The Mosaic Company $MOS Shares Acquired by Natixis

Natixis increased its stake in shares of The Mosaic Company (NYSE:MOS) by 338.3% in the 2nd quarter, Holdings Channel reports. The firm owned 83,776 shares of the basic materials company’s stock after purchasing an additional 64,660 shares during the period. Natixis’ holdings in Mosaic were worth $3,056,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. First Horizon Advisors Inc. increased its stake in Mosaic by 172.5% during the 2nd quarter. First Horizon Advisors Inc. now owns 684 shares of the basic materials company’s stock worth $25,000 after buying an additional 433 shares in the last quarter. Bangor Savings Bank purchased a new position in shares of Mosaic in the second quarter valued at approximately $26,000. Rothschild Investment LLC boosted its stake in shares of Mosaic by 650.0% in the second quarter. Rothschild Investment LLC now owns 750 shares of the basic materials company’s stock worth $27,000 after acquiring an additional 650 shares during the last quarter. Reyes Financial Architecture Inc. acquired a new stake in shares of Mosaic in the second quarter worth approximately $31,000. Finally, Geneos Wealth Management Inc. increased its position in shares of Mosaic by 169.3% during the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 601 shares in the last quarter. 77.54% of the stock is owned by hedge funds and other institutional investors.

Mosaic Trading Down 0.3%

Shares of MOS opened at $23.75 on Thursday. The Mosaic Company has a 12-month low of $22.36 and a 12-month high of $38.23. The firm has a market capitalization of $7.54 billion, a P/E ratio of 6.15, a P/E/G ratio of 0.57 and a beta of 0.94. The firm has a 50-day moving average price of $27.46 and a 200 day moving average price of $32.25. The company has a current ratio of 1.14, a quick ratio of 0.40 and a debt-to-equity ratio of 0.26.

Mosaic (NYSE:MOS) last issued its earnings results on Tuesday, November 4th. The basic materials company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.01. Mosaic had a net margin of 10.33% and a return on equity of 6.46%. The company had revenue of $3.45 billion for the quarter, compared to the consensus estimate of $3.87 billion. During the same period in the previous year, the firm earned $0.34 earnings per share. Mosaic’s quarterly revenue was up 22.8% compared to the same quarter last year. Sell-side analysts forecast that The Mosaic Company will post 2.04 EPS for the current year.

Mosaic Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be issued a $0.22 dividend. The ex-dividend date is Thursday, December 4th. This represents a $0.88 dividend on an annualized basis and a yield of 3.7%. Mosaic’s dividend payout ratio is currently 22.80%.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. UBS Group decreased their price objective on Mosaic from $40.00 to $38.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. The Goldman Sachs Group decreased their price target on shares of Mosaic from $37.00 to $33.00 and set a “buy” rating on the stock in a research note on Wednesday, November 12th. Scotiabank boosted their price target on shares of Mosaic from $34.00 to $36.00 and gave the stock a “sector perform” rating in a research report on Monday, November 10th. Bank of America dropped their price objective on shares of Mosaic from $49.00 to $43.00 and set a “buy” rating for the company in a research note on Tuesday, October 14th. Finally, Mizuho set a $34.00 price objective on shares of Mosaic in a report on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, Mosaic currently has an average rating of “Moderate Buy” and an average target price of $32.13.

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.