Signaturefd LLC Sells 725 Shares of The Mosaic Company (NYSE:MOS)

Signaturefd LLC trimmed its position in The Mosaic Company (NYSE:MOS) by 15.6% in the 4th quarter, HoldingsChannel reports. The fund owned 3,927 shares of the basic materials company’s stock after selling 725 shares during the quarter. Signaturefd LLC’s holdings in Mosaic were worth $97,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MOS. Allianz Asset Management GmbH increased its stake in shares of Mosaic by 190.8% in the fourth quarter. Allianz Asset Management GmbH now owns 1,593,914 shares of the basic materials company’s stock worth $39,178,000 after purchasing an additional 1,045,812 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Mosaic by 44.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,218,410 shares of the basic materials company’s stock worth $86,189,000 after buying an additional 986,812 shares during the period. Two Sigma Advisers LP increased its stake in Mosaic by 40.6% in the 3rd quarter. Two Sigma Advisers LP now owns 3,279,200 shares of the basic materials company’s stock worth $87,817,000 after buying an additional 947,500 shares in the last quarter. Geode Capital Management LLC increased its stake in Mosaic by 2.2% in the 3rd quarter. Geode Capital Management LLC now owns 8,351,351 shares of the basic materials company’s stock worth $228,018,000 after buying an additional 178,844 shares in the last quarter. Finally, Quantbot Technologies LP raised its holdings in Mosaic by 171.4% during the third quarter. Quantbot Technologies LP now owns 282,331 shares of the basic materials company’s stock valued at $7,561,000 after acquiring an additional 178,293 shares during the period. Institutional investors own 77.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on MOS. Oppenheimer raised Mosaic from a “market perform” rating to an “outperform” rating and set a $33.00 price objective for the company in a research note on Thursday. Mizuho dropped their price target on Mosaic from $29.00 to $28.00 and set a “neutral” rating for the company in a research note on Monday, March 3rd. Wells Fargo & Company lifted their price objective on shares of Mosaic from $26.00 to $28.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 19th. The Goldman Sachs Group assumed coverage on shares of Mosaic in a research report on Thursday, March 13th. They set a “buy” rating and a $31.00 target price for the company. Finally, JPMorgan Chase & Co. upgraded shares of Mosaic from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $26.00 to $29.00 in a report on Monday, March 3rd. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $32.67.

Mosaic Stock Performance

Mosaic stock opened at $27.83 on Monday. The company’s 50-day moving average price is $26.54 and its 200-day moving average price is $26.15. The company has a quick ratio of 0.49, a current ratio of 1.19 and a debt-to-equity ratio of 0.27. 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. The Mosaic Company has a twelve month low of $22.48 and a twelve month high of $33.44.

Mosaic Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Shareholders of record on Thursday, June 5th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, June 5th. This represents a $0.88 dividend on an annualized basis and a yield of 3.16%. Mosaic’s dividend payout ratio (DPR) is presently 160.00%.

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.