1834 Investment Advisors Co. Invests $286,000 in The Mosaic Company (NYSE:MOS)

1834 Investment Advisors Co. acquired a new position in shares of The Mosaic Company (NYSE:MOS) in the 3rd quarter, HoldingsChannel reports. The firm acquired 10,698 shares of the basic materials company’s stock, valued at approximately $286,000.

Other hedge funds also recently modified their holdings of the company. Highlander Capital Management LLC increased its holdings in shares of Mosaic by 515.4% during the first quarter. Highlander Capital Management LLC now owns 800 shares of the basic materials company’s stock worth $26,000 after buying an additional 670 shares in the last quarter. Blue Trust Inc. grew its stake in shares of Mosaic by 40.0% during the second quarter. Blue Trust Inc. now owns 1,229 shares of the basic materials company’s stock valued at $36,000 after purchasing an additional 351 shares during the last quarter. Fidelis Capital Partners LLC bought a new stake in shares of Mosaic during the first quarter valued at approximately $50,000. ANTIPODES PARTNERS Ltd bought a new stake in shares of Mosaic during the second quarter valued at approximately $46,000. Finally, Kimelman & Baird LLC bought a new stake in shares of Mosaic during the second quarter valued at approximately $49,000. Institutional investors and hedge funds own 77.54% of the company’s stock.

Analyst Ratings Changes

MOS has been the topic of several research analyst reports. Royal Bank of Canada reissued a “sector perform” rating and set a $30.00 price target on shares of Mosaic in a research note on Monday, August 12th. Wells Fargo & Company reduced their price objective on shares of Mosaic from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Tuesday, September 24th. Barclays reduced their price objective on shares of Mosaic from $32.00 to $30.00 and set an “overweight” rating on the stock in a research note on Friday, October 11th. Finally, Mizuho reduced their price objective on shares of Mosaic from $31.00 to $28.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $33.11.

Insider Buying and Selling

In other Mosaic news, Director Kelvin R. Westbrook sold 12,666 shares of Mosaic stock in a transaction on Monday, August 12th. The shares were sold at an average price of $27.32, for a total value of $346,035.12. Following the sale, the director now directly owns 34,359 shares in the company, valued at approximately $938,687.88. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Mosaic news, SVP Walter F. Precourt III sold 39,748 shares of Mosaic stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $27.96, for a total value of $1,111,354.08. Following the sale, the senior vice president now directly owns 136,682 shares in the company, valued at approximately $3,821,628.72. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kelvin R. Westbrook sold 12,666 shares of the business’s stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $27.32, for a total transaction of $346,035.12. Following the transaction, the director now owns 34,359 shares in the company, valued at $938,687.88. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.86% of the stock is currently owned by company insiders.

Mosaic Trading Down 1.7 %

Shares of NYSE:MOS opened at $27.59 on Thursday. The Mosaic Company has a 12 month low of $24.11 and a 12 month high of $38.30. The company has a quick ratio of 0.54, a current ratio of 1.16 and a debt-to-equity ratio of 0.27. The company’s fifty day simple moving average is $26.46 and its 200 day simple moving average is $28.07. The firm has a market cap of $8.79 billion, a price-to-earnings ratio of 37.28, a PEG ratio of 1.78 and a beta of 1.35.

Mosaic (NYSE:MOS) last issued its quarterly earnings data on Tuesday, August 6th. The basic materials company reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.12). Mosaic had a return on equity of 6.92% and a net margin of 2.01%. The company had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.90 billion. During the same quarter in the previous year, the business earned $1.04 earnings per share. The company’s revenue was down 17.0% on a year-over-year basis. As a group, research analysts forecast that The Mosaic Company will post 2.27 EPS for the current fiscal year.

Mosaic Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were issued a dividend of $0.21 per share. The ex-dividend date was Thursday, September 5th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.04%. Mosaic’s payout ratio is 113.51%.

Mosaic 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.