63,695 The Mosaic Company $MOS Shares Acquired by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP boosted its position in The Mosaic Company (NYSE:MOS) by 309.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 84,250 shares of the basic materials company’s stock after buying an additional 63,695 shares during the period. Fulcrum Asset Management LLP’s holdings in Mosaic were worth $1,889,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Allspring Global Investments Holdings LLC grew its holdings in Mosaic by 23.5% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 22,562 shares of the basic materials company’s stock worth $486,000 after acquiring an additional 4,296 shares during the period. StoneRidge PMG Advisors LLC bought a new position in shares of Mosaic in the 3rd quarter worth about $387,000. Uhlmann Price Securities LLC acquired a new position in shares of Mosaic in the 3rd quarter valued at about $1,587,000. Ethic Inc. acquired a new position in shares of Mosaic in the 3rd quarter valued at about $319,000. Finally, Pictet Asset Management Holding SA lifted its stake in shares of Mosaic by 3.6% in the 3rd quarter. Pictet Asset Management Holding SA now owns 61,710 shares of the basic materials company’s stock valued at $1,336,000 after purchasing an additional 2,171 shares during the period. Institutional investors own 77.54% of the company’s stock.

Insider Activity at Mosaic

In other news, SVP Walter Precourt, III sold 23,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $22.12, for a total transaction of $508,760.00. Following the transaction, the senior vice president directly owned 116,198 shares of the company’s stock, valued at $2,570,299.76. This represents a 16.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.31% of the stock is currently owned by corporate insiders.

Mosaic Stock Performance

Shares of MOS opened at $22.98 on Wednesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.50 and a quick ratio of 0.54. The stock has a 50-day moving average of $21.68 and a 200-day moving average of $23.72. The company has a market cap of $7.30 billion, a PE ratio of -6.49, a P/E/G ratio of 19.45 and a beta of 0.88. The Mosaic Company has a one year low of $16.99 and a one year high of $32.25.

Mosaic (NYSE:MOS) last issued its earnings results on Tuesday, November 3rd. The basic materials company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.18). Mosaic had a negative net margin of 9.43% and a positive return on equity of 0.58%. The firm had revenue of $3.10 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same period in the previous year, the firm earned $1.29 earnings per share. The business’s quarterly revenue was down 10.2% on a year-over-year basis. On average, equities research analysts predict that The Mosaic Company will post 0.11 EPS for the current fiscal year.

Mosaic Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Stockholders of record on Friday, December 4th will be issued a dividend of $0.22 per share. The ex-dividend date is Friday, December 4th. This represents a $0.88 annualized dividend and a dividend yield of 3.8%. Mosaic’s payout ratio is currently -24.86%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. UBS Group decreased their target price on Mosaic from $23.00 to $19.00 and set a “neutral” rating for the company in a research note on Tuesday, October 27th. Zacks Research upgraded Mosaic from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 21st. KeyCorp assumed coverage on Mosaic in a research note on Thursday, September 10th. They issued a “sector weight” rating on the stock. Royal Bank Of Canada cut their price target on Mosaic from $25.00 to $23.00 and set a “sector perform” rating on the stock in a report on Monday. Finally, Barclays cut their price target on Mosaic from $26.00 to $22.00 and set an “equal weight” rating on the stock in a report on Friday, October 16th. Six research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $25.58.

About Mosaic

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. Its products help farmers supply crops with essential nutrients, and the company also makes phosphate-based animal feed ingredients and products for industrial applications. Mosaic’s operations include phosphate mining and processing in the United States and potash mining in Canada. Through its Brazilian operations, Mosaic Fertilizantes, the company produces, blends and distributes crop nutrients and related products in Brazil and other markets in South America.