Signaturefd LLC Boosts Stake in The Mosaic Company (NYSE:MOS)

Signaturefd LLC raised its position in The Mosaic Company (NYSE:MOS) by 136.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,652 shares of the basic materials company’s stock after purchasing an additional 2,685 shares during the quarter. Signaturefd LLC’s holdings in Mosaic were worth $125,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Highlander Capital Management LLC raised its position in Mosaic by 515.4% in the 1st quarter. Highlander Capital Management LLC now owns 800 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 670 shares during the period. Blue Trust Inc. raised its position in Mosaic by 40.0% in the 2nd quarter. Blue Trust Inc. now owns 1,229 shares of the basic materials company’s stock worth $36,000 after purchasing an additional 351 shares during the period. Fidelis Capital Partners LLC purchased a new stake in Mosaic in the 1st quarter worth about $50,000. ANTIPODES PARTNERS Ltd purchased a new stake in Mosaic in the 2nd quarter worth about $46,000. Finally, Kimelman & Baird LLC purchased a new stake in Mosaic in the 2nd quarter worth about $49,000. 77.54% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on MOS shares. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $30.00 target price on shares of Mosaic in a research report on Monday, August 12th. UBS Group decreased their price target on shares of Mosaic from $33.00 to $30.00 and set a “neutral” rating for the company in a research note on Tuesday, July 9th. Mizuho decreased their price target on shares of Mosaic from $31.00 to $28.00 and set a “neutral” rating for the company in a research note on Wednesday, October 9th. Wells Fargo & Company decreased their price target on shares of Mosaic from $29.00 to $27.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 24th. Finally, Barclays decreased their price target on shares of Mosaic from $32.00 to $30.00 and set an “overweight” rating for the company in a research note on Friday, October 11th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $33.11.

Mosaic Stock Performance

Shares of NYSE:MOS opened at $27.25 on Tuesday. The company has a market capitalization of $8.77 billion, a price-to-earnings ratio of 11.60, a price-to-earnings-growth ratio of 1.66 and a beta of 1.35. The Mosaic Company has a 52 week low of $24.11 and a 52 week high of $38.30. The company has a quick ratio of 0.54, a current ratio of 1.16 and a debt-to-equity ratio of 0.27. The firm has a 50 day moving average of $26.60 and a 200 day moving average of $28.25.

Mosaic (NYSE:MOS) last issued its quarterly earnings data on Tuesday, August 6th. The basic materials company reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.12). The business had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.90 billion. Mosaic had a return on equity of 6.92% and a net margin of 2.01%. The business’s quarterly revenue was down 17.0% on a year-over-year basis. During the same period last year, the firm earned $1.04 EPS. On average, sell-side analysts predict that The Mosaic Company will post 2.27 earnings per share for the current fiscal year.

Mosaic Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 3.08%. The ex-dividend date was Thursday, September 5th. Mosaic’s dividend payout ratio is currently 35.74%.

Insiders Place Their Bets

In other Mosaic 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 approximately $3,821,628.72. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Kelvin R. Westbrook sold 12,666 shares of the business’s stock in a transaction on Monday, August 12th. The shares were sold at an average price of $27.32, for a total transaction of $346,035.12. Following the sale, the director now directly owns 34,359 shares of the company’s stock, valued at $938,687.88. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 sale, the senior vice president now directly owns 136,682 shares in the company, valued at $3,821,628.72. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.86% of the company’s stock.

Mosaic 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.