Proficio Capital Partners LLC Makes New Investment in The Mosaic Company (NYSE:MOS)

Proficio Capital Partners LLC bought a new stake in The Mosaic Company (NYSE:MOS - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 42,868 shares of the basic materials company's stock, valued at approximately $1,054,000.

Other large investors have also bought and sold shares of the company. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of Mosaic by 1.8% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 32,516 shares of the basic materials company's stock worth $799,000 after purchasing an additional 570 shares during the last quarter. Brooklyn Investment Group boosted its holdings in Mosaic by 110.8% in the 4th quarter. Brooklyn Investment Group now owns 1,117 shares of the basic materials company's stock valued at $27,000 after purchasing an additional 587 shares during the period. Investors Asset Management of Georgia Inc. GA ADV grew its holdings in shares of Mosaic by 7.0% during the fourth quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 9,524 shares of the basic materials company's stock worth $237,000 after purchasing an additional 619 shares in the last quarter. Confluence Investment Management LLC increased its stake in Mosaic by 6.3% in the fourth quarter. Confluence Investment Management LLC now owns 14,527 shares of the basic materials company's stock valued at $357,000 after acquiring an additional 863 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. raised its holdings in shares of Mosaic by 0.9% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 99,473 shares of the basic materials company's stock valued at $2,664,000 after buying an additional 932 shares in the last quarter. 77.54% of the stock is owned by institutional investors and hedge funds.

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Mosaic Stock Performance

MOS traded down $0.42 on Tuesday, reaching $27.21. The company had a trading volume of 8,391,662 shares, compared to its average volume of 4,291,423. The Mosaic Company has a 1 year low of $22.48 and a 1 year high of $33.44. The company has a quick ratio of 0.49, a current ratio of 1.19 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $8.62 billion, a PE ratio of 24.08, a P/E/G ratio of 1.42 and a beta of 1.34. The stock has a 50-day moving average price of $26.56 and a 200-day moving average price of $26.16.

Mosaic Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Shareholders of record on Thursday, June 5th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 3.23%. The ex-dividend date is Thursday, June 5th. Mosaic's payout ratio is 160.00%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on MOS shares. Barclays upgraded shares of Mosaic from an "equal weight" rating to an "overweight" rating and upped their price target for the company from $27.00 to $33.00 in a report on Wednesday, March 19th. Oppenheimer raised shares of Mosaic from a "market perform" rating to an "outperform" rating and set a $33.00 target price on the stock in a research report on Thursday, March 20th. CIBC began coverage on Mosaic in a research note on Tuesday, December 10th. They set a "neutral" rating and a $55.00 price objective for the company. The Goldman Sachs Group started coverage on shares of Mosaic in a research note on Thursday, March 13th. They issued a "buy" rating and a $31.00 target price on the stock. Finally, Piper Sandler boosted their price target on Mosaic from $30.00 to $33.00 and gave the stock a "neutral" rating in a research note on Monday, January 27th. Seven research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Mosaic presently has a consensus rating of "Hold" and a consensus target price of $32.67.

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.