7,908 Shares in The Mosaic Company (NYSE:MOS) Bought by Paragon Capital Management Ltd

Paragon Capital Management Ltd purchased a new position in shares of The Mosaic Company (NYSE:MOS - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,908 shares of the basic materials company's stock, valued at approximately $214,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in MOS. NBC Securities Inc. bought a new stake in Mosaic during the first quarter valued at about $26,000. Compagnie Lombard Odier SCmA bought a new stake in Mosaic during the first quarter valued at about $27,000. Heck Capital Advisors LLC bought a new stake in Mosaic during the fourth quarter valued at about $41,000. Ethos Financial Group LLC bought a new stake in Mosaic during the fourth quarter valued at about $55,000. Finally, ANTIPODES PARTNERS Ltd boosted its holdings in Mosaic by 115.1% in the fourth quarter. ANTIPODES PARTNERS Ltd now owns 3,166 shares of the basic materials company's stock worth $78,000 after acquiring an additional 1,694 shares in the last quarter. Institutional investors own 77.54% of the company's stock.

Mosaic Stock Performance

Shares of NYSE:MOS traded up $1.13 during trading on Friday, hitting $35.72. The stock had a trading volume of 8,010,606 shares, compared to its average volume of 4,815,265. The Mosaic Company has a 12-month low of $22.36 and a 12-month high of $37.69. The stock has a market capitalization of $11.33 billion, a price-to-earnings ratio of 31.61, a price-to-earnings-growth ratio of 1.42 and a beta of 1.14. 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 stock has a 50-day simple moving average of $31.76 and a two-hundred day simple moving average of $28.02.

Mosaic (NYSE:MOS - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The basic materials company reported $0.49 earnings per share (EPS) for the quarter, topping 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 analysts' expectations of $2.70 billion. During the same period last 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. On average, equities research analysts expect that The Mosaic Company will post 2.04 earnings per share for the current fiscal year.

Mosaic Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Shareholders of record on Thursday, June 5th will be given a $0.22 dividend. The ex-dividend date of this dividend is Thursday, June 5th. This represents a $0.88 annualized dividend and a yield of 2.46%. Mosaic's dividend payout ratio is presently 75.86%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on MOS shares. Mizuho lowered their price target on Mosaic from $29.00 to $28.00 and set a "neutral" rating for the company in a report on Monday, March 3rd. Wells Fargo & Company raised their price target on Mosaic from $28.00 to $35.00 and gave the stock an "equal weight" rating in a report on Monday, May 12th. Royal Bank of Canada raised Mosaic from a "sector perform" rating to an "outperform" rating and raised their price target for the stock from $30.00 to $40.00 in a report on Thursday, May 8th. Oppenheimer raised their price target on Mosaic from $33.00 to $40.00 and gave the stock an "outperform" rating in a report on Tuesday, May 13th. Finally, CIBC raised their price target on Mosaic from $32.00 to $33.00 and gave the stock a "neutral" rating in a report on Friday, May 9th. Seven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Mosaic currently has an average rating of "Moderate Buy" and an average price target of $34.58.

Insider Transactions at Mosaic

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

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.