Intellectus Partners LLC Purchases New Holdings in The Mosaic Company (NYSE:MOS)

Intellectus Partners LLC acquired a new position in shares of The Mosaic Company (NYSE:MOS) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 11,950 shares of the basic materials company’s stock, valued at approximately $320,000.

A number of other hedge funds have also made changes to their positions in MOS. Highlander Capital Management LLC lifted its holdings in Mosaic by 515.4% in the 1st quarter. Highlander Capital Management LLC now owns 800 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 670 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of Mosaic by 40.0% in the second quarter. Blue Trust Inc. now owns 1,229 shares of the basic materials company’s stock worth $36,000 after buying an additional 351 shares in the last quarter. ANTIPODES PARTNERS Ltd purchased a new stake in Mosaic during the 2nd quarter valued at about $46,000. Kimelman & Baird LLC acquired a new stake in Mosaic in the 2nd quarter valued at about $49,000. Finally, CVA Family Office LLC lifted its stake in Mosaic by 23.2% in the 3rd quarter. CVA Family Office LLC now owns 2,037 shares of the basic materials company’s stock worth $55,000 after purchasing an additional 384 shares in the last quarter. Institutional investors and hedge funds own 77.54% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on MOS. Barclays cut their price target on Mosaic from $32.00 to $30.00 and set an “overweight” rating for the company in a report on Friday, October 11th. Wells Fargo & Company cut their target price 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. Mizuho boosted their price target on shares of Mosaic from $28.00 to $29.00 and gave the company a “neutral” rating in a research report on Wednesday. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $30.00 price objective on shares of Mosaic in a report on Thursday. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $33.22.

Mosaic Stock Up 0.2 %

Shares of NYSE MOS opened at $26.39 on Friday. The company has a quick ratio of 0.54, a current ratio of 1.19 and a debt-to-equity ratio of 0.27. The business’s 50 day moving average is $26.38 and its two-hundred day moving average is $27.92. The Mosaic Company has a 52-week low of $24.11 and a 52-week high of $38.30. The firm has a market cap of $8.41 billion, a price-to-earnings ratio of 23.35, a PEG ratio of 1.65 and a beta of 1.35.

Mosaic (NYSE:MOS) last posted its earnings results 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). The firm had revenue of $2.81 billion for the quarter, compared to analyst estimates of $3.17 billion. Mosaic had a return on equity of 6.00% and a net margin of 3.24%. Mosaic’s revenue was down 20.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.68 EPS. Research analysts predict that The Mosaic Company will post 2.26 EPS for the current year.

Mosaic Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 3.18%. The ex-dividend date of this dividend is Thursday, December 5th. Mosaic’s payout ratio is currently 74.34%.

About Mosaic

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.