The Mosaic Company (NYSE:MOS) Shares Bought by Oxford Asset Management LLP

Oxford Asset Management LLP grew its position in The Mosaic Company (NYSE:MOS) by 48.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,527 shares of the basic materials company’s stock after acquiring an additional 10,639 shares during the quarter. Oxford Asset Management LLP’s holdings in Mosaic were worth $800,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Virtu Financial LLC acquired a new stake in Mosaic in the third quarter valued at about $303,000. Wilmington Savings Fund Society FSB grew its position in Mosaic by 12.6% during the third quarter. Wilmington Savings Fund Society FSB now owns 12,282 shares of the basic materials company’s stock worth $329,000 after buying an additional 1,371 shares during the period. Tidal Investments LLC increased its holdings in Mosaic by 4.0% in the third quarter. Tidal Investments LLC now owns 39,617 shares of the basic materials company’s stock valued at $1,061,000 after buying an additional 1,534 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of Mosaic by 30.3% during the 3rd quarter. Franklin Resources Inc. now owns 300,338 shares of the basic materials company’s stock worth $7,854,000 after acquiring an additional 69,763 shares in the last quarter. Finally, Inspire Trust Co. N.A. lifted its stake in Mosaic by 16.8% in the 3rd quarter. Inspire Trust Co. N.A. now owns 139,380 shares of the basic materials company’s stock valued at $3,733,000 after buying an additional 20,000 shares in the last quarter. Institutional investors and hedge funds own 77.54% of the company’s stock.

Mosaic Stock Performance

Shares of MOS opened at $29.12 on Friday. The firm has a market cap of $9.23 billion, a P/E ratio of 25.77, a PEG ratio of 1.42 and a beta of 1.04. The Mosaic Company has a twelve month low of $22.36 and a twelve month high of $32.29. 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 firm’s 50 day moving average price is $25.97 and its two-hundred day moving average price is $26.21.

Mosaic Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 19th. Shareholders of record on Thursday, June 5th will be paid a $0.22 dividend. The ex-dividend date is Thursday, June 5th. This represents a $0.88 annualized dividend and a yield of 3.02%. Mosaic’s payout ratio is currently 160.00%.

Analysts Set New Price Targets

MOS has been the topic of several research reports. Morgan Stanley cut their price objective on Mosaic from $40.00 to $30.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. Mizuho dropped their price target on Mosaic from $29.00 to $28.00 and set a “neutral” rating on the stock in a report on Monday, March 3rd. Scotiabank raised their price target on Mosaic from $31.00 to $34.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, March 19th. Wells Fargo & Company increased their price target on Mosaic from $26.00 to $28.00 and gave the company an “equal weight” rating in a report on Wednesday, March 19th. Finally, Piper Sandler reissued a “neutral” rating and set a $30.00 price objective on shares of Mosaic in a report on Thursday, March 27th. Seven research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $32.42.

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.