20,206 Shares in The Mosaic Company $MOS Purchased by D.A. Davidson & CO.

D.A. Davidson & CO. bought a new position in The Mosaic Company (NYSE:MOS) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 20,206 shares of the basic materials company’s stock, valued at approximately $701,000.

A number of other large investors have also recently modified their holdings of MOS. State Street Corp grew its holdings in shares of Mosaic by 2.0% during the second quarter. State Street Corp now owns 13,056,284 shares of the basic materials company’s stock worth $476,293,000 after purchasing an additional 251,496 shares in the last quarter. Geode Capital Management LLC grew its stake in Mosaic by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 8,216,928 shares of the basic materials company’s stock worth $299,180,000 after buying an additional 95,952 shares in the last quarter. Norges Bank purchased a new position in Mosaic in the 2nd quarter worth approximately $158,085,000. Bank of New York Mellon Corp increased its holdings in shares of Mosaic by 100.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 3,806,663 shares of the basic materials company’s stock worth $138,867,000 after buying an additional 1,912,064 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Mosaic by 1.9% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,662,814 shares of the basic materials company’s stock valued at $133,619,000 after buying an additional 67,362 shares in the last quarter. Institutional investors own 77.54% of the company’s stock.

Mosaic Price Performance

MOS opened at $25.72 on Tuesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.40. The stock’s 50 day simple moving average is $24.69 and its 200 day simple moving average is $30.43. The firm has a market cap of $8.16 billion, a price-to-earnings ratio of 6.66, a PEG ratio of 1.19 and a beta of 0.94. The Mosaic Company has a 1 year low of $22.36 and a 1 year high of $38.23.

Mosaic (NYSE:MOS) last released its quarterly earnings data on Tuesday, November 4th. The basic materials company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.01. Mosaic had a return on equity of 6.46% and a net margin of 10.33%.The firm had revenue of $3.45 billion during the quarter, compared to analyst estimates of $3.87 billion. During the same quarter in the prior year, the firm posted $0.34 earnings per share. The business’s quarterly revenue was up 22.8% compared to the same quarter last year. As a group, analysts predict that The Mosaic Company will post 2.04 earnings per share for the current year.

Mosaic Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Monday, March 9th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Monday, March 9th. Mosaic’s dividend payout ratio (DPR) is 22.80%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on MOS. Royal Bank Of Canada set a $27.00 target price on shares of Mosaic in a research report on Wednesday, December 10th. Bank of America cut their price objective on Mosaic from $49.00 to $43.00 and set a “buy” rating for the company in a report on Tuesday, October 14th. Mizuho decreased their price objective on Mosaic from $31.00 to $28.00 and set a “neutral” rating on the stock in a report on Thursday, December 18th. Wells Fargo & Company began coverage on Mosaic in a research report on Tuesday, November 11th. They issued an “equal weight” rating and a $28.00 target price for the company. Finally, UBS Group reduced their price target on shares of Mosaic from $38.00 to $33.00 and set a “buy” rating on the stock in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, Mosaic presently has an average rating of “Moderate Buy” and a consensus target price of $31.50.

Mosaic Company Profile

Mosaic Co is one of the world’s leading producers and marketers of concentrated phosphate and potash crop nutrients. The company’s primary business activities center on the extraction, processing and distribution of phosphate rock, phosphate-based fertilizers and potash products. These core nutrients are essential components in modern agriculture, supporting crop yields and soil health across a range of farming applications.

In its phosphate segment, Mosaic operates mining and production facilities that convert phosphate rock into concentrated phosphates, finished phosphate fertilizers and feed phosphates for animal nutrition.