The Mosaic Company (NYSE:MOS) Shares Purchased by Edgestream Partners L.P.

Edgestream Partners L.P. lifted its holdings in The Mosaic Company (NYSE:MOS) by 55.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 151,151 shares of the basic materials company’s stock after purchasing an additional 53,686 shares during the quarter. Edgestream Partners L.P.’s holdings in Mosaic were worth $3,715,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. US Bancorp DE lifted its position in Mosaic by 6.9% during the 3rd quarter. US Bancorp DE now owns 26,535 shares of the basic materials company’s stock worth $711,000 after acquiring an additional 1,707 shares during the period. Robeco Institutional Asset Management B.V. lifted its position in Mosaic by 115.6% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 69,188 shares of the basic materials company’s stock worth $1,853,000 after acquiring an additional 37,099 shares during the period. Olympiad Research LP acquired a new stake in Mosaic during the 3rd quarter worth about $209,000. Confluence Investment Management LLC lifted its position in Mosaic by 12.5% during the 3rd quarter. Confluence Investment Management LLC now owns 13,664 shares of the basic materials company’s stock worth $366,000 after acquiring an additional 1,523 shares during the period. Finally, Oxbow Advisors LLC lifted its position in Mosaic by 63.7% during the 3rd quarter. Oxbow Advisors LLC now owns 202,297 shares of the basic materials company’s stock worth $5,418,000 after acquiring an additional 78,688 shares during the period. Institutional investors and hedge funds own 77.54% of the company’s stock.

Mosaic Price Performance

Shares of Mosaic stock opened at $25.10 on Friday. 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 Mosaic Company has a twelve month low of $22.48 and a twelve month high of $33.44. The business has a 50-day moving average price of $26.22 and a 200 day moving average price of $26.30. The firm has a market cap of $7.95 billion, a PE ratio of 22.21, a P/E/G ratio of 1.42 and a beta of 1.34.

Mosaic Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 3.51%. The ex-dividend date is Thursday, March 6th. This is a positive change from Mosaic’s previous quarterly dividend of $0.21. Mosaic’s payout ratio is currently 160.00%.

Analyst Ratings Changes

A number of analysts have commented on the company. JPMorgan Chase & Co. raised Mosaic from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $26.00 to $29.00 in a research report on Monday, March 3rd. Mizuho reduced their price objective on Mosaic from $29.00 to $28.00 and set a “neutral” rating for the company in a research note on Monday, March 3rd. Morgan Stanley reduced their price objective on Mosaic from $40.00 to $30.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Oppenheimer began coverage on Mosaic in a research note on Thursday, December 12th. They set a “market perform” rating for the company. Finally, Scotiabank reduced their price objective on Mosaic from $34.00 to $31.00 and set a “sector outperform” rating for the company in a research note on Monday, March 3rd. Nine investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Mosaic presently has a consensus rating of “Hold” and a consensus target price of $31.70.

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.