Chartwell Investment Partners LLC lifted its position in shares of Mosaic Co (NYSE:MOS) by 49.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 347,163 shares of the basic materials company’s stock after purchasing an additional 114,955 shares during the quarter. Chartwell Investment Partners LLC owned about 0.10% of Mosaic worth $8,908,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Janus Henderson Group PLC boosted its position in shares of Mosaic by 16.3% during the third quarter. Janus Henderson Group PLC now owns 362,064 shares of the basic materials company’s stock valued at $7,817,000 after purchasing an additional 50,776 shares in the last quarter. Westpac Banking Corp boosted its position in shares of Mosaic by 32.6% during the fourth quarter. Westpac Banking Corp now owns 107,355 shares of the basic materials company’s stock valued at $2,755,000 after purchasing an additional 26,390 shares in the last quarter. State of Alaska Department of Revenue boosted its position in shares of Mosaic by 32.3% during the fourth quarter. State of Alaska Department of Revenue now owns 71,980 shares of the basic materials company’s stock valued at $1,845,000 after purchasing an additional 17,560 shares in the last quarter. Copper Rock Capital Partners LLC bought a new stake in shares of Mosaic during the fourth quarter valued at approximately $10,100,000. Finally, Engineers Gate Manager LP bought a new stake in shares of Mosaic during the third quarter valued at approximately $595,000. Institutional investors own 76.37% of the company’s stock.
Shares of Mosaic Co (MOS) opened at $25.43 on Friday. The company has a quick ratio of 0.90, a current ratio of 1.78 and a debt-to-equity ratio of 0.37. Mosaic Co has a 1-year low of $19.23 and a 1-year high of $33.90. The company has a market capitalization of $8,930.00, a price-to-earnings ratio of 26.77, a price-to-earnings-growth ratio of 2.05 and a beta of 1.29.
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Thursday, March 1st will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.39%. The ex-dividend date is Wednesday, February 28th. Mosaic’s dividend payout ratio (DPR) is 10.53%.
Several equities research analysts recently weighed in on MOS shares. Zacks Investment Research lowered Mosaic from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. Cleveland Research upgraded Mosaic from a “neutral” rating to a “buy” rating in a research report on Wednesday, November 1st. JPMorgan Chase & Co. started coverage on Mosaic in a research report on Friday, January 12th. They set a “neutral” rating and a $26.00 price target on the stock. Royal Bank of Canada lifted their price target on Mosaic from $24.00 to $28.00 and gave the company a “sector perform” rating in a research report on Friday, January 12th. Finally, Scotiabank upgraded Mosaic from an “underperform” rating to a “sector perform” rating in a research report on Wednesday, November 1st. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $24.98.
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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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