Boston Partners Decreases Stock Holdings in The Mosaic Company (NYSE:MOS)

Boston Partners trimmed its stake in shares of The Mosaic Company (NYSE:MOS - Free Report) by 19.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,611,286 shares of the basic materials company's stock after selling 1,394,714 shares during the period. Boston Partners owned approximately 1.77% of Mosaic worth $137,970,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Brooklyn Investment Group raised its holdings in shares of Mosaic by 110.8% during the fourth 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 last quarter. R Squared Ltd purchased a new position in shares of Mosaic during the fourth quarter valued at approximately $33,000. Tobam purchased a new position in shares of Mosaic during the fourth quarter valued at approximately $38,000. Heck Capital Advisors LLC purchased a new position in shares of Mosaic during the fourth quarter valued at approximately $41,000. Finally, Larson Financial Group LLC raised its holdings in shares of Mosaic by 180,900.0% during the third quarter. Larson Financial Group LLC now owns 1,810 shares of the basic materials company's stock valued at $48,000 after purchasing an additional 1,809 shares during the last quarter. 77.54% of the stock is owned by hedge funds and other institutional investors.

Mosaic Price Performance

Shares of MOS stock traded down $0.55 during mid-day trading on Friday, hitting $27.83. The company had a trading volume of 7,382,409 shares, compared to its average volume of 4,291,115. The Mosaic Company has a 52-week low of $22.48 and a 52-week high of $33.44. The stock's 50 day moving average price is $26.54 and its 200-day moving average price is $26.16. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.49. The company has a market capitalization of $8.82 billion, a P/E ratio of 24.63, a P/E/G ratio of 1.42 and a beta of 1.34.

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Mosaic Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 19th. Stockholders of record on Thursday, June 5th will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend is Thursday, June 5th. Mosaic's dividend payout ratio (DPR) is presently 160.00%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. CIBC assumed coverage on shares of Mosaic in a report on Tuesday, December 10th. They set a "neutral" rating and a $55.00 price objective for the company. Barclays upgraded shares of Mosaic from an "equal weight" rating to an "overweight" rating and boosted their target price for the company from $27.00 to $33.00 in a research report on Wednesday. Morgan Stanley cut their target price on shares of Mosaic from $40.00 to $30.00 and set an "equal weight" rating for the company in a research report on Monday, January 13th. Oppenheimer upgraded shares of Mosaic from a "market perform" rating to an "outperform" rating and set a $33.00 target price for the company in a research report on Thursday. Finally, Scotiabank boosted their target price on shares of Mosaic from $31.00 to $34.00 and gave the company a "sector outperform" rating in a research report on Wednesday. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target 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.