Quantbot Technologies LP Grows Stock Position in The Mosaic Company $MOS

Quantbot Technologies LP increased its holdings in The Mosaic Company (NYSE:MOS) by 10.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 241,138 shares of the basic materials company’s stock after buying an additional 23,741 shares during the quarter. Quantbot Technologies LP owned 0.08% of Mosaic worth $8,797,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MOS. First Horizon Advisors Inc. boosted its stake in shares of 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 acquiring an additional 433 shares during the last quarter. Bangor Savings Bank bought a new position in Mosaic in the 2nd quarter worth $26,000. Geneos Wealth Management Inc. lifted its position in Mosaic by 169.3% during the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 601 shares in the last quarter. Rothschild Investment LLC grew its holdings in Mosaic by 650.0% during the second quarter. Rothschild Investment LLC now owns 750 shares of the basic materials company’s stock valued at $27,000 after purchasing an additional 650 shares during the period. Finally, Reyes Financial Architecture Inc. purchased a new stake in Mosaic in the second quarter worth about $31,000. 77.54% of the stock is owned by hedge funds and other institutional investors.

Mosaic Stock Down 2.3%

Shares of MOS stock opened at $24.39 on Wednesday. The company’s fifty day simple moving average is $28.78 and its two-hundred day simple moving average is $32.71. The Mosaic Company has a 52 week low of $22.36 and a 52 week high of $38.23. The stock has a market cap of $7.74 billion, a P/E ratio of 8.27, a PEG ratio of 0.94 and a beta of 1.00. The company has a quick ratio of 0.44, a current ratio of 1.14 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.01. Mosaic had a return on equity of 4.74% and a net margin of 8.35%.The firm had revenue of $3.45 billion for the quarter, compared to analysts’ expectations of $3.87 billion. During the same period in the previous year, the firm posted $0.34 earnings per share. The business’s revenue was up 22.8% compared to the same quarter last year. Analysts predict that The Mosaic Company will post 2.04 EPS for the current fiscal year.

Mosaic Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Thursday, December 4th. Mosaic’s dividend payout ratio is 22.80%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. HSBC cut their price objective on Mosaic from $35.00 to $26.00 and set a “hold” rating for the company in a research note on Monday, November 24th. Mizuho set a $34.00 price target on shares of Mosaic in a research report on Monday, October 20th. The Goldman Sachs Group decreased their price objective on shares of Mosaic from $37.00 to $33.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Zacks Research cut shares of Mosaic from a “hold” rating to a “strong sell” rating in a research note on Friday, November 7th. Finally, Royal Bank Of Canada upgraded Mosaic from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $32.73.

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.