Brokerages Set The Mosaic Company (NYSE:MOS) PT at $31.70

Shares of The Mosaic Company (NYSE:MOS - Get Free Report) have earned a consensus rating of "Hold" from the twelve analysts that are presently covering the firm, MarketBeat.com reports. Nine analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $31.64.

A number of equities analysts have recently commented on the stock. Barclays raised shares of Mosaic from an "underweight" rating to an "equal weight" rating and set a $27.00 target price on the stock in a research note on Wednesday, March 5th. Royal Bank of Canada increased their target price on Mosaic from $27.00 to $28.00 and gave the company a "sector perform" rating in a research note on Tuesday, March 4th. Oppenheimer started coverage on shares of Mosaic in a research report on Thursday, December 12th. They issued a "market perform" rating for the company. Morgan Stanley lowered their price target on shares of Mosaic from $40.00 to $30.00 and set an "equal weight" rating for the company in a report on Monday, January 13th. Finally, Piper Sandler lifted their target price on Mosaic from $30.00 to $33.00 and gave the stock a "neutral" rating in a research report on Monday, January 27th.

Mosaic Trading Up 1.7 %

Shares of NYSE:MOS traded up $0.41 during trading on Monday, reaching $25.10. 3,375,557 shares of the stock were exchanged, compared to its average volume of 5,716,112. Mosaic has a 12-month low of $22.48 and a 12-month high of $33.44. The firm's 50-day moving average price is $26.25 and its 200 day moving average price is $26.23. 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 firm has a market cap of $7.95 billion, a price-to-earnings ratio of 22.21, a price-to-earnings-growth ratio of 1.42 and a beta of 1.34.

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Mosaic Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be issued a dividend of $0.22 per share. This is a positive change from Mosaic's previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a yield of 3.51%. The ex-dividend date of this dividend is Thursday, March 6th. Mosaic's payout ratio is presently 160.00%.

Institutional Investors Weigh In On Mosaic

Institutional investors and hedge funds have recently bought and sold shares of the business. Brooklyn Investment Group raised its holdings in shares of 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 purchasing an additional 587 shares in the last quarter. R Squared Ltd bought a new position in shares of Mosaic in the fourth quarter valued at $33,000. Tobam acquired a new stake in shares of Mosaic during the 4th quarter valued at $38,000. Heck Capital Advisors LLC bought a new stake in shares of Mosaic during the 4th quarter worth $41,000. Finally, Larson Financial Group LLC grew 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 acquiring an additional 1,809 shares during the last quarter. 77.54% of the stock is owned by institutional investors and hedge funds.

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.