Mosaic Co (NYSE:MOS) shares gapped down prior to trading on Thursday . The stock had previously closed at $18.95, but opened at $19.68. Mosaic shares last traded at $20.12, with a volume of 256,924 shares traded.

A number of equities analysts have recently issued reports on MOS shares. JPMorgan Chase & Co. cut Mosaic from a “neutral” rating to an “underweight” rating and dropped their target price for the stock from $20.00 to $18.00 in a report on Wednesday. CIBC reissued a “buy” rating and issued a $25.00 target price on shares of Mosaic in a report on Thursday, November 7th. Cfra reissued a “buy” rating and issued a $26.00 target price on shares of Mosaic in a report on Thursday, November 7th. Stifel Nicolaus dropped their target price on Mosaic from $26.00 to $23.00 and set a “hold” rating for the company in a report on Friday, October 4th. Finally, BMO Capital Markets set a $27.00 target price on Mosaic and gave the stock a “hold” rating in a report on Wednesday, August 7th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have issued a buy rating to the company’s stock. Mosaic presently has an average rating of “Hold” and an average price target of $27.63.

The firm has a market capitalization of $8.08 billion, a P/E ratio of 9.57, a price-to-earnings-growth ratio of 4.70 and a beta of 1.65. The stock has a 50-day moving average of $20.19 and a 200 day moving average of $21.90. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.67 and a current ratio of 1.51.

Mosaic (NYSE:MOS) last released its quarterly earnings results on Monday, November 4th. The basic materials company reported $0.20 EPS for the quarter, missing the Zacks’ consensus estimate of $0.22 by ($0.02). The business had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.67 billion. Mosaic had a positive return on equity of 4.48% and a negative net margin of 0.36%. The firm’s revenue was down 6.0% on a year-over-year basis. During the same quarter last year, the company earned $0.75 earnings per share. On average, equities analysts predict that Mosaic Co will post 0.53 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Wednesday, December 4th. This represents a $0.20 dividend on an annualized basis and a yield of 0.99%. Mosaic’s dividend payout ratio (DPR) is presently 9.43%.

In other Mosaic news, Director Cheryl K. Beebe purchased 12,998 shares of the firm’s stock in a transaction that occurred on Wednesday, August 21st. The shares were acquired at an average cost of $19.21 per share, for a total transaction of $249,691.58. Following the transaction, the director now directly owns 23,704 shares in the company, valued at $455,353.84. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director William T. Monahan purchased 2,360 shares of the firm’s stock in a transaction that occurred on Tuesday, September 10th. The shares were acquired at an average price of $21.15 per share, for a total transaction of $49,914.00. Following the completion of the transaction, the director now owns 39,235 shares in the company, valued at $829,820.25. The disclosure for this purchase can be found here. 0.51% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MOS. Nuveen Asset Management LLC boosted its position in Mosaic by 73,897.0% in the 2nd quarter. Nuveen Asset Management LLC now owns 6,286,041 shares of the basic materials company’s stock valued at $157,339,000 after buying an additional 6,277,546 shares during the last quarter. Marshall Wace LLP boosted its position in Mosaic by 2,241.2% in the 2nd quarter. Marshall Wace LLP now owns 886,438 shares of the basic materials company’s stock valued at $22,188,000 after buying an additional 848,576 shares during the last quarter. Janus Henderson Group PLC boosted its position in Mosaic by 25.3% in the 2nd quarter. Janus Henderson Group PLC now owns 4,062,787 shares of the basic materials company’s stock valued at $101,696,000 after buying an additional 819,204 shares during the last quarter. Balyasny Asset Management LLC boosted its position in Mosaic by 867.0% in the 2nd quarter. Balyasny Asset Management LLC now owns 731,464 shares of the basic materials company’s stock valued at $18,309,000 after buying an additional 655,825 shares during the last quarter. Finally, Marshall Wace North America L.P. bought a new position in Mosaic in the 2nd quarter valued at $16,057,000. Institutional investors and hedge funds own 75.18% of the company’s stock.

Mosaic Company Profile (NYSE:MOS)

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 International Distribution. 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.

See Also: Special Dividends

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