Mosaic Co (MOS) Holdings Lifted by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC raised its stake in Mosaic Co (NYSE:MOS) by 182.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 49,543 shares of the basic materials company’s stock after buying an additional 32,026 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in Mosaic were worth $1,070,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MOS. Artemis Investment Management LLP acquired a new stake in shares of Mosaic during the third quarter worth about $37,174,000. BlueMountain Capital Management LLC lifted its position in shares of Mosaic by 105.6% during the second quarter. BlueMountain Capital Management LLC now owns 66,928 shares of the basic materials company’s stock worth $1,528,000 after purchasing an additional 1,265,856 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Mosaic during the second quarter worth about $27,850,000. Assenagon Asset Management S.A. acquired a new stake in shares of Mosaic during the third quarter worth about $22,326,000. Finally, Dimensional Fund Advisors LP lifted its position in shares of Mosaic by 26.8% during the third quarter. Dimensional Fund Advisors LP now owns 4,364,003 shares of the basic materials company’s stock worth $94,211,000 after purchasing an additional 921,345 shares in the last quarter. 76.77% of the stock is currently owned by institutional investors.

Shares of Mosaic Co (MOS) opened at $24.49 on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.78. Mosaic Co has a one year low of $19.23 and a one year high of $34.36. The firm has a market cap of $8,607.72, a P/E ratio of 24.04, a P/E/G ratio of 2.56 and a beta of 1.31.

Mosaic (NYSE:MOS) last released its earnings results on Tuesday, October 31st. The basic materials company reported $0.43 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.18. Mosaic had a net margin of 4.68% and a return on equity of 3.61%. The firm had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.93 billion. During the same period in the prior year, the firm earned $0.41 earnings per share. The business’s quarterly revenue was up 1.7% compared to the same quarter last year. analysts predict that Mosaic Co will post 1.01 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Thursday, March 1st will be paid a dividend of $0.025 per share. The ex-dividend date is Wednesday, February 28th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.41%. Mosaic’s payout ratio is 10.42%.

Several brokerages have recently issued reports on MOS. Piper Jaffray Companies set a $23.00 price target on shares of Mosaic and gave the stock a “hold” rating in a research report on Friday, October 6th. Zacks Investment Research cut shares of Mosaic from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Scotiabank raised shares of Mosaic from an “underperform” rating to a “sector perform” rating in a research report on Wednesday, November 1st. BMO Capital Markets increased their price target on shares of Mosaic from $23.00 to $24.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 1st. Finally, began coverage on shares of Mosaic in a research report on Wednesday, October 11th. They set a “buy” rating and a $24.80 price target on the stock. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the stock. Mosaic currently has an average rating of “Hold” and an average price target of $24.07.

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Mosaic Profile

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.

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Institutional Ownership by Quarter for Mosaic (NYSE:MOS)

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