The Mosaic Company (NYSE:MOS) Shares Bought by Voloridge Investment Management LLC

Voloridge Investment Management LLC grew its stake in shares of The Mosaic Company (NYSE:MOS - Free Report) by 21.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,187,445 shares of the basic materials company's stock after purchasing an additional 565,632 shares during the quarter. Voloridge Investment Management LLC owned approximately 1.00% of Mosaic worth $78,347,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MOS. Brooklyn Investment Group raised 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 worth $27,000 after purchasing an additional 587 shares in the last quarter. R Squared Ltd purchased a new position in shares of Mosaic during the fourth quarter worth approximately $33,000. Tobam purchased a new position in shares of Mosaic during the fourth quarter worth approximately $38,000. Heck Capital Advisors LLC purchased a new position in shares of Mosaic during the fourth quarter worth approximately $41,000. Finally, Ethos Financial Group LLC purchased a new position in shares of Mosaic during the fourth quarter worth approximately $55,000. Institutional investors and hedge funds own 77.54% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on MOS shares. Scotiabank restated an "outperform" rating on shares of Mosaic in a research report on Wednesday, May 14th. BNP Paribas upgraded shares of Mosaic to a "strong-buy" rating in a research report on Wednesday, April 9th. StockNews.com upgraded shares of Mosaic from a "hold" rating to a "buy" rating in a research report on Tuesday, May 13th. UBS Group lifted their price objective on shares of Mosaic from $28.00 to $31.00 and gave the company a "neutral" rating in a research report on Wednesday, May 7th. Finally, Wells Fargo & Company lifted their price objective on shares of Mosaic from $28.00 to $35.00 and gave the company an "equal weight" rating in a research report on Monday, May 12th. 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 stock. According to MarketBeat.com, Mosaic currently has an average rating of "Moderate Buy" and an average price target of $34.58.

Mosaic Stock Performance

NYSE:MOS opened at $35.34 on Tuesday. The Mosaic Company has a 1-year low of $22.36 and a 1-year high of $35.47. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.49. The firm's fifty day moving average price is $28.27 and its 200 day moving average price is $26.85. The firm has a market cap of $11.21 billion, a price-to-earnings ratio of 31.27, a price-to-earnings-growth ratio of 1.42 and a beta of 1.09.

Mosaic (NYSE:MOS - Get Free Report) last issued its earnings results 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. The company had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.70 billion. Mosaic had a net margin of 3.24% and a return on equity of 6.00%. The business's revenue was down 2.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.65 EPS. On average, sell-side analysts expect that The Mosaic Company will post 2.04 EPS for the current year.

Mosaic Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 19th. Shareholders of record on Thursday, June 5th will be given a dividend of $0.22 per share. The ex-dividend date is Thursday, June 5th. This represents a $0.88 annualized dividend and a dividend yield of 2.49%. Mosaic's payout ratio is currently 75.86%.

Mosaic 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.

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