Natixis Has $1.66 Million Position in The Mosaic Company (NYSE:MOS)

Natixis trimmed its position in The Mosaic Company (NYSE:MOS - Free Report) by 45.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 67,354 shares of the basic materials company's stock after selling 55,412 shares during the period. Natixis' holdings in Mosaic were worth $1,656,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of MOS. Brooklyn Investment Group lifted its stake in Mosaic by 110.8% in the 4th 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 in the last quarter. R Squared Ltd bought a new stake in shares of Mosaic in the fourth quarter worth $33,000. Tobam bought a new stake in shares of Mosaic in the fourth quarter worth $38,000. Heck Capital Advisors LLC acquired a new position in Mosaic during the fourth quarter worth $41,000. Finally, Ethos Financial Group LLC bought a new position in Mosaic in the fourth quarter valued at $55,000. 77.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

MOS has been the topic of several analyst reports. The Goldman Sachs Group assumed coverage on shares of Mosaic in a research report on Thursday, March 13th. They set a "buy" rating and a $31.00 price target on the stock. UBS Group dropped their target price on Mosaic from $29.00 to $28.00 and set a "neutral" rating on the stock in a report on Wednesday, April 16th. Piper Sandler restated a "neutral" rating and issued a $30.00 price target on shares of Mosaic in a research note on Thursday, March 27th. JPMorgan Chase & Co. upgraded Mosaic from a "neutral" rating to an "overweight" rating and upped their price objective for the stock from $26.00 to $29.00 in a research note on Monday, March 3rd. Finally, Royal Bank of Canada raised their target price on shares of Mosaic from $28.00 to $30.00 and gave the company a "sector perform" rating in a research note on Friday, April 4th. Seven analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $32.42.

Mosaic Stock Performance

Mosaic stock traded up $0.44 during mid-day trading on Monday, hitting $29.57. 1,678,177 shares of the company's stock traded hands, compared to its average volume of 4,617,736. 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 has a 50 day simple moving average of $25.97 and a two-hundred day simple moving average of $26.21. The Mosaic Company has a fifty-two week low of $22.36 and a fifty-two week high of $32.29. The stock has a market cap of $9.37 billion, a price-to-earnings ratio of 26.17, a P/E/G ratio of 1.42 and a beta of 1.04.

Mosaic Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 19th. Investors of record on Thursday, June 5th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 2.98%. The ex-dividend date of this dividend is Thursday, June 5th. Mosaic's payout ratio is 160.00%.

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.