GSA Capital Partners LLP Invests $244,000 in The Mosaic Company (NYSE:MOS)

GSA Capital Partners LLP acquired a new stake in shares of The Mosaic Company (NYSE:MOS) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 9,123 shares of the basic materials company’s stock, valued at approximately $244,000.

Other institutional investors have also bought and sold shares of the company. Highlander Capital Management LLC lifted its stake in Mosaic by 515.4% during the first quarter. Highlander Capital Management LLC now owns 800 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 670 shares during the last quarter. Blue Trust Inc. boosted its stake 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. ANTIPODES PARTNERS Ltd purchased a new position in Mosaic during the 2nd quarter worth approximately $46,000. Kimelman & Baird LLC acquired a new stake in Mosaic during the 2nd quarter valued at $49,000. Finally, CVA Family Office LLC lifted 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 purchasing an additional 384 shares in the last quarter. Institutional investors and hedge funds own 77.54% of the company’s stock.

Mosaic Trading Down 0.1 %

Shares of NYSE:MOS opened at $26.03 on Friday. The stock has a market cap of $8.27 billion, a PE ratio of 23.04, a P/E/G ratio of 1.77 and a beta of 1.35. 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. The business has a 50 day moving average of $26.44 and a 200-day moving average of $27.79.

Mosaic (NYSE:MOS) last announced its earnings results 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). The business had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $3.17 billion. Mosaic had a return on equity of 6.00% and a net margin of 3.24%. The firm’s revenue for the quarter was down 20.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.68 earnings per share. As a group, equities research analysts forecast that The Mosaic Company will post 2.11 earnings per share for the current year.

Mosaic Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.23%. Mosaic’s payout ratio is presently 74.34%.

Analyst Upgrades and Downgrades

Several research firms recently commented on MOS. 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 report on Friday, October 11th. Mizuho boosted their price target on Mosaic from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 13th. Wells Fargo & Company lowered their price target on Mosaic from $29.00 to $27.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 24th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $30.00 price objective on shares of Mosaic in a report on Thursday, November 14th. 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 MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $33.22.

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.