Windmill Hill Asset Management Ltd decreased its position in The Mosaic Company (NYSE:MOS – Free Report) by 45.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 13,625 shares of the basic materials company’s stock after selling 11,250 shares during the period. Mosaic comprises approximately 0.3% of Windmill Hill Asset Management Ltd’s portfolio, making the stock its 19th largest position. Windmill Hill Asset Management Ltd’s holdings in Mosaic were worth $335,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Tobam acquired a new position in Mosaic during the 4th quarter worth approximately $38,000. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of Mosaic by 1.8% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 32,516 shares of the basic materials company’s stock valued at $799,000 after purchasing an additional 570 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Mosaic by 12.7% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 64,689 shares of the basic materials company’s stock worth $1,548,000 after acquiring an additional 7,282 shares during the period. Yousif Capital Management LLC grew its holdings in Mosaic by 6.1% in the 4th quarter. Yousif Capital Management LLC now owns 52,487 shares of the basic materials company’s stock valued at $1,290,000 after buying an additional 3,010 shares in the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. increased its position in Mosaic by 9.4% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 15,944 shares of the basic materials company’s stock worth $392,000 after buying an additional 1,369 shares during the period. Institutional investors and hedge funds own 77.54% of the company’s stock.
Mosaic Trading Down 4.8 %
MOS opened at $26.47 on Friday. The Mosaic Company has a 1-year low of $23.56 and a 1-year high of $33.44. The company has a current ratio of 1.19, a quick ratio of 0.49 and a debt-to-equity ratio of 0.27. The company has a market cap of $8.41 billion, a P/E ratio of 23.42, a PEG ratio of 1.49 and a beta of 1.34. The company’s 50 day moving average is $26.15 and its 200-day moving average is $26.67.
Mosaic Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be paid a dividend of $0.22 per share. The ex-dividend date is Thursday, March 6th. This represents a $0.88 annualized dividend and a dividend yield of 3.33%. This is an increase from Mosaic’s previous quarterly dividend of $0.21. Mosaic’s dividend payout ratio (DPR) is presently 74.34%.
Wall Street Analyst Weigh In
MOS has been the topic of several research reports. Morgan Stanley decreased their price target on shares of Mosaic from $40.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. CIBC started coverage on shares of Mosaic in a research report on Tuesday, December 10th. They set a “neutral” rating and a $55.00 target price on the stock. Royal Bank of Canada reiterated a “sector perform” rating and issued a $30.00 price target on shares of Mosaic in a research report on Thursday, November 14th. Mizuho increased their price target on Mosaic from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 13th. Finally, Barclays cut Mosaic from an “overweight” rating to an “underweight” rating and dropped their price objective for the company from $30.00 to $27.00 in a report on Tuesday, January 21st. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $33.80.
View Our Latest Stock Analysis on MOS
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.
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