ING Groep NV Has $27.86 Million Stake in The Mosaic Company $MOS

ING Groep NV raised its position in shares of The Mosaic Company (NYSE:MOS) by 39.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 803,286 shares of the basic materials company’s stock after acquiring an additional 227,590 shares during the period. ING Groep NV owned approximately 0.25% of Mosaic worth $27,858,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in MOS. First Horizon Advisors Inc. boosted its stake in Mosaic by 172.5% during the 2nd quarter. First Horizon Advisors Inc. now owns 684 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 433 shares during the period. Rothschild Investment LLC lifted its holdings in shares of Mosaic by 650.0% during the second quarter. Rothschild Investment LLC now owns 750 shares of the basic materials company’s stock worth $27,000 after buying an additional 650 shares during the last quarter. Rexford Capital Inc. acquired a new position in shares of Mosaic during the second quarter worth approximately $28,000. True Wealth Design LLC boosted its position in shares of Mosaic by 1,819.0% in the third quarter. True Wealth Design LLC now owns 806 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 764 shares during the period. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of Mosaic in the second quarter worth $31,000. 77.54% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on MOS shares. Zacks Research raised shares of Mosaic from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 9th. HSBC cut their price objective on shares of Mosaic from $35.00 to $26.00 and set a “hold” rating for the company in a research report on Monday, November 24th. Barclays decreased their target price on Mosaic from $35.00 to $31.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 9th. Scotiabank raised Mosaic from a “sector perform” rating to a “sector outperform” rating and set a $36.00 price target for the company in a report on Monday, February 2nd. Finally, Bank of America decreased their price objective on Mosaic from $39.00 to $33.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. Seven research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Mosaic has a consensus rating of “Hold” and a consensus target price of $31.50.

Mosaic Stock Up 2.0%

NYSE MOS opened at $30.15 on Wednesday. The Mosaic Company has a 1-year low of $22.36 and a 1-year high of $38.23. The company has a market capitalization of $9.57 billion, a price-to-earnings ratio of 7.81, a PEG ratio of 1.33 and a beta of 0.97. The stock’s 50 day moving average is $25.95 and its two-hundred day moving average is $29.16. The company has a current ratio of 1.14, a quick ratio of 0.40 and a debt-to-equity ratio of 0.26.

Mosaic Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Monday, March 9th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Monday, March 9th. Mosaic’s payout ratio is currently 22.80%.

Mosaic Company Profile

Mosaic Co is one of the world’s leading producers and marketers of concentrated phosphate and potash crop nutrients. The company’s primary business activities center on the extraction, processing and distribution of phosphate rock, phosphate-based fertilizers and potash products. These core nutrients are essential components in modern agriculture, supporting crop yields and soil health across a range of farming applications.

In its phosphate segment, Mosaic operates mining and production facilities that convert phosphate rock into concentrated phosphates, finished phosphate fertilizers and feed phosphates for animal nutrition.