Mosaic Company (The) Sees Unusually Large Options Volume (NYSE:MOS)

Mosaic Company (The) (NYSE:MOS) was the target of some unusual options trading on Wednesday. Investors bought 574 call options on the stock. This is an increase of approximately 160% compared to the average volume of 221 call options.

Shares of Mosaic Company (NYSE MOS) opened at C$22.84 on Monday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.78. The stock has a market cap of $8,017.96, a PE ratio of 22.39, a price-to-earnings-growth ratio of 2.72 and a beta of 1.27. Mosaic Company has a 1 year low of C$19.23 and a 1 year high of C$34.36.

Mosaic Company (The) (NYSE:MOS) last issued its quarterly earnings data on Tuesday, October 31st. The company reported C$0.43 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.25 by C$0.18. The business had revenue of C$1.98 billion during the quarter, compared to analyst estimates of C$1.93 billion. Mosaic Company (The) had a net margin of 4.68% and a return on equity of 3.61%. Mosaic Company (The)’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period last year, the business posted $0.41 earnings per share. equities research analysts anticipate that Mosaic Company will post 0.88 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Thursday, December 7th will be paid a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 0.44%. The ex-dividend date of this dividend is Wednesday, December 6th. Mosaic Company (The)’s dividend payout ratio is presently 62.50%.

A number of equities research analysts recently commented on the company. Zacks Investment Research downgraded Mosaic Company (The) from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. Citigroup Inc. increased their price target on Mosaic Company (The) from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Thursday, November 2nd. BMO Capital Markets upped their price objective on Mosaic Company (The) from $23.00 to $24.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 1st. Cleveland Research raised Mosaic Company (The) from a “neutral” rating to a “buy” rating in a research report on Wednesday, November 1st. Finally, Scotiabank raised Mosaic Company (The) from an “underperform” rating to a “sector perform” rating in a research report on Wednesday, November 1st. Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of C$23.91.

In other news, Director Robert L. Lumpkins purchased 7,000 shares of the business’s stock in a transaction dated Monday, August 21st. The shares were acquired at an average price of C$19.94 per share, with a total value of C$139,580.00. Following the completion of the purchase, the director now directly owns 9,339 shares of the company’s stock, valued at approximately C$186,219.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.38% of the stock is owned by insiders.

Several institutional investors have recently modified their holdings of the company. CIBC Asset Management Inc boosted its stake in shares of Mosaic Company (The) by 0.4% during the 2nd quarter. CIBC Asset Management Inc now owns 37,157 shares of the company’s stock worth $848,000 after acquiring an additional 149 shares during the last quarter. Sentry Investment Management LLC lifted its stake in shares of Mosaic Company (The) by 1.0% during the 2nd quarter. Sentry Investment Management LLC now owns 23,662 shares of the company’s stock valued at $540,000 after buying an additional 223 shares in the last quarter. Bank of Hawaii lifted its stake in shares of Mosaic Company (The) by 0.8% during the 2nd quarter. Bank of Hawaii now owns 36,496 shares of the company’s stock valued at $833,000 after buying an additional 287 shares in the last quarter. Xact Kapitalforvaltning AB lifted its stake in shares of Mosaic Company (The) by 0.6% during the 2nd quarter. Xact Kapitalforvaltning AB now owns 53,096 shares of the company’s stock valued at $1,212,000 after buying an additional 297 shares in the last quarter. Finally, Louisiana State Employees Retirement System lifted its stake in shares of Mosaic Company (The) by 1.4% during the 2nd quarter. Louisiana State Employees Retirement System now owns 21,800 shares of the company’s stock valued at $498,000 after buying an additional 300 shares in the last quarter. Institutional investors and hedge funds own 77.68% of the company’s stock.

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About Mosaic Company (The)

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.

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