Blue Capital Inc. Acquires New Stake in The Mosaic Company (NYSE:MOS)

Blue Capital Inc. acquired a new position in The Mosaic Company (NYSE:MOS - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 16,000 shares of the basic materials company's stock, valued at approximately $393,000.

Several other large investors also recently added to or reduced their stakes in MOS. Norges Bank bought a new position in shares of Mosaic in the fourth quarter worth about $97,363,000. Invesco Ltd. boosted its position in Mosaic by 29.3% during the 4th quarter. Invesco Ltd. now owns 13,507,131 shares of the basic materials company's stock valued at $332,005,000 after acquiring an additional 3,058,243 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Mosaic by 24.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 11,041,218 shares of the basic materials company's stock valued at $271,382,000 after acquiring an additional 2,151,426 shares during the period. Criteria Caixa S.A.U. bought a new position in shares of Mosaic in the 4th quarter worth $36,231,000. Finally, Covalis Capital LLP purchased a new stake in shares of Mosaic during the 4th quarter worth $27,031,000. 77.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Oppenheimer raised shares of Mosaic from a "market perform" rating to an "outperform" rating and set a $33.00 target price for the company in a research report on Thursday, March 20th. Barclays raised shares of Mosaic from an "equal weight" rating to an "overweight" rating and boosted their price objective for the company from $27.00 to $33.00 in a report on Wednesday, March 19th. BNP Paribas raised Mosaic to a "strong-buy" rating in a report on Wednesday, April 9th. CIBC increased their price target on Mosaic from $32.00 to $33.00 and gave the stock a "neutral" rating in a research report on Friday. Finally, Wells Fargo & Company upped their price objective on Mosaic from $26.00 to $28.00 and gave the stock an "equal weight" rating in a research report on Wednesday, March 19th. Six equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $32.17.

Mosaic Stock Up 1.3 %

Shares of Mosaic stock traded up $0.42 during trading on Friday, hitting $32.67. 4,674,325 shares of the stock were exchanged, compared to its average volume of 4,647,094. The firm's 50-day moving average price is $27.13 and its 200 day moving average price is $26.54. The Mosaic Company has a 12-month low of $22.36 and a 12-month high of $32.71. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.49. The stock has a market cap of $10.35 billion, a price-to-earnings ratio of 28.91, a price-to-earnings-growth ratio of 1.42 and a beta of 1.09.

Mosaic (NYSE:MOS - Get Free Report) last posted its earnings results on Tuesday, May 6th. The basic materials company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.04. The business had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.70 billion. Mosaic had a return on equity of 6.00% and a net margin of 3.24%. The business's quarterly revenue was down 2.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.65 EPS. As a group, analysts forecast that The Mosaic Company will post 2.04 earnings per share for the current fiscal year.

Mosaic Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 19th. Stockholders of record on Thursday, June 5th will be issued a $0.22 dividend. The ex-dividend date of this dividend is Thursday, June 5th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.69%. Mosaic's payout ratio is 160.00%.

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.