Thompson Siegel & Walmsley LLC Has $78.72 Million Stock Holdings in The Mosaic Company (NYSE:MOS)

Thompson Siegel & Walmsley LLC raised its holdings in shares of The Mosaic Company (NYSE:MOS) by 13.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,939,404 shares of the basic materials company’s stock after buying an additional 359,760 shares during the quarter. Mosaic comprises 1.2% of Thompson Siegel & Walmsley LLC’s investment portfolio, making the stock its 21st largest holding. Thompson Siegel & Walmsley LLC owned approximately 0.92% of Mosaic worth $78,717,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Highlander Capital Management LLC increased its stake in Mosaic by 515.4% during the first quarter. Highlander Capital Management LLC now owns 800 shares of the basic materials company’s stock valued at $26,000 after acquiring an additional 670 shares during the period. Blue Trust Inc. increased its position in shares of Mosaic by 40.0% during the second 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. ANTIPODES PARTNERS Ltd bought a new stake in shares of Mosaic during the second quarter valued at approximately $46,000. Kimelman & Baird LLC acquired a new position in shares of Mosaic in the second quarter valued at $49,000. Finally, CVA Family Office LLC lifted its position in Mosaic by 23.2% in the third quarter. CVA Family Office LLC now owns 2,037 shares of the basic materials company’s stock worth $55,000 after purchasing an additional 384 shares during the period. Institutional investors and hedge funds own 77.54% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Royal Bank of Canada reissued a “sector perform” rating and issued a $30.00 price target on shares of Mosaic in a report on Thursday, November 14th. Barclays lowered their price objective on Mosaic from $32.00 to $30.00 and set an “overweight” rating on the stock in a research note on Friday, October 11th. Mizuho raised their target price on Mosaic from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 13th. Finally, Wells Fargo & Company lowered their price target on Mosaic from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Tuesday, September 24th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $33.22.

Mosaic Price Performance

Shares of MOS opened at $25.44 on Thursday. The firm has a market capitalization of $8.11 billion, a PE ratio of 22.51, a PEG ratio of 1.67 and a beta of 1.35. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.49. The Mosaic Company has a fifty-two week low of $24.11 and a fifty-two week high of $38.30. The company’s 50-day moving average is $26.42 and its 200-day moving average is $27.84.

Mosaic (NYSE:MOS) last announced its earnings results on Tuesday, November 12th. The basic materials company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.24). Mosaic had a return on equity of 6.00% and a net margin of 3.24%. The business had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $3.17 billion. During the same period in the prior year, the business posted $0.68 earnings per share. The firm’s revenue for the quarter was down 20.8% compared to the same quarter last year. Equities analysts forecast that The Mosaic Company will post 2.18 EPS for the current year.

Mosaic Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 3.30%. The ex-dividend date is Thursday, December 5th. Mosaic’s payout ratio is 74.34%.

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.