The Mosaic Company (NYSE:MOS) Shares Acquired by Voloridge Investment Management LLC

Voloridge Investment Management LLC lifted its stake in shares of The Mosaic Company (NYSE:MOS - Free Report) by 21.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,187,445 shares of the basic materials company's stock after buying an additional 565,632 shares during the quarter. Voloridge Investment Management LLC owned about 1.00% of Mosaic worth $78,347,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of MOS. Norges Bank purchased a new stake in shares of Mosaic during the 4th quarter worth approximately $97,363,000. Invesco Ltd. lifted its position in shares of Mosaic by 29.3% during the 4th quarter. Invesco Ltd. now owns 13,507,131 shares of the basic materials company's stock worth $332,005,000 after buying an additional 3,058,243 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Mosaic by 24.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 11,041,218 shares of the basic materials company's stock worth $271,382,000 after buying an additional 2,151,426 shares during the last quarter. Criteria Caixa S.A.U. purchased a new stake in shares of Mosaic during the 4th quarter worth approximately $36,231,000. Finally, Covalis Capital LLP acquired a new position in shares of Mosaic in the 4th quarter valued at $27,031,000. Hedge funds and other institutional investors own 77.54% of the company's stock.

Mosaic Stock Performance

MOS traded up $0.12 during trading on Friday, hitting $35.13. The stock had a trading volume of 2,932,756 shares, compared to its average volume of 4,708,614. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.49 and a current ratio of 1.19. The firm has a market capitalization of $11.14 billion, a P/E ratio of 31.09, a PEG ratio of 1.42 and a beta of 1.09. The company's 50-day moving average price is $29.00 and its 200 day moving average price is $27.06. The Mosaic Company has a twelve month low of $22.36 and a twelve month high of $35.96.

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, beating the consensus estimate of $0.45 by $0.04. Mosaic had a net margin of 3.24% and a return on equity of 6.00%. The company had revenue of $2.62 billion for the quarter, compared to analysts' expectations of $2.70 billion. During the same period in the previous year, the company posted $0.65 EPS. Mosaic's revenue was down 2.2% compared to the same quarter last year. On average, equities research analysts forecast that The Mosaic Company will post 2.04 EPS for the current fiscal year.

Mosaic Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Thursday, June 5th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.50%. Mosaic's dividend payout ratio (DPR) is presently 75.86%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on MOS shares. Wells Fargo & Company lifted their target price on shares of Mosaic from $28.00 to $35.00 and gave the company an "equal weight" rating in a report on Monday, May 12th. JPMorgan Chase & Co. lifted their target price on shares of Mosaic from $29.00 to $35.00 and gave the company an "overweight" rating in a report on Friday, May 9th. CIBC lifted their target price on shares of Mosaic from $32.00 to $33.00 and gave the company a "neutral" rating in a report on Friday, May 9th. UBS Group lifted their target price on shares of Mosaic from $28.00 to $31.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. Finally, Wall Street Zen raised shares of Mosaic from a "hold" rating to a "buy" rating in a report on Thursday. Six analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $34.58.

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.