Quantinno Capital Management LP Grows Stock Holdings in The Mosaic Company (NYSE:MOS)

Quantinno Capital Management LP raised its stake in The Mosaic Company (NYSE:MOS - Free Report) by 386.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,733 shares of the basic materials company's stock after acquiring an additional 51,435 shares during the quarter. Quantinno Capital Management LP's holdings in Mosaic were worth $1,591,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MOS. Invesco Ltd. boosted its stake in Mosaic by 29.3% in the fourth quarter. Invesco Ltd. now owns 13,507,131 shares of the basic materials company's stock valued at $332,005,000 after acquiring an additional 3,058,243 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Mosaic by 24.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 11,041,218 shares of the basic materials company's stock worth $271,382,000 after purchasing an additional 2,151,426 shares during the last quarter. Geode Capital Management LLC increased its holdings in Mosaic by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 8,621,001 shares of the basic materials company's stock valued at $218,751,000 after purchasing an additional 269,650 shares during the last quarter. Northern Trust Corp lifted its stake in Mosaic by 5.9% in the fourth quarter. Northern Trust Corp now owns 5,171,642 shares of the basic materials company's stock valued at $127,119,000 after buying an additional 287,493 shares during the period. Finally, Norges Bank bought a new position in Mosaic during the fourth quarter worth about $97,363,000. Institutional investors and hedge funds own 77.54% of the company's stock.

Mosaic Trading Up 1.8%

Shares of NYSE:MOS traded up $0.62 on Tuesday, hitting $35.72. The company had a trading volume of 1,653,736 shares, compared to its average volume of 4,696,709. The firm's 50-day simple moving average is $29.15 and its two-hundred day simple moving average is $27.11. The firm has a market capitalization of $11.33 billion, a price-to-earnings ratio of 31.68, a P/E/G ratio of 1.42 and a beta of 1.09. 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 Mosaic Company has a 1 year low of $22.36 and a 1 year high of $35.96.

Mosaic (NYSE:MOS - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The basic materials company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.45 by $0.04. Mosaic had a net margin of 3.24% and a return on equity of 6.00%. The business had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.70 billion. During the same period last year, the business posted $0.65 earnings per share. Mosaic's quarterly revenue was down 2.2% compared to the same quarter last year. Equities analysts anticipate that The Mosaic Company will post 2.04 earnings per share for the current fiscal year.

Mosaic Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 19th. Stockholders of record on Thursday, June 5th will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, June 5th. This represents a $0.88 annualized dividend and a dividend yield of 2.46%. Mosaic's payout ratio is presently 75.86%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on MOS shares. Piper Sandler reissued a "neutral" rating and issued a $30.00 price target on shares of Mosaic in a report on Thursday, March 27th. CIBC boosted their target price on Mosaic from $32.00 to $33.00 and gave the company a "neutral" rating in a research note on Friday, May 9th. Wells Fargo & Company increased their price target on Mosaic from $28.00 to $35.00 and gave the stock an "equal weight" rating in a report on Monday, May 12th. Oppenheimer raised their price target on Mosaic from $33.00 to $40.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 13th. Finally, Wall Street Zen raised shares of Mosaic from a "hold" rating to a "buy" rating in a research report on Thursday, May 22nd. Six investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $34.58.

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.