Criteria Caixa S.A.U. Acquires Shares of 1,474,003 The Mosaic Company (NYSE:MOS)

Criteria Caixa S.A.U. purchased a new position in shares of The Mosaic Company (NYSE:MOS - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,474,003 shares of the basic materials company's stock, valued at approximately $36,231,000. Mosaic accounts for 5.2% of Criteria Caixa S.A.U.'s investment portfolio, making the stock its 9th largest holding. Criteria Caixa S.A.U. owned 0.46% of Mosaic as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Brooklyn Investment Group grew its holdings in Mosaic by 110.8% in the fourth quarter. Brooklyn Investment Group now owns 1,117 shares of the basic materials company's stock worth $27,000 after purchasing an additional 587 shares during the period. R Squared Ltd bought a new stake in Mosaic in the 4th quarter worth about $33,000. Tobam bought a new position in shares of Mosaic in the fourth quarter valued at approximately $38,000. Heck Capital Advisors LLC purchased a new stake in shares of Mosaic during the 4th quarter valued at $41,000. Finally, Ethos Financial Group LLC purchased a new stake in Mosaic during the fourth quarter worth about $55,000. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Mosaic Trading Up 0.3 %

Shares of MOS traded up $0.10 during trading on Friday, reaching $30.57. 2,941,051 shares of the company traded hands, compared to its average volume of 4,611,791. The stock has a 50-day simple moving average of $26.29 and a 200-day simple moving average of $26.32. The stock has a market cap of $9.69 billion, a PE ratio of 27.09, a price-to-earnings-growth ratio of 1.42 and a beta of 1.09. The Mosaic Company has a twelve month low of $22.36 and a twelve month high of $32.29. The company has a quick ratio of 0.49, a current ratio of 1.19 and a debt-to-equity ratio of 0.27.

Mosaic Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 19th. Shareholders of record on Thursday, June 5th will be given a $0.22 dividend. The ex-dividend date of this dividend is Thursday, June 5th. This represents a $0.88 annualized dividend and a yield of 2.88%. Mosaic's dividend payout ratio is presently 160.00%.

Wall Street Analyst Weigh In

MOS has been the topic of several recent research reports. Barclays raised Mosaic from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $27.00 to $33.00 in a report on Wednesday, March 19th. Oppenheimer raised Mosaic from a "market perform" rating to an "outperform" rating and set a $33.00 price target for the company in a research note on Thursday, March 20th. JPMorgan Chase & Co. raised shares of Mosaic from a "neutral" rating to an "overweight" rating and upped their price objective for the company from $26.00 to $29.00 in a research note on Monday, March 3rd. Piper Sandler restated a "neutral" rating and set a $30.00 price target on shares of Mosaic in a research report on Thursday, March 27th. Finally, UBS Group decreased 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 Wednesday, April 16th. Seven investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $32.42.

About Mosaic

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.