Donald Smith & CO. Inc. Has $77.14 Million Holdings in The Mosaic Company (NYSE:MOS)

Donald Smith & CO. Inc. raised its holdings in The Mosaic Company (NYSE:MOS - Free Report) by 14.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,138,125 shares of the basic materials company's stock after acquiring an additional 386,545 shares during the quarter. Mosaic accounts for about 1.8% of Donald Smith & CO. Inc.'s portfolio, making the stock its 26th biggest holding. Donald Smith & CO. Inc. owned 0.99% of Mosaic worth $77,135,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in MOS. Geode Capital Management LLC lifted its stake in Mosaic by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 8,621,001 shares of the basic materials company's stock valued at $218,751,000 after purchasing an additional 269,650 shares during the last quarter. Norges Bank acquired a new stake in shares of Mosaic during the 4th quarter valued at $97,363,000. Charles Schwab Investment Management Inc. boosted its stake in shares of Mosaic by 4.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,368,596 shares of the basic materials company's stock worth $82,800,000 after acquiring an additional 150,186 shares in the last quarter. Two Sigma Advisers LP grew its holdings in shares of Mosaic by 40.6% in the 3rd quarter. Two Sigma Advisers LP now owns 3,279,200 shares of the basic materials company's stock worth $87,817,000 after acquiring an additional 947,500 shares during the last quarter. Finally, Allianz Asset Management GmbH raised its position in shares of Mosaic by 190.8% during the fourth quarter. Allianz Asset Management GmbH now owns 1,593,914 shares of the basic materials company's stock worth $39,178,000 after purchasing an additional 1,045,812 shares during the period. Institutional investors own 77.54% of the company's stock.

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Mosaic Stock Down 2.0 %

NYSE MOS traded down $0.48 on Tuesday, reaching $23.09. The stock had a trading volume of 3,030,561 shares, compared to its average volume of 5,778,754. The company has a current ratio of 1.19, a quick ratio of 0.49 and a debt-to-equity ratio of 0.27. The Mosaic Company has a 1 year low of $22.36 and a 1 year high of $33.32. The business has a 50 day moving average price of $26.30 and a 200 day moving average price of $26.21. The company has a market capitalization of $7.32 billion, a price-to-earnings ratio of 20.41, a P/E/G ratio of 1.42 and a beta of 1.04.

Mosaic Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 19th. Stockholders of record on Thursday, June 5th will be paid a dividend of $0.22 per share. The ex-dividend date is Thursday, June 5th. This represents a $0.88 annualized dividend and a dividend yield of 3.81%. Mosaic's dividend payout ratio (DPR) is 160.00%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Barclays raised Mosaic from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $27.00 to $33.00 in a research note on Wednesday, March 19th. JPMorgan Chase & Co. raised shares of Mosaic from a "neutral" rating to an "overweight" rating and lifted their target price for the stock from $26.00 to $29.00 in a research report on Monday, March 3rd. Royal Bank of Canada upped their price target on shares of Mosaic from $28.00 to $30.00 and gave the company a "sector perform" rating in a research report on Friday. Scotiabank lifted their price objective on shares of Mosaic from $31.00 to $34.00 and gave the stock a "sector outperform" rating in a research report on Wednesday, March 19th. Finally, Mizuho reduced their target price on Mosaic from $29.00 to $28.00 and set a "neutral" rating for the company in a report on Monday, March 3rd. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $32.58.

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.