Dimensional Fund Advisors LP Purchases 2,151,426 Shares of The Mosaic Company (NYSE:MOS)

Dimensional Fund Advisors LP lifted its holdings in The Mosaic Company (NYSE:MOS - Free Report) by 24.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,041,218 shares of the basic materials company's stock after buying an additional 2,151,426 shares during the period. Dimensional Fund Advisors LP owned about 3.48% of Mosaic worth $271,382,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Pacer Advisors Inc. boosted its position in Mosaic by 49.0% during the fourth quarter. Pacer Advisors Inc. now owns 73,807 shares of the basic materials company's stock valued at $1,814,000 after purchasing an additional 24,281 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Mosaic by 4.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,368,596 shares of the basic materials company's stock valued at $82,800,000 after purchasing an additional 150,186 shares during the last quarter. OLD National Bancorp IN boosted its position in Mosaic by 33.8% during the fourth quarter. OLD National Bancorp IN now owns 291,605 shares of the basic materials company's stock valued at $7,168,000 after purchasing an additional 73,653 shares during the last quarter. Swedbank AB boosted its position in Mosaic by 9.3% during the fourth quarter. Swedbank AB now owns 1,387,332 shares of the basic materials company's stock valued at $34,101,000 after purchasing an additional 117,838 shares during the last quarter. Finally, Proficio Capital Partners LLC acquired a new stake in Mosaic during the fourth quarter valued at $1,054,000. Institutional investors and hedge funds own 77.54% of the company's stock.

Mosaic Stock Performance

Shares of Mosaic stock traded up $0.19 during trading on Friday, reaching $29.12. The company's stock had a trading volume of 3,647,897 shares, compared to its average volume of 4,628,608. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.49 and a current ratio of 1.19. The business's fifty day moving average price is $25.97 and its 200-day moving average price is $26.21. The firm has a market cap of $9.23 billion, a price-to-earnings ratio of 25.77, a price-to-earnings-growth ratio of 1.42 and a beta of 1.04. The Mosaic Company has a one year low of $22.36 and a one year high of $32.29.

Mosaic Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Stockholders of record on Thursday, June 5th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Thursday, June 5th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.02%. Mosaic's payout ratio is presently 160.00%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Royal Bank of Canada lifted their price objective on Mosaic from $28.00 to $30.00 and gave the company a "sector perform" rating in a research report on Friday, April 4th. JPMorgan Chase & Co. raised Mosaic from a "neutral" rating to an "overweight" rating and boosted their price target for the stock from $26.00 to $29.00 in a research report on Monday, March 3rd. UBS Group reduced their price target on Mosaic from $29.00 to $28.00 and set a "neutral" rating for the company in a research report on Wednesday, April 16th. The Goldman Sachs Group assumed coverage on Mosaic in a research report on Thursday, March 13th. They issued a "buy" rating and a $31.00 price target for the company. Finally, Morgan Stanley reduced their price target on Mosaic from $40.00 to $30.00 and set an "equal weight" rating for the company in a research report on Monday, January 13th. Seven analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $32.42.

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.