Windmill Hill Asset Management Ltd Sells 11,250 Shares of The Mosaic Company (NYSE:MOS)

Windmill Hill Asset Management Ltd lowered its holdings in shares of The Mosaic Company (NYSE:MOS - Free Report) by 45.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,625 shares of the basic materials company's stock after selling 11,250 shares during the period. Mosaic makes up 0.3% of Windmill Hill Asset Management Ltd's investment portfolio, making the stock its 19th largest holding. Windmill Hill Asset Management Ltd's holdings in Mosaic were worth $335,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Tobam bought a new position in Mosaic in the 4th quarter worth about $38,000. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of Mosaic by 1.8% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 32,516 shares of the basic materials company's stock worth $799,000 after buying an additional 570 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Mosaic by 12.7% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 64,689 shares of the basic materials company's stock valued at $1,548,000 after buying an additional 7,282 shares during the last quarter. Yousif Capital Management LLC grew its holdings in shares of Mosaic by 6.1% during the fourth quarter. Yousif Capital Management LLC now owns 52,487 shares of the basic materials company's stock valued at $1,290,000 after buying an additional 3,010 shares during the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. raised its holdings in Mosaic by 9.4% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 15,944 shares of the basic materials company's stock worth $392,000 after acquiring an additional 1,369 shares during the last quarter. Institutional investors own 77.54% of the company's stock.

Mosaic Stock Performance

NYSE:MOS traded down $0.06 during mid-day trading on Tuesday, hitting $27.37. 1,391,139 shares of the company traded hands, compared to its average volume of 4,747,639. The stock's fifty day moving average price is $26.17 and its 200-day moving average price is $26.62. The Mosaic Company has a one year low of $23.56 and a one year high of $33.44. 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 firm has a market cap of $8.70 billion, a price-to-earnings ratio of 24.25, a price-to-earnings-growth ratio of 1.42 and a beta of 1.34.

Mosaic (NYSE:MOS - Get Free Report) last released its quarterly earnings results on Tuesday, November 12th. The basic materials company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.24). Mosaic had a net margin of 3.24% and a return on equity of 6.00%. The company had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $3.17 billion. During the same period in the prior year, the firm posted $0.68 EPS. The business's revenue for the quarter was down 20.8% on a year-over-year basis. Research analysts anticipate that The Mosaic Company will post 2.04 earnings per share for the current fiscal year.

Mosaic Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 3.21%. The ex-dividend date of this dividend is Thursday, March 6th. This is a positive change from Mosaic's previous quarterly dividend of $0.21. Mosaic's payout ratio is currently 74.34%.

Analysts Set New Price Targets

A number of analysts have commented on MOS shares. Oppenheimer assumed coverage on Mosaic in a report on Thursday, December 12th. They issued a "market perform" rating for the company. CIBC assumed coverage on Mosaic in a research note on Tuesday, December 10th. They issued a "neutral" rating and a $55.00 price target for the company. Royal Bank of Canada restated a "sector perform" rating and issued a $30.00 price target on shares of Mosaic in a research note on Thursday, November 14th. Barclays cut Mosaic from an "overweight" rating to an "underweight" rating and decreased their price target for the stock from $30.00 to $27.00 in a research note on Tuesday, January 21st. Finally, Piper Sandler boosted their price target on Mosaic from $30.00 to $33.00 and gave the stock a "neutral" rating in a research note on Monday, January 27th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Mosaic presently has a consensus rating of "Hold" and a consensus target price of $33.80.

Mosaic Company 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.