Robeco Institutional Asset Management B.V. boosted its position in The Mosaic Company (NYSE:MOS - Free Report) by 115.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,188 shares of the basic materials company's stock after buying an additional 37,099 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Mosaic were worth $1,853,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in MOS. Vanguard Group Inc. raised its stake in Mosaic by 5.1% during the first quarter. Vanguard Group Inc. now owns 39,357,229 shares of the basic materials company's stock worth $1,277,536,000 after acquiring an additional 1,893,797 shares during the period. Price T Rowe Associates Inc. MD raised its stake in Mosaic by 1,815.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 10,682,108 shares of the basic materials company's stock worth $346,743,000 after acquiring an additional 10,124,427 shares during the period. Dimensional Fund Advisors LP raised its stake in Mosaic by 34.6% during the second quarter. Dimensional Fund Advisors LP now owns 6,337,124 shares of the basic materials company's stock worth $183,155,000 after acquiring an additional 1,628,850 shares during the period. AQR Capital Management LLC raised its stake in Mosaic by 15.1% during the second quarter. AQR Capital Management LLC now owns 3,311,123 shares of the basic materials company's stock worth $95,691,000 after acquiring an additional 435,598 shares during the period. Finally, Donald Smith & CO. Inc. raised its stake in Mosaic by 32.1% during the third quarter. Donald Smith & CO. Inc. now owns 2,751,580 shares of the basic materials company's stock worth $73,687,000 after acquiring an additional 668,347 shares during the period. Institutional investors and hedge funds own 77.54% of the company's stock.
Analyst Upgrades and Downgrades
Several research firms have commented on MOS. Wells Fargo & Company decreased their target price on shares of Mosaic from $29.00 to $27.00 and set an "equal weight" rating for the company in a research report on Tuesday, September 24th. Royal Bank of Canada restated a "sector perform" rating and issued a $30.00 target price on shares of Mosaic in a research report on Monday, August 12th. Barclays decreased their target price on shares of Mosaic from $32.00 to $30.00 and set an "overweight" rating for the company in a research report on Friday, October 11th. Finally, Mizuho decreased their price objective on shares of Mosaic from $31.00 to $28.00 and set a "neutral" rating for the company in a report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $33.11.
View Our Latest Stock Report on MOS
Insider Buying and Selling at Mosaic
In other Mosaic news, Director Kelvin R. Westbrook sold 12,666 shares of Mosaic stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $27.32, for a total value of $346,035.12. Following the transaction, the director now owns 34,359 shares of the company's stock, valued at approximately $938,687.88. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, Director Kelvin R. Westbrook sold 12,666 shares of the business's stock in a transaction on Monday, August 12th. The shares were sold at an average price of $27.32, for a total value of $346,035.12. Following the sale, the director now owns 34,359 shares of the company's stock, valued at $938,687.88. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Walter F. Precourt III sold 39,748 shares of the business's stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of $27.96, for a total transaction of $1,111,354.08. Following the completion of the sale, the senior vice president now directly owns 136,682 shares in the company, valued at approximately $3,821,628.72. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.86% of the company's stock.
Mosaic Trading Down 2.2 %
Shares of NYSE:MOS traded down $0.61 during trading on Friday, hitting $27.73. 3,728,077 shares of the company's stock were exchanged, compared to its average volume of 3,657,098. The Mosaic Company has a 1-year low of $24.11 and a 1-year high of $38.30. The firm has a 50-day moving average price of $26.44 and a two-hundred day moving average price of $28.02. The company has a current ratio of 1.16, a quick ratio of 0.54 and a debt-to-equity ratio of 0.27. The firm has a market cap of $8.84 billion, a P/E ratio of 37.47, a PEG ratio of 1.74 and a beta of 1.35.
Mosaic Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 3.03%. The ex-dividend date was Thursday, September 5th. Mosaic's payout ratio is currently 113.51%.
Mosaic Company Profile
(
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.
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