Transamerica Financial Advisors Inc. Takes $61,000 Position in The Mosaic Company (NYSE:MOS)

Transamerica Financial Advisors Inc. acquired a new position in The Mosaic Company (NYSE:MOS) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,278 shares of the basic materials company’s stock, valued at approximately $61,000.

Several other large investors also recently added to or reduced their stakes in the business. Quantbot Technologies LP boosted its stake in shares of Mosaic by 171.4% during the 3rd quarter. Quantbot Technologies LP now owns 282,331 shares of the basic materials company’s stock worth $7,561,000 after acquiring an additional 178,293 shares during the last quarter. West Tower Group LLC purchased a new position in Mosaic during the third quarter valued at $281,000. Mirabella Financial Services LLP grew its holdings in Mosaic by 28.5% during the third quarter. Mirabella Financial Services LLP now owns 16,182 shares of the basic materials company’s stock valued at $433,000 after purchasing an additional 3,586 shares during the period. Daiwa Securities Group Inc. raised its stake in shares of Mosaic by 10.5% in the third quarter. Daiwa Securities Group Inc. now owns 38,639 shares of the basic materials company’s stock worth $1,035,000 after buying an additional 3,675 shares during the period. Finally, Larson Financial Group LLC lifted its position in shares of Mosaic by 180,900.0% during the 3rd quarter. Larson Financial Group LLC now owns 1,810 shares of the basic materials company’s stock valued at $48,000 after buying an additional 1,809 shares in the last quarter. 77.54% of the stock is currently owned by institutional investors.

Mosaic Price Performance

NYSE:MOS opened at $25.73 on Thursday. The company has a current ratio of 1.19, a quick ratio of 0.49 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $8.17 billion, a P/E ratio of 22.77, a P/E/G ratio of 1.81 and a beta of 1.35. The Mosaic Company has a 12 month low of $24.11 and a 12 month high of $38.30. The business’s 50-day moving average is $26.44 and its 200 day moving average is $27.69.

Mosaic (NYSE:MOS) last posted its earnings results on Tuesday, November 12th. The basic materials company reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.24). The firm had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $3.17 billion. Mosaic had a return on equity of 6.00% and a net margin of 3.24%. Mosaic’s quarterly revenue was down 20.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.68 earnings per share. On average, equities research analysts forecast that The Mosaic Company will post 2.07 earnings per share for the current fiscal year.

Mosaic Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $0.84 annualized dividend and a yield of 3.26%. Mosaic’s payout ratio is currently 74.34%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Wells Fargo & Company reduced their target price on shares of Mosaic from $29.00 to $27.00 and set an “equal weight” rating for the company in a report on Tuesday, September 24th. Mizuho raised their price objective on shares of Mosaic from $28.00 to $29.00 and gave the company a “neutral” rating in a research report on Wednesday, November 13th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $30.00 target price on shares of Mosaic in a report on Thursday, November 14th. Finally, Barclays decreased their price target on Mosaic from $32.00 to $30.00 and set an “overweight” rating on the stock in a report on Friday, October 11th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $33.22.

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.