Semanteon Capital Management LP Purchases New Holdings in The Mosaic Company (NYSE:MOS)

Semanteon Capital Management LP bought a new position in shares of The Mosaic Company (NYSE:MOS) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 7,659 shares of the basic materials company’s stock, valued at approximately $205,000.

A number of other large investors also recently bought and sold shares of MOS. Highlander Capital Management LLC raised its position in shares of Mosaic by 515.4% during the 1st quarter. Highlander Capital Management LLC now owns 800 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 670 shares during the period. Blue Trust Inc. increased its position in Mosaic by 40.0% in the 2nd quarter. Blue Trust Inc. now owns 1,229 shares of the basic materials company’s stock valued at $36,000 after acquiring an additional 351 shares during the period. Fidelis Capital Partners LLC acquired a new stake in Mosaic in the 1st quarter valued at approximately $50,000. ANTIPODES PARTNERS Ltd acquired a new stake in Mosaic in the 2nd quarter valued at approximately $46,000. Finally, Kimelman & Baird LLC acquired a new stake in Mosaic in the 2nd quarter valued at approximately $49,000. Institutional investors own 77.54% of the company’s stock.

Mosaic Price Performance

MOS stock opened at $27.25 on Tuesday. The stock has a 50-day moving average price of $26.60 and a two-hundred day moving average price of $28.25. The stock has a market cap of $8.77 billion, a PE ratio of 11.60, a price-to-earnings-growth ratio of 1.66 and a beta of 1.35. The company has a current ratio of 1.16, a quick ratio of 0.54 and a debt-to-equity ratio of 0.27. The Mosaic Company has a 1 year low of $24.11 and a 1 year high of $38.30.

Mosaic (NYSE:MOS) last issued its quarterly earnings data on Tuesday, August 6th. The basic materials company reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate 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 last year, the business earned $1.04 earnings per share. The company’s revenue was down 17.0% on a year-over-year basis. Equities analysts forecast that The Mosaic Company will post 2.27 EPS for the current fiscal year.

Mosaic Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were paid a $0.21 dividend. The ex-dividend date was Thursday, September 5th. This represents a $0.84 annualized dividend and a dividend yield of 3.08%. Mosaic’s dividend payout ratio is 35.74%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Mizuho lowered their price target on Mosaic from $31.00 to $28.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 9th. Barclays lowered their price target on Mosaic from $32.00 to $30.00 and set an “overweight” rating on the stock in a research report on Friday, October 11th. UBS Group lowered their price target on Mosaic from $33.00 to $30.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 9th. Royal Bank of Canada reissued a “sector perform” rating and set a $30.00 price objective on shares of Mosaic in a research note on Monday, August 12th. Finally, Wells Fargo & Company reduced their price objective on Mosaic from $29.00 to $27.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 24th. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $33.11.

Insider Activity at Mosaic

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

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.