Mosaic Co (MOS) Receives $35.92 Average PT from Analysts

Shares of Mosaic Co (NYSE:MOS) have received an average rating of “Hold” from the nineteen analysts that are currently covering the company, Marketbeat Ratings reports. Eleven analysts have rated the stock with a hold recommendation and seven 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 $35.92.

A number of research analysts have recently commented on MOS shares. Zacks Investment Research cut Mosaic from a “buy” rating to a “hold” rating in a report on Tuesday, January 29th. Credit Suisse Group reiterated a “hold” rating and set a $30.00 target price on shares of Mosaic in a report on Monday, February 4th. ValuEngine upgraded Mosaic from a “hold” rating to a “buy” rating in a report on Wednesday, January 2nd. Finally, TheStreet upgraded Mosaic from a “c+” rating to a “b-” rating in a report on Monday, November 19th.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Private Capital Group LLC raised its position in shares of Mosaic by 50.8% during the 4th quarter. Private Capital Group LLC now owns 1,203 shares of the basic materials company’s stock valued at $35,000 after purchasing an additional 405 shares during the period. Securian Asset Management Inc grew its stake in shares of Mosaic by 1.7% in the 4th quarter. Securian Asset Management Inc now owns 36,260 shares of the basic materials company’s stock worth $1,059,000 after buying an additional 612 shares in the last quarter. Contravisory Investment Management Inc. grew its stake in shares of Mosaic by 4.7% in the 4th quarter. Contravisory Investment Management Inc. now owns 14,012 shares of the basic materials company’s stock worth $409,000 after buying an additional 626 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in shares of Mosaic by 8.9% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 7,931 shares of the basic materials company’s stock worth $232,000 after buying an additional 649 shares in the last quarter. Finally, BB&T Securities LLC grew its stake in shares of Mosaic by 9.9% in the 4th quarter. BB&T Securities LLC now owns 7,716 shares of the basic materials company’s stock worth $225,000 after buying an additional 696 shares in the last quarter. Hedge funds and other institutional investors own 75.26% of the company’s stock.

Shares of NYSE MOS traded down $0.21 on Tuesday, reaching $31.19. 4,450,421 shares of the company traded hands, compared to its average volume of 2,990,710. Mosaic has a fifty-two week low of $22.90 and a fifty-two week high of $37.37. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.67 and a quick ratio of 0.89. The company has a market cap of $12.02 billion, a P/E ratio of 28.61, a P/E/G ratio of 1.87 and a beta of 1.53.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 21st. Shareholders of record on Thursday, March 7th will be issued a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.32%. The ex-dividend date is Wednesday, March 6th. Mosaic’s dividend payout ratio is presently 9.17%.

About Mosaic

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients worldwide. The company operates through three segments: Phosphates, Potash, and International Distribution. 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.

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Analyst Recommendations for Mosaic (NYSE:MOS)

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