Mosaic Co (NYSE:MOS) has been given a consensus rating of “Hold” by the eighteen brokerages that are presently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $24.07.
Several research firms recently weighed in on MOS. Cowen lifted their price objective on Mosaic from $21.00 to $24.00 and gave the company a “market perform” rating in a report on Wednesday, November 22nd. Zacks Investment Research upgraded Mosaic from a “hold” rating to a “buy” rating and set a $26.00 target price on the stock in a research note on Tuesday, November 14th. Citigroup lifted their target price on Mosaic from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, November 2nd. BMO Capital Markets lifted their target price on Mosaic from $23.00 to $24.00 and gave the company a “market perform” rating in a research note on Wednesday, November 1st. Finally, Cleveland Research upgraded Mosaic from a “neutral” rating to a “buy” rating in a research note on Wednesday, November 1st.
Shares of Mosaic (NYSE MOS) opened at $23.41 on Thursday. Mosaic has a 52-week low of $19.23 and a 52-week high of $34.36. The firm has a market capitalization of $8,390.00, a price-to-earnings ratio of 23.24, a PEG ratio of 2.48 and a beta of 1.31. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.78.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Thursday, December 7th will be paid a dividend of $0.025 per share. The ex-dividend date of this dividend is Wednesday, December 6th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.43%. Mosaic’s payout ratio is 63.16%.
Hedge funds have recently modified their holdings of the company. YorkBridge Wealth Partners LLC grew its stake in shares of Mosaic by 13,636.4% during the third quarter. YorkBridge Wealth Partners LLC now owns 6,044 shares of the basic materials company’s stock worth $130,000 after acquiring an additional 6,000 shares during the last quarter. Pacer Advisors Inc. grew its stake in shares of Mosaic by 8.7% during the second quarter. Pacer Advisors Inc. now owns 7,366 shares of the basic materials company’s stock worth $168,000 after acquiring an additional 587 shares during the last quarter. Greenwood Capital Associates LLC grew its stake in shares of Mosaic by 30.5% during the second quarter. Greenwood Capital Associates LLC now owns 9,445 shares of the basic materials company’s stock worth $216,000 after acquiring an additional 2,210 shares during the last quarter. Westover Capital Advisors LLC purchased a new stake in Mosaic in the second quarter valued at approximately $218,000. Finally, Beach Investment Management LLC. purchased a new stake in Mosaic in the second quarter valued at approximately $228,000. Institutional investors and hedge funds own 76.94% of the company’s stock.
The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.
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