The Mosaic Company (NYSE:MOS) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors cut its position in The Mosaic Company (NYSE:MOS) by 16.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,581 shares of the basic materials company’s stock after selling 1,512 shares during the quarter. Captrust Financial Advisors’ holdings in Mosaic were worth $203,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Dimensional Fund Advisors LP grew its stake in shares of Mosaic by 34.6% in the second quarter. Dimensional Fund Advisors LP now owns 6,337,124 shares of the basic materials company’s stock valued at $183,155,000 after buying an additional 1,628,850 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Mosaic by 15.1% in the second quarter. AQR Capital Management LLC now owns 3,311,123 shares of the basic materials company’s stock valued at $95,691,000 after buying an additional 435,598 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Mosaic by 44.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,218,410 shares of the basic materials company’s stock worth $86,189,000 after purchasing an additional 986,812 shares in the last quarter. Thompson Siegel & Walmsley LLC grew its stake in Mosaic by 13.9% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 2,939,404 shares of the basic materials company’s stock worth $78,717,000 after purchasing an additional 359,760 shares in the last quarter. Finally, Donald Smith & CO. Inc. grew its stake in Mosaic by 32.1% during the 3rd quarter. Donald Smith & CO. Inc. now owns 2,751,580 shares of the basic materials company’s stock worth $73,687,000 after purchasing an additional 668,347 shares in the last quarter. 77.54% of the stock is owned by institutional investors and hedge funds.

Mosaic Stock Down 3.5 %

Mosaic stock opened at $25.84 on Tuesday. The Mosaic Company 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 0.49 and a current ratio of 1.19. The company has a market capitalization of $8.21 billion, a P/E ratio of 22.87, a PEG ratio of 1.85 and a beta of 1.34. The stock has a 50-day simple moving average of $26.45 and a 200-day simple moving average of $27.31.

Mosaic (NYSE:MOS) last posted its earnings results on Tuesday, November 12th. The basic materials company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.24). Mosaic had a net margin of 3.24% and a return on equity of 6.00%. The firm had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $3.17 billion. During the same period in the previous year, the firm posted $0.68 earnings per share. The firm’s revenue for the quarter was down 20.8% on a year-over-year basis. Equities research analysts expect that The Mosaic Company will post 2.07 earnings per share for the current year.

Mosaic Dividend Announcement

The business also recently disclosed 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. This represents a $0.84 annualized dividend and a yield of 3.25%. The ex-dividend date is Thursday, December 5th. Mosaic’s dividend payout ratio is presently 74.34%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Oppenheimer assumed coverage on Mosaic in a research note on Thursday, December 12th. They set a “market perform” rating for the company. Royal Bank of Canada reissued a “sector perform” rating and set a $30.00 target price on shares of Mosaic in a research note on Thursday, November 14th. Wells Fargo & Company lowered their target price on Mosaic from $29.00 to $27.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 24th. Mizuho boosted their target price on Mosaic from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 13th. Finally, Barclays lowered their target price on Mosaic from $32.00 to $30.00 and set an “overweight” rating for the company in a research note on Friday, October 11th. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $35.40.

About Mosaic

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.