Siemens Fonds Invest GmbH bought a new stake in The Mosaic Company (NYSE:MOS - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,100 shares of the basic materials company's stock, valued at approximately $224,000.
Several other institutional investors have also added to or reduced their stakes in MOS. Brooklyn Investment Group boosted 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 valued at $27,000 after acquiring an additional 587 shares during the last quarter. R Squared Ltd bought a new stake in Mosaic in the fourth quarter valued at approximately $33,000. Tobam bought a new stake in Mosaic in the fourth quarter valued at approximately $38,000. Heck Capital Advisors LLC bought a new position in shares of Mosaic during the 4th quarter worth approximately $41,000. Finally, Ethos Financial Group LLC bought a new position in shares of Mosaic during the 4th quarter worth approximately $55,000. 77.54% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of research firms have issued reports on MOS. BNP Paribas upgraded Mosaic to a "strong-buy" rating in a report on Wednesday, April 9th. CIBC increased their price target on Mosaic from $32.00 to $33.00 and gave the stock a "neutral" rating in a report 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. Scotiabank increased their price target on Mosaic from $34.00 to $42.00 and gave the stock a "sector outperform" rating in a report on Wednesday, May 14th. Finally, Oppenheimer increased their price target on Mosaic from $33.00 to $40.00 and gave the stock an "outperform" rating in a report on Tuesday, May 13th. Six research 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 has an average rating of "Moderate Buy" and a consensus target price of $34.58.
Check Out Our Latest Stock Report on MOS
Mosaic Price Performance
Shares of NYSE:MOS opened at $35.21 on Monday. 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 twelve month low of $22.36 and a twelve month high of $35.68. The stock's 50 day moving average is $28.06 and its 200-day moving average is $26.79. The firm has a market capitalization of $11.17 billion, a price-to-earnings ratio of 31.16, a PEG ratio of 1.42 and a beta of 1.09.
Mosaic (NYSE:MOS - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The basic materials company reported $0.49 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.04. The business had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.70 billion. Mosaic had a return on equity of 6.00% and a net margin of 3.24%. Mosaic's quarterly revenue was down 2.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.65 EPS. Sell-side analysts forecast that The Mosaic Company will post 2.04 EPS for the current fiscal year.
Mosaic Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, June 19th. Investors of record on Thursday, June 5th will be given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date of this dividend is Thursday, June 5th. Mosaic's payout ratio is currently 75.86%.
About Mosaic
(
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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