The Mosaic Company (NYSE:MOS) Stock Position Raised by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lifted its position in The Mosaic Company (NYSE:MOS) by 24.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,041,218 shares of the basic materials company’s stock after buying an additional 2,151,426 shares during the quarter. Dimensional Fund Advisors LP owned about 3.48% of Mosaic worth $271,382,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Brooklyn Investment Group raised its holdings in shares of Mosaic by 110.8% during the 4th quarter. Brooklyn Investment Group now owns 1,117 shares of the basic materials company’s stock valued at $27,000 after purchasing an additional 587 shares in the last quarter. R Squared Ltd bought a new position in Mosaic during the fourth quarter valued at about $33,000. Tobam bought a new stake in shares of Mosaic during the 4th quarter worth about $38,000. Heck Capital Advisors LLC bought a new position in shares of Mosaic in the 4th quarter valued at approximately $41,000. Finally, Ethos Financial Group LLC acquired a new stake in shares of Mosaic in the fourth quarter worth $55,000. Institutional investors and hedge funds own 77.54% of the company’s stock.

Mosaic Trading Down 0.1 %

MOS opened at $27.24 on Tuesday. The firm has a market capitalization of $8.63 billion, a price-to-earnings ratio of 24.11, a PEG ratio of 1.42 and a beta of 1.04. The Mosaic Company has a fifty-two week low of $22.36 and a fifty-two week high of $32.29. The company’s 50 day moving average price is $25.83 and its two-hundred day moving average price is $26.14. 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 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 19th. Investors of record on Thursday, June 5th will be given a dividend of $0.22 per share. The ex-dividend date is Thursday, June 5th. This represents a $0.88 annualized dividend and a dividend yield of 3.23%. Mosaic’s payout ratio is 160.00%.

Wall Street Analyst Weigh In

MOS has been the topic of several research reports. Barclays upgraded shares of Mosaic from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $27.00 to $33.00 in a report on Wednesday, March 19th. JPMorgan Chase & Co. upgraded shares of Mosaic from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $26.00 to $29.00 in a research report on Monday, March 3rd. Morgan Stanley reduced their price objective on Mosaic from $40.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. Royal Bank of Canada increased their price target on shares of Mosaic from $28.00 to $30.00 and gave the company a “sector perform” rating in a research note on Friday, April 4th. Finally, Mizuho lowered their price objective on Mosaic from $29.00 to $28.00 and set a “neutral” rating for the company in a research report on Monday, March 3rd. Seven equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $32.42.

About Mosaic

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.