Versor Investments LP Acquires 76,942 Shares of The Mosaic Company (NYSE:MOS)

Versor Investments LP raised its holdings in The Mosaic Company (NYSE:MOS - Free Report) by 920.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 85,300 shares of the basic materials company's stock after purchasing an additional 76,942 shares during the quarter. Versor Investments LP's holdings in Mosaic were worth $2,284,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of MOS. Crossmark Global Holdings Inc. boosted its stake in Mosaic by 1.5% in 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. Oxbow Advisors LLC boosted its stake in shares of Mosaic by 63.7% in the 3rd quarter. Oxbow Advisors LLC now owns 202,297 shares of the basic materials company's stock valued at $5,418,000 after purchasing an additional 78,688 shares in the last quarter. Confluence Investment Management LLC grew its holdings in shares of Mosaic by 12.5% during the 3rd quarter. Confluence Investment Management LLC now owns 13,664 shares of the basic materials company's stock valued at $366,000 after purchasing an additional 1,523 shares during the last quarter. Olympiad Research LP acquired a new position in Mosaic during the 3rd quarter worth approximately $209,000. Finally, 1834 Investment Advisors Co. bought a new position in Mosaic in the 3rd quarter valued at approximately $286,000. Institutional investors own 77.54% of the company's stock.

Insider Transactions at Mosaic

In related news, SVP Walter F. Precourt III sold 39,748 shares of the business's stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $27.96, for a total transaction of $1,111,354.08. Following the transaction, the senior vice president now owns 136,682 shares in the company, valued at $3,821,628.72. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.86% of the company's stock.

Mosaic Trading Up 1.1 %

Shares of NYSE:MOS traded up $0.30 during trading on Monday, reaching $28.03. The stock had a trading volume of 3,444,323 shares, compared to its average volume of 4,340,965. The Mosaic Company has a 52 week low of $24.11 and a 52 week high of $38.30. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.54 and a current ratio of 1.16. The firm's fifty day moving average is $26.44 and its 200 day moving average is $28.02. The stock has a market cap of $8.93 billion, a price-to-earnings ratio of 37.88, a P/E/G ratio of 1.74 and a beta of 1.35.

Mosaic Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were issued a dividend of $0.21 per share. The ex-dividend date was Thursday, September 5th. This represents a $0.84 dividend on an annualized basis and a yield of 3.00%. Mosaic's payout ratio is currently 113.51%.

Wall Street Analysts Forecast Growth

MOS has been the subject of several research analyst reports. Wells Fargo & Company lowered their price target on shares of Mosaic from $29.00 to $27.00 and set an "equal weight" rating for the company in a report on Tuesday, September 24th. Barclays cut their price target on Mosaic from $32.00 to $30.00 and set an "overweight" rating on the stock in a research note on Friday, October 11th. Mizuho lowered their price objective on Mosaic from $31.00 to $28.00 and set a "neutral" rating for the company in a research note on Wednesday, October 9th. Finally, Royal Bank of Canada reiterated a "sector perform" rating and set a $30.00 target price on shares of Mosaic in a research report on Monday, August 12th. 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. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $33.11.

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.