68,982 Shares in The Mosaic Company (NYSE:MOS) Acquired by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR bought a new position in The Mosaic Company (NYSE:MOS - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 68,982 shares of the basic materials company's stock, valued at approximately $1,696,000.

Several other large investors also recently made changes to their positions in MOS. Brooklyn Investment Group grew 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 worth $27,000 after buying an additional 587 shares in the last quarter. R Squared Ltd acquired a new position in shares of Mosaic during the fourth quarter valued at $33,000. Tobam bought a new stake in shares of Mosaic during the fourth quarter valued at about $38,000. Heck Capital Advisors LLC acquired a new stake in Mosaic in the fourth quarter worth about $41,000. Finally, Larson Financial Group LLC increased its stake in Mosaic by 180,900.0% during the 3rd quarter. Larson Financial Group LLC now owns 1,810 shares of the basic materials company's stock valued at $48,000 after buying an additional 1,809 shares during the period. Institutional investors and hedge funds own 77.54% of the company's stock.

Mosaic Stock Down 1.5 %

NYSE MOS traded down $0.42 during trading on Tuesday, reaching $27.21. 8,391,662 shares of the company's stock were exchanged, compared to its average volume of 5,878,498. 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 fifty-two week low of $22.48 and a fifty-two week high of $33.44. The company's fifty day simple moving average is $26.56 and its 200-day simple moving average is $26.16. The firm 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.

Remove Ads

Mosaic Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Barclays raised Mosaic from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $27.00 to $33.00 in a report on Wednesday, March 19th. Morgan Stanley lowered their target price on Mosaic from $40.00 to $30.00 and set an "equal weight" rating on the stock in a report on Monday, January 13th. Oppenheimer raised shares of Mosaic from a "market perform" rating to an "outperform" rating and set a $33.00 price target for the company in a report on Thursday, March 20th. JPMorgan Chase & Co. raised shares of Mosaic from a "neutral" rating to an "overweight" rating and lifted their price objective for the stock from $26.00 to $29.00 in a research note on Monday, March 3rd. Finally, CIBC started coverage on shares of Mosaic in a research note on Tuesday, December 10th. They set a "neutral" rating and a $55.00 target price for the company. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Mosaic currently has an average rating of "Hold" and a consensus target price of $32.67.

Mosaic 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.