The Mosaic Company (NYSE:MOS) Shares Bought by Oxbow Advisors LLC

Oxbow Advisors LLC lifted its holdings in The Mosaic Company (NYSE:MOS) by 0.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 203,590 shares of the basic materials company’s stock after acquiring an additional 1,293 shares during the period. Oxbow Advisors LLC owned approximately 0.06% of Mosaic worth $5,004,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Brooklyn Investment Group increased its position in shares of Mosaic by 110.8% in the fourth quarter. Brooklyn Investment Group now owns 1,117 shares of the basic materials company’s stock worth $27,000 after acquiring an additional 587 shares in the last quarter. R Squared Ltd acquired a new stake in shares of Mosaic in the fourth quarter worth $33,000. Tobam acquired a new stake in shares of Mosaic in the fourth quarter worth $38,000. Heck Capital Advisors LLC acquired a new stake in shares of Mosaic in the fourth quarter worth $41,000. Finally, Blue Trust Inc. increased its position in shares of Mosaic by 46.4% in the third quarter. Blue Trust Inc. now owns 1,799 shares of the basic materials company’s stock worth $52,000 after acquiring an additional 570 shares in the last quarter. Institutional investors and hedge funds own 77.54% of the company’s stock.

Mosaic Trading Down 3.2 %

NYSE MOS opened at $25.77 on Friday. The Mosaic Company has a 12 month low of $23.56 and a 12 month high of $33.44. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.49. The company has a market capitalization of $8.18 billion, a price-to-earnings ratio of 22.80, a price-to-earnings-growth ratio of 1.42 and a beta of 1.34. The company’s fifty day moving average price is $26.20 and its two-hundred day moving average price is $26.51.

Mosaic Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 3.42%. This is an increase from Mosaic’s previous quarterly dividend of $0.21. The ex-dividend date is Thursday, March 6th. Mosaic’s dividend payout ratio is 74.34%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on MOS shares. Piper Sandler raised their price target on shares of Mosaic from $30.00 to $33.00 and gave the company a “neutral” rating in a report on Monday, January 27th. Mizuho raised their price target on shares of Mosaic from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Wednesday, November 13th. Morgan Stanley lowered their price target on shares of Mosaic from $40.00 to $30.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. CIBC started coverage on shares of Mosaic in a report on Tuesday, December 10th. They set a “neutral” rating and a $55.00 price target for the company. Finally, Barclays lowered shares of Mosaic from an “overweight” rating to an “underweight” rating and lowered their price target for the company from $30.00 to $27.00 in a report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $33.80.

Mosaic Profile

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.