The Mosaic Company (NYSE:MOS) Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC lessened its stake in The Mosaic Company (NYSE:MOSFree Report) by 94.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,413 shares of the basic materials company’s stock after selling 148,348 shares during the quarter. International Assets Investment Management LLC’s holdings in Mosaic were worth $205,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Larson Financial Group LLC raised its stake in shares of 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 valued at $48,000 after acquiring an additional 1,809 shares during the period. Kimelman & Baird LLC purchased a new position in shares of Mosaic in the 2nd quarter valued at $49,000. Blue Trust Inc. raised its stake in shares of Mosaic by 46.4% in the 3rd quarter. Blue Trust Inc. now owns 1,799 shares of the basic materials company’s stock valued at $52,000 after acquiring an additional 570 shares during the period. CVA Family Office LLC raised its stake in shares of Mosaic by 23.2% in the 3rd quarter. CVA Family Office LLC now owns 2,037 shares of the basic materials company’s stock valued at $55,000 after acquiring an additional 384 shares during the period. Finally, Huntington National Bank raised its stake in shares of Mosaic by 85.2% in the 3rd quarter. Huntington National Bank now owns 2,189 shares of the basic materials company’s stock valued at $59,000 after acquiring an additional 1,007 shares during the period. Hedge funds and other institutional investors own 77.54% of the company’s stock.

Mosaic Price Performance

MOS opened at $26.75 on Tuesday. The company has a 50-day moving average of $25.72 and a 200-day moving average of $26.73. The company has a market capitalization of $8.50 billion, a P/E ratio of 23.67, a PEG ratio of 1.85 and a beta of 1.34. The Mosaic Company has a 1-year low of $23.56 and a 1-year high of $33.44. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.49 and a current ratio of 1.19.

Mosaic (NYSE:MOSGet Free Report) last posted its quarterly earnings results on Tuesday, November 12th. The basic materials company reported $0.34 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 business had revenue of $2.81 billion during the quarter, compared to analyst estimates of $3.17 billion. During the same period last year, the firm posted $0.68 earnings per share. The company’s quarterly revenue was down 20.8% on a year-over-year basis. Equities analysts expect that The Mosaic Company will post 2.07 EPS for the current fiscal year.

Mosaic Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be issued a $0.22 dividend. The ex-dividend date is Thursday, March 6th. 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 3.29%. Mosaic’s payout ratio is 77.88%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Morgan Stanley cut their target price on shares of Mosaic from $40.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Monday. Mizuho lifted their price target on shares of Mosaic from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 13th. CIBC initiated coverage on shares of Mosaic in a research note on Tuesday, December 10th. They set a “neutral” rating and a $55.00 price target on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $30.00 price target on shares of Mosaic in a research note on Thursday, November 14th. Finally, Piper Sandler raised shares of Mosaic from an “underweight” rating to a “neutral” rating and lifted their price target for the stock from $26.00 to $30.00 in a research note on Monday. Eight analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $35.09.

View Our Latest Research Report on MOS

Mosaic Company 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.

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Institutional Ownership by Quarter for Mosaic (NYSE:MOS)

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