The Mosaic Company (NYSE:MOS) Holdings Lifted by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd grew its holdings in shares of The Mosaic Company (NYSE:MOS) by 13.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 67,195 shares of the basic materials company’s stock after buying an additional 7,778 shares during the period. UniSuper Management Pty Ltd’s holdings in Mosaic were worth $1,652,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. WINTON GROUP Ltd bought a new stake in Mosaic during the 4th quarter valued at $949,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Mosaic by 16.4% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 502,430 shares of the basic materials company’s stock valued at $12,636,000 after purchasing an additional 70,898 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp lifted its holdings in Mosaic by 0.4% in the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 417,823 shares of the basic materials company’s stock worth $10,270,000 after purchasing an additional 1,521 shares during the period. EntryPoint Capital LLC bought a new position in Mosaic in the 4th quarter valued at about $583,000. Finally, LPL Financial LLC increased its stake in Mosaic by 8.7% during the 4th quarter. LPL Financial LLC now owns 298,207 shares of the basic materials company’s stock valued at $7,330,000 after buying an additional 23,855 shares during the period. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

MOS has been the subject of a number of research analyst reports. Morgan Stanley reduced their price target on shares of Mosaic from $40.00 to $30.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. The Goldman Sachs Group began coverage on Mosaic in a research report on Thursday, March 13th. They issued a “buy” rating and a $31.00 target price for the company. Oppenheimer upgraded Mosaic from a “market perform” rating to an “outperform” rating and set a $33.00 price target on the stock in a research report on Thursday, March 20th. Scotiabank upped their price objective on Mosaic from $31.00 to $34.00 and gave the company a “sector outperform” rating in a report on Wednesday, March 19th. Finally, Wells Fargo & Company lifted their target price on Mosaic from $26.00 to $28.00 and gave the stock an “equal weight” rating in a report on Wednesday, March 19th. Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, Mosaic presently has a consensus rating of “Hold” and a consensus target price of $32.67.

Mosaic Trading Down 0.8 %

NYSE:MOS opened at $27.26 on Monday. The stock has a fifty day simple moving average of $26.58 and a 200 day simple moving average of $26.22. The company has a quick ratio of 0.49, a current ratio of 1.19 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $8.64 billion, a price-to-earnings ratio of 24.13, a price-to-earnings-growth ratio of 1.42 and a beta of 1.34. The Mosaic Company has a 1-year low of $22.48 and a 1-year high of $33.44.

Mosaic Dividend Announcement

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

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.