Schwab Charles Investment Management Inc. boosted its position in Mosaic Co (NYSE:MOS) by 4.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,131,660 shares of the basic materials company’s stock after buying an additional 81,486 shares during the period. Schwab Charles Investment Management Inc.’s holdings in Mosaic were worth $54,699,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently bought and sold shares of the company. State Street Corp grew its position in Mosaic by 2.0% in the 2nd quarter. State Street Corp now owns 19,950,012 shares of the basic materials company’s stock valued at $455,461,000 after buying an additional 397,403 shares during the last quarter. Janus Henderson Group PLC grew its position in Mosaic by 16.3% in the 3rd quarter. Janus Henderson Group PLC now owns 362,064 shares of the basic materials company’s stock valued at $7,817,000 after buying an additional 50,776 shares during the last quarter. Copper Rock Capital Partners LLC purchased a new stake in shares of Mosaic during the 4th quarter worth $10,100,000. Engineers Gate Manager LP purchased a new stake in shares of Mosaic during the 3rd quarter worth $595,000. Finally, Janney Montgomery Scott LLC boosted its position in shares of Mosaic by 27.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 34,018 shares of the basic materials company’s stock worth $734,000 after purchasing an additional 7,326 shares in the last quarter. Hedge funds and other institutional investors own 76.81% of the company’s stock.
Several brokerages have commented on MOS. Zacks Investment Research lowered shares of Mosaic from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Scotiabank upgraded shares of Mosaic from an “underperform” rating to a “sector perform” rating in a research report on Wednesday, November 1st. BMO Capital Markets boosted their target price on shares of Mosaic from $23.00 to $24.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 1st. Stephens began coverage on shares of Mosaic in a research report on Friday. They set an “overweight” rating on the stock. Finally, began coverage on shares of Mosaic in a research report on Wednesday, October 11th. They set a “buy” rating and a $24.80 target price on the stock. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $24.98.
Mosaic Co (NYSE:MOS) opened at $24.78 on Tuesday. The stock has a market capitalization of $9,141.32, a price-to-earnings ratio of 25.53, a PEG ratio of 2.08 and a beta of 1.29. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.78. Mosaic Co has a one year low of $19.23 and a one year high of $34.36.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Thursday, March 1st will be paid a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 0.40%. The ex-dividend date of this dividend is Wednesday, February 28th. Mosaic’s dividend payout ratio (DPR) is presently 10.42%.
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The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.
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