Signaturefd LLC Buys 531 Shares of The Mosaic Company (NYSE:MOS)

Signaturefd LLC boosted its stake in The Mosaic Company (NYSE:MOS) by 17.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,604 shares of the basic materials company’s stock after purchasing an additional 531 shares during the period. Signaturefd LLC’s holdings in Mosaic were worth $129,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Denali Advisors LLC grew its position in shares of Mosaic by 100.5% during the 4th quarter. Denali Advisors LLC now owns 826 shares of the basic materials company’s stock worth $30,000 after buying an additional 414 shares during the period. Janiczek Wealth Management LLC grew its holdings in Mosaic by 28.0% in the fourth quarter. Janiczek Wealth Management LLC now owns 1,455 shares of the basic materials company’s stock worth $52,000 after purchasing an additional 318 shares during the period. Exchange Traded Concepts LLC raised its holdings in shares of Mosaic by 526.1% during the third quarter. Exchange Traded Concepts LLC now owns 1,534 shares of the basic materials company’s stock valued at $55,000 after purchasing an additional 1,289 shares during the period. NBC Securities Inc. bought a new position in shares of Mosaic during the 3rd quarter worth about $57,000. Finally, Planned Solutions Inc. acquired a new stake in shares of Mosaic in the 4th quarter valued at about $65,000. Institutional investors own 77.54% of the company’s stock.

Mosaic Stock Up 2.0 %

MOS stock opened at $30.87 on Tuesday. The company’s 50 day moving average is $31.53 and its 200 day moving average is $33.22. The Mosaic Company has a 1-year low of $29.25 and a 1-year high of $43.99. The company has a current ratio of 1.22, a quick ratio of 0.57 and a debt-to-equity ratio of 0.26. The stock has a market cap of $9.93 billion, a price-to-earnings ratio of 8.85, a price-to-earnings-growth ratio of 1.55 and a beta of 1.50.

Mosaic (NYSE:MOS) last posted its quarterly earnings results on Thursday, February 22nd. The basic materials company reported $0.71 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.11). Mosaic had a return on equity of 9.69% and a net margin of 8.51%. The business had revenue of $3.15 billion for the quarter, compared to analysts’ expectations of $3.09 billion. During the same period last year, the business posted $1.74 earnings per share. The company’s revenue was down 29.7% compared to the same quarter last year. Sell-side analysts predict that The Mosaic Company will post 2.79 EPS for the current fiscal year.

Mosaic Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Thursday, June 6th will be paid a dividend of $0.21 per share. The ex-dividend date is Thursday, June 6th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.72%. Mosaic’s dividend payout ratio (DPR) is currently 24.07%.

Wall Street Analyst Weigh In

MOS has been the topic of several recent research reports. TheStreet lowered Mosaic from a “b-” rating to a “c+” rating in a report on Tuesday, February 6th. The Goldman Sachs Group dropped their price objective on Mosaic from $54.00 to $48.00 and set a “buy” rating on the stock in a research note on Thursday, February 1st. Wolfe Research started coverage on Mosaic in a report on Friday, March 1st. They issued an “outperform” rating and a $39.00 target price for the company. Mizuho downgraded shares of Mosaic from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $42.00 to $34.00 in a report on Wednesday, January 24th. Finally, Scotiabank upgraded Mosaic from a “sector perform” rating to a “sector outperform” rating and set a $40.00 target price on the stock in a research note on Thursday, February 22nd. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $40.27.

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.