11,154 Shares in The Mosaic Company (NYSE:MOS) Bought by Natixis Advisors LLC

Natixis Advisors LLC purchased a new position in The Mosaic Company (NYSE:MOS) in the third quarter, Holdings Channel.com reports. The fund purchased 11,154 shares of the basic materials company’s stock, valued at approximately $299,000.

A number of other large investors have also recently modified their holdings of the stock. Blue Trust Inc. boosted its stake in Mosaic by 40.0% during the 2nd quarter. Blue Trust Inc. now owns 1,229 shares of the basic materials company’s stock valued at $36,000 after purchasing an additional 351 shares during the last quarter. ANTIPODES PARTNERS Ltd purchased a new position in shares of Mosaic during the 2nd quarter worth $46,000. Kimelman & Baird LLC purchased a new stake in Mosaic in the second quarter worth about $49,000. CVA Family Office LLC lifted its holdings in Mosaic by 23.2% during 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. Finally, Huntington National Bank boosted its holdings in Mosaic by 85.2% in the 3rd quarter. Huntington National Bank now owns 2,189 shares of the basic materials company’s stock worth $59,000 after buying an additional 1,007 shares during the period. Institutional investors own 77.54% of the company’s stock.

Mosaic Stock Up 1.3 %

MOS stock opened at $25.73 on Friday. The company has a current ratio of 1.19, a quick ratio of 0.49 and a debt-to-equity ratio of 0.27. The firm has a 50-day moving average of $26.42 and a two-hundred day moving average of $27.68. The Mosaic Company has a 12 month low of $24.11 and a 12 month high of $38.30. The company has a market cap of $8.17 billion, a price-to-earnings ratio of 22.77, a PEG ratio of 1.81 and a beta of 1.35.

Mosaic (NYSE:MOS) last announced its quarterly earnings results on Tuesday, November 12th. The basic materials company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.24). Mosaic had a net margin of 3.24% and a return on equity of 6.00%. The firm had revenue of $2.81 billion for the quarter, compared to analyst estimates of $3.17 billion. During the same period in the previous year, the firm posted $0.68 EPS. The company’s revenue was down 20.8% compared to the same quarter last year. As a group, analysts forecast that The Mosaic Company will post 2.07 earnings per share for the current fiscal year.

Mosaic Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be issued a $0.21 dividend. The ex-dividend date is Thursday, December 5th. This represents a $0.84 annualized dividend and a dividend yield of 3.26%. Mosaic’s dividend payout ratio is currently 74.34%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on MOS shares. Barclays cut their target price on shares of Mosaic from $32.00 to $30.00 and set an “overweight” rating for the company in a research note on Friday, October 11th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $30.00 price objective on shares of Mosaic in a research note on Thursday, November 14th. Mizuho lifted their price objective on shares of Mosaic from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Wednesday, November 13th. Finally, Wells Fargo & Company lowered their price target on shares of Mosaic from $29.00 to $27.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 24th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average 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.