Applied Finance Capital Management LLC Has $92,000 Position in The Mosaic Company (NYSE:MOS)

Applied Finance Capital Management LLC reduced its position in shares of The Mosaic Company (NYSE:MOS) by 55.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,434 shares of the basic materials company’s stock after selling 4,290 shares during the period. Applied Finance Capital Management LLC’s holdings in Mosaic were worth $92,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD raised its holdings in Mosaic by 1,815.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,682,108 shares of the basic materials company’s stock valued at $346,743,000 after acquiring an additional 10,124,427 shares in the last quarter. Vanguard Group Inc. raised its holdings in Mosaic by 5.1% in the 1st quarter. Vanguard Group Inc. now owns 39,357,229 shares of the basic materials company’s stock valued at $1,277,536,000 after acquiring an additional 1,893,797 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Mosaic by 34.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 6,337,124 shares of the basic materials company’s stock valued at $183,155,000 after acquiring an additional 1,628,850 shares in the last quarter. Boston Partners raised its holdings in Mosaic by 1,795.5% in the 1st quarter. Boston Partners now owns 1,279,022 shares of the basic materials company’s stock valued at $41,496,000 after acquiring an additional 1,211,544 shares in the last quarter. Finally, Swedbank AB acquired a new position in Mosaic in the 1st quarter valued at $37,936,000. 77.54% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Kelvin R. Westbrook sold 12,666 shares of the business’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $27.32, for a total transaction of $346,035.12. Following the sale, the director now owns 34,359 shares in the company, valued at $938,687.88. The trade was a 0.00 % decrease in their position. 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 company’s stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $27.32, for a total value of $346,035.12. Following the sale, the director now owns 34,359 shares in the company, valued at approximately $938,687.88. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Walter F. Precourt III sold 39,748 shares of the company’s stock in a transaction dated Tuesday, August 13th. The shares were 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 in the company, valued at $3,821,628.72. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.86% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have weighed in on MOS shares. Barclays dropped 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 dropped 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 set a $30.00 price target on shares of Mosaic in a report on Monday, August 12th. Finally, Mizuho lowered 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. One analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $33.11.

Mosaic Trading Down 2.2 %

Shares of MOS stock opened at $27.72 on Friday. The firm has a market capitalization of $8.83 billion, a P/E ratio of 37.45, a P/E/G ratio of 1.73 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. 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 stock’s fifty day simple moving average is $26.44 and its 200 day simple moving average is $28.05.

Mosaic (NYSE:MOS) last issued its quarterly earnings data 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). The firm had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $2.90 billion. Mosaic had a return on equity of 6.92% and a net margin of 2.01%. The company’s revenue was down 17.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.04 EPS. As a group, sell-side analysts predict that The Mosaic Company will post 2.27 EPS for the current fiscal year.

Mosaic Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were given a dividend of $0.21 per share. 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 3.03%. Mosaic’s dividend payout ratio 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.