The Mosaic Company $MOS Position Lessened by S&CO Inc.

S&CO Inc. lowered its stake in shares of The Mosaic Company (NYSE:MOS) by 4.9% in the third quarter, HoldingsChannel reports. The firm owned 1,075,818 shares of the basic materials company’s stock after selling 55,775 shares during the quarter. Mosaic makes up approximately 2.3% of S&CO Inc.’s holdings, making the stock its 11th largest holding. S&CO Inc.’s holdings in Mosaic were worth $37,309,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. increased its holdings in shares of Mosaic by 2.8% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 12,149 shares of the basic materials company’s stock worth $447,000 after acquiring an additional 333 shares during the period. NewEdge Advisors LLC raised its holdings in shares of Mosaic by 27.8% during the first quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock valued at $47,000 after buying an additional 380 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Mosaic by 57.6% during the third quarter. Smartleaf Asset Management LLC now owns 1,135 shares of the basic materials company’s stock worth $39,000 after buying an additional 415 shares during the period. First Horizon Advisors Inc. grew its holdings in Mosaic by 172.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 684 shares of the basic materials company’s stock worth $25,000 after buying an additional 433 shares in the last quarter. Finally, Exchange Traded Concepts LLC grew its holdings in Mosaic by 11.5% in the 3rd quarter. Exchange Traded Concepts LLC now owns 4,300 shares of the basic materials company’s stock worth $149,000 after buying an additional 444 shares in the last quarter. 77.54% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on MOS shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Mosaic in a research report on Monday, December 29th. Morgan Stanley lifted their price objective on shares of Mosaic from $33.00 to $35.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 14th. Barclays reduced their price objective on shares of Mosaic from $35.00 to $31.00 and set an “overweight” rating for the company in a report on Tuesday, December 9th. BNP Paribas Exane lowered their target price on shares of Mosaic from $43.00 to $35.00 and set an “outperform” rating on the stock in a research note on Monday, November 24th. Finally, HSBC reduced their price target on shares of Mosaic from $35.00 to $26.00 and set a “hold” rating for the company in a research note on Monday, November 24th. Seven equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $31.50.

Mosaic Price Performance

Shares of NYSE MOS opened at $29.60 on Tuesday. The Mosaic Company has a twelve month low of $22.36 and a twelve month high of $38.23. The company has a current ratio of 1.14, a quick ratio of 0.40 and a debt-to-equity ratio of 0.26. The firm has a 50-day moving average of $25.84 and a two-hundred day moving average of $29.21. The company has a market capitalization of $9.40 billion, a price-to-earnings ratio of 7.67, a PEG ratio of 1.29 and a beta of 0.97.

Mosaic Dividend Announcement

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

Mosaic 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.