CreativeOne Wealth LLC Purchases Shares of 8,401 The Mosaic Company (NYSE:MOS)

CreativeOne Wealth LLC acquired a new stake in shares of The Mosaic Company (NYSE:MOS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 8,401 shares of the basic materials company’s stock, valued at approximately $206,000.

Other large investors have also recently modified their holdings of the company. Mariner LLC increased its stake in Mosaic by 12.9% in the 4th quarter. Mariner LLC now owns 52,757 shares of the basic materials company’s stock worth $1,297,000 after purchasing an additional 6,027 shares during the period. Sterling Capital Management LLC increased its stake in shares of Mosaic by 56.7% in the fourth quarter. Sterling Capital Management LLC now owns 19,115 shares of the basic materials company’s stock worth $470,000 after buying an additional 6,919 shares during the period. Inlight Wealth Management LLC bought a new stake in Mosaic during the 4th quarter valued at $579,000. Treasurer of the State of North Carolina boosted its position in Mosaic by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 140,676 shares of the basic materials company’s stock valued at $3,458,000 after buying an additional 880 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in Mosaic in the 4th quarter worth $3,599,000. Hedge funds and other institutional investors own 77.54% of the company’s stock.

Mosaic Price Performance

MOS opened at $27.24 on Tuesday. The firm has a market cap of $8.63 billion, a PE ratio of 24.11, a P/E/G ratio of 1.42 and a beta of 1.04. The stock has a 50-day moving average price of $25.83 and a 200-day moving average price of $26.14. The Mosaic Company has a 1 year low of $22.36 and a 1 year high of $32.29. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.49.

Mosaic Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 19th. Shareholders 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 yield of 3.23%. Mosaic’s dividend payout ratio (DPR) is presently 160.00%.

Analyst Upgrades and Downgrades

A number of research firms have commented on MOS. Royal Bank of Canada upped their price target on Mosaic from $28.00 to $30.00 and gave the company a “sector perform” rating in a research report on Friday, April 4th. BNP Paribas raised shares of Mosaic to a “strong-buy” rating in a research report on Wednesday, April 9th. Oppenheimer raised shares of Mosaic from a “market perform” rating to an “outperform” rating and set a $33.00 target price for the company in a research report on Thursday, March 20th. Wells Fargo & Company boosted their price target 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. Finally, Morgan Stanley reduced their target price on Mosaic from $40.00 to $30.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. Seven analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average 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.