Integrated Investment Consultants LLC grew its position in shares of The Mosaic Company (NYSE:MOS – Free Report) by 50.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,192 shares of the basic materials company’s stock after buying an additional 6,416 shares during the quarter. Integrated Investment Consultants LLC’s holdings in Mosaic were worth $514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also made changes to their positions in MOS. Blue Trust Inc. increased its position in Mosaic by 40.0% in the 2nd quarter. Blue Trust Inc. now owns 1,229 shares of the basic materials company’s stock worth $36,000 after buying an additional 351 shares during the period. Crossmark Global Holdings Inc. boosted its stake in Mosaic by 1.5% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 23,345 shares of the basic materials company’s stock valued at $625,000 after buying an additional 354 shares in the last quarter. Moors & Cabot Inc. boosted its stake in Mosaic by 5.0% in the 2nd quarter. Moors & Cabot Inc. now owns 7,958 shares of the basic materials company’s stock valued at $230,000 after buying an additional 382 shares in the last quarter. CVA Family Office LLC boosted its stake in Mosaic by 23.2% in the 3rd quarter. CVA Family Office LLC now owns 2,037 shares of the basic materials company’s stock valued at $55,000 after buying an additional 384 shares in the last quarter. Finally, CX Institutional boosted its stake in Mosaic by 1.5% in the 2nd quarter. CX Institutional now owns 28,480 shares of the basic materials company’s stock valued at $823,000 after buying an additional 418 shares in the last quarter. 77.54% of the stock is currently owned by institutional investors and hedge funds.
Mosaic Stock Up 2.3 %
Shares of Mosaic stock opened at $26.01 on Friday. The Mosaic Company has a 1 year low of $24.11 and a 1 year high of $38.30. The business has a 50-day moving average of $26.43 and a two-hundred day moving average of $27.82. The company has a market capitalization of $8.29 billion, a P/E ratio of 23.02, a price-to-earnings-growth ratio of 1.67 and a beta of 1.35. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.49.
Mosaic Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be issued a dividend of $0.21 per share. The ex-dividend date is Thursday, December 5th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.23%. Mosaic’s payout ratio is presently 74.34%.
Wall Street Analyst Weigh In
A number of research firms have commented on MOS. Wells Fargo & Company reduced their price objective on Mosaic from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Tuesday, September 24th. Barclays dropped their price objective on Mosaic from $32.00 to $30.00 and set an “overweight” rating for the company in a report on Friday, October 11th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $30.00 price objective on shares of Mosaic in a report on Thursday, November 14th. Finally, Mizuho upped their price objective on Mosaic from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $33.22.
View Our Latest Analysis on MOS
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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