Mirabella Financial Services LLP Has $433,000 Position in The Mosaic Company (NYSE:MOS)

Mirabella Financial Services LLP grew its holdings in The Mosaic Company (NYSE:MOS) by 28.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,182 shares of the basic materials company’s stock after buying an additional 3,586 shares during the quarter. Mirabella Financial Services LLP’s holdings in Mosaic were worth $433,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in Mosaic by 34.6% in the second 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 in the last quarter. Boston Partners grew its stake in shares of Mosaic by 1,795.5% in the 1st quarter. Boston Partners now owns 1,279,022 shares of the basic materials company’s stock valued at $41,496,000 after purchasing an additional 1,211,544 shares during the period. Swedbank AB acquired a new position in shares of Mosaic in the 1st quarter worth approximately $37,936,000. Charles Schwab Investment Management Inc. lifted its position in shares of 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 buying an additional 986,812 shares during the period. Finally, Donald Smith & CO. Inc. boosted its stake in Mosaic by 84.7% in the 2nd quarter. Donald Smith & CO. Inc. now owns 2,083,233 shares of the basic materials company’s stock valued at $60,205,000 after buying an additional 955,199 shares in the last quarter. 77.54% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have issued reports on MOS shares. Wells Fargo & Company dropped their price objective on Mosaic from $29.00 to $27.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 24th. Barclays cut their price target on shares of Mosaic from $32.00 to $30.00 and set an “overweight” rating for the company in a report on Friday, October 11th. Mizuho upped their price objective on shares of Mosaic from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 13th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $30.00 target price on shares of Mosaic in a research note on Thursday, November 14th. One research 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. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $33.22.

Mosaic Trading Up 0.7 %

Shares of NYSE MOS opened at $26.22 on Tuesday. The Mosaic Company has a 1-year low of $24.11 and a 1-year high of $38.30. 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 company has a 50-day moving average of $26.44 and a two-hundred day moving average of $27.76. The company has a market cap of $8.33 billion, a PE ratio of 23.20, a P/E/G ratio of 1.76 and a beta of 1.35.

Mosaic (NYSE:MOS) last posted its quarterly earnings data 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). The company had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $3.17 billion. Mosaic had a return on equity of 6.00% and a net margin of 3.24%. The business’s revenue for the quarter was down 20.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.68 EPS. As a group, equities analysts expect that The Mosaic Company will post 2.11 earnings per share for the current fiscal year.

Mosaic Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 3.20%. The ex-dividend date is Thursday, December 5th. Mosaic’s dividend payout ratio is 74.34%.

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.