Janus Henderson Group PLC Decreases Stock Position in The Mosaic Company (NYSE:MOS)

Janus Henderson Group PLC cut its holdings in The Mosaic Company (NYSE:MOS - Free Report) by 34.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 273,000 shares of the basic materials company's stock after selling 141,693 shares during the period. Janus Henderson Group PLC owned approximately 0.09% of Mosaic worth $7,310,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in MOS. CWM LLC boosted its holdings in Mosaic by 151.6% during the 2nd quarter. CWM LLC now owns 11,850 shares of the basic materials company's stock valued at $342,000 after acquiring an additional 7,141 shares during the period. QRG Capital Management Inc. increased its stake in shares of Mosaic by 50.2% in the second quarter. QRG Capital Management Inc. now owns 24,243 shares of the basic materials company's stock worth $701,000 after buying an additional 8,098 shares during the period. Czech National Bank increased its stake in shares of Mosaic by 6.5% in the second quarter. Czech National Bank now owns 61,245 shares of the basic materials company's stock worth $1,770,000 after buying an additional 3,746 shares during the period. Diversified Trust Co bought a new stake in Mosaic during the 2nd quarter valued at $204,000. Finally, Wealth Enhancement Advisory Services LLC boosted its position in Mosaic by 13.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 40,385 shares of the basic materials company's stock valued at $1,167,000 after buying an additional 4,915 shares during the period. 77.54% of the stock is currently owned by hedge funds and other institutional investors.

Mosaic Stock Down 0.7 %

Shares of MOS stock traded down $0.19 during mid-day trading on Tuesday, reaching $25.82. 4,383,309 shares of the company's stock traded hands, compared to its average volume of 4,364,757. The company's 50-day moving average price is $26.47 and its 200-day moving average price is $27.40. The company has a market cap of $8.20 billion, a P/E ratio of 22.85, a P/E/G ratio of 1.77 and a beta of 1.34. 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 12 month low of $24.11 and a 12 month high of $38.30.

Mosaic (NYSE:MOS - Get Free Report) last posted 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). Mosaic had a return on equity of 6.00% and a net margin of 3.24%. 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 previous year, the firm earned $0.68 EPS. The company's revenue was down 20.8% on a year-over-year basis. On average, equities analysts expect that The Mosaic Company will post 2.07 earnings per share for the current fiscal year.

Mosaic Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Investors 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 3.25%. The ex-dividend date of this dividend is Thursday, December 5th. Mosaic's dividend payout ratio (DPR) is presently 74.34%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $30.00 price objective on shares of Mosaic in a research note on Thursday, November 14th. Barclays dropped their price objective on Mosaic from $32.00 to $30.00 and set an "overweight" rating for the company in a report on Friday, October 11th. CIBC started coverage on Mosaic in a research report on Tuesday. They issued a "neutral" rating and a $55.00 price objective on the stock. Wells Fargo & Company decreased their target price on Mosaic from $29.00 to $27.00 and set an "equal weight" rating for the company in a report on Tuesday, September 24th. Finally, 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. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $35.40.

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.