The Mosaic Company (NYSE:MOS) Shares Sold by Jump Financial LLC

Jump Financial LLC trimmed its holdings in The Mosaic Company (NYSE:MOS - Free Report) by 11.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 198,137 shares of the basic materials company's stock after selling 25,344 shares during the quarter. Jump Financial LLC owned about 0.06% of Mosaic worth $4,870,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the business. Pacer Advisors Inc. increased its holdings in Mosaic by 49.0% in the 4th quarter. Pacer Advisors Inc. now owns 73,807 shares of the basic materials company's stock worth $1,814,000 after buying an additional 24,281 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Mosaic by 4.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,368,596 shares of the basic materials company's stock worth $82,800,000 after buying an additional 150,186 shares during the last quarter. OLD National Bancorp IN raised its holdings in Mosaic by 33.8% during the 4th quarter. OLD National Bancorp IN now owns 291,605 shares of the basic materials company's stock valued at $7,168,000 after buying an additional 73,653 shares during the period. Swedbank AB boosted its position in shares of Mosaic by 9.3% during the fourth quarter. Swedbank AB now owns 1,387,332 shares of the basic materials company's stock valued at $34,101,000 after buying an additional 117,838 shares during the period. Finally, Proficio Capital Partners LLC purchased a new position in shares of Mosaic during the fourth quarter worth approximately $1,054,000. Institutional investors own 77.54% of the company's stock.

Mosaic Price Performance

NYSE:MOS traded up $0.32 during trading hours on Tuesday, hitting $27.52. 476,118 shares of the stock were exchanged, compared to its average volume of 4,590,095. The firm's fifty day moving average price is $25.83 and its 200 day moving average price is $26.14. 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 cap of $8.72 billion, a P/E ratio of 24.34, 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 $32.29.

Mosaic Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 19th. Shareholders of record on Thursday, June 5th will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 3.20%. The ex-dividend date of this dividend is Thursday, June 5th. Mosaic's payout ratio is currently 160.00%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Barclays upgraded shares of Mosaic from an "equal weight" rating to an "overweight" rating and boosted their price target for the company from $27.00 to $33.00 in a report on Wednesday, March 19th. JPMorgan Chase & Co. raised 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. Mizuho reduced their target price on shares of Mosaic from $29.00 to $28.00 and set a "neutral" rating for the company in a report on Monday, March 3rd. Piper Sandler reiterated a "neutral" rating and set a $30.00 price objective on shares of Mosaic in a research note on Thursday, March 27th. Finally, Royal Bank of Canada raised their price objective on Mosaic from $28.00 to $30.00 and gave the stock a "sector perform" rating in a research report on Friday, April 4th. Seven analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $32.42.

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.