GAMMA Investing LLC Grows Stock Holdings in The Mosaic Company (NYSE:MOS)

GAMMA Investing LLC boosted its holdings in The Mosaic Company (NYSE:MOS) by 20.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 11,444 shares of the basic materials company’s stock after buying an additional 1,946 shares during the period. GAMMA Investing LLC’s holdings in Mosaic were worth $281,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Larson Financial Group LLC boosted its position in shares of Mosaic by 180,900.0% during the third quarter. Larson Financial Group LLC now owns 1,810 shares of the basic materials company’s stock worth $48,000 after acquiring an additional 1,809 shares during the last quarter. Kimelman & Baird LLC purchased a new stake in Mosaic in the 2nd quarter worth $49,000. Blue Trust Inc. boosted its holdings in shares of Mosaic by 46.4% during the 3rd quarter. Blue Trust Inc. now owns 1,799 shares of the basic materials company’s stock valued at $52,000 after purchasing an additional 570 shares during the last quarter. CVA Family Office LLC grew its position in shares of 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 increased its holdings in shares of Mosaic by 85.2% in the third quarter. Huntington National Bank now owns 2,189 shares of the basic materials company’s stock worth $59,000 after purchasing an additional 1,007 shares during the last quarter. 77.54% of the stock is owned by institutional investors.

Mosaic Price Performance

MOS stock opened at $25.25 on Wednesday. The stock has a market cap of $8.02 billion, a PE ratio of 22.35, a P/E/G ratio of 1.85 and a beta of 1.34. The Mosaic Company has a 12 month low of $23.56 and a 12 month high of $35.49. The company has a 50-day moving average price of $25.92 and a 200 day moving average price of $26.86. The company has a current ratio of 1.19, a quick ratio of 0.49 and a debt-to-equity ratio of 0.27.

Mosaic (NYSE:MOS) last announced 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). Mosaic had a net margin of 3.24% and a return on equity of 6.00%. The business had revenue of $2.81 billion for the quarter, compared to analysts’ expectations of $3.17 billion. During the same quarter last year, the firm earned $0.68 EPS. The firm’s quarterly revenue was down 20.8% on a year-over-year basis. Equities research analysts anticipate that The Mosaic Company will post 2.07 earnings per share for the current year.

Mosaic Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be paid a $0.22 dividend. This is a positive change from Mosaic’s previous quarterly dividend of $0.21. The ex-dividend date is Thursday, March 6th. This represents a $0.88 dividend on an annualized basis and a yield of 3.49%. Mosaic’s dividend payout ratio (DPR) is presently 77.88%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Oppenheimer began coverage on Mosaic in a report on Thursday, December 12th. They set a “market perform” rating for the company. Royal Bank of Canada reissued a “sector perform” rating and issued a $30.00 target price on shares of Mosaic in a report on Thursday, November 14th. Mizuho upped their price target on shares of Mosaic from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, November 13th. Barclays lowered their price objective on shares of Mosaic from $32.00 to $30.00 and set an “overweight” rating for the company in a research report on Friday, October 11th. Finally, CIBC began coverage on shares of Mosaic in a report on Tuesday, December 10th. They issued a “neutral” rating and a $55.00 target price on the stock. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $35.40.

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.