Mawer Investment Management Ltd. Invests $3.34 Million in The Mosaic Company (NYSE:MOS)

Mawer Investment Management Ltd. bought a new stake in shares of The Mosaic Company (NYSE:MOS - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 93,395 shares of the basic materials company's stock, valued at approximately $3,337,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Denali Advisors LLC lifted its position in Mosaic by 100.5% during the fourth quarter. Denali Advisors LLC now owns 826 shares of the basic materials company's stock valued at $30,000 after purchasing an additional 414 shares during the last quarter. Janiczek Wealth Management LLC raised its position in Mosaic by 28.0% during the fourth quarter. Janiczek Wealth Management LLC now owns 1,455 shares of the basic materials company's stock valued at $52,000 after purchasing an additional 318 shares during the period. NBC Securities Inc. bought a new stake in shares of Mosaic in the 3rd quarter valued at approximately $57,000. Planned Solutions Inc. purchased a new position in shares of Mosaic in the 4th quarter worth approximately $65,000. Finally, CVA Family Office LLC bought a new position in shares of Mosaic during the 4th quarter valued at approximately $79,000. 77.54% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

MOS has been the subject of several recent analyst reports. The Goldman Sachs Group dropped their price objective on shares of Mosaic from $54.00 to $48.00 and set a "buy" rating for the company in a research note on Thursday, February 1st. Mizuho dropped their target price on Mosaic from $34.00 to $33.00 and set a "neutral" rating on the stock in a research report on Friday, May 3rd. Wells Fargo & Company upped their target price on Mosaic from $34.00 to $35.00 and gave the company an "equal weight" rating in a research report on Friday, February 23rd. TheStreet lowered Mosaic from a "b-" rating to a "c+" rating in a research note on Tuesday, February 6th. Finally, Royal Bank of Canada decreased their price objective on shares of Mosaic from $35.00 to $32.00 and set a "sector perform" rating for the company in a research report on Monday, May 6th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $38.57.

Mosaic Stock Performance

Mosaic stock traded down $0.46 during midday trading on Friday, hitting $29.43. 2,775,291 shares of the company were exchanged, compared to its average volume of 4,717,588. The Mosaic Company has a fifty-two week low of $27.83 and a fifty-two week high of $42.81. The firm has a market capitalization of $9.47 billion, a PE ratio of 12.52 and a beta of 1.51. The business has a fifty day simple moving average of $31.23 and a two-hundred day simple moving average of $32.85. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.51 and a current ratio of 1.16.

Mosaic (NYSE:MOS - Get Free Report) last posted its earnings results on Wednesday, May 1st. The basic materials company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.01). The firm had revenue of $2.68 billion for the quarter, compared to analysts' expectations of $2.88 billion. Mosaic had a net margin of 6.07% and a return on equity of 8.23%. Mosaic's revenue for the quarter was down 25.7% compared to the same quarter last year. During the same period last year, the firm earned $1.14 earnings per share. On average, sell-side analysts forecast that The Mosaic Company will post 2.77 earnings per share for the current year.

Mosaic Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 20th. Investors of record on Thursday, June 6th will be paid a $0.21 dividend. The ex-dividend date is Thursday, June 6th. This represents a $0.84 annualized dividend and a dividend yield of 2.85%. Mosaic's dividend payout ratio is presently 35.74%.

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.