Stock Traders Buy Large Volume of Call Options on Mosaic Company (The) (MOS)

Mosaic Company (The) (NYSE:MOS) was the recipient of some unusual options trading on Tuesday. Investors bought 574 call options on the company. This represents an increase of approximately 160% compared to the typical daily volume of 221 call options.

In related news, Director Robert L. Lumpkins bought 7,000 shares of the stock in a transaction on Monday, August 21st. The shares were purchased at an average price of $19.94 per share, for a total transaction of $139,580.00. Following the acquisition, the director now owns 9,339 shares in the company, valued at $186,219.66. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.38% of the stock is currently owned by corporate insiders.

Institutional investors have recently added to or reduced their stakes in the business. Turner Investments LLC acquired a new position in shares of Mosaic Company (The) during the first quarter valued at about $158,000. Pacer Advisors Inc. raised its position in shares of Mosaic Company (The) by 8.7% during the second quarter. Pacer Advisors Inc. now owns 7,366 shares of the basic materials company’s stock valued at $168,000 after buying an additional 587 shares during the last quarter. Bronfman E.L. Rothschild L.P. raised its position in shares of Mosaic Company (The) by 878.3% during the first quarter. Bronfman E.L. Rothschild L.P. now owns 6,007 shares of the basic materials company’s stock valued at $175,000 after buying an additional 5,393 shares during the last quarter. CrestPoint Capital Management LLC acquired a new position in shares of Mosaic Company (The) during the second quarter valued at about $208,000. Finally, Greenwood Capital Associates LLC acquired a new position in shares of Mosaic Company (The) during the first quarter valued at about $211,000. 76.81% of the stock is owned by hedge funds and other institutional investors.

Mosaic Company (MOS) opened at 20.66 on Friday. The stock has a market capitalization of $7.25 billion, a price-to-earnings ratio of 49.19 and a beta of 1.27. The company has a 50 day moving average price of $20.72 and a 200 day moving average price of $24.31. Mosaic Company has a 12 month low of $19.23 and a 12 month high of $34.36.

Mosaic Company (The) (NYSE:MOS) last released its quarterly earnings data on Tuesday, August 1st. The basic materials company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.04. Mosaic Company (The) had a net margin of 2.07% and a return on equity of 3.31%. The business had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.75 billion. During the same quarter in the previous year, the business earned $0.06 EPS. Mosaic Company (The)’s quarterly revenue was up 4.7% compared to the same quarter last year. Equities research analysts predict that Mosaic Company will post $0.76 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 21st. Shareholders of record on Thursday, September 7th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.90%. The ex-dividend date of this dividend is Wednesday, September 6th. Mosaic Company (The)’s dividend payout ratio is 142.86%.

A number of research analysts have weighed in on MOS shares. Zacks Investment Research lowered Mosaic Company (The) from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 4th. BidaskClub raised Mosaic Company (The) from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. BMO Capital Markets reissued a “market perform” rating and set a $25.00 price target (down previously from $26.00) on shares of Mosaic Company (The) in a research note on Wednesday, August 2nd. Citigroup Inc. reduced their price target on Mosaic Company (The) from $27.00 to $26.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 12th. Finally, Royal Bank Of Canada reduced their price target on Mosaic Company (The) from $26.00 to $25.00 and set a “sector perform” rating on the stock in a research note on Friday, July 14th. Six investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $25.15.

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Mosaic Company (The) 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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