BlackRock Inc. Has $587.20 Million Stock Position in The Mosaic Company (NYSE:MOS)


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BlackRock Inc. grew its position in The Mosaic Company (NYSE:MOS) by 2.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 25,519,165 shares of the basic materials company’s stock after buying an additional 675,872 shares during the period. BlackRock Inc. owned approximately 0.07% of The Mosaic worth $587,197,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MOS. CI Investments Inc. acquired a new position in The Mosaic in the 3rd quarter worth $25,000. Freestone Capital Holdings LLC acquired a new position in The Mosaic in the 3rd quarter worth $27,000. Neo Ivy Capital Management acquired a new position in The Mosaic in the 3rd quarter worth $39,000. Royal London Asset Management Ltd. acquired a new position in The Mosaic in the 4th quarter worth $48,000. Finally, NEXT Financial Group Inc acquired a new position in The Mosaic in the 3rd quarter worth $53,000. 69.82% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts recently weighed in on MOS shares. VTB Capital lowered shares of The Mosaic from a “hold” rating to a “sell” rating and set a $20.00 target price for the company. in a research note on Wednesday, November 25th. BMO Capital Markets upped their target price on shares of The Mosaic from $25.00 to $30.00 and gave the stock a “market perform” rating in a research note on Friday. Morgan Stanley increased their price objective on shares of The Mosaic from $19.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Monday, December 14th. Credit Suisse Group increased their price objective on shares of The Mosaic from $20.00 to $24.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 4th. Finally, Citigroup upgraded shares of The Mosaic from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $26.00 to $33.00 in a research note on Monday, January 25th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $24.40.

Shares of MOS stock opened at $29.70 on Tuesday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.72 and a current ratio of 1.31. The firm’s 50-day moving average is $27.83 and its 200-day moving average is $21.57. The stock has a market cap of $11.26 billion, a price-to-earnings ratio of -10.35, a PEG ratio of 2.79 and a beta of 1.81. The Mosaic Company has a 52-week low of $6.50 and a 52-week high of $31.05.

The Mosaic (NYSE:MOS) last issued its earnings results on Tuesday, February 16th. The basic materials company reported $0.57 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.20 by $0.37. The firm had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.30 billion. During the same period in the previous year, the company posted ($0.29) earnings per share. Sell-side analysts predict that The Mosaic Company will post 0.47 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 18th. Stockholders of record on Thursday, March 4th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date of this dividend is Wednesday, March 3rd. The Mosaic’s dividend payout ratio is presently 105.26%.

The Mosaic Company 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.

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Institutional Ownership by Quarter for The Mosaic (NYSE:MOS)

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