The Mosaic Company (NYSE:MOS) Shares Sold by AustralianSuper Pty Ltd

AustralianSuper Pty Ltd lowered its holdings in The Mosaic Company (NYSE:MOS - Free Report) by 5.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,432,854 shares of the basic materials company's stock after selling 133,967 shares during the quarter. AustralianSuper Pty Ltd owned 0.77% of Mosaic worth $59,800,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Brooklyn Investment Group raised 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 valued at $27,000 after buying an additional 587 shares during the period. R Squared Ltd acquired a new position in shares of Mosaic in the 4th quarter worth approximately $33,000. Tobam purchased a new position in shares of Mosaic during the 4th quarter worth approximately $38,000. Heck Capital Advisors LLC purchased a new position in shares of Mosaic during the 4th quarter worth approximately $41,000. Finally, Blue Trust Inc. increased its holdings in Mosaic by 46.4% in the 3rd quarter. Blue Trust Inc. now owns 1,799 shares of the basic materials company's stock valued at $52,000 after purchasing an additional 570 shares during the last quarter. Institutional investors and hedge funds own 77.54% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently commented on MOS shares. Morgan Stanley lowered their price target on Mosaic from $40.00 to $30.00 and set an "equal weight" rating for the company in a research report on Monday, January 13th. Piper Sandler lifted their target price on Mosaic from $30.00 to $33.00 and gave the company a "neutral" rating in a research report on Monday, January 27th. CIBC assumed coverage on shares of Mosaic in a research note on Tuesday, December 10th. They set a "neutral" rating and a $55.00 price target on the stock. Barclays lowered shares of Mosaic from an "overweight" rating to an "underweight" rating and lowered their price objective for the company from $30.00 to $27.00 in a research note on Tuesday, January 21st. Finally, Oppenheimer began coverage on shares of Mosaic in a research note on Thursday, December 12th. They set a "market perform" rating on the stock. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $33.80.

Mosaic Stock Up 0.1 %

Mosaic stock traded up $0.01 during mid-day trading on Wednesday, hitting $27.13. The company had a trading volume of 4,815,820 shares, compared to its average volume of 4,790,763. The company has a quick ratio of 0.49, a current ratio of 1.19 and a debt-to-equity ratio of 0.27. The Mosaic Company has a 1 year low of $23.56 and a 1 year high of $33.44. The business has a fifty day moving average of $26.22 and a 200 day moving average of $26.51. The stock has a market cap of $8.62 billion, a price-to-earnings ratio of 24.01, a PEG ratio of 1.42 and a beta of 1.34.

Mosaic Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be paid 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 annualized dividend and a yield of 3.24%. The ex-dividend date of this dividend is Thursday, March 6th. Mosaic's dividend payout ratio (DPR) is currently 77.88%.

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.