The Mosaic Company (NYSE:MOS) Shares Sold by Tredje AP fonden

Tredje AP fonden lessened its holdings in shares of The Mosaic Company (NYSE:MOS - Free Report) by 50.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,423 shares of the basic materials company's stock after selling 11,422 shares during the period. Tredje AP fonden's holdings in Mosaic were worth $281,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MOS. Allianz Asset Management GmbH lifted its stake in shares of Mosaic by 190.8% during the fourth quarter. Allianz Asset Management GmbH now owns 1,593,914 shares of the basic materials company's stock worth $39,178,000 after buying an additional 1,045,812 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Mosaic by 44.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,218,410 shares of the basic materials company's stock worth $86,189,000 after acquiring an additional 986,812 shares during the period. Two Sigma Advisers LP lifted its position in Mosaic by 40.6% during the 3rd quarter. Two Sigma Advisers LP now owns 3,279,200 shares of the basic materials company's stock worth $87,817,000 after acquiring an additional 947,500 shares during the period. Thompson Siegel & Walmsley LLC grew its stake in Mosaic by 13.9% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 2,939,404 shares of the basic materials company's stock valued at $78,717,000 after purchasing an additional 359,760 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Mosaic by 2.2% in the third quarter. Geode Capital Management LLC now owns 8,351,351 shares of the basic materials company's stock valued at $228,018,000 after purchasing an additional 178,844 shares during the period. 77.54% of the stock is currently owned by hedge funds and other institutional investors.

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Mosaic Price Performance

NYSE MOS traded up $0.75 during trading hours on Wednesday, reaching $27.95. The company's stock had a trading volume of 8,365,998 shares, compared to its average volume of 4,260,595. 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 Mosaic Company has a 1-year low of $22.48 and a 1-year high of $33.44. The company's 50-day moving average is $26.34 and its two-hundred day moving average is $26.15. The firm has a market capitalization of $8.86 billion, a price-to-earnings ratio of 24.74, a P/E/G ratio of 1.42 and a beta of 1.34.

Mosaic Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 3.15%. This is an increase from Mosaic's previous quarterly dividend of $0.21. The ex-dividend date is Thursday, March 6th. Mosaic's dividend payout ratio is presently 160.00%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on MOS. Wells Fargo & Company lifted their target price on Mosaic from $26.00 to $28.00 and gave the stock an "equal weight" rating in a report on Wednesday. Oppenheimer assumed coverage on shares of Mosaic in a report on Thursday, December 12th. They issued a "market perform" rating on the stock. Piper Sandler increased their price objective on shares of Mosaic from $30.00 to $33.00 and gave the stock a "neutral" rating in a research note on Monday, January 27th. The Goldman Sachs Group initiated coverage on shares of Mosaic in a research report on Thursday, March 13th. They set a "buy" rating and a $31.00 target price for the company. Finally, Scotiabank increased their price target on Mosaic from $31.00 to $34.00 and gave the stock a "sector outperform" rating in a research report on Wednesday. Eight research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Mosaic has an average rating of "Hold" and a consensus price target of $32.64.

About Mosaic

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.