The Mosaic Company (NYSE:MOS - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as $22.36 and last traded at $23.12, with a volume of 752526 shares. The stock had previously closed at $23.45.
Wall Street Analyst Weigh In
MOS has been the topic of several research reports. Morgan Stanley decreased their price target on shares of Mosaic from $40.00 to $30.00 and set an "equal weight" rating on the stock in a research note on Monday, January 13th. Royal Bank of Canada boosted their target price on Mosaic from $28.00 to $30.00 and gave the stock a "sector perform" rating in a report on Friday, April 4th. BNP Paribas upgraded Mosaic to a "strong-buy" rating in a research report on Wednesday. Oppenheimer raised Mosaic from a "market perform" rating to an "outperform" rating and set a $33.00 price objective on the stock in a research note on Thursday, March 20th. Finally, The Goldman Sachs Group assumed coverage on Mosaic in a research note on Thursday, March 13th. They issued a "buy" rating and a $31.00 target price for the company. Seven research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Mosaic has a consensus rating of "Moderate Buy" and an average target price of $32.58.
Read Our Latest Report on Mosaic
Mosaic Stock Performance
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 stock has a market capitalization of $8.15 billion, a PE ratio of 22.76, a price-to-earnings-growth ratio of 1.42 and a beta of 1.04. The firm's fifty day moving average is $25.82 and its 200-day moving average is $26.14.
Mosaic Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 19th. Shareholders of record on Thursday, June 5th will be given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date of this dividend is Thursday, June 5th. Mosaic's payout ratio is 160.00%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of the company. Intellectus Partners LLC lifted its stake in Mosaic by 3.3% during the 4th 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 in the last quarter. Arizona State Retirement System lifted its position in shares of Mosaic by 0.5% during the fourth 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 in the last quarter. Probity Advisors Inc. boosted its stake in shares of Mosaic by 6.2% in the fourth quarter. Probity Advisors Inc. now owns 8,701 shares of the basic materials company's stock valued at $214,000 after purchasing an additional 508 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of Mosaic by 1.8% in the fourth 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. Finally, Brooklyn Investment Group grew 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. 77.54% of the stock is currently owned by hedge funds and other institutional investors.
Mosaic Company Profile
(
Get 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.
Recommended Stories
Before you consider Mosaic, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mosaic wasn't on the list.
While Mosaic currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
