The Mosaic Company $MOS Shares Purchased by LSV Asset Management

LSV Asset Management boosted its stake in shares of The Mosaic Company (NYSE:MOS) by 2.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,910,477 shares of the basic materials company’s stock after purchasing an additional 40,487 shares during the quarter. LSV Asset Management owned approximately 0.60% of Mosaic worth $66,255,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Plan A Wealth LLC grew its position in shares of Mosaic by 10.5% during the third quarter. Plan A Wealth LLC now owns 11,049 shares of the basic materials company’s stock worth $383,000 after buying an additional 1,048 shares in the last quarter. Cibc World Market Inc. lifted its stake in Mosaic by 27.1% in the third quarter. Cibc World Market Inc. now owns 30,282 shares of the basic materials company’s stock worth $1,050,000 after acquiring an additional 6,458 shares during the last quarter. Caprock Group LLC acquired a new position in Mosaic during the 3rd quarter worth approximately $396,000. ING Groep NV grew its holdings in Mosaic by 39.5% during the 3rd quarter. ING Groep NV now owns 803,286 shares of the basic materials company’s stock worth $27,858,000 after acquiring an additional 227,590 shares in the last quarter. Finally, Rhumbline Advisers increased its position in shares of Mosaic by 2.2% in the 3rd quarter. Rhumbline Advisers now owns 606,394 shares of the basic materials company’s stock valued at $21,030,000 after purchasing an additional 13,330 shares during the last quarter. Hedge funds and other institutional investors own 77.54% of the company’s stock.

Mosaic Trading Down 4.4%

MOS opened at $29.78 on Friday. The company has a quick ratio of 0.40, a current ratio of 1.14 and a debt-to-equity ratio of 0.26. The Mosaic Company has a 52 week low of $22.36 and a 52 week high of $38.23. The business’s 50 day moving average is $26.21 and its two-hundred day moving average is $29.18. The firm has a market cap of $9.45 billion, a price-to-earnings ratio of 7.71, a price-to-earnings-growth ratio of 1.41 and a beta of 0.97.

Mosaic Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Monday, March 9th will be paid a dividend of $0.22 per share. The ex-dividend date is Monday, March 9th. This represents a $0.88 dividend on an annualized basis and a yield of 3.0%. Mosaic’s dividend payout ratio is currently 22.80%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on MOS shares. Scotiabank raised shares of Mosaic from a “sector perform” rating to a “sector outperform” rating and set a $36.00 price objective for the company in a research report on Monday, February 2nd. HSBC cut their price target on Mosaic from $35.00 to $26.00 and set a “hold” rating on the stock in a research note on Monday, November 24th. BNP Paribas Exane lowered their price objective on Mosaic from $43.00 to $35.00 and set an “outperform” rating for the company in a research report on Monday, November 24th. JPMorgan Chase & Co. dropped their price objective on Mosaic from $26.00 to $24.00 and set a “neutral” rating on the stock in a report on Friday, December 5th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Mosaic in a research report on Monday, December 29th. Seven research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, Mosaic currently has an average rating of “Hold” and an average target price of $31.50.

About Mosaic

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.