Robeco Institutional Asset Management B.V. Boosts Holdings in The Mosaic Company (NYSE:MOS)

Robeco Institutional Asset Management B.V. raised its holdings in shares of The Mosaic Company (NYSE:MOS - Free Report) by 22.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 84,684 shares of the basic materials company's stock after buying an additional 15,496 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Mosaic were worth $2,082,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Brooklyn Investment Group raised its holdings in Mosaic by 110.8% during the 4th 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 acquired a new stake in Mosaic during the 4th quarter valued at $33,000. Larson Financial Group LLC raised its holdings in Mosaic by 180,900.0% in the 3rd quarter. Larson Financial Group LLC now owns 1,810 shares of the basic materials company's stock valued at $48,000 after acquiring an additional 1,809 shares during the period. Blue Trust Inc. increased its position in Mosaic by 46.4% during the 3rd quarter. Blue Trust Inc. now owns 1,799 shares of the basic materials company's stock worth $52,000 after buying an additional 570 shares during the period. Finally, CVA Family Office LLC boosted its holdings in Mosaic by 23.2% in the 3rd quarter. CVA Family Office LLC now owns 2,037 shares of the basic materials company's stock valued at $55,000 after purchasing an additional 384 shares during the period. Institutional investors own 77.54% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on MOS shares. Oppenheimer initiated coverage on Mosaic in a research note on Thursday, December 12th. They set a "market perform" rating for the company. Piper Sandler boosted their target price on shares of Mosaic from $30.00 to $33.00 and gave the company a "neutral" rating in a research report on Monday, January 27th. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $30.00 price objective on shares of Mosaic in a research note on Thursday, November 14th. Morgan Stanley decreased their price target on Mosaic from $40.00 to $30.00 and set an "equal weight" rating for the company in a research report on Monday, January 13th. Finally, CIBC started coverage on Mosaic in a research note on Tuesday, December 10th. They issued a "neutral" rating and a $55.00 price objective on the stock. One analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $33.80.

Mosaic Price Performance

NYSE MOS traded up $0.35 on Friday, reaching $26.84. 4,642,442 shares of the company's stock traded hands, compared to its average volume of 4,924,521. The stock has a 50-day simple moving average of $26.16 and a 200 day simple moving average of $26.67. 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 Mosaic Company has a 12 month low of $23.56 and a 12 month high of $33.44. The stock has a market cap of $8.52 billion, a PE ratio of 23.75, a P/E/G ratio of 1.49 and a beta of 1.34.

Mosaic (NYSE:MOS - Get Free Report) last posted its earnings results on Tuesday, November 12th. The basic materials company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.24). The business had revenue of $2.81 billion for the quarter, compared to analysts' expectations of $3.17 billion. Mosaic had a net margin of 3.24% and a return on equity of 6.00%. Mosaic's quarterly revenue was down 20.8% on a year-over-year basis. During the same period last year, the firm posted $0.68 earnings per share. As a group, research analysts predict that The Mosaic Company will post 2.04 earnings per share for the current year.

Mosaic Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be paid a $0.22 dividend. This is an increase from Mosaic's previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date is Thursday, March 6th. Mosaic's dividend payout ratio (DPR) is 74.34%.

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.