) last posted its quarterly earnings results 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 quarterly revenue was down 20.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.68 earnings per share. On average, equities research analysts expect that The Mosaic Company will post 2.07 earnings per share for the current year.
Mosaic Dividend Announcement
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 given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date is Thursday, December 5th. Mosaic's payout ratio is currently 74.34%.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on MOS shares. Wells Fargo & Company lowered their target price on shares of Mosaic from $29.00 to $27.00 and set an "equal weight" rating on the stock in a research note on Tuesday, September 24th. Barclays dropped their price objective on Mosaic from $32.00 to $30.00 and set an "overweight" rating on the stock in a report on Friday, October 11th. 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. Finally, Mizuho increased their target price on Mosaic from $28.00 to $29.00 and gave the company a "neutral" rating in a research report on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $33.22.
View Our Latest Analysis on MOS
About Mosaic
(
Free Report)
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.
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