Caxton Associates LP Buys Shares of 15,249 The Mosaic Company (NYSE:MOS)

Caxton Associates LP acquired a new position in The Mosaic Company (NYSE:MOS - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 15,249 shares of the basic materials company's stock, valued at approximately $375,000.

Other hedge funds also recently bought and sold shares of the company. Invesco Ltd. boosted its position in shares of Mosaic by 29.3% in the 4th quarter. Invesco Ltd. now owns 13,507,131 shares of the basic materials company's stock worth $332,005,000 after purchasing an additional 3,058,243 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Mosaic by 24.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 11,041,218 shares of the basic materials company's stock worth $271,382,000 after acquiring an additional 2,151,426 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Mosaic by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 8,621,001 shares of the basic materials company's stock valued at $218,751,000 after acquiring an additional 269,650 shares in the last quarter. Northern Trust Corp raised its position in shares of Mosaic by 5.9% in the 4th quarter. Northern Trust Corp now owns 5,171,642 shares of the basic materials company's stock valued at $127,119,000 after purchasing an additional 287,493 shares during the last quarter. Finally, Norges Bank acquired a new stake in Mosaic in the 4th quarter worth approximately $97,363,000. Hedge funds and other institutional investors own 77.54% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on MOS. Morgan Stanley decreased their price target on shares of Mosaic from $40.00 to $30.00 and set an "equal weight" rating for the company in a report on Monday, January 13th. UBS Group lifted their price target on Mosaic from $28.00 to $31.00 and gave the stock a "neutral" rating in a research report on Wednesday. Royal Bank of Canada raised Mosaic from a "sector perform" rating to an "outperform" rating and increased their price objective for the company from $30.00 to $40.00 in a report on Thursday. Scotiabank raised their price target on shares of Mosaic from $31.00 to $34.00 and gave the stock a "sector outperform" rating in a research report on Wednesday, March 19th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Mosaic from $29.00 to $35.00 and gave the company an "overweight" rating in a report on Friday. Six investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $32.17.

Mosaic Price Performance

Shares of NYSE MOS traded up $0.42 during trading on Friday, hitting $32.67. The company had a trading volume of 4,674,325 shares, compared to its average volume of 4,654,611. The firm has a market capitalization 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. The Mosaic Company has a fifty-two week low of $22.36 and a fifty-two week high of $32.71. The stock has a fifty day simple moving average of $27.13 and a two-hundred day simple moving average of $26.54. The company has a quick ratio of 0.49, a current ratio of 1.19 and a debt-to-equity ratio of 0.27.

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

Mosaic Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 19th. Shareholders of record on Thursday, June 5th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date is Thursday, June 5th. 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.