Jade Capital Advisors LLC Takes $606,000 Position in The Mosaic Company (NYSE:MOS)

Jade Capital Advisors LLC bought a new position in shares of The Mosaic Company (NYSE:MOS) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 22,633 shares of the basic materials company’s stock, valued at approximately $606,000.

Other large investors have also bought and sold shares of the company. Highlander Capital Management LLC increased its position in shares of Mosaic by 515.4% during the first quarter. Highlander Capital Management LLC now owns 800 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 670 shares in the last quarter. Mather Group LLC. bought a new position in Mosaic during the 1st quarter worth about $40,000. Blue Trust Inc. raised its stake in shares of Mosaic by 40.0% in the 2nd quarter. Blue Trust Inc. now owns 1,229 shares of the basic materials company’s stock valued at $36,000 after purchasing an additional 351 shares during the period. Fidelis Capital Partners LLC bought a new stake in shares of Mosaic in the first quarter valued at about $50,000. Finally, ANTIPODES PARTNERS Ltd acquired a new position in shares of Mosaic during the second quarter worth about $46,000. 77.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have commented on MOS. UBS Group cut their target price on Mosaic from $33.00 to $30.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 9th. Barclays reduced their target price on shares of Mosaic from $32.00 to $30.00 and set an “overweight” rating for the company in a report on Friday, October 11th. Royal Bank of Canada reissued a “sector perform” rating and set a $30.00 price target on shares of Mosaic in a research report on Monday, August 12th. Wells Fargo & Company decreased their price objective on Mosaic from $29.00 to $27.00 and set an “equal weight” rating for the company in a report on Tuesday, September 24th. Finally, Mizuho dropped their target price on Mosaic from $31.00 to $28.00 and set a “neutral” rating on the stock in a report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Mosaic has a consensus rating of “Hold” and a consensus price target of $33.11.

Insider Buying and Selling at Mosaic

In other news, SVP Walter F. Precourt III sold 39,748 shares of the business’s stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of $27.96, for a total transaction of $1,111,354.08. Following the completion of the sale, the senior vice president now owns 136,682 shares in the company, valued at $3,821,628.72. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Mosaic news, Director Kelvin R. Westbrook sold 12,666 shares of the stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $27.32, for a total transaction of $346,035.12. Following the transaction, the director now owns 34,359 shares in the company, valued at $938,687.88. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Walter F. Precourt III sold 39,748 shares of the firm’s stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of $27.96, for a total transaction of $1,111,354.08. Following the transaction, the senior vice president now directly owns 136,682 shares in the company, valued at $3,821,628.72. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.86% of the company’s stock.

Mosaic Price Performance

Shares of NYSE MOS opened at $26.02 on Tuesday. The company has a quick ratio of 0.54, a current ratio of 1.16 and a debt-to-equity ratio of 0.27. The business’s 50 day moving average price is $26.69 and its two-hundred day moving average price is $28.43. The company has a market cap of $8.37 billion, a PE ratio of 11.07, a price-to-earnings-growth ratio of 1.54 and a beta of 1.35. The Mosaic Company has a twelve month low of $24.11 and a twelve month high of $38.30.

Mosaic (NYSE:MOS) last posted its quarterly earnings results on Tuesday, August 6th. The basic materials company reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.12). Mosaic had a net margin of 2.01% and a return on equity of 6.92%. The business had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.90 billion. During the same quarter last year, the company posted $1.04 EPS. The firm’s revenue was down 17.0% on a year-over-year basis. On average, analysts predict that The Mosaic Company will post 2.34 EPS for the current year.

Mosaic Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were paid a $0.21 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.84 dividend on an annualized basis and a yield of 3.23%. Mosaic’s dividend payout ratio (DPR) is currently 35.74%.

Mosaic 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.