Invesco Ltd. Has $332.01 Million Position in The Mosaic Company (NYSE:MOS)

Invesco Ltd. boosted its stake in The Mosaic Company (NYSE:MOS - Free Report) by 29.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,507,131 shares of the basic materials company's stock after acquiring an additional 3,058,243 shares during the quarter. Invesco Ltd. owned 4.25% of Mosaic worth $332,005,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MOS. Brooklyn Investment Group lifted its holdings in shares of Mosaic by 110.8% in 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 acquired a new stake in Mosaic in the 4th quarter valued at approximately $33,000. Tobam bought a new stake in Mosaic in the 4th quarter valued at approximately $38,000. Heck Capital Advisors LLC acquired a new position in Mosaic during the 4th quarter worth approximately $41,000. Finally, Ethos Financial Group LLC bought a new position in shares of Mosaic during the 4th quarter worth approximately $55,000. 77.54% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently commented on MOS shares. Mizuho cut their price objective 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. JPMorgan Chase & Co. raised shares of Mosaic from a "neutral" rating to an "overweight" rating and boosted their price target for the stock from $26.00 to $29.00 in a research report on Monday, March 3rd. Wells Fargo & Company raised their price objective on Mosaic from $26.00 to $28.00 and gave the company an "equal weight" rating in a report on Wednesday, March 19th. The Goldman Sachs Group initiated coverage on Mosaic in a research report on Thursday, March 13th. They issued a "buy" rating and a $31.00 target price on the stock. Finally, BNP Paribas upgraded Mosaic to a "strong-buy" rating in a research note on Wednesday, April 9th. 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. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $32.58.

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Mosaic Stock Performance

MOS traded down $0.08 during trading hours on Tuesday, reaching $26.50. The company's stock had a trading volume of 991,378 shares, compared to its average volume of 4,570,443. The company's 50-day moving average is $25.80 and its 200-day moving average is $26.14. The Mosaic Company has a 52 week low of $22.36 and a 52 week high of $32.29. The firm has a market cap of $8.40 billion, a PE ratio of 23.45, a price-to-earnings-growth ratio of 1.42 and a beta of 1.04. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.49 and a current ratio of 1.19.

Mosaic Dividend Announcement

The business also recently announced 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. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.32%. The ex-dividend date is Thursday, June 5th. Mosaic's dividend payout ratio is presently 160.00%.

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.