Schroder Investment Management Group decreased its position in shares of The Mosaic Company (NYSE:MOS - Free Report) by 8.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 177,359 shares of the basic materials company's stock after selling 15,688 shares during the quarter. Schroder Investment Management Group owned about 0.06% of Mosaic worth $4,257,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Brooklyn Investment Group raised its holdings in Mosaic by 110.8% during 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 during the last quarter. R Squared Ltd bought a new stake in shares of Mosaic in the 4th quarter valued at $33,000. Tobam bought a new stake in shares of Mosaic in the 4th quarter valued at $38,000. Heck Capital Advisors LLC bought a new stake in shares of Mosaic in the 4th quarter valued at $41,000. Finally, Ethos Financial Group LLC bought a new stake in shares of Mosaic in the 4th quarter valued at $55,000. Institutional investors own 77.54% of the company's stock.
Mosaic Stock Down 1.1 %
MOS traded down $0.26 during mid-day trading on Thursday, reaching $24.42. 877,454 shares of the stock were exchanged, compared to its average volume of 4,551,331. 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 stock has a market capitalization of $7.74 billion, a PE ratio of 21.61, a price-to-earnings-growth ratio of 1.42 and a beta of 1.04. The company has a 50 day moving average price of $25.93 and a two-hundred day moving average price of $26.15. The Mosaic Company has a 1 year low of $22.36 and a 1 year high of $33.18.
Mosaic Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, June 19th. Investors of record on Thursday, June 5th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date of this dividend is Thursday, June 5th. Mosaic's dividend payout ratio (DPR) is currently 160.00%.
Analyst Ratings Changes
MOS has been the subject of several research analyst reports. Scotiabank lifted their price objective on shares of Mosaic from $31.00 to $34.00 and gave the company a "sector outperform" rating in a research note on Wednesday, March 19th. Barclays upgraded shares of Mosaic from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $27.00 to $33.00 in a research note on Wednesday, March 19th. Wells Fargo & Company lifted their price objective on shares of Mosaic from $26.00 to $28.00 and gave the company an "equal weight" rating in a research note on Wednesday, March 19th. 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 research report on Thursday, March 20th. Finally, The Goldman Sachs Group initiated coverage on shares of Mosaic in a research report on Thursday, March 13th. They issued a "buy" rating and a $31.00 price target for the company. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $32.58.
Check Out Our Latest Stock 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.
Further Reading
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