Guggenheim Capital LLC Has $1.08 Million Position in The Mosaic Company (NYSE:MOS)

Guggenheim Capital LLC lifted its position in The Mosaic Company (NYSE:MOS - Free Report) by 29.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 44,019 shares of the basic materials company's stock after purchasing an additional 10,013 shares during the quarter. Guggenheim Capital LLC's holdings in Mosaic were worth $1,082,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in MOS. Brooklyn Investment Group increased 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 worth $27,000 after buying an additional 587 shares in the last quarter. R Squared Ltd acquired a new stake in Mosaic during the 4th quarter valued at $33,000. Tobam bought a new position in Mosaic in the 4th quarter valued at $38,000. Heck Capital Advisors LLC acquired a new position in Mosaic in the fourth quarter worth $41,000. Finally, Ethos Financial Group LLC acquired a new stake in shares of Mosaic in the fourth quarter valued at $55,000. Institutional investors and hedge funds own 77.54% of the company's stock.

Mosaic Stock Performance

Shares of Mosaic stock opened at $27.84 on Wednesday. The Mosaic Company has a 12 month low of $22.36 and a 12 month high of $32.29. 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 $8.82 billion, a PE ratio of 24.64, a PEG ratio of 1.42 and a beta of 1.04. The stock's fifty day simple moving average is $25.85 and its 200 day simple moving average is $26.15.

Mosaic Announces Dividend

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

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Oppenheimer raised shares of Mosaic from a "market perform" rating to an "outperform" rating and set a $33.00 price objective on the stock in a report on Thursday, March 20th. BNP Paribas upgraded Mosaic to a "strong-buy" rating in a research report on Wednesday, April 9th. Morgan Stanley dropped their target price on Mosaic from $40.00 to $30.00 and set an "equal weight" rating for the company in a research report on Monday, January 13th. Scotiabank raised their price target on Mosaic from $31.00 to $34.00 and gave the company a "sector outperform" rating in a report on Wednesday, March 19th. Finally, Mizuho cut their target price on shares of Mosaic from $29.00 to $28.00 and set a "neutral" rating on the stock in a research report on Monday, March 3rd. Seven equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $32.42.

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.

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