Swedbank AB Has $34.10 Million Position in The Mosaic Company (NYSE:MOS)

Swedbank AB lifted its holdings in The Mosaic Company (NYSE:MOS - Free Report) by 9.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,387,332 shares of the basic materials company's stock after buying an additional 117,838 shares during the period. Swedbank AB owned about 0.44% of Mosaic worth $34,101,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Brooklyn Investment Group grew its stake in 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 purchased a new position in Mosaic during the fourth quarter valued at approximately $33,000. Blue Trust Inc. increased its stake in Mosaic by 46.4% in the 3rd quarter. Blue Trust Inc. now owns 1,799 shares of the basic materials company's stock valued at $52,000 after buying an additional 570 shares during the period. Larson Financial Group LLC lifted its position 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 worth $48,000 after buying an additional 1,809 shares in the last quarter. Finally, CVA Family Office LLC boosted its stake in shares of Mosaic by 23.2% during the 3rd quarter. CVA Family Office LLC now owns 2,037 shares of the basic materials company's stock valued at $55,000 after buying an additional 384 shares during the period. 77.54% of the stock is owned by institutional investors and hedge funds.

Mosaic Trading Down 0.3 %

Shares of NYSE:MOS opened at $28.59 on Friday. 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 stock's 50-day moving average is $26.00 and its 200-day moving average is $26.75. The company has a market cap of $9.08 billion, a P/E ratio of 25.30, a P/E/G ratio of 1.49 and a beta of 1.34. The Mosaic Company has a 52-week low of $23.56 and a 52-week high of $33.44.

Mosaic (NYSE:MOS - Get Free Report) last released its earnings results on Tuesday, November 12th. The basic materials company reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.58 by ($0.24). Mosaic had a net margin of 3.24% and a return on equity of 6.00%. The business had revenue of $2.81 billion during the quarter, compared to analyst estimates of $3.17 billion. During the same period last year, the business earned $0.68 EPS. The business's quarterly revenue was down 20.8% compared to the same quarter last year. Equities research analysts predict that The Mosaic Company will post 2.05 earnings per share for the current year.

Mosaic Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be paid a dividend of $0.22 per share. This is a boost from Mosaic's previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a yield of 3.08%. The ex-dividend date of this dividend is Thursday, March 6th. Mosaic's dividend payout ratio is presently 74.34%.

Analysts Set New Price Targets

Several brokerages recently issued reports on MOS. Barclays lowered Mosaic from an "overweight" rating to an "underweight" rating and cut their price objective for the stock from $30.00 to $27.00 in a report on Tuesday, January 21st. Royal Bank of Canada reiterated a "sector perform" rating and set a $30.00 price target on shares of Mosaic in a report on Thursday, November 14th. Mizuho raised their price objective on shares of Mosaic from $28.00 to $29.00 and gave the company a "neutral" rating in a research report on Wednesday, November 13th. Oppenheimer started coverage on shares of Mosaic in a research report on Thursday, December 12th. They issued a "market perform" rating for the company. Finally, Piper Sandler raised their price target on shares of Mosaic from $30.00 to $33.00 and gave the company a "neutral" rating in a report on Monday. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $35.09.

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.

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