The Mosaic Company $MOS Shares Acquired by Edmond DE Rothschild Holding S.A.

Key Points

• Edmond DE Rothschild Holding S.A. has increased its stake in The Mosaic Company by 5.1% during the first quarter, now owning 920,000 shares valued at approximately $24.8 million.
• Mosaic recently disclosed a quarterly dividend of $0.22 per share, with a dividend yield of 2.7% and a payout ratio of 29.83%.
• The company reported a quarterly earnings per share of $0.51, underperforming the analysts' estimate of $0.71, with revenue of $3.01 billion.

Edmond DE Rothschild Holding S.A. raised its stake in shares of The Mosaic Company (NYSE:MOS - Free Report) by 5.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 920,000 shares of the basic materials company's stock after purchasing an additional 45,000 shares during the period. Edmond DE Rothschild Holding S.A. owned 0.29% of Mosaic worth $24,849,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in MOS. Mercer Global Advisors Inc. ADV boosted its holdings in Mosaic by 17.3% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 16,205 shares of the basic materials company's stock valued at $398,000 after acquiring an additional 2,390 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Mosaic by 58.4% during the 4th quarter. BNP Paribas Financial Markets now owns 1,148,774 shares of the basic materials company's stock worth $28,237,000 after purchasing an additional 423,546 shares during the period. Caxton Associates LP purchased a new stake in shares of Mosaic during the 4th quarter worth about $375,000. Captrust Financial Advisors grew its holdings in shares of Mosaic by 27.5% during the 4th quarter. Captrust Financial Advisors now owns 9,668 shares of the basic materials company's stock worth $238,000 after purchasing an additional 2,087 shares during the period. Finally, Brevan Howard Capital Management LP purchased a new stake in shares of Mosaic during the 4th quarter worth about $1,347,000. Institutional investors and hedge funds own 77.54% of the company's stock.

Mosaic Stock Down 1.2%

Shares of MOS stock traded down $0.39 during trading hours on Tuesday, hitting $32.20. 1,467,861 shares of the company were exchanged, compared to its average volume of 5,443,177. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.44 and a current ratio of 1.14. The Mosaic Company has a one year low of $22.36 and a one year high of $38.23. The business's 50-day simple moving average is $34.58 and its two-hundred day simple moving average is $31.71. The stock has a market capitalization of $10.22 billion, a price-to-earnings ratio of 10.91, a P/E/G ratio of 1.51 and a beta of 0.99.

Mosaic (NYSE:MOS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.20). Mosaic had a return on equity of 4.74% and a net margin of 8.35%.The company had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3.11 billion. During the same period in the previous year, the business posted $0.54 EPS. The business's revenue for the quarter was up 6.7% on a year-over-year basis. Sell-side analysts predict that The Mosaic Company will post 2.04 EPS for the current fiscal year.

Mosaic Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Monday, September 8th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Monday, September 8th. Mosaic's dividend payout ratio is presently 29.83%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on MOS. Royal Bank Of Canada reiterated an "outperform" rating on shares of Mosaic in a report on Monday, July 14th. Oppenheimer reiterated an "outperform" rating and issued a $43.00 price target (up from $39.00) on shares of Mosaic in a report on Tuesday, July 15th. JPMorgan Chase & Co. increased their price target on Mosaic from $35.00 to $37.00 and gave the company an "overweight" rating in a report on Monday, August 11th. Wells Fargo & Company lowered their price target on Mosaic from $38.00 to $34.00 and set an "equal weight" rating for the company in a report on Thursday, August 7th. Finally, Scotiabank lowered their price target on Mosaic from $42.00 to $39.00 and set a "sector outperform" rating for the company in a report on Monday, August 11th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $36.42.

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.