Captrust Financial Advisors decreased its holdings in shares of The Mosaic Company (NYSE:MOS – Free Report) by 16.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 7,581 shares of the basic materials company’s stock after selling 1,512 shares during the period. Captrust Financial Advisors’ holdings in Mosaic were worth $203,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in MOS. Dimensional Fund Advisors LP increased its position in Mosaic by 34.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 6,337,124 shares of the basic materials company’s stock worth $183,155,000 after purchasing an additional 1,628,850 shares during the period. Charles Schwab Investment Management Inc. increased its position in Mosaic by 44.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,218,410 shares of the basic materials company’s stock worth $86,189,000 after purchasing an additional 986,812 shares during the period. Donald Smith & CO. Inc. increased its position in Mosaic by 84.7% during the 2nd quarter. Donald Smith & CO. Inc. now owns 2,083,233 shares of the basic materials company’s stock worth $60,205,000 after purchasing an additional 955,199 shares during the period. AQR Capital Management LLC increased its position in Mosaic by 15.1% during the 2nd quarter. AQR Capital Management LLC now owns 3,311,123 shares of the basic materials company’s stock worth $95,691,000 after purchasing an additional 435,598 shares during the period. Finally, Thompson Siegel & Walmsley LLC increased its position in Mosaic by 13.9% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 2,939,404 shares of the basic materials company’s stock worth $78,717,000 after purchasing an additional 359,760 shares during the period. Institutional investors and hedge funds own 77.54% of the company’s stock.
Mosaic Trading Down 3.5 %
Shares of Mosaic stock opened at $25.84 on Tuesday. The Mosaic Company has a fifty-two week low of $24.11 and a fifty-two week high of $38.30. The firm has a market cap of $8.21 billion, a PE ratio of 22.87, a P/E/G ratio of 1.85 and a beta of 1.34. The business’s fifty day moving average is $26.45 and its two-hundred day moving average is $27.31. The company has a quick ratio of 0.49, a current ratio of 1.19 and a debt-to-equity ratio of 0.27.
Mosaic Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.25%. The ex-dividend date of this dividend is Thursday, December 5th. Mosaic’s dividend payout ratio is presently 74.34%.
Analyst Upgrades and Downgrades
MOS has been the topic of a number of research reports. CIBC initiated coverage on Mosaic in a report on Tuesday, December 10th. They issued a “neutral” rating and a $55.00 price target on the stock. Mizuho upped their price target on Mosaic from $28.00 to $29.00 and gave the stock a “neutral” rating in a report on Wednesday, November 13th. Oppenheimer assumed coverage on Mosaic in a report on Thursday, December 12th. They issued a “market perform” rating on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $30.00 target price on shares of Mosaic in a research note on Thursday, November 14th. Finally, Barclays reduced their target price on Mosaic from $32.00 to $30.00 and set an “overweight” rating on the stock in a research note on Friday, October 11th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $35.40.
Get Our Latest Analysis on MOS
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.
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