The Mosaic Company (NYSE:MOS) Holdings Lowered by Vanguard Group Inc.

Vanguard Group Inc. trimmed its holdings in shares of The Mosaic Company (NYSE:MOS - Free Report) by 1.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 38,740,398 shares of the basic materials company's stock after selling 618,956 shares during the period. Vanguard Group Inc. owned 12.20% of Mosaic worth $952,239,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Brooklyn Investment Group boosted 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 worth $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 acquired a new stake in Mosaic during the 4th quarter valued at $38,000. Heck Capital Advisors LLC purchased a new stake in Mosaic during the 4th quarter worth $41,000. Finally, Larson Financial Group LLC lifted its holdings in Mosaic by 180,900.0% in the 3rd quarter. Larson Financial Group LLC now owns 1,810 shares of the basic materials company's stock worth $48,000 after buying an additional 1,809 shares in the last quarter. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Mosaic Stock Performance

NYSE:MOS traded down $0.25 during mid-day trading on Monday, hitting $27.00. The stock had a trading volume of 4,011,067 shares, compared to its average volume of 4,482,783. The company has a current ratio of 1.19, a quick ratio of 0.49 and a debt-to-equity ratio of 0.27. The company has a 50 day simple moving average of $26.58 and a 200-day simple moving average of $26.22. The stock has a market capitalization of $8.56 billion, a price-to-earnings ratio of 23.90, a P/E/G ratio of 1.42 and a beta of 1.34. The Mosaic Company has a 52 week low of $22.48 and a 52 week high of $33.44.

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Mosaic Dividend Announcement

The firm also recently disclosed 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 yield of 3.26%. The ex-dividend date is Thursday, June 5th. Mosaic's dividend payout ratio (DPR) is 160.00%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Scotiabank lifted their target price on Mosaic from $31.00 to $34.00 and gave the stock a "sector outperform" rating in a research report on Wednesday, March 19th. Wells Fargo & Company upped their target price on Mosaic from $26.00 to $28.00 and gave the company an "equal weight" rating in a research report 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. Morgan Stanley cut their price target on shares of Mosaic from $40.00 to $30.00 and set an "equal weight" rating on the stock in a report on Monday, January 13th. Finally, Barclays raised shares of Mosaic from an "equal weight" rating to an "overweight" rating and raised their price objective for the stock from $27.00 to $33.00 in a report on Wednesday, March 19th. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, Mosaic presently has an average rating of "Hold" and a consensus price target of $32.67.

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.