Fox Run Management L.L.C. grew its stake in The Mosaic Company (NYSE:MOS - Free Report) by 234.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,781 shares of the basic materials company's stock after buying an additional 39,826 shares during the period. Fox Run Management L.L.C.'s holdings in Mosaic were worth $1,396,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in the stock. Brooklyn Investment Group raised its position in 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 in the last quarter. R Squared Ltd bought a new position in shares of Mosaic during the 4th quarter valued at about $33,000. Tobam purchased a new position in shares of Mosaic during the 4th quarter valued at about $38,000. Heck Capital Advisors LLC bought a new stake in Mosaic in the 4th quarter worth approximately $41,000. Finally, Larson Financial Group LLC boosted its stake in Mosaic by 180,900.0% in the third quarter. Larson Financial Group LLC now owns 1,810 shares of the basic materials company's stock worth $48,000 after buying an additional 1,809 shares in the last quarter. 77.54% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several research analysts have commented on MOS shares. Wells Fargo & Company lifted their price target on shares of Mosaic from $26.00 to $28.00 and gave the stock an "equal weight" rating in a research note on Wednesday, March 19th. Piper Sandler lifted their price objective on Mosaic from $30.00 to $33.00 and gave the stock a "neutral" rating in a report on Monday, January 27th. Scotiabank increased their target price on Mosaic from $31.00 to $34.00 and gave the company a "sector outperform" rating in a report on Wednesday, March 19th. JPMorgan Chase & Co. raised Mosaic from a "neutral" rating to an "overweight" rating and lifted their price target for the stock from $26.00 to $29.00 in a research note on Monday, March 3rd. Finally, Mizuho dropped their price objective on Mosaic from $29.00 to $28.00 and set a "neutral" rating for the company in a research note on Monday, March 3rd. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $32.67.
Get Our Latest Analysis on MOS
Mosaic Stock Performance
Shares of MOS stock traded down $0.53 during trading hours on Tuesday, reaching $27.10. 4,453,473 shares of the company traded hands, compared to its average volume of 4,291,423. The firm has a 50-day moving average price of $26.56 and a 200 day moving average price of $26.16. The company has a market cap of $8.59 billion, a P/E ratio of 23.97, a P/E/G ratio of 1.42 and a beta of 1.34. The Mosaic Company has a 12-month low of $22.48 and a 12-month high of $33.44. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.49.
Mosaic Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 19th. Investors of record on Thursday, June 5th will be issued a $0.22 dividend. The ex-dividend date is Thursday, June 5th. This represents a $0.88 dividend on an annualized basis and a yield of 3.25%. Mosaic's dividend payout ratio is presently 160.00%.
Mosaic Profile
(
Free Report)
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.
See Also
Before you consider Mosaic, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mosaic wasn't on the list.
While Mosaic currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
