Dimensional Fund Advisors LP Increases Stock Position in The Mosaic Company $MOS

Dimensional Fund Advisors LP boosted its holdings in The Mosaic Company (NYSE:MOS) by 11.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,576,151 shares of the basic materials company’s stock after buying an additional 1,285,883 shares during the period. Dimensional Fund Advisors LP’s holdings in Mosaic were worth $436,140,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Managed Asset Portfolios LLC grew its position in shares of Mosaic by 6.3% in the third quarter. Managed Asset Portfolios LLC now owns 695,511 shares of the basic materials company’s stock valued at $24,120,000 after purchasing an additional 41,084 shares in the last quarter. Cresset Asset Management LLC boosted its stake in Mosaic by 85.2% in the 3rd quarter. Cresset Asset Management LLC now owns 16,894 shares of the basic materials company’s stock worth $586,000 after purchasing an additional 7,774 shares during the period. Victory Capital Management Inc. grew its holdings in Mosaic by 7.0% during the 3rd quarter. Victory Capital Management Inc. now owns 1,651,503 shares of the basic materials company’s stock valued at $57,274,000 after buying an additional 107,981 shares in the last quarter. CI Investments Inc. increased its position in shares of Mosaic by 65.3% during the third quarter. CI Investments Inc. now owns 78,105 shares of the basic materials company’s stock valued at $2,709,000 after buying an additional 30,841 shares during the period. Finally, Focus Partners Advisor Solutions LLC lifted its holdings in shares of Mosaic by 222.1% in the third quarter. Focus Partners Advisor Solutions LLC now owns 24,561 shares of the basic materials company’s stock worth $852,000 after buying an additional 16,936 shares in the last quarter. Hedge funds and other institutional investors own 77.54% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on MOS. Weiss Ratings cut shares of Mosaic from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday. Royal Bank Of Canada reduced their price target on shares of Mosaic from $29.00 to $28.00 and set a “sector perform” rating for the company in a research report on Thursday, February 26th. UBS Group decreased their price target on shares of Mosaic from $38.00 to $33.00 and set a “buy” rating on the stock in a report on Monday, January 12th. BNP Paribas Exane lowered their price objective on Mosaic from $43.00 to $35.00 and set an “outperform” rating on the stock in a research report on Monday, November 24th. Finally, Oppenheimer set a $35.00 target price on Mosaic in a research report on Friday, January 16th. Six equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $30.94.

Mosaic Stock Performance

Mosaic stock opened at $26.04 on Thursday. The Mosaic Company has a fifty-two week low of $22.36 and a fifty-two week high of $38.23. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.47 and a current ratio of 1.32. The stock has a market cap of $8.27 billion, a P/E ratio of 15.41, a price-to-earnings-growth ratio of 1.47 and a beta of 0.95. The firm’s fifty day moving average price is $27.36 and its 200-day moving average price is $28.61.

Mosaic (NYSE:MOS) last released its earnings results on Tuesday, February 24th. The basic materials company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.26). Mosaic had a net margin of 4.49% and a return on equity of 5.80%. The firm had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $3.02 billion. During the same period in the prior year, the company earned $0.45 EPS. The firm’s revenue was up 5.6% compared to the same quarter last year. On average, equities research analysts expect that The Mosaic Company will post 2.04 earnings per share for the current fiscal year.

Mosaic Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Monday, March 9th will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Monday, March 9th. Mosaic’s dividend payout ratio (DPR) is currently 52.07%.

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.