63,695 The Mosaic Company $MOS Shares Bought by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP lifted its holdings in shares of The Mosaic Company (NYSE:MOS – Free Report) by 309.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 84,250 shares of the basic materials company’s stock after acquiring an additional 63,695 shares during the period. Fulcrum Asset Management LLP’s holdings in Mosaic were worth $1,889,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Allspring Global Investments Holdings LLC increased its holdings in Mosaic by 23.5% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 22,562 shares of the basic materials company’s stock worth $486,000 after purchasing an additional 4,296 shares in the last quarter. StoneRidge PMG Advisors LLC bought a new position in shares of Mosaic in the third quarter valued at approximately $387,000. Uhlmann Price Securities LLC bought a new position in shares of Mosaic in the third quarter valued at approximately $1,587,000. Ethic Inc. bought a new position in shares of Mosaic in the third quarter valued at approximately $319,000. Finally, Pictet Asset Management Holding SA boosted its position in shares of Mosaic by 3.6% during the third quarter. Pictet Asset Management Holding SA now owns 61,710 shares of the basic materials company’s stock valued at $1,336,000 after buying an additional 2,171 shares during the last quarter. Institutional investors and hedge funds own 77.54% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Walter Precourt, III sold 23,000 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $22.12, for a total transaction of $508,760.00. Following the completion of the transaction, the senior vice president directly owned 116,198 shares of the company’s stock, valued at $2,570,299.76. This represents a 16.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.31% of the stock is currently owned by insiders.

Mosaic Price Performance

Shares of NYSE:MOS opened at $22.98 on Wednesday. The company’s 50-day moving average is $21.68 and its 200 day moving average is $23.72. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.54 and a current ratio of 1.50. The company has a market capitalization of $7.30 billion, a P/E ratio of -6.49, a price-to-earnings-growth ratio of 19.45 and a beta of 0.88. The Mosaic Company has a fifty-two week low of $16.99 and a fifty-two week high of $32.25.

Mosaic (NYSE:MOS – Get Free Report) last posted its quarterly earnings data on Tuesday, November 3rd. The basic materials company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.18). Mosaic had a positive return on equity of 0.58% and a negative net margin of 9.43%. The company had revenue of $3.10 billion for the quarter, compared to analysts’ expectations of $3.05 billion. During the same quarter last year, the business posted $1.29 EPS. The business’s quarterly revenue was down 10.2% on a year-over-year basis. On average, equities research analysts forecast that The Mosaic Company will post 0.11 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. Shareholders of record on Friday, December 4th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Friday, December 4th. Mosaic’s payout ratio is presently -24.86%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Freedom Broker upgraded Mosaic from a “sell” rating to a “hold” rating and set a $17.00 price target for the company in a report on Monday, November 2nd. Freedom Capital lowered Mosaic from a “strong-buy” rating to a “strong sell” rating in a research report on Thursday, August 13th. Zacks Research upgraded Mosaic from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 21st. Mizuho set a $20.00 price objective on shares of Mosaic in a report on Wednesday, November 4th. Finally, Canadian Imperial Bank of Commerce cut their price objective on shares of Mosaic from $25.00 to $22.00 and set a “neutral” rating on the stock in a report on Friday, October 23rd. Six research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Mosaic currently has an average rating of “Hold” and a consensus target price of $25.58.

Check Out Our Latest Research Report on MOS

Mosaic Profile

(Free Report)

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. Its products help farmers supply crops with essential nutrients, and the company also makes phosphate-based animal feed ingredients and products for industrial applications. Mosaic’s operations include phosphate mining and processing in the United States and potash mining in Canada. Through its Brazilian operations, Mosaic Fertilizantes, the company produces, blends and distributes crop nutrients and related products in Brazil and other markets in South America.

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Institutional Ownership by Quarter for Mosaic (NYSE:MOS)

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