O Shaughnessy Asset Management LLC Sells 18,095 Shares of The Mosaic Company (NYSE:MOS)

O Shaughnessy Asset Management LLC lowered its holdings in shares of The Mosaic Company (NYSE:MOS - Free Report) by 47.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 19,832 shares of the basic materials company's stock after selling 18,095 shares during the period. O Shaughnessy Asset Management LLC's holdings in Mosaic were worth $487,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in MOS. Brooklyn Investment Group increased its stake 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 worth $27,000 after buying an additional 587 shares during the period. R Squared Ltd bought a new position in shares of Mosaic during the fourth quarter valued at about $33,000. Tobam purchased a new stake in shares of Mosaic during the fourth quarter worth about $38,000. Heck Capital Advisors LLC bought a new stake in shares of Mosaic in the fourth quarter worth about $41,000. Finally, Ethos Financial Group LLC purchased a new position in Mosaic during the 4th quarter valued at about $55,000. Hedge funds and other institutional investors own 77.54% of the company's stock.

Mosaic Stock Up 2.4 %

Shares of NYSE:MOS traded up $0.65 on Wednesday, hitting $27.04. 485,328 shares of the company traded hands, compared to its average volume of 4,568,364. The company has a quick ratio of 0.49, a current ratio of 1.19 and a debt-to-equity ratio of 0.27. The company has a market cap of $8.57 billion, a PE ratio of 23.91, a PEG 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. The stock has a 50 day simple moving average of $25.80 and a 200-day simple moving average of $26.14.

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Mosaic Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Investors of record on Thursday, June 5th will be issued a $0.22 dividend. The ex-dividend date is Thursday, June 5th. This represents a $0.88 dividend on an annualized basis and a yield of 3.26%. Mosaic's payout ratio is currently 160.00%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Wells Fargo & Company increased their price objective on Mosaic from $26.00 to $28.00 and gave the stock an "equal weight" rating in a report on Wednesday, March 19th. Piper Sandler reiterated a "neutral" rating and issued a $30.00 price target on shares of Mosaic in a report on Thursday, March 27th. JPMorgan Chase & Co. raised shares of Mosaic from a "neutral" rating to an "overweight" rating and boosted their price objective for the company from $26.00 to $29.00 in a research report on Monday, March 3rd. Oppenheimer raised shares of Mosaic from a "market perform" rating to an "outperform" rating and set a $33.00 target price for the company in a research report on Thursday, March 20th. Finally, Royal Bank of Canada boosted their price target on shares of Mosaic from $28.00 to $30.00 and gave the company a "sector perform" rating in a research report on Friday, April 4th. Seven research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $32.58.

About Mosaic

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.