Quantbot Technologies LP Sells 202,707 Shares of The Mosaic Company (NYSE:MOS)

Quantbot Technologies LP decreased its holdings in The Mosaic Company (NYSE:MOS) by 71.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 79,624 shares of the basic materials company’s stock after selling 202,707 shares during the period. Quantbot Technologies LP’s holdings in Mosaic were worth $1,957,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Intellectus Partners LLC boosted its stake in shares of 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 acquiring an additional 400 shares during the period. Arizona State Retirement System boosted its stake in shares of 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 acquiring an additional 471 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of 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 acquiring an additional 570 shares during the period. Brooklyn Investment Group boosted its stake in shares of 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 acquiring an additional 587 shares during the period. Finally, Investors Asset Management of Georgia Inc. GA ADV boosted its stake in shares of 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 acquiring an additional 619 shares during the period. Institutional investors own 77.54% of the company’s stock.

Mosaic Trading Down 1.9 %

Shares of MOS stock opened at $27.83 on Monday. The Mosaic Company has a 1 year low of $22.48 and a 1 year high of $33.44. 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 stock’s 50 day simple moving average is $26.54 and its two-hundred day simple moving average is $26.15. The company has a market cap of $8.82 billion, a PE ratio of 24.63, a price-to-earnings-growth ratio of 1.42 and a beta of 1.34.

Mosaic Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 19th. Stockholders of record on Thursday, June 5th will be issued a $0.22 dividend. The ex-dividend date of this dividend is Thursday, June 5th. This represents a $0.88 annualized dividend and a dividend yield of 3.16%. Mosaic’s payout ratio is 160.00%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on MOS shares. Barclays upgraded Mosaic from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $27.00 to $33.00 in a research report on Wednesday, March 19th. The Goldman Sachs Group started coverage on Mosaic in a research report on Thursday, March 13th. They issued a “buy” rating and a $31.00 target price on the stock. Piper Sandler boosted their target price on Mosaic from $30.00 to $33.00 and gave the stock a “neutral” rating in a research report on Monday, January 27th. JPMorgan Chase & Co. upgraded Mosaic from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $26.00 to $29.00 in a research report on Monday, March 3rd. Finally, Morgan Stanley decreased their target price 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. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Mosaic currently has an average rating of “Hold” and a consensus price target of $32.67.

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.