Savant Capital LLC Sells 1,478 Shares of The Mosaic Company (NYSE:MOS)

Savant Capital LLC decreased its stake in shares of The Mosaic Company (NYSE:MOS) by 10.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,121 shares of the basic materials company’s stock after selling 1,478 shares during the period. Savant Capital LLC’s holdings in Mosaic were worth $298,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in MOS. Brooklyn Investment Group grew its position in Mosaic by 110.8% in the fourth quarter. Brooklyn Investment Group now owns 1,117 shares of the basic materials company’s stock valued at $27,000 after purchasing an additional 587 shares in the last quarter. R Squared Ltd bought a new position in Mosaic in the fourth quarter valued at $33,000. Tobam acquired a new stake in Mosaic in the fourth quarter valued at $38,000. Heck Capital Advisors LLC bought a new position in shares of Mosaic in the 4th quarter valued at about $41,000. Finally, Larson Financial Group LLC grew its position in shares of Mosaic by 180,900.0% in the 3rd quarter. Larson Financial Group LLC now owns 1,810 shares of the basic materials company’s stock valued at $48,000 after acquiring an additional 1,809 shares during the period. Institutional investors own 77.54% of the company’s stock.

Mosaic Stock Performance

Shares of MOS stock opened at $26.54 on Tuesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.49 and a current ratio of 1.19. The company has a market capitalization of $8.43 billion, a price-to-earnings ratio of 23.48, a PEG ratio of 1.42 and a beta of 1.34. The Mosaic Company has a 52 week low of $23.56 and a 52 week high of $33.44. The company has a 50-day simple moving average of $26.19 and a 200 day simple moving average of $26.51.

Mosaic Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be issued a $0.22 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.88 dividend on an annualized basis and a yield of 3.32%. This is an increase from Mosaic’s previous quarterly dividend of $0.21. Mosaic’s payout ratio is currently 74.34%.

Analysts Set New Price Targets

MOS has been the subject of a number of analyst reports. CIBC initiated coverage on shares of Mosaic in a research report on Tuesday, December 10th. They issued a “neutral” rating and a $55.00 price objective for the company. Oppenheimer initiated coverage on shares of Mosaic in a research report on Thursday, December 12th. They issued a “market perform” rating for the company. Morgan Stanley decreased their price objective on shares of Mosaic from $40.00 to $30.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Royal Bank of Canada reissued a “sector perform” rating and issued a $30.00 price objective on shares of Mosaic in a research report on Thursday, November 14th. Finally, Mizuho lifted their price objective on shares of Mosaic from $28.00 to $29.00 and gave the company a “neutral” rating in a research report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $33.80.

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.