The Mosaic Company (NYSE:MOS) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its holdings in shares of The Mosaic Company (NYSE:MOS) by 44.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,218,410 shares of the basic materials company’s stock after acquiring an additional 986,812 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.01% of Mosaic worth $86,189,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Lazard Asset Management LLC raised its position in Mosaic by 37.4% in the first quarter. Lazard Asset Management LLC now owns 16,803 shares of the basic materials company’s stock valued at $544,000 after purchasing an additional 4,574 shares during the period. Bayesian Capital Management LP purchased a new stake in shares of Mosaic during the 1st quarter valued at about $386,000. Janus Henderson Group PLC lifted its position in Mosaic by 7.6% during the 1st quarter. Janus Henderson Group PLC now owns 196,328 shares of the basic materials company’s stock worth $6,372,000 after acquiring an additional 13,898 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its position in Mosaic by 681.7% in the first quarter. B. Riley Wealth Advisors Inc. now owns 72,390 shares of the basic materials company’s stock valued at $2,577,000 after acquiring an additional 63,129 shares in the last quarter. Finally, California State Teachers Retirement System raised its stake in shares of Mosaic by 1.3% during the first quarter. California State Teachers Retirement System now owns 568,032 shares of the basic materials company’s stock valued at $18,438,000 after purchasing an additional 7,497 shares during the period. 77.54% of the stock is owned by hedge funds and other institutional investors.

Mosaic Trading Up 1.3 %

Shares of NYSE MOS opened at $25.73 on Thursday. The stock has a market capitalization of $8.17 billion, a P/E ratio of 22.77, a PEG ratio of 1.81 and a beta of 1.35. The stock’s 50 day moving average price is $26.45 and its two-hundred day moving average price is $27.70. The company has a quick ratio of 0.49, a current ratio of 1.19 and a debt-to-equity ratio of 0.27. 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 data on Tuesday, November 12th. The basic materials company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.24). Mosaic had a return on equity of 6.00% and a net margin of 3.24%. The firm had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $3.17 billion. During the same quarter last year, the business earned $0.68 earnings per share. The business’s revenue for the quarter was down 20.8% compared to the same quarter last year. On average, analysts anticipate that The Mosaic Company will post 2.07 earnings per share for the current fiscal year.

Mosaic Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.26%. The ex-dividend date is Thursday, December 5th. Mosaic’s dividend payout ratio is presently 74.34%.

Wall Street Analysts Forecast Growth

MOS has been the subject of a number of recent analyst reports. Wells Fargo & Company lowered their price target on shares of Mosaic from $29.00 to $27.00 and set an “equal weight” rating for the company in a report on Tuesday, September 24th. Barclays dropped their target price on Mosaic from $32.00 to $30.00 and set an “overweight” rating on the stock in a research report on Friday, October 11th. Mizuho increased their price target on Mosaic from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Wednesday, November 13th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $30.00 target price on shares of Mosaic in a research report on Thursday, November 14th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Mosaic has a consensus rating of “Hold” and a consensus price target of $33.22.

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.