Quantbot Technologies LP Sells 202,707 Shares of The Mosaic Company (NYSE:MOS)

Quantbot Technologies LP reduced its position in The Mosaic Company (NYSE:MOS - Free Report) by 71.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 79,624 shares of the basic materials company's stock after selling 202,707 shares during the quarter. Quantbot Technologies LP's holdings in Mosaic were worth $1,957,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in MOS. Brooklyn Investment Group increased its stake in 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 acquiring an additional 587 shares during the last quarter. R Squared Ltd bought a new position in shares of Mosaic in the 4th quarter valued at $33,000. Tobam acquired a new position in shares of Mosaic during the 4th quarter worth $38,000. Heck Capital Advisors LLC acquired a new position in shares of Mosaic during the 4th quarter worth $41,000. Finally, Larson Financial Group LLC lifted its position in shares of Mosaic by 180,900.0% during the 3rd quarter. Larson Financial Group LLC now owns 1,810 shares of the basic materials company's stock worth $48,000 after buying an additional 1,809 shares during the last quarter. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Mosaic Stock Down 1.7 %

Shares of NYSE MOS traded down $0.48 during trading on Tuesday, hitting $27.16. The stock had a trading volume of 5,610,476 shares, compared to its average volume of 4,291,423. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.49. The firm has a fifty day moving average of $26.56 and a two-hundred day moving average of $26.16. The Mosaic Company has a 12 month low of $22.48 and a 12 month high of $33.44. The company has a market capitalization of $8.61 billion, a PE ratio of 24.08, a PEG ratio of 1.42 and a beta of 1.34.

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Mosaic Dividend Announcement

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 dividend of $0.22 per share. The ex-dividend date is Thursday, June 5th. This represents a $0.88 annualized dividend and a dividend yield of 3.24%. Mosaic's dividend payout ratio is currently 160.00%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on MOS. Oppenheimer raised Mosaic from a "market perform" rating to an "outperform" rating and set a $33.00 target price for the company in a research note on Thursday, March 20th. Morgan Stanley lowered their price objective on shares of Mosaic from $40.00 to $30.00 and set an "equal weight" rating for the company in a research report on Monday, January 13th. Barclays raised shares of Mosaic from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $27.00 to $33.00 in a research note on Wednesday, March 19th. Piper Sandler increased their price target on Mosaic from $30.00 to $33.00 and gave the company a "neutral" rating in a research note on Monday, January 27th. Finally, Wells Fargo & Company boosted their price objective on Mosaic from $26.00 to $28.00 and gave the stock an "equal weight" rating in a research report on Wednesday, March 19th. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Mosaic presently has a consensus rating of "Hold" and a consensus price target of $32.67.

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.