Moors & Cabot Inc. Has $455,000 Position in The Mosaic Company (NYSE:MOS)

Moors & Cabot Inc. raised its position in The Mosaic Company (NYSE:MOS - Free Report) by 136.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,495 shares of the basic materials company's stock after purchasing an additional 10,664 shares during the quarter. Moors & Cabot Inc.'s holdings in Mosaic were worth $455,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Marathon Trading Investment Management LLC acquired a new position in shares of Mosaic during the fourth quarter valued at approximately $1,172,000. Daiwa Securities Group Inc. increased its stake in shares of Mosaic by 7.9% during the fourth quarter. Daiwa Securities Group Inc. now owns 41,699 shares of the basic materials company's stock valued at $1,025,000 after acquiring an additional 3,060 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Mosaic by 25.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 217,115 shares of the basic materials company's stock valued at $5,337,000 after acquiring an additional 43,982 shares during the period. Intellectus Partners LLC increased its stake in shares of Mosaic by 3.3% during the fourth quarter. Intellectus Partners LLC now owns 12,350 shares of the basic materials company's stock valued at $304,000 after acquiring an additional 400 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in shares of Mosaic by 4.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 48,700 shares of the basic materials company's stock valued at $1,197,000 after acquiring an additional 2,059 shares during the period. Institutional investors and hedge funds own 77.54% of the company's stock.

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Analyst Ratings Changes

A number of research analysts recently commented on the stock. Morgan Stanley lowered their price objective on shares of Mosaic from $40.00 to $30.00 and set an "equal weight" rating on the stock in a research note on Monday, January 13th. Mizuho decreased their price target on shares of Mosaic from $29.00 to $28.00 and set a "neutral" rating on the stock in a research report on Monday, March 3rd. Oppenheimer assumed coverage on shares of Mosaic in a research report on Thursday, December 12th. They issued a "market perform" rating on the stock. Scotiabank lifted their price target on shares of Mosaic from $31.00 to $34.00 and gave the stock a "sector outperform" rating in a research report on Wednesday. Finally, The Goldman Sachs Group assumed coverage on shares of Mosaic in a research report on Thursday, March 13th. They issued a "buy" rating and a $31.00 price target on the stock. Eight analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Mosaic currently has an average rating of "Hold" and a consensus price target of $32.64.

Mosaic Trading Up 2.8 %

Mosaic stock traded up $0.75 during midday trading on Wednesday, reaching $27.95. The stock had a trading volume of 8,365,306 shares, compared to its average volume of 4,260,595. The firm's fifty day simple moving average is $26.34 and its two-hundred day simple moving average is $26.15. The Mosaic Company has a twelve month low of $22.48 and a twelve month high of $33.44. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.49. The firm has a market cap of $8.86 billion, a price-to-earnings ratio of 24.74, a PEG ratio of 1.42 and a beta of 1.34.

Mosaic Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be paid a $0.22 dividend. This is a positive change from Mosaic's previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.88 dividend on an annualized basis and a yield of 3.15%. Mosaic's dividend payout ratio (DPR) 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.