Oxford Asset Management LLP Boosts Stake in The Mosaic Company (NYSE:MOS)

Oxford Asset Management LLP grew its holdings in The Mosaic Company (NYSE:MOS - Free Report) by 48.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,527 shares of the basic materials company's stock after buying an additional 10,639 shares during the quarter. Oxford Asset Management LLP's holdings in Mosaic were worth $800,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Brooklyn Investment Group increased its holdings 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 acquiring an additional 587 shares in the last quarter. R Squared Ltd acquired a new stake in shares of Mosaic in the fourth quarter valued at about $33,000. Tobam purchased a new stake in shares of Mosaic during the fourth quarter worth about $38,000. Heck Capital Advisors LLC purchased a new position in Mosaic in the 4th quarter valued at about $41,000. Finally, Ethos Financial Group LLC acquired a new stake in Mosaic in the 4th quarter worth about $55,000. 77.54% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have commented on MOS shares. Royal Bank of Canada increased their target price on Mosaic from $28.00 to $30.00 and gave the company a "sector perform" rating in a report on Friday, April 4th. Wells Fargo & Company lifted their target price on shares of Mosaic from $26.00 to $28.00 and gave the stock an "equal weight" rating in a research note on Wednesday, March 19th. Barclays upgraded shares of Mosaic from an "equal weight" rating to an "overweight" rating and increased their target price for the company from $27.00 to $33.00 in a research report on Wednesday, March 19th. Piper Sandler restated a "neutral" rating and set a $30.00 price target on shares of Mosaic in a research report on Thursday, March 27th. Finally, BNP Paribas upgraded shares of Mosaic to a "strong-buy" rating in a report on Wednesday, April 9th. Seven analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $32.42.

Mosaic Trading Up 2.4 %

Shares of MOS stock traded up $0.71 during trading on Tuesday, hitting $30.25. 6,186,447 shares of the stock traded hands, compared to its average volume of 4,640,841. The Mosaic Company has a 52-week low of $22.36 and a 52-week high of $32.29. The firm has a market capitalization of $9.59 billion, a P/E ratio of 26.77, a price-to-earnings-growth ratio of 1.42 and a beta of 1.04. The firm's fifty day moving average price is $26.02 and its 200-day moving average price is $26.24. 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 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 19th. Shareholders of record on Thursday, June 5th will be given a $0.22 dividend. The ex-dividend date of this dividend is Thursday, June 5th. This represents a $0.88 dividend on an annualized basis and a yield of 2.91%. Mosaic's dividend payout ratio is currently 160.00%.

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.