Headlands Technologies LLC lowered its position in The Mosaic Company (NYSE:MOS - Free Report) by 93.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,132 shares of the basic materials company's stock after selling 14,969 shares during the period. Headlands Technologies LLC's holdings in Mosaic were worth $28,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Brooklyn Investment Group grew its position in shares of Mosaic by 110.8% during the 4th 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 period. R Squared Ltd purchased a new position in shares of Mosaic in the fourth quarter valued at $33,000. Tobam bought a new position in Mosaic in the 4th quarter worth about $38,000. Heck Capital Advisors LLC bought a new position in shares of Mosaic in the fourth quarter worth approximately $41,000. Finally, Ethos Financial Group LLC bought a new position in Mosaic in the fourth quarter valued at $55,000. 77.54% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of research firms recently weighed in on MOS. Barclays upgraded Mosaic from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $27.00 to $33.00 in a research report on Wednesday, March 19th. Piper Sandler reissued a "neutral" rating and issued a $30.00 price target on shares of Mosaic in a research note on Thursday, March 27th. Wells Fargo & Company boosted their target price on Mosaic from $26.00 to $28.00 and gave the company an "equal weight" rating in a research note on Wednesday, March 19th. JPMorgan Chase & Co. upgraded shares of Mosaic from a "neutral" rating to an "overweight" rating and upped their price target for the company from $26.00 to $29.00 in a report on Monday, March 3rd. Finally, Mizuho dropped their target price on shares of Mosaic from $29.00 to $28.00 and set a "neutral" rating for the company in a report on Monday, March 3rd. Seven equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $32.58.
Get Our Latest Stock Report on Mosaic
Mosaic Trading Up 1.7 %
MOS stock traded up $0.45 during trading on Monday, hitting $26.26. The company had a trading volume of 384,454 shares, compared to its average volume of 4,565,908. The firm has a market capitalization of $8.32 billion, a P/E ratio of 23.24, a PEG ratio of 1.42 and a beta of 1.04. 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 52-week low of $22.36 and a 52-week high of $32.29. The company has a 50 day simple moving average of $25.82 and a 200-day simple moving average of $26.14.
Mosaic Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 19th. Stockholders 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 annualized dividend and a dividend yield of 3.35%. Mosaic's payout ratio is presently 160.00%.
Mosaic Company Profile
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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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