Barclays PLC Sells 77,712 Shares of The Mosaic Company (NYSE:MOS)

Barclays PLC lessened its stake in The Mosaic Company (NYSE:MOS - Free Report) by 6.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,131,861 shares of the basic materials company's stock after selling 77,712 shares during the quarter. Barclays PLC owned approximately 0.36% of Mosaic worth $27,819,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Brooklyn Investment Group raised its position in Mosaic by 110.8% in 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 last quarter. R Squared Ltd acquired a new stake in Mosaic during the fourth quarter worth approximately $33,000. Tobam purchased a new position in shares of Mosaic in the 4th quarter valued at $38,000. Heck Capital Advisors LLC acquired a new position in shares of Mosaic in the fourth quarter worth about $41,000. Finally, Ethos Financial Group LLC bought a new position in shares of Mosaic during the fourth quarter valued at approximately $55,000. 77.54% of the stock is currently owned by institutional investors.

Mosaic Stock Performance

NYSE MOS traded up $1.07 on Thursday, hitting $29.02. 2,443,249 shares of the stock were exchanged, compared to its average volume of 4,606,684. The Mosaic Company has a 52 week low of $22.36 and a 52 week high of $32.29. The company has a market capitalization of $9.20 billion, a PE ratio of 25.70, a P/E/G ratio of 1.42 and a beta of 1.04. The business's fifty day moving average is $25.88 and its 200 day moving average is $26.16. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.49.

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 issued a dividend of $0.22 per share. The ex-dividend date is Thursday, June 5th. This represents a $0.88 annualized dividend and a dividend yield of 3.03%. Mosaic's dividend payout ratio is 160.00%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on MOS shares. Scotiabank boosted their target price on Mosaic from $31.00 to $34.00 and gave the stock a "sector outperform" rating in a report on Wednesday, March 19th. Wells Fargo & Company upped their price target on shares of Mosaic from $26.00 to $28.00 and gave the stock an "equal weight" rating in a research report on Wednesday, March 19th. Oppenheimer upgraded shares of Mosaic from a "market perform" rating to an "outperform" rating and set a $33.00 price objective for the company in a research report on Thursday, March 20th. Barclays raised shares of Mosaic from an "equal weight" rating to an "overweight" rating and upped their price target for the company from $27.00 to $33.00 in a research report on Wednesday, March 19th. Finally, Royal Bank of Canada upped their price objective on Mosaic from $28.00 to $30.00 and gave the company a "sector perform" rating in a research note on Friday, April 4th. Seven analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Mosaic presently has a consensus rating of "Moderate Buy" and a consensus price target of $32.42.

Mosaic 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.