Mosaic Co (NYSE:MOS) was the target of a large decrease in short interest in November. As of November 15th, there was short interest totalling 18,002,513 shares, a decrease of 14.2% from the October 31st total of 20,992,121 shares. Based on an average daily trading volume, of 5,103,335 shares, the short-interest ratio is currently 3.5 days. Approximately 5.1% of the shares of the company are sold short.

Mosaic (NYSE MOS) opened at $24.28 on Friday. Mosaic has a one year low of $19.23 and a one year high of $34.36. The firm has a market capitalization of $8,526.98, a P/E ratio of 23.81, a P/E/G ratio of 2.54 and a beta of 1.31. The company has a quick ratio of 0.90, a current ratio of 1.78 and a debt-to-equity ratio of 0.37.

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

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 21st. Investors of record on Thursday, December 7th will be paid a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.41%. The ex-dividend date is Wednesday, December 6th. Mosaic’s payout ratio is currently 62.50%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. CIBC Asset Management Inc increased its position in Mosaic by 0.4% during the second quarter. CIBC Asset Management Inc now owns 37,157 shares of the basic materials company’s stock worth $848,000 after buying an additional 149 shares in the last quarter. Sentry Investment Management LLC increased its position in Mosaic by 1.0% during the second quarter. Sentry Investment Management LLC now owns 23,662 shares of the basic materials company’s stock worth $540,000 after buying an additional 223 shares in the last quarter. Bank of Hawaii increased its position in Mosaic by 0.8% during the second quarter. Bank of Hawaii now owns 36,496 shares of the basic materials company’s stock worth $833,000 after buying an additional 287 shares in the last quarter. Auxier Asset Management increased its position in Mosaic by 0.4% during the second quarter. Auxier Asset Management now owns 84,731 shares of the basic materials company’s stock worth $1,934,000 after buying an additional 300 shares in the last quarter. Finally, Louisiana State Employees Retirement System increased its position in Mosaic by 1.4% during the second quarter. Louisiana State Employees Retirement System now owns 21,800 shares of the basic materials company’s stock worth $498,000 after buying an additional 300 shares in the last quarter. 76.93% of the stock is owned by hedge funds and other institutional investors.

A number of brokerages have recently issued reports on MOS. BMO Capital Markets increased their target price on Mosaic from $23.00 to $24.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 1st. Royal Bank Of Canada reissued a “hold” rating on shares of Mosaic in a research note on Wednesday, October 18th. Cleveland Research raised Mosaic from a “neutral” rating to a “buy” rating in a research note on Wednesday, November 1st. Vertical Research raised Mosaic from a “sell” rating to a “hold” rating in a research note on Thursday, August 17th. Finally, Morgan Stanley cut their target price on Mosaic from $27.00 to $25.00 and set an “equal weight” rating for the company in a research note on Monday, August 7th. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $23.91.

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Mosaic Company 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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