Boston Partners Has $137.97 Million Holdings in The Mosaic Company (NYSE:MOS)

Boston Partners cut its position in shares of The Mosaic Company (NYSE:MOS) by 19.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,611,286 shares of the basic materials company’s stock after selling 1,394,714 shares during the quarter. Boston Partners owned about 1.77% of Mosaic worth $137,970,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Intellectus Partners LLC grew its holdings in Mosaic by 3.3% in the fourth quarter. Intellectus Partners LLC now owns 12,350 shares of the basic materials company’s stock worth $304,000 after purchasing an additional 400 shares during the period. Arizona State Retirement System grew its holdings in Mosaic by 0.5% in the fourth quarter. Arizona State Retirement System now owns 92,550 shares of the basic materials company’s stock worth $2,275,000 after purchasing an additional 471 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in Mosaic by 1.8% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 32,516 shares of the basic materials company’s stock worth $799,000 after purchasing an additional 570 shares during the period. Brooklyn Investment Group grew its holdings in Mosaic by 110.8% in the fourth quarter. Brooklyn Investment Group now owns 1,117 shares of the basic materials company’s stock worth $27,000 after purchasing an additional 587 shares during the period. Finally, Investors Asset Management of Georgia Inc. GA ADV grew its holdings in Mosaic by 7.0% in the fourth quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 9,524 shares of the basic materials company’s stock worth $237,000 after purchasing an additional 619 shares during the period. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have commented on MOS. Oppenheimer initiated coverage on shares of Mosaic in a report on Thursday, December 12th. They issued a “market perform” rating for the company. Wells Fargo & Company dropped their price objective on shares of Mosaic from $29.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Monday, March 3rd. Morgan Stanley dropped their price objective on shares of Mosaic from $40.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. Mizuho dropped their price objective on shares of Mosaic from $29.00 to $28.00 and set a “neutral” rating on the stock in a research note on Monday, March 3rd. Finally, Royal Bank of Canada raised their price objective on shares of Mosaic from $27.00 to $28.00 and gave the company a “sector perform” rating in a research note on Tuesday, March 4th. Nine research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $31.64.

Mosaic Stock Up 2.4 %

MOS opened at $27.18 on Wednesday. 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 company’s 50-day moving average is $26.34 and its 200 day moving average is $26.15. The Mosaic Company has a fifty-two week low of $22.48 and a fifty-two week high of $33.44. The firm has a market capitalization of $8.61 billion, a P/E ratio of 24.05, a PEG ratio of 1.42 and a beta of 1.34.

Mosaic Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be given a $0.22 dividend. This is a positive change from Mosaic’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.88 annualized dividend and a yield of 3.24%. Mosaic’s payout ratio is currently 160.00%.

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.