The Mosaic Company $MOS Shares Newly Acquired by Uhlmann Price Securities LLC

Key Points

• Uhlmann Price Securities initiated a position in Mosaic, buying 73,109 shares worth approximately $1.59 million in the third quarter. Other institutional investors also added or opened positions; institutions and hedge funds own 77.54% of the stock.
• Mosaic reported quarterly adjusted earnings per share of a loss of $0.19, missing analyst expectations of a loss of $0.01. Revenue of $3.10 billion topped forecasts but fell 10.2% year over year.
• Analysts’ consensus rating is Hold, with an average price target of $25.68. Mosaic also announced a quarterly dividend of $0.22 per share, equivalent to an annualized yield of about 3.9%.

Uhlmann Price Securities LLC bought a new position in shares of The Mosaic Company (NYSE:MOS - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 73,109 shares of the basic materials company's stock, valued at approximately $1,587,000.

Several other hedge funds and other institutional investors have also made changes to their positions in MOS. Ethic Inc. acquired a new stake in Mosaic during the third quarter worth approximately $319,000. Pictet Asset Management Holding SA boosted its holdings in shares of Mosaic by 3.6% in the 3rd quarter. Pictet Asset Management Holding SA now owns 61,710 shares of the basic materials company's stock valued at $1,336,000 after buying an additional 2,171 shares in the last quarter. Parallel Advisors LLC grew its position in shares of Mosaic by 22.7% in the 3rd quarter. Parallel Advisors LLC now owns 9,597 shares of the basic materials company's stock valued at $208,000 after buying an additional 1,773 shares during the last quarter. Guidance Capital Inc. grew its position in shares of Mosaic by 4.5% in the 3rd quarter. Guidance Capital Inc. now owns 50,295 shares of the basic materials company's stock valued at $1,089,000 after buying an additional 2,160 shares during the last quarter. Finally, Allegiance Financial Group Advisory Services LLC purchased a new position in shares of Mosaic in the 3rd quarter valued at $230,000. Institutional investors and hedge funds own 77.54% of the company's stock.

Insiders Place Their Bets

In other Mosaic news, SVP Walter Precourt, III sold 23,000 shares of the stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $22.12, for a total transaction of $508,760.00. Following the completion of the sale, the senior vice president directly owned 116,198 shares of the company's stock, valued at approximately $2,570,299.76. This trade represents a 16.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.31% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently commented on MOS shares. Mizuho set a $20.00 price target on shares of Mosaic in a research note on Wednesday. UBS Group decreased their price objective on shares of Mosaic from $23.00 to $19.00 and set a "neutral" rating for the company in a research note on Tuesday, October 27th. Freedom Capital downgraded shares of Mosaic from a "strong-buy" rating to a "strong sell" rating in a research note on Thursday, August 13th. lowered Mosaic from an "outperform" rating to a "sector perform" rating and dropped their price objective for the stock from $27.00 to $25.00 in a report on Monday, October 5th. Finally, Canadian Imperial Bank of Commerce cut their target price on Mosaic from $25.00 to $22.00 and set a "neutral" rating on the stock in a research report on Friday, October 23rd. Six research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Mosaic currently has an average rating of "Hold" and a consensus target price of $25.68.

Mosaic Price Performance

Shares of NYSE MOS opened at $22.32 on Friday. The stock has a market cap of $7.09 billion, a P/E ratio of -6.30, a P/E/G ratio of 7.06 and a beta of 0.88. The Mosaic Company has a twelve month low of $16.99 and a twelve month high of $32.25. The stock has a 50 day moving average of $21.72 and a two-hundred day moving average of $23.77. The company has a current ratio of 1.50, a quick ratio of 0.43 and a debt-to-equity ratio of 0.46.

Mosaic (NYSE:MOS - Get Free Report) last announced its earnings results on Tuesday, November 3rd. The basic materials company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.18). The business had revenue of $3.10 billion for the quarter, compared to analysts' expectations of $3.05 billion. Mosaic had a positive return on equity of 0.58% and a negative net margin of 9.43%. The business's revenue was down 10.2% on a year-over-year basis. During the same quarter last year, the business posted $1.29 earnings per share. On average, research analysts forecast that The Mosaic Company will post 0.11 earnings per share for the current year.

Mosaic Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Stockholders of record on Friday, December 4th will be paid a dividend of $0.22 per share. The ex-dividend date is Friday, December 4th. This represents a $0.88 annualized dividend and a dividend yield of 3.9%. Mosaic's dividend payout ratio is -24.86%.

Mosaic Profile

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. Its products help farmers supply crops with essential nutrients, and the company also makes phosphate-based animal feed ingredients and products for industrial applications.

Mosaic's operations include phosphate mining and processing in the United States and potash mining in Canada. Through its Brazilian operations, Mosaic Fertilizantes, the company produces, blends and distributes crop nutrients and related products in Brazil and other markets in South America.

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