Catalyst Capital Advisors LLC Grows Position in The Mosaic Company (NYSE:MOS)

Catalyst Capital Advisors LLC increased its position in shares of The Mosaic Company (NYSE:MOS) by 7.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 55,517 shares of the basic materials company’s stock after buying an additional 4,021 shares during the period. Catalyst Capital Advisors LLC’s holdings in Mosaic were worth $1,487,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC increased its stake in Mosaic by 4.6% in the first quarter. Allspring Global Investments Holdings LLC now owns 33,193 shares of the basic materials company’s stock valued at $1,077,000 after purchasing an additional 1,457 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in shares of Mosaic by 0.7% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 973,694 shares of the basic materials company’s stock valued at $31,606,000 after acquiring an additional 6,744 shares during the period. Fidelis Capital Partners LLC acquired a new stake in shares of Mosaic in the first quarter valued at approximately $50,000. Nordea Investment Management AB boosted its holdings in shares of Mosaic by 2.2% in the first quarter. Nordea Investment Management AB now owns 29,241 shares of the basic materials company’s stock valued at $938,000 after acquiring an additional 622 shares during the period. Finally, Daiwa Securities Group Inc. boosted its holdings in shares of Mosaic by 9.5% in the first quarter. Daiwa Securities Group Inc. now owns 32,197 shares of the basic materials company’s stock valued at $1,045,000 after acquiring an additional 2,798 shares during the period. 77.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Mosaic

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Barclays decreased their price objective on Mosaic from $32.00 to $30.00 and set an “overweight” rating for the company in a report on Friday, October 11th. 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. Royal Bank of Canada reissued a “sector perform” rating and issued a $30.00 price objective on shares of Mosaic in a report on Monday, August 12th. Mizuho decreased their price target on Mosaic from $31.00 to $28.00 and set a “neutral” rating for the company in a report on Wednesday, October 9th. Finally, UBS Group decreased their price target on Mosaic from $33.00 to $30.00 and set a “neutral” rating for the company in a report on Tuesday, July 9th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $33.11.

Mosaic Price Performance

Mosaic stock opened at $28.33 on Tuesday. The Mosaic Company has a one year low of $24.11 and a one year high of $38.30. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.54 and a current ratio of 1.16. The business has a fifty day moving average of $26.50 and a two-hundred day moving average of $28.10. The company has a market cap of $9.03 billion, a P/E ratio of 38.28, a price-to-earnings-growth ratio of 1.69 and a beta of 1.35.

Mosaic (NYSE:MOS) last released its earnings results on Tuesday, August 6th. The basic materials company reported $0.54 EPS 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 analyst estimates of $2.90 billion. During the same period last year, the business posted $1.04 EPS. Mosaic’s revenue was down 17.0% compared to the same quarter last year. As a group, analysts predict that The Mosaic Company will post 2.27 earnings per share for the current fiscal year.

Mosaic Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 2.97%. The ex-dividend date was Thursday, September 5th. Mosaic’s dividend payout ratio (DPR) is currently 113.51%.

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.