The Mosaic Company (NYSE:MOS) Shares Acquired by Blue Trust Inc.

Blue Trust Inc. grew its holdings in shares of The Mosaic Company (NYSE:MOS) by 46.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,799 shares of the basic materials company’s stock after purchasing an additional 570 shares during the period. Blue Trust Inc.’s holdings in Mosaic were worth $52,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Highlander Capital Management LLC grew its position in shares of Mosaic by 515.4% during the first quarter. Highlander Capital Management LLC now owns 800 shares of the basic materials company’s stock worth $26,000 after buying an additional 670 shares in the last quarter. Fidelis Capital Partners LLC acquired a new stake in Mosaic in the first quarter valued at $50,000. ANTIPODES PARTNERS Ltd acquired a new position in shares of Mosaic during the 2nd quarter worth about $46,000. Kimelman & Baird LLC acquired a new stake in shares of Mosaic during the 2nd quarter worth about $49,000. Finally, CVA Family Office LLC boosted its holdings in Mosaic by 23.2% in the third quarter. CVA Family Office LLC now owns 2,037 shares of the basic materials company’s stock valued at $55,000 after purchasing an additional 384 shares in the last quarter. Institutional investors and hedge funds own 77.54% of the company’s stock.

Insider Buying and Selling

In other Mosaic news, SVP Walter F. Precourt III sold 39,748 shares of the firm’s stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $27.96, for a total transaction of $1,111,354.08. Following the completion of the transaction, the senior vice president now directly owns 136,682 shares of the company’s stock, valued at $3,821,628.72. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, SVP Walter F. Precourt III sold 39,748 shares of the business’s stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $27.96, for a total transaction of $1,111,354.08. Following the completion of the sale, the senior vice president now owns 136,682 shares of the company’s stock, valued at $3,821,628.72. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Kelvin R. Westbrook sold 12,666 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $27.32, for a total value of $346,035.12. Following the transaction, the director now owns 34,359 shares of the company’s stock, valued at $938,687.88. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.86% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on MOS shares. Mizuho cut their target price on Mosaic from $31.00 to $28.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 9th. UBS Group lowered their price target on Mosaic from $33.00 to $30.00 and set a “neutral” rating on the stock in a report on Tuesday, July 9th. Wells Fargo & Company lowered their target price on Mosaic from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Tuesday, September 24th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $30.00 price target on shares of Mosaic in a report on Monday, August 12th. Finally, Barclays cut their price objective on shares of Mosaic from $32.00 to $30.00 and set an “overweight” rating for the company in a research report on Friday, October 11th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $33.11.

Mosaic Price Performance

Shares of NYSE:MOS opened at $26.76 on Friday. The company has a quick ratio of 0.54, a current ratio of 1.16 and a debt-to-equity ratio of 0.27. The company has a market cap of $8.53 billion, a P/E ratio of 36.16, a P/E/G ratio of 1.66 and a beta of 1.35. The business has a fifty day simple moving average of $26.56 and a 200-day simple moving average of $28.18. The Mosaic Company has a 52 week low of $24.11 and a 52 week high of $38.30.

Mosaic (NYSE:MOS) last announced its quarterly earnings results on Tuesday, August 6th. The basic materials company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.12). The firm had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.90 billion. Mosaic had a return on equity of 6.92% and a net margin of 2.01%. The business’s revenue was down 17.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.04 earnings per share. Equities research analysts forecast that The Mosaic Company will post 2.27 EPS for the current year.

Mosaic Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were given a $0.21 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.84 dividend on an annualized basis and a yield of 3.14%. Mosaic’s payout ratio is currently 113.51%.

About Mosaic

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.