Blueshift Asset Management LLC Raises Stock Holdings in The Mosaic Company (NYSE:MOS)

Blueshift Asset Management LLC increased its position in The Mosaic Company (NYSE:MOS) by 81.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,049 shares of the basic materials company’s stock after buying an additional 6,762 shares during the quarter. Blueshift Asset Management LLC’s holdings in Mosaic were worth $370,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. GSA Capital Partners LLP bought a new stake in shares of Mosaic during the 3rd quarter valued at $244,000. Natixis Advisors LLC bought a new stake in shares of Mosaic during the 3rd quarter valued at $299,000. Thrivent Financial for Lutherans boosted its holdings in shares of Mosaic by 8.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 190,195 shares of the basic materials company’s stock valued at $5,093,000 after buying an additional 14,967 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of Mosaic during the 3rd quarter valued at $218,000. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Mosaic by 9.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 46,641 shares of the basic materials company’s stock valued at $1,249,000 after buying an additional 4,012 shares in the last quarter. Institutional investors own 77.54% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. CIBC started coverage on shares of Mosaic in a report on Tuesday, December 10th. They set a “neutral” rating and a $55.00 target price on the stock. Barclays raised Mosaic from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $27.00 to $33.00 in a research report on Wednesday. Royal Bank of Canada lifted their price target on Mosaic from $27.00 to $28.00 and gave the stock a “sector perform” rating in a research report on Tuesday, March 4th. Piper Sandler lifted their price target on Mosaic from $30.00 to $33.00 and gave the stock a “neutral” rating in a research report on Monday, January 27th. Finally, The Goldman Sachs Group started 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. Seven investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Mosaic presently has an average rating of “Hold” and a consensus target price of $32.67.

Mosaic Price Performance

Shares of NYSE:MOS opened at $27.83 on Friday. The Mosaic Company has a fifty-two week low of $22.48 and a fifty-two week high of $33.44. The firm has a market cap of $8.82 billion, a price-to-earnings ratio of 24.63, a price-to-earnings-growth ratio of 1.42 and a beta of 1.34. 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 has a 50-day simple moving average of $26.54 and a two-hundred day simple moving average of $26.17.

Mosaic Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 19th. Stockholders of record on Thursday, June 5th will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend is Thursday, June 5th. Mosaic’s payout ratio is currently 160.00%.

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.