Oxbow Advisors LLC Has $5.42 Million Stock Position in The Mosaic Company (NYSE:MOS)

Oxbow Advisors LLC grew its position in shares of The Mosaic Company (NYSE:MOS) by 63.7% in the third quarter, HoldingsChannel reports. The fund owned 202,297 shares of the basic materials company’s stock after acquiring an additional 78,688 shares during the period. Oxbow Advisors LLC’s holdings in Mosaic were worth $5,418,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Confluence Investment Management LLC raised its stake in shares of Mosaic by 12.5% during the 3rd quarter. Confluence Investment Management LLC now owns 13,664 shares of the basic materials company’s stock worth $366,000 after purchasing an additional 1,523 shares in the last quarter. Olympiad Research LP bought a new stake in shares of Mosaic during the 3rd quarter worth approximately $209,000. 1834 Investment Advisors Co. bought a new stake in shares of Mosaic during the 3rd quarter worth approximately $286,000. Catalyst Capital Advisors LLC raised its stake in shares of Mosaic by 7.8% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 55,517 shares of the basic materials company’s stock worth $1,487,000 after purchasing an additional 4,021 shares in the last quarter. Finally, Innealta Capital LLC raised its stake in shares of Mosaic by 1,657.9% during the 3rd quarter. Innealta Capital LLC now owns 10,407 shares of the basic materials company’s stock worth $279,000 after purchasing an additional 9,815 shares in the last quarter. Institutional investors and hedge funds own 77.54% of the company’s stock.

Insider Buying and Selling

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

Mosaic Stock Down 2.2 %

Mosaic stock traded down $0.61 during trading on Friday, hitting $27.73. 3,728,077 shares of the company were exchanged, compared to its average volume of 3,729,289. The business’s 50 day moving average is $26.44 and its 200 day moving average is $28.05. The Mosaic Company has a 52 week low of $24.11 and a 52 week high of $38.30. The company has a market capitalization of $8.84 billion, a P/E ratio of 37.45, a PEG ratio of 1.73 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.

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 analysts’ consensus estimates of $0.66 by ($0.12). The company had revenue of $2.82 billion for the quarter, compared to analysts’ expectations of $2.90 billion. Mosaic had a return on equity of 6.92% and a net margin of 2.01%. The business’s revenue for the quarter was down 17.0% on a year-over-year basis. During the same period last year, the company posted $1.04 EPS. Analysts predict that The Mosaic Company will post 2.27 earnings per share for the current year.

Mosaic Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were given a dividend of $0.21 per share. The ex-dividend date was Thursday, September 5th. This represents a $0.84 annualized dividend and a yield of 3.03%. Mosaic’s payout ratio is 113.51%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on MOS shares. Mizuho dropped their price objective on Mosaic from $31.00 to $28.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 9th. Royal Bank of Canada restated a “sector perform” rating and issued a $30.00 price target on shares of Mosaic in a research note on Monday, August 12th. Barclays dropped their price target on Mosaic from $32.00 to $30.00 and set an “overweight” rating on the stock in a research note on Friday, October 11th. Finally, Wells Fargo & Company dropped their price target on Mosaic from $29.00 to $27.00 and set an “equal weight” rating on the stock 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 issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $33.11.

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.