Shares of The Mosaic Company (NYSE:MOS – Get Free Report) have been assigned an average rating of “Hold” from the twenty-three research firms that are presently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a sell recommendation, fourteen have given a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $25.68.
MOS has been the subject of several analyst reports. Mizuho set a $20.00 price objective on Mosaic in a report on Wednesday. Freedom Capital downgraded Mosaic from a “strong-buy” rating to a “strong sell” rating in a research note on Thursday, August 13th. UBS Group reduced their price objective on Mosaic from $23.00 to $19.00 and set a “neutral” rating for the company in a report on Tuesday, October 27th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Mosaic in a report on Wednesday. Finally, Freedom Broker upgraded shares of Mosaic from a “sell” rating to a “hold” rating and set a $17.00 target price on the stock in a research report on Monday, November 2nd.
Check Out Our Latest Report on MOS
Insider Activity
In related news, SVP Walter Precourt, III sold 23,000 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $22.12, for a total value of $508,760.00. Following the completion of the sale, the senior vice president directly owned 116,198 shares in the company, valued at $2,570,299.76. This trade represents a 16.52% 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. Company insiders own 0.31% of the company’s stock.
Institutional Trading of Mosaic
Several hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. purchased a new position in shares of Mosaic during the 2nd quarter valued at about $524,484,000. Dimensional Fund Advisors LP increased its position in shares of Mosaic by 6.2% during the first quarter. Dimensional Fund Advisors LP now owns 14,240,050 shares of the basic materials company’s stock worth $363,110,000 after purchasing an additional 832,914 shares in the last quarter. Donald Smith & CO. Inc. purchased a new stake in shares of Mosaic during the second quarter worth $163,662,000. Nykredit A S purchased a new stake in Mosaic during the 2nd quarter valued at about $108,329,000. Finally, Bank of New York Mellon Corp grew its holdings in Mosaic by 0.6% in the 1st quarter. Bank of New York Mellon Corp now owns 4,136,118 shares of the basic materials company’s stock valued at $105,471,000 after buying an additional 25,109 shares in the last quarter. Hedge funds and other institutional investors own 77.54% of the company’s stock.
Mosaic Stock Performance
Shares of MOS stock opened at $22.32 on Friday. The stock has a 50-day moving average of $21.72 and a 200-day moving average of $23.77. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.34 and a quick ratio of 0.43. The stock has a market cap of $7.09 billion, a PE ratio of -6.30, a price-to-earnings-growth ratio of 6.01 and a beta of 0.88. Mosaic has a one year low of $16.99 and a one year high of $32.25.
Mosaic (NYSE:MOS – Get Free Report) last released its quarterly earnings results on Tuesday, November 3rd. The basic materials company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.18). Mosaic had a negative net margin of 5.21% and a positive return on equity of 3.77%. The company had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same quarter last year, the company earned $1.29 EPS. The firm’s quarterly revenue was down 10.2% compared to the same quarter last year. As a group, sell-side analysts expect that Mosaic will post 0.31 earnings per share for the current year.
Mosaic Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Friday, December 4th. Mosaic’s dividend payout ratio (DPR) is currently -24.86%.
About Mosaic
The Mosaic Company is a global producer and marketer of concentrated phosphate and potash crop nutrients. Its products help farmers supply crops with essential nutrients, including phosphorus and potassium, and are sold under brands such as MicroEssentials, Aspire and K-Mag.
Mosaic operates an integrated fertilizer business that includes phosphate rock mining, processing and manufacturing, as well as potash mining and production. The company also produces animal feed ingredients and other products derived from phosphate operations.
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