Sciencast Management LP Makes New $557,000 Investment in The Mosaic Company (NYSE:MOS)

Sciencast Management LP acquired a new position in shares of The Mosaic Company (NYSE:MOS - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 22,663 shares of the basic materials company's stock, valued at approximately $557,000.

A number of other institutional investors and hedge funds have also modified their holdings of MOS. Brooklyn Investment Group boosted its position in shares of Mosaic by 110.8% during the 4th 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 in the last quarter. R Squared Ltd bought a new position in Mosaic during the fourth quarter worth about $33,000. Tobam acquired a new stake in Mosaic during the fourth quarter valued at approximately $38,000. Heck Capital Advisors LLC bought a new stake in shares of Mosaic in the 4th quarter valued at approximately $41,000. Finally, Larson Financial Group LLC raised its holdings in shares of 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 worth $48,000 after buying an additional 1,809 shares in the last quarter. 77.54% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on MOS. Piper Sandler upped their price target on 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 increased their target price on shares of Mosaic from $27.00 to $28.00 and gave the stock a "sector perform" rating in a research report on Tuesday, March 4th. Scotiabank boosted their price target on shares of Mosaic from $31.00 to $34.00 and gave the company a "sector outperform" rating in a research report on Wednesday, March 19th. CIBC started coverage on shares of Mosaic in a report on Tuesday, December 10th. They set a "neutral" rating and a $55.00 price objective for the company. Finally, Oppenheimer raised Mosaic from a "market perform" rating to an "outperform" rating and set a $33.00 target price on the stock in a report on Thursday, March 20th. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $32.67.

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Mosaic Trading Down 1.3 %

Mosaic stock traded down $0.36 during trading hours on Tuesday, reaching $27.27. 5,830,050 shares of the company's stock traded hands, compared to its average volume of 4,291,423. The firm has a market capitalization of $8.64 billion, a price-to-earnings ratio of 24.14, a PEG ratio of 1.42 and a beta of 1.34. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.49 and a current ratio of 1.19. The Mosaic Company has a fifty-two week low of $22.48 and a fifty-two week high of $33.44. The firm's 50 day moving average is $26.56 and its 200-day moving average is $26.16.

Mosaic Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Shareholders of record on Thursday, June 5th will be paid 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 3.23%. Mosaic's payout ratio is presently 160.00%.

Mosaic Company 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.