The Mosaic Company (NYSE:MOS) Receives Average Rating of “Hold” from Analysts

Shares of The Mosaic Company (NYSE:MOS) have been given an average recommendation of “Hold” by the nine analysts that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $33.33.

A number of research firms recently weighed in on MOS. UBS Group cut their target price on shares of Mosaic from $33.00 to $30.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 9th. Royal Bank of Canada reissued a “sector perform” rating and issued a $30.00 price objective on shares of Mosaic in a research report on Monday, August 12th. Wells Fargo & Company decreased 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 report on Tuesday, September 24th. Mizuho dropped their target price on Mosaic from $31.00 to $28.00 and set a “neutral” rating on the stock in a report on Wednesday. Finally, Barclays cut their price target on Mosaic from $39.00 to $32.00 and set an “overweight” rating on the stock in a research note on Friday, August 16th.

Mosaic Trading Up 4.4 %

Shares of MOS stock opened at $26.38 on Friday. The stock has a market capitalization of $8.49 billion, a P/E ratio of 11.23, a price-to-earnings-growth ratio of 1.60 and a beta of 1.35. Mosaic has a fifty-two week low of $24.11 and a fifty-two 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 company has a 50 day moving average price of $26.82 and a 200 day moving average price of $28.77.

Mosaic (NYSE:MOS) last posted its quarterly earnings data on Tuesday, August 6th. The basic materials company reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.12). The company had revenue of $2.82 billion for the quarter, compared to analysts’ expectations of $2.90 billion. Mosaic had a return on equity of 6.92% and a net margin of 2.01%. The firm’s revenue was down 17.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.04 EPS. Equities research analysts predict that Mosaic will post 2.26 EPS for the current fiscal year.

Mosaic Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 3.18%. The ex-dividend date was Thursday, September 5th. Mosaic’s dividend payout ratio (DPR) is 35.74%.

Insider Activity

In other news, SVP Walter F. Precourt III sold 39,748 shares of Mosaic stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $27.96, for a total value of $1,111,354.08. Following the transaction, the senior vice president now directly owns 136,682 shares of the company’s stock, valued at $3,821,628.72. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other Mosaic news, Director Kelvin R. Westbrook sold 12,666 shares of Mosaic stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $27.32, for a total value of $346,035.12. Following the transaction, the director now directly owns 34,359 shares in the company, valued at approximately $938,687.88. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Walter F. Precourt III sold 39,748 shares of the business’s stock in a transaction that occurred on Tuesday, August 13th. The shares were sold at an average price of $27.96, for a total value of $1,111,354.08. Following the completion of the transaction, the senior vice president now directly owns 136,682 shares in the company, valued at approximately $3,821,628.72. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.86% of the company’s stock.

Hedge Funds Weigh In On Mosaic

Hedge funds and other institutional investors have recently bought and sold shares of the company. CVA Family Office LLC boosted its holdings in shares of Mosaic by 23.2% in the third quarter. CVA Family Office LLC now owns 2,037 shares of the basic materials company’s stock valued at $55,000 after acquiring an additional 384 shares in the last quarter. Exchange Traded Concepts LLC purchased a new position in Mosaic during the third quarter worth about $102,000. Fiduciary Financial Group LLC lifted its position in Mosaic by 20.1% in the third quarter. Fiduciary Financial Group LLC now owns 12,162 shares of the basic materials company’s stock valued at $314,000 after purchasing an additional 2,037 shares during the period. Unison Advisors LLC purchased a new stake in Mosaic in the 3rd quarter valued at approximately $734,000. Finally, CWM LLC increased its position in Mosaic by 41.2% during the 3rd quarter. CWM LLC now owns 16,738 shares of the basic materials company’s stock worth $448,000 after purchasing an additional 4,888 shares during the period. 77.54% of the stock is currently owned by hedge funds and other institutional investors.

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.