The Mosaic Company (NYSE:MOS) Receives Average Recommendation of “Hold” from Analysts

The Mosaic Company (NYSE:MOS) has been assigned an average recommendation of “Hold” from the eleven analysts that are covering the firm, MarketBeat Ratings reports. Nine investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $31.70.

Several research firms recently commented on MOS. Mizuho cut their target price on shares of Mosaic from $29.00 to $28.00 and set a “neutral” rating for the company in a research note on Monday, March 3rd. Scotiabank dropped their price objective on shares of Mosaic from $34.00 to $31.00 and set a “sector outperform” rating on the stock in a research note on Monday, March 3rd. Oppenheimer started coverage on shares of Mosaic in a research note on Thursday, December 12th. They set a “market perform” rating on the stock. Piper Sandler lifted 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 target price on shares of Mosaic from $40.00 to $30.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th.

Institutional Investors Weigh In On Mosaic

A number of institutional investors and hedge funds have recently modified their holdings of the business. Brooklyn Investment Group increased its stake 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 acquired a new position in Mosaic during the fourth quarter worth $33,000. Tobam bought a new stake in Mosaic during the fourth quarter worth $38,000. Heck Capital Advisors LLC acquired a new position in shares of Mosaic during the 4th quarter worth approximately $41,000. Finally, Larson Financial Group LLC raised its position in shares of Mosaic by 180,900.0% in the third quarter. Larson Financial Group LLC now owns 1,810 shares of the basic materials company’s stock valued at $48,000 after purchasing an additional 1,809 shares during the period. 77.54% of the stock is owned by institutional investors.

Mosaic Trading Up 1.5 %

Mosaic stock opened at $25.10 on Monday. The firm has a 50 day simple moving average of $26.22 and a 200-day simple moving average of $26.29. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.49. The stock has a market capitalization of $7.95 billion, a PE ratio of 22.21, a price-to-earnings-growth ratio of 1.42 and a beta of 1.34. Mosaic has a 12-month low of $22.48 and a 12-month high of $33.44.

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 dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.51%. This is an increase from Mosaic’s previous quarterly dividend of $0.21. The ex-dividend date is Thursday, March 6th. Mosaic’s payout ratio is 160.00%.

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.