111 Capital Purchases New Stake in The Mosaic Company (NYSE:MOS)

111 Capital purchased a new position in shares of The Mosaic Company (NYSE:MOS - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 30,102 shares of the basic materials company's stock, valued at approximately $740,000.

A number of other institutional investors have also recently bought and sold shares of the business. Intellectus Partners LLC boosted its stake in Mosaic by 3.3% during the fourth quarter. Intellectus Partners LLC now owns 12,350 shares of the basic materials company's stock worth $304,000 after buying an additional 400 shares in the last quarter. Arizona State Retirement System boosted its stake in Mosaic by 0.5% during the fourth quarter. Arizona State Retirement System now owns 92,550 shares of the basic materials company's stock worth $2,275,000 after buying an additional 471 shares in the last quarter. Probity Advisors Inc. boosted its stake in Mosaic by 6.2% during the fourth quarter. Probity Advisors Inc. now owns 8,701 shares of the basic materials company's stock worth $214,000 after buying an additional 508 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in Mosaic by 1.8% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 32,516 shares of the basic materials company's stock worth $799,000 after buying an additional 570 shares in the last quarter. Finally, United Capital Financial Advisors LLC boosted its stake in Mosaic by 7.1% during the fourth quarter. United Capital Financial Advisors LLC now owns 8,947 shares of the basic materials company's stock worth $220,000 after buying an additional 592 shares in the last quarter. Institutional investors and hedge funds own 77.54% of the company's stock.

Analyst Ratings Changes

A number of brokerages have issued reports on MOS. Wall Street Zen raised Mosaic from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd. UBS Group lifted their price objective on Mosaic from $28.00 to $31.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. JPMorgan Chase & Co. lifted their price objective on Mosaic from $29.00 to $35.00 and gave the company an "overweight" rating in a report on Friday, May 9th. Royal Bank of Canada raised Mosaic from a "sector perform" rating to an "outperform" rating and lifted their price target for the company from $30.00 to $40.00 in a report on Thursday, May 8th. Finally, Mizuho dropped their price objective on Mosaic from $29.00 to $28.00 and set a "neutral" rating for the company in a report on Monday, March 3rd. Six investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $34.58.

Mosaic Stock Up 0.7%

Shares of MOS traded up $0.26 on Friday, hitting $36.17. The company's stock had a trading volume of 6,943,846 shares, compared to its average volume of 4,707,900. The firm has a market capitalization of $11.47 billion, a price-to-earnings ratio of 32.01, a P/E/G ratio of 1.42 and a beta of 1.09. The firm's fifty day moving average price is $29.81 and its 200-day moving average price is $27.35. The company has a quick ratio of 0.49, a current ratio of 1.19 and a debt-to-equity ratio of 0.27. The Mosaic Company has a fifty-two week low of $22.36 and a fifty-two week high of $36.34.

Mosaic (NYSE:MOS - Get Free Report) last released its earnings results 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 for the quarter, compared to analysts' expectations of $2.70 billion. During the same quarter in the previous year, the business posted $0.65 EPS. The business's quarterly revenue was down 2.2% compared to the same quarter last year. On average, equities research analysts expect that The Mosaic Company will post 2.04 EPS for the current year.

Mosaic Dividend Announcement

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 dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date is Thursday, June 5th. Mosaic's dividend payout ratio is currently 75.86%.

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.