Caxton Associates LP Invests $375,000 in The Mosaic Company (NYSE:MOS)

Caxton Associates LP purchased a new stake in shares of The Mosaic Company (NYSE:MOS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 15,249 shares of the basic materials company’s stock, valued at approximately $375,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Intellectus Partners LLC raised its holdings in shares of Mosaic by 3.3% in the 4th quarter. Intellectus Partners LLC now owns 12,350 shares of the basic materials company’s stock valued at $304,000 after purchasing an additional 400 shares in the last quarter. Arizona State Retirement System increased its holdings in Mosaic by 0.5% during the fourth quarter. Arizona State Retirement System now owns 92,550 shares of the basic materials company’s stock valued at $2,275,000 after buying an additional 471 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in Mosaic by 1.8% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 32,516 shares of the basic materials company’s stock worth $799,000 after buying an additional 570 shares in the last quarter. Brooklyn Investment Group lifted its holdings in Mosaic by 110.8% during the fourth quarter. Brooklyn Investment Group now owns 1,117 shares of the basic materials company’s stock worth $27,000 after buying an additional 587 shares during the period. Finally, United Capital Financial Advisors LLC boosted its position in Mosaic by 7.1% during the 4th quarter. United Capital Financial Advisors LLC now owns 8,947 shares of the basic materials company’s stock valued at $220,000 after acquiring an additional 592 shares in the last quarter. 77.54% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on MOS shares. UBS Group boosted their price target on Mosaic from $28.00 to $31.00 and gave the stock a “neutral” rating in a research report on Wednesday. Mizuho lowered their price target on shares of Mosaic from $29.00 to $28.00 and set a “neutral” rating on the stock in a report on Monday, March 3rd. Wells Fargo & Company boosted their price objective on shares of Mosaic from $26.00 to $28.00 and gave the stock an “equal weight” rating in a research note on Wednesday, March 19th. Morgan Stanley lowered their target price on shares of Mosaic from $40.00 to $30.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Finally, Scotiabank upped their price target on Mosaic from $31.00 to $34.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, March 19th. Seven research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $32.67.

Mosaic Stock Up 3.6 %

Shares of MOS stock opened at $31.56 on Thursday. The Mosaic Company has a fifty-two week low of $22.36 and a fifty-two week high of $32.29. The firm has a market capitalization of $10.00 billion, a PE ratio of 27.93, a P/E/G ratio of 1.42 and a beta of 1.09. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.49 and a current ratio of 1.19. The stock’s 50-day simple moving average is $26.75 and its 200-day simple moving average is $26.46.

Mosaic (NYSE:MOS) last issued its quarterly earnings results on Tuesday, May 6th. The basic materials company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.04. The company had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.70 billion. Mosaic had a net margin of 3.24% and a return on equity of 6.00%. Mosaic’s quarterly revenue was down 2.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.65 EPS. Equities analysts expect that The Mosaic Company will post 2.04 earnings per share for the current year.

Mosaic Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 19th. Investors of record on Thursday, June 5th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, June 5th. This represents a $0.88 dividend on an annualized basis and a yield of 2.79%. Mosaic’s dividend payout ratio is presently 160.00%.

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.