Brevan Howard Capital Management LP Purchases Shares of 54,809 The Mosaic Company (NYSE:MOS)

Brevan Howard Capital Management LP purchased a new position in shares of The Mosaic Company (NYSE:MOS - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 54,809 shares of the basic materials company's stock, valued at approximately $1,347,000.

A number of other large investors have also bought and sold shares of the stock. Brooklyn Investment Group increased its position in Mosaic by 110.8% during the 4th quarter. Brooklyn Investment Group now owns 1,117 shares of the basic materials company's stock valued at $27,000 after purchasing an additional 587 shares during the period. R Squared Ltd bought a new position in Mosaic in the fourth quarter worth $33,000. Tobam purchased a new position in Mosaic during the fourth quarter valued at $38,000. Heck Capital Advisors LLC bought a new stake in shares of Mosaic during the 4th quarter valued at $41,000. Finally, Ethos Financial Group LLC purchased a new stake in shares of Mosaic in the 4th quarter worth about $55,000. 77.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on MOS. The Goldman Sachs Group initiated coverage on shares of Mosaic in a research note on Thursday, March 13th. They set a "buy" rating and a $31.00 price objective on the stock. JPMorgan Chase & Co. upgraded Mosaic from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $26.00 to $29.00 in a research note on Monday, March 3rd. Morgan Stanley dropped their target price on Mosaic from $40.00 to $30.00 and set an "equal weight" rating on the stock in a report on Monday, January 13th. Barclays upgraded Mosaic from an "equal weight" rating to an "overweight" rating and raised their price target for the company from $27.00 to $33.00 in a report on Wednesday, March 19th. Finally, Wells Fargo & Company upped their price target on shares of Mosaic from $26.00 to $28.00 and gave the stock an "equal weight" rating in a research note on Wednesday, March 19th. Seven analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Mosaic has a consensus rating of "Moderate Buy" and an average target price of $32.67.

Mosaic Stock Performance

Shares of MOS opened at $31.56 on Thursday. The firm has a market capitalization of $10.00 billion, a P/E ratio of 27.93, a PEG ratio of 1.42 and a beta of 1.09. 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 business has a fifty day moving average of $26.75 and a 200 day moving average of $26.46. The Mosaic Company has a one year low of $22.36 and a one year high of $32.29.

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

Mosaic Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Stockholders of record on Thursday, June 5th will be paid a $0.22 dividend. The ex-dividend date is Thursday, June 5th. This represents a $0.88 annualized dividend and a dividend yield of 2.79%. Mosaic's dividend payout ratio (DPR) is 160.00%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.