Grantham Mayo Van Otterloo & Co. LLC lessened its stake in The Mosaic Company (NYSE:MOS - Free Report) by 8.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 732,013 shares of the basic materials company's stock after selling 65,824 shares during the period. Grantham Mayo Van Otterloo & Co. LLC owned 0.23% of Mosaic worth $17,993,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of the company. Intellectus Partners LLC raised its position in shares of Mosaic by 3.3% during the fourth quarter. Intellectus Partners LLC now owns 12,350 shares of the basic materials company's stock worth $304,000 after acquiring an additional 400 shares during the last quarter. Arizona State Retirement System raised its holdings in Mosaic by 0.5% during the 4th quarter. Arizona State Retirement System now owns 92,550 shares of the basic materials company's stock worth $2,275,000 after purchasing an additional 471 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in Mosaic by 1.8% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 32,516 shares of the basic materials company's stock valued at $799,000 after purchasing an additional 570 shares during the period. Brooklyn Investment Group boosted its stake in shares of 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 last quarter. Finally, Investors Asset Management of Georgia Inc. GA ADV boosted its stake in shares of Mosaic by 7.0% in the 4th quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 9,524 shares of the basic materials company's stock valued at $237,000 after purchasing an additional 619 shares during the last quarter. Institutional investors and hedge funds own 77.54% of the company's stock.
Mosaic Stock Up 6.1 %
Shares of Mosaic stock traded up $1.47 during trading on Friday, reaching $25.67. The stock had a trading volume of 2,437,407 shares, compared to its average volume of 4,559,724. 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 company has a market capitalization of $8.14 billion, a price-to-earnings ratio of 22.68, a P/E/G ratio of 1.42 and a beta of 1.04. The Mosaic Company has a 52 week low of $22.36 and a 52 week high of $32.66. The stock has a fifty day moving average price of $25.87 and a two-hundred day moving average price of $26.14.
Mosaic Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 19th. Shareholders of record on Thursday, June 5th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 3.43%. The ex-dividend date is Thursday, June 5th. Mosaic's dividend payout ratio (DPR) is currently 160.00%.
Analyst Ratings Changes
Several equities analysts recently weighed in on MOS shares. Royal Bank of Canada increased their price objective on shares of Mosaic from $28.00 to $30.00 and gave the company a "sector perform" rating in a report on Friday, April 4th. Piper Sandler reissued a "neutral" rating and issued a $30.00 price target on shares of Mosaic in a research note on Thursday, March 27th. The Goldman Sachs Group started coverage on Mosaic in a research report on Thursday, March 13th. They issued a "buy" rating and a $31.00 price target on the stock. Oppenheimer upgraded Mosaic from a "market perform" rating to an "outperform" rating and set a $33.00 price objective for the company in a report on Thursday, March 20th. Finally, Scotiabank raised their target price on Mosaic from $31.00 to $34.00 and gave the stock a "sector outperform" rating in a report on Wednesday, March 19th. Seven equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Mosaic presently has a consensus rating of "Moderate Buy" and a consensus target price of $32.58.
Read Our Latest Stock Report on MOS
About Mosaic
(
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.
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