Schonfeld Strategic Advisors LLC Increases Stake in The Mosaic Company (NYSE:MOS)

Schonfeld Strategic Advisors LLC lifted its stake in The Mosaic Company (NYSE:MOS - Free Report) by 985.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 955,804 shares of the basic materials company's stock after acquiring an additional 867,722 shares during the quarter. Schonfeld Strategic Advisors LLC owned approximately 0.30% of Mosaic worth $23,494,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brooklyn Investment Group increased its stake in shares of Mosaic by 110.8% during the 4th 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 last quarter. R Squared Ltd bought a new position in Mosaic in the 4th quarter valued at about $33,000. Tobam bought a new position in shares of Mosaic during the fourth quarter worth approximately $38,000. Heck Capital Advisors LLC acquired a new stake in Mosaic during the 4th quarter worth approximately $41,000. Finally, Ethos Financial Group LLC bought a new stake in Mosaic in the 4th quarter valued at $55,000. Institutional investors own 77.54% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Mizuho lowered their price objective on Mosaic from $29.00 to $28.00 and set a "neutral" rating on the stock in a research note on Monday, March 3rd. Wells Fargo & Company raised their price target on Mosaic from $26.00 to $28.00 and gave the stock an "equal weight" rating in a research report on Wednesday, March 19th. BNP Paribas upgraded shares of Mosaic to a "strong-buy" rating in a research note on Wednesday, April 9th. 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 report on Friday, April 4th. Finally, Barclays raised shares of Mosaic from an "equal weight" rating to an "overweight" rating and upped their price target for the stock from $27.00 to $33.00 in a report on Wednesday, March 19th. Seven research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $32.42.

Mosaic Price Performance

Shares of Mosaic stock traded up $0.31 during trading on Monday, reaching $30.82. 2,325,501 shares of the stock traded hands, compared to its average volume of 4,578,983. The Mosaic Company has a 52-week low of $22.36 and a 52-week high of $32.29. 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 business has a fifty day simple moving average of $26.39 and a two-hundred day simple moving average of $26.36. The company has a market capitalization of $9.77 billion, a price-to-earnings ratio of 27.26, a P/E/G ratio of 1.42 and a beta of 1.09.

Mosaic Dividend Announcement

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 $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date of this dividend is Thursday, June 5th. Mosaic's payout ratio is presently 160.00%.

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.