Glenorchy Capital Ltd Makes New $1.76 Million Investment in The Mosaic Company (NYSE:MOS)

Glenorchy Capital Ltd bought a new stake in The Mosaic Company (NYSE:MOS) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 49,256 shares of the basic materials company’s stock, valued at approximately $1,760,000. Mosaic accounts for about 0.7% of Glenorchy Capital Ltd’s portfolio, making the stock its 27th biggest holding.

Other large investors also recently bought and sold shares of the company. Denali Advisors LLC grew its holdings in Mosaic by 100.5% in the fourth quarter. Denali Advisors LLC now owns 826 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 414 shares during the last quarter. Janiczek Wealth Management LLC grew its holdings in Mosaic by 28.0% in the fourth quarter. Janiczek Wealth Management LLC now owns 1,455 shares of the basic materials company’s stock valued at $52,000 after purchasing an additional 318 shares during the last quarter. Exchange Traded Concepts LLC grew its holdings in Mosaic by 526.1% in the third quarter. Exchange Traded Concepts LLC now owns 1,534 shares of the basic materials company’s stock valued at $55,000 after purchasing an additional 1,289 shares during the last quarter. NBC Securities Inc. acquired a new stake in Mosaic in the third quarter valued at $57,000. Finally, Planned Solutions Inc. acquired a new stake in Mosaic in the fourth quarter valued at $65,000. Institutional investors and hedge funds own 77.54% of the company’s stock.

Analysts Set New Price Targets

MOS has been the topic of several research reports. Scotiabank raised Mosaic from a “sector perform” rating to a “sector outperform” rating and set a $40.00 target price on the stock in a report on Thursday, February 22nd. Wells Fargo & Company increased their price objective on Mosaic from $34.00 to $35.00 and gave the company an “equal weight” rating in a research note on Friday, February 23rd. The Goldman Sachs Group decreased their price objective on Mosaic from $54.00 to $48.00 and set a “buy” rating on the stock in a research note on Thursday, February 1st. Wolfe Research started coverage on Mosaic in a research note on Friday, March 1st. They set an “outperform” rating and a $39.00 price objective on the stock. Finally, Mizuho lowered Mosaic from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $42.00 to $34.00 in a research note on Wednesday, January 24th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $40.27.

Mosaic Trading Down 1.1 %

NYSE:MOS traded down $0.33 during mid-day trading on Tuesday, reaching $30.41. The company’s stock had a trading volume of 3,935,568 shares, compared to its average volume of 4,877,516. The company’s fifty day simple moving average is $31.51 and its two-hundred day simple moving average is $33.38. The stock has a market cap of $9.78 billion, a P/E ratio of 8.71, a P/E/G ratio of 1.58 and a beta of 1.50. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.22 and a quick ratio of 0.57. The Mosaic Company has a twelve month low of $29.25 and a twelve month high of $44.44.

Mosaic (NYSE:MOS) last released its quarterly earnings data on Thursday, February 22nd. The basic materials company reported $0.71 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.11). The firm had revenue of $3.15 billion during the quarter, compared to analysts’ expectations of $3.09 billion. Mosaic had a return on equity of 9.69% and a net margin of 8.51%. The business’s revenue for the quarter was down 29.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.74 earnings per share. On average, equities analysts predict that The Mosaic Company will post 2.81 EPS for the current year.

Mosaic Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Thursday, June 6th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Thursday, June 6th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.76%. Mosaic’s dividend payout ratio (DPR) is 24.07%.

About Mosaic

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.