Mosaic Co (NYSE:MOS) has been given an average recommendation of “Hold” by the sixteen brokerages that are currently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $24.16.

Several analysts have commented on the company. BMO Capital Markets increased their target price on Mosaic from $23.00 to $24.00 and gave the company a “market perform” rating in a research note on Wednesday, November 1st. Royal Bank of Canada reiterated a “hold” rating on shares of Mosaic in a research note on Wednesday, October 18th. Cleveland Research upgraded Mosaic from a “neutral” rating to a “buy” rating in a research note on Wednesday, November 1st. assumed coverage on Mosaic in a research note on Wednesday, October 11th. They set a “buy” rating and a $24.80 target price on the stock. Finally, Piper Jaffray Companies set a $23.00 target price on Mosaic and gave the company a “hold” rating in a research note on Friday, October 6th.

Shares of Mosaic (NYSE:MOS) opened at $25.66 on Monday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.78. Mosaic has a 52 week low of $19.23 and a 52 week high of $34.36. The company has a market capitalization of $9,007.92, a price-to-earnings ratio of 26.73, a price-to-earnings-growth ratio of 2.68 and a beta of 1.31.

Mosaic (NYSE:MOS) last issued its earnings results on Tuesday, October 31st. The basic materials company reported $0.43 EPS 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 business had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.93 billion. During the same period last year, the business posted $0.41 EPS. The company’s revenue was up 1.7% compared to the same quarter last year. equities research analysts anticipate that Mosaic will post 1.01 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Thursday, March 1st will be paid a $0.025 dividend. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.39%. Mosaic’s dividend payout ratio (DPR) is currently 10.42%.

Hedge funds have recently added to or reduced their stakes in the company. YorkBridge Wealth Partners LLC boosted its stake in shares of Mosaic by 13,636.4% in the 3rd quarter. YorkBridge Wealth Partners LLC now owns 6,044 shares of the basic materials company’s stock worth $130,000 after buying an additional 6,000 shares during the last quarter. Pacer Advisors Inc. boosted its stake in shares of Mosaic by 8.7% in the 2nd quarter. Pacer Advisors Inc. now owns 7,366 shares of the basic materials company’s stock worth $168,000 after buying an additional 587 shares during the last quarter. Westover Capital Advisors LLC purchased a new position in shares of Mosaic in the 2nd quarter worth $218,000. Beach Investment Management LLC. purchased a new position in shares of Mosaic in the 2nd quarter worth $228,000. Finally, Captrust Financial Advisors purchased a new position in shares of Mosaic in the 2nd quarter worth $238,000. Hedge funds and other institutional investors own 76.77% of the company’s stock.

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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.

Analyst Recommendations for Mosaic (NYSE:MOS)

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