1 week Ago By ABMN Staff
Raymond James Financial Inc. acquired a new stake in shares of The Mosaic Company ( NYSE:MOS – Free Report ) in the fourth quarter, HoldingsChannel.com reports.
The institutional investor acquired 146,436 shares of the basic materials company’s stock, valued at approximately $3,599,000. Other institutional investors have also recently bought and sold shares of the company. Brooklyn Investment Group grew its holdings in Mosaic by 110.
8% during the fourth quarter. Brooklyn Investment Group now owns 1,117 shares of the basic materials company’s stock valued at $27,000 after purchasing an additional 587 shares during the period. R Squared Ltd bought a new position in Mosaic in the fourth quarter valued at approximately $33,000.
Tobam bought a new position in Mosaic in the fourth quarter valued at approximately $38,000. Heck Capital Advisors LLC bought a new position in Mosaic in the fourth quarter valued at approximately $41,000. Finally, Ethos Financial Group LLC bought a new position in Mosaic in the fourth quarter valued at approximately $55,000.
Institutional investors and hedge funds own 77.54% of the company’s stock. Wall Street Analysts Forecast Growth A number of research analysts have weighed in on the stock.
Royal Bank of Canada lifted their price target on shares of Mosaic from $28.00 to $30.00 and gave the company a “sector perform” rating in a research note on Friday, April 4th.
Wells Fargo & Company lifted their price target on shares of Mosaic from $26.00 to $28.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 19th.
UBS Group cut their price target on shares of Mosaic from $29.00 to $28.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 16th.
Mizuho cut their price objective on shares of Mosaic from $29.00 to $28.00 and set a “neutral” rating on the stock in a research report on Monday, March 3rd.
Finally, Piper Sandler reissued a “neutral” rating and issued a $30.00 price objective on shares of Mosaic in a research report on Thursday, March 27th. Seven analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company.
According to data from MarketBeat.com, Mosaic currently has a consensus rating of “Moderate Buy” and an average target price of $32.42.
Mosaic Price Performance Shares of MOS opened at $29.12 on Monday. The company has a market cap of $9.
23 billion, a price-to-earnings ratio of 25.77, a PEG ratio of 1.42 and a beta of 1.
04. The Mosaic Company has a 1-year low of $22.36 and a 1-year high of $32.
29. The company’s fifty day simple moving average is $25.97 and its 200 day simple moving average is $26.
21. The company has a current ratio of 1.19, a quick ratio of 0.
49 and a debt-to-equity ratio of 0.27. Mosaic Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Thursday, June 19th.
Investors of record on Thursday, June 5th will be issued a dividend of $0.22 per share. The ex-dividend date is Thursday, June 5th.
This represents a $0.88 dividend on an annualized basis and a yield of 3.02%.
Mosaic’s payout ratio is 160.00%. Mosaic Profile ( 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. Further Reading Want to see what other hedge funds are holding MOS? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for The Mosaic Company ( NYSE:MOS – Free Report ). Receive News & Ratings for Mosaic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mosaic and related companies with MarketBeat.com's FREE daily email newsletter .
.
