Edmond DE Rothschild Holding S.A. Grows Position in The Mosaic Company (NYSE:MOS)

Edmond DE Rothschild Holding S.A. boosted its stake in The Mosaic Company (NYSE:MOS) by 4.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 875,000 shares of the basic materials company’s stock after acquiring an additional 35,000 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Mosaic were worth $21,508,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of MOS. Brooklyn Investment Group increased its position in shares of Mosaic by 110.8% during the fourth quarter. Brooklyn Investment Group now owns 1,117 shares of the basic materials company’s stock valued at $27,000 after acquiring an additional 587 shares during the last quarter. R Squared Ltd acquired a new stake in Mosaic in the 4th quarter valued at approximately $33,000. Tobam purchased a new stake in Mosaic in the fourth quarter valued at approximately $38,000. Heck Capital Advisors LLC acquired a new position in Mosaic during the fourth quarter worth $41,000. Finally, Ethos Financial Group LLC purchased a new position in shares of Mosaic during the fourth quarter worth $55,000. Institutional investors and hedge funds own 77.54% of the company’s stock.

Mosaic Stock Down 0.8 %

Mosaic stock opened at $27.26 on Monday. The stock’s fifty day moving average is $26.58 and its two-hundred day moving average is $26.22. The stock has a market cap of $8.64 billion, a PE ratio of 24.13, a P/E/G ratio of 1.42 and a beta of 1.34. The Mosaic Company has a 1-year low of $22.48 and a 1-year 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.

Mosaic Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 19th. Investors of record on Thursday, June 5th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 3.23%. The ex-dividend date is Thursday, June 5th. Mosaic’s dividend payout ratio (DPR) is 160.00%.

Wall Street Analysts Forecast Growth

MOS has been the topic of several research analyst reports. Scotiabank boosted their price objective on Mosaic from $31.00 to $34.00 and gave the company a “sector outperform” rating in a report on Wednesday, March 19th. The Goldman Sachs Group started coverage on shares of Mosaic in a research report on Thursday, March 13th. They set a “buy” rating and a $31.00 price target on the stock. Oppenheimer upgraded shares of Mosaic from a “market perform” rating to an “outperform” rating and set a $33.00 price objective for the company in a report on Thursday, March 20th. Piper Sandler increased their target price on shares of Mosaic from $30.00 to $33.00 and gave the stock a “neutral” rating in a report on Monday, January 27th. Finally, Morgan Stanley dropped their price target on shares of Mosaic from $40.00 to $30.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $32.67.

About Mosaic

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.