Capital International Sarl Sells 24,878 Shares of The Mosaic Company (NYSE:MOS)

Capital International Sarl cut its stake in The Mosaic Company (NYSE:MOS) by 20.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 95,176 shares of the basic materials company’s stock after selling 24,878 shares during the period. Capital International Sarl’s holdings in Mosaic were worth $3,401,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Denali Advisors LLC increased its stake in Mosaic by 100.5% in the 4th quarter. Denali Advisors LLC now owns 826 shares of the basic materials company’s stock worth $30,000 after buying an additional 414 shares in the last quarter. Janiczek Wealth Management LLC lifted its position in shares of Mosaic by 28.0% during the fourth quarter. Janiczek Wealth Management LLC now owns 1,455 shares of the basic materials company’s stock valued at $52,000 after buying an additional 318 shares during the last quarter. NBC Securities Inc. purchased a new position in shares of Mosaic in the 3rd quarter valued at approximately $57,000. Planned Solutions Inc. acquired a new position in Mosaic in the 4th quarter worth approximately $65,000. Finally, CVA Family Office LLC acquired a new stake in Mosaic in the 4th quarter valued at $79,000. 77.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

MOS has been the subject of a number of recent analyst reports. TheStreet downgraded Mosaic from a “b-” rating to a “c+” rating in a research report on Tuesday, February 6th. Barclays reduced their price objective on Mosaic from $42.00 to $39.00 and set an “overweight” rating for the company in a research note on Monday, May 13th. Royal Bank of Canada lowered their target price on Mosaic from $35.00 to $32.00 and set a “sector perform” rating on the stock in a report on Monday, May 6th. Wolfe Research assumed coverage on Mosaic in a research report on Friday, March 1st. They issued an “outperform” rating and a $39.00 price objective on the stock. Finally, Wells Fargo & Company increased their target price on Mosaic from $34.00 to $35.00 and gave the stock an “equal weight” rating in a research report on Friday, February 23rd. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $38.36.

Mosaic Trading Down 2.1 %

MOS traded down $0.61 during trading on Wednesday, reaching $29.14. 3,288,860 shares of the stock traded hands, compared to its average volume of 4,760,664. The company has a quick ratio of 0.51, a current ratio of 1.16 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $9.37 billion, a PE ratio of 12.37, a P/E/G ratio of 1.65 and a beta of 1.45. The Mosaic Company has a 12 month low of $27.83 and a 12 month high of $42.81. The stock’s 50-day moving average is $30.87 and its 200 day moving average is $32.44.

Mosaic (NYSE:MOS) last announced its quarterly earnings results on Wednesday, May 1st. The basic materials company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.01). The firm had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.88 billion. Mosaic had a net margin of 6.07% and a return on equity of 8.23%. The firm’s revenue for the quarter was down 25.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.14 earnings per share. Equities analysts anticipate that The Mosaic Company will post 2.64 earnings per share for the current year.

Mosaic Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Thursday, June 6th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Thursday, June 6th. This represents a $0.84 annualized dividend and a dividend yield of 2.88%. Mosaic’s dividend payout ratio is presently 35.74%.

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.