Swiss National Bank Trims Position in The Mosaic Company (NYSE:MOS)

Swiss National Bank cut its stake in The Mosaic Company (NYSE:MOS - Free Report) by 5.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 900,100 shares of the basic materials company's stock after selling 52,300 shares during the quarter. Swiss National Bank owned about 0.28% of Mosaic worth $22,124,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Allianz Asset Management GmbH increased its position in shares of Mosaic by 190.8% in the fourth quarter. Allianz Asset Management GmbH now owns 1,593,914 shares of the basic materials company's stock worth $39,178,000 after purchasing an additional 1,045,812 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Mosaic by 44.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,218,410 shares of the basic materials company's stock worth $86,189,000 after buying an additional 986,812 shares during the last quarter. Two Sigma Advisers LP raised its position in shares of Mosaic by 40.6% during the 3rd quarter. Two Sigma Advisers LP now owns 3,279,200 shares of the basic materials company's stock valued at $87,817,000 after buying an additional 947,500 shares in the last quarter. Thompson Siegel & Walmsley LLC lifted its holdings in shares of Mosaic by 13.9% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 2,939,404 shares of the basic materials company's stock worth $78,717,000 after acquiring an additional 359,760 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in Mosaic by 2.2% in the third quarter. Geode Capital Management LLC now owns 8,351,351 shares of the basic materials company's stock worth $228,018,000 after acquiring an additional 178,844 shares in the last quarter. 77.54% of the stock is currently owned by institutional investors.

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Mosaic Trading Down 1.9 %

NYSE:MOS traded down $0.55 during midday trading on Friday, reaching $27.83. 7,382,406 shares of the stock traded hands, compared to its average volume of 4,289,324. The stock has a market capitalization of $8.82 billion, a P/E ratio of 24.63, 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 company has a fifty day moving average of $26.48 and a 200 day moving average of $26.17. The Mosaic Company has a 12 month low of $22.48 and a 12 month high of $33.44.

Mosaic Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Stockholders of record on Thursday, June 5th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend is Thursday, June 5th. Mosaic's dividend payout ratio (DPR) is 160.00%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on MOS. Royal Bank of Canada raised their price target on Mosaic from $27.00 to $28.00 and gave the company a "sector perform" rating in a research report on Tuesday, March 4th. Oppenheimer raised Mosaic from a "market perform" rating to an "outperform" rating and set a $33.00 price objective on the stock in a report on Thursday. Morgan Stanley cut their target price on Mosaic from $40.00 to $30.00 and set an "equal weight" rating for the company in a research note on Monday, January 13th. Barclays raised shares of Mosaic from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $27.00 to $33.00 in a research note on Wednesday. Finally, JPMorgan Chase & Co. upgraded shares of Mosaic from a "neutral" rating to an "overweight" rating and boosted their price objective for the stock from $26.00 to $29.00 in a report on Monday, March 3rd. Seven investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, Mosaic currently has a consensus rating of "Hold" and an average target price of $32.67.

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.