GAMMA Investing LLC Increases Holdings in The Mosaic Company (NYSE:MOS)

GAMMA Investing LLC boosted its position in The Mosaic Company (NYSE:MOS - Free Report) by 3,838.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 450,662 shares of the basic materials company's stock after buying an additional 439,218 shares during the period. GAMMA Investing LLC owned approximately 0.14% of Mosaic worth $12,172,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. 111 Capital acquired a new stake in Mosaic in the fourth quarter valued at $740,000. PKO Investment Management Joint Stock Co acquired a new position in shares of Mosaic during the 4th quarter worth $270,000. Probity Advisors Inc. raised its stake in shares of Mosaic by 6.2% during the 4th 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 during the last quarter. Siemens Fonds Invest GmbH acquired a new position in Mosaic in the 4th quarter valued at about $224,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Mosaic in the 4th quarter valued at about $5,214,000. 77.54% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Mosaic news, SVP Walter F. Precourt III sold 18,000 shares of the firm's stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $35.73, for a total transaction of $643,140.00. Following the transaction, the senior vice president now directly owns 128,546 shares in the company, valued at approximately $4,592,948.58. This trade represents a 12.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.50% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on MOS shares. JPMorgan Chase & Co. boosted their target price on Mosaic from $29.00 to $35.00 and gave the stock an "overweight" rating in a report on Friday, May 9th. CIBC increased their target price on Mosaic from $32.00 to $33.00 and gave the stock a "neutral" rating in a research report on Friday, May 9th. Barclays reissued an "overweight" rating and issued a $40.00 price target (up previously from $33.00) on shares of Mosaic in a research note on Wednesday, May 14th. UBS Group raised their target price on Mosaic from $28.00 to $31.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Finally, BNP Paribas raised Mosaic to a "strong-buy" rating in a report on Wednesday, April 9th. Seven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $34.58.

Mosaic Stock Down 4.4%

MOS traded down $1.60 during trading on Friday, reaching $34.80. 11,022,767 shares of the stock were exchanged, compared to its average volume of 4,754,750. The stock has a market cap of $11.04 billion, a P/E ratio of 30.80, a price-to-earnings-growth ratio of 1.42 and a beta of 1.14. The Mosaic Company has a twelve month low of $22.36 and a twelve month high of $37.69. The stock's 50 day moving average price is $30.73 and its two-hundred day moving average price is $27.71. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.49 and a current ratio of 1.19.

Mosaic (NYSE:MOS - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The basic materials company reported $0.49 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $2.70 billion. During the same period in the previous year, the business posted $0.65 earnings per share. The company's revenue for the quarter was down 2.2% compared to the same quarter last year. Equities analysts expect that The Mosaic Company will post 2.04 EPS 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 dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 2.53%. The ex-dividend date is Thursday, June 5th. Mosaic's payout ratio is 75.86%.

Mosaic 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.