Zurcher Kantonalbank Zurich Cantonalbank Boosts Stock Holdings in The Mosaic Company (NYSE:MOS)

Zurcher Kantonalbank Zurich Cantonalbank grew its stake in The Mosaic Company (NYSE:MOS - Free Report) by 25.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 217,115 shares of the basic materials company's stock after acquiring an additional 43,982 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank owned about 0.07% of Mosaic worth $5,337,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in MOS. Crossmark Global Holdings Inc. raised its holdings in Mosaic by 1.5% in the third quarter. Crossmark Global Holdings Inc. now owns 23,345 shares of the basic materials company's stock worth $625,000 after purchasing an additional 354 shares in the last quarter. Entropy Technologies LP purchased a new position in Mosaic during the 3rd quarter worth $357,000. GSA Capital Partners LLP purchased a new stake in Mosaic in the third quarter valued at about $244,000. Huntington National Bank grew its stake in shares of Mosaic by 85.2% during the third quarter. Huntington National Bank now owns 2,189 shares of the basic materials company's stock worth $59,000 after acquiring an additional 1,007 shares during the last quarter. Finally, Metis Global Partners LLC grew its stake in shares of Mosaic by 19.5% during the third quarter. Metis Global Partners LLC now owns 29,003 shares of the basic materials company's stock worth $777,000 after acquiring an additional 4,740 shares during the last quarter. 77.54% of the stock is owned by institutional investors.

Mosaic Stock Performance

Shares of MOS traded up $0.65 during trading hours on Tuesday, hitting $27.18. The stock had a trading volume of 7,323,979 shares, compared to its average volume of 4,244,949. The firm has a 50-day moving average price of $26.30 and a 200 day moving average price of $26.16. The Mosaic Company has a fifty-two week low of $22.48 and a fifty-two week high of $33.44. The firm has a market capitalization of $8.61 billion, a price-to-earnings ratio of 24.05, a PEG ratio of 1.42 and a beta of 1.34. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.49 and a current ratio of 1.19.

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Mosaic Increases Dividend

The company 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 is a positive change from Mosaic's previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a dividend yield of 3.24%. The ex-dividend date of this dividend is Thursday, March 6th. Mosaic's dividend payout ratio is presently 160.00%.

Analysts Set New Price Targets

A number of research firms recently commented on MOS. The Goldman Sachs Group assumed coverage on shares of Mosaic in a research note on Thursday, March 13th. They issued a "buy" rating and a $31.00 target price for the company. Wells Fargo & Company dropped their price objective on shares of Mosaic from $29.00 to $26.00 and set an "equal weight" rating on the stock in a report on Monday, March 3rd. CIBC began coverage on Mosaic in a research report on Tuesday, December 10th. They issued a "neutral" rating and a $55.00 target price on the stock. Mizuho dropped their price target on Mosaic from $29.00 to $28.00 and set a "neutral" rating on the stock in a research note on Monday, March 3rd. Finally, Barclays raised Mosaic from an "underweight" rating to an "equal weight" rating and set a $27.00 price objective on the stock in a report on Wednesday, March 5th. Nine analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Mosaic has a consensus rating of "Hold" and an average target price of $31.64.

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.