Edmond DE Rothschild Holding S.A. grew its holdings in The Mosaic Company (NYSE:MOS - Free Report) by 4.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 875,000 shares of the basic materials company's stock after purchasing an additional 35,000 shares during the quarter. Edmond DE Rothschild Holding S.A. owned approximately 0.28% of Mosaic worth $21,508,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Brooklyn Investment Group boosted its stake in Mosaic by 110.8% in the fourth 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 during the last quarter. R Squared Ltd acquired a new position in shares of Mosaic in the 4th quarter valued at $33,000. Tobam bought a new position in shares of Mosaic in the 4th quarter worth $38,000. Heck Capital Advisors LLC acquired a new stake in shares of Mosaic during the fourth quarter worth $41,000. Finally, Ethos Financial Group LLC bought a new stake in Mosaic in the fourth quarter valued at about $55,000. Institutional investors and hedge funds own 77.54% of the company's stock.
Mosaic Stock Down 2.2 %
NYSE MOS traded down $0.58 during trading hours on Thursday, hitting $25.89. The company's stock had a trading volume of 4,929,214 shares, compared to its average volume of 4,478,657. The company has a current ratio of 1.19, a quick ratio of 0.49 and a debt-to-equity ratio of 0.27. The company's 50-day simple moving average is $26.55 and its two-hundred day simple moving average is $26.24. The Mosaic Company has a 52 week low of $22.48 and a 52 week high of $33.44. The company has a market capitalization of $8.20 billion, a PE ratio of 22.91, a price-to-earnings-growth ratio of 1.42 and a beta of 1.34.
Mosaic Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Investors of record on Thursday, June 5th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Thursday, June 5th. This represents a $0.88 annualized dividend and a yield of 3.40%. Mosaic's payout ratio is 160.00%.
Analysts Set New Price Targets
Several brokerages have recently issued reports on MOS. Oppenheimer raised shares of Mosaic from a "market perform" rating to an "outperform" rating and set a $33.00 price target for the company in a report on Thursday, March 20th. Scotiabank raised their price target on Mosaic from $31.00 to $34.00 and gave the stock a "sector outperform" rating in a research report on Wednesday, March 19th. CIBC assumed coverage on Mosaic in a report on Tuesday, December 10th. They set a "neutral" rating and a $55.00 price objective on the stock. Royal Bank of Canada raised their target price on shares of Mosaic from $27.00 to $28.00 and gave the stock a "sector perform" rating in a report on Tuesday, March 4th. Finally, Barclays raised shares of Mosaic from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from $27.00 to $33.00 in a research note on Wednesday, March 19th. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $32.67.
Check Out Our Latest Analysis on Mosaic
About Mosaic
(
Free Report)
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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