The Mosaic Company (NYSE:MOS) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC cut its stake in The Mosaic Company (NYSE:MOS) by 35.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,464 shares of the basic materials company’s stock after selling 4,117 shares during the period. Sanctuary Advisors LLC’s holdings in Mosaic were worth $183,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brooklyn Investment Group grew its holdings in shares of Mosaic by 110.8% in the 4th quarter. Brooklyn Investment Group now owns 1,117 shares of the basic materials company’s stock worth $27,000 after acquiring an additional 587 shares during the period. R Squared Ltd purchased a new stake in Mosaic during the fourth quarter worth $33,000. Tobam acquired a new stake in Mosaic in the fourth quarter valued at $38,000. Heck Capital Advisors LLC purchased a new position in shares of Mosaic in the fourth quarter valued at $41,000. Finally, Larson Financial Group LLC raised its stake in shares of Mosaic by 180,900.0% during the 3rd quarter. Larson Financial Group LLC now owns 1,810 shares of the basic materials company’s stock worth $48,000 after buying an additional 1,809 shares during the last quarter. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Mosaic Trading Up 4.7 %

Shares of MOS opened at $24.18 on Thursday. The Mosaic Company has a fifty-two week low of $22.48 and a fifty-two week high of $33.44. The company has a market capitalization of $7.68 billion, a PE ratio of 21.39, a price-to-earnings-growth ratio of 1.42 and a beta of 1.34. The stock has a fifty day moving average of $26.19 and a two-hundred day moving average of $26.34. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.49 and a current ratio of 1.19.

Mosaic Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be paid a $0.22 dividend. This is a positive change from Mosaic’s previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a yield of 3.64%. The ex-dividend date of this dividend is Thursday, March 6th. Mosaic’s dividend payout ratio is presently 160.00%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on MOS. JPMorgan Chase & Co. raised shares of Mosaic from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $26.00 to $29.00 in a research note on Monday. Royal Bank of Canada increased their price target on shares of Mosaic from $27.00 to $28.00 and gave the company a “sector perform” rating in a research report on Tuesday. Mizuho dropped their price objective on shares of Mosaic from $29.00 to $28.00 and set a “neutral” rating for the company in a research note on Monday. CIBC initiated coverage on Mosaic in a research note on Tuesday, December 10th. They issued a “neutral” rating and a $55.00 target price on the stock. Finally, Wells Fargo & Company dropped their price target on Mosaic from $29.00 to $26.00 and set an “equal weight” rating for the company in a research report on Monday. Nine analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $31.70.

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.