Worldquant Millennium Advisors LLC reduced its stake in shares of The Mosaic Company (NYSE:MOS - Free Report) by 52.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 211,275 shares of the basic materials company's stock after selling 236,324 shares during the quarter. Worldquant Millennium Advisors LLC owned approximately 0.07% of Mosaic worth $5,658,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the stock. Blue Trust Inc. increased its position in shares of Mosaic by 40.0% during the second quarter. Blue Trust Inc. now owns 1,229 shares of the basic materials company's stock valued at $36,000 after buying an additional 351 shares during the period. ANTIPODES PARTNERS Ltd purchased a new position in shares of Mosaic during the 2nd quarter worth approximately $46,000. Kimelman & Baird LLC purchased a new position in shares of Mosaic during the 2nd quarter worth approximately $49,000. Larson Financial Group LLC raised its position in shares of Mosaic by 180,900.0% in the 3rd quarter. Larson Financial Group LLC now owns 1,810 shares of the basic materials company's stock worth $48,000 after acquiring an additional 1,809 shares in the last quarter. Finally, CVA Family Office LLC lifted its stake in shares of Mosaic by 23.2% in the 3rd quarter. CVA Family Office LLC now owns 2,037 shares of the basic materials company's stock valued at $55,000 after purchasing an additional 384 shares during the period. 77.54% of the stock is currently owned by institutional investors.
Mosaic Stock Down 0.1 %
Mosaic stock traded down $0.03 during trading hours on Friday, hitting $25.58. The stock had a trading volume of 3,238,415 shares, compared to its average volume of 4,376,588. The stock's 50-day moving average price is $26.51 and its 200-day moving average price is $27.50. The Mosaic Company has a 12-month low of $24.11 and a 12-month high of $38.30. 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 stock has a market capitalization of $8.13 billion, a P/E ratio of 22.64, a price-to-earnings-growth ratio of 1.85 and a beta of 1.34.
Mosaic (NYSE:MOS - Get Free Report) last announced its quarterly earnings data on Tuesday, November 12th. The basic materials company reported $0.34 earnings per share for the quarter, missing analysts' consensus estimates of $0.58 by ($0.24). The firm had revenue of $2.81 billion during the quarter, compared to analysts' expectations of $3.17 billion. Mosaic had a return on equity of 6.00% and a net margin of 3.24%. Mosaic's revenue was down 20.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.68 earnings per share. Equities research analysts anticipate that The Mosaic Company will post 2.07 EPS for the current fiscal year.
Mosaic Announces Dividend
The firm 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. The ex-dividend date is Thursday, December 5th. This represents a $0.84 annualized dividend and a dividend yield of 3.28%. Mosaic's dividend payout ratio (DPR) is presently 74.34%.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on the company. Royal Bank of Canada reiterated a "sector perform" rating and issued a $30.00 price objective on shares of Mosaic in a report on Thursday, November 14th. Barclays reduced their target price on shares of Mosaic from $32.00 to $30.00 and set an "overweight" rating on the stock in a research report on Friday, October 11th. Mizuho lifted their price target on shares of Mosaic from $28.00 to $29.00 and gave the company a "neutral" rating in a research report on Wednesday, November 13th. Finally, Wells Fargo & Company dropped their price objective 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. One research 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 stock has an average rating of "Hold" and a consensus price target of $33.22.
Get Our Latest Analysis on Mosaic
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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