Groupama Asset Managment Has $1.18 Million Holdings in The Mosaic Company (NYSE:MOS)

Groupama Asset Managment grew its position in The Mosaic Company (NYSE:MOS) by 7.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 49,283 shares of the basic materials company’s stock after purchasing an additional 3,315 shares during the quarter. Groupama Asset Managment’s holdings in Mosaic were worth $1,183,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in MOS. Brooklyn Investment Group boosted its stake in Mosaic by 110.8% in the 4th quarter. Brooklyn Investment Group now owns 1,117 shares of the basic materials company’s stock valued at $27,000 after purchasing an additional 587 shares during the period. R Squared Ltd acquired a new stake in shares of Mosaic during the fourth quarter worth $33,000. Tobam bought a new stake in shares of Mosaic in the fourth quarter valued at about $38,000. Heck Capital Advisors LLC acquired a new position in shares of Mosaic in the fourth quarter valued at about $41,000. Finally, Ethos Financial Group LLC bought a new position in Mosaic during the fourth quarter worth about $55,000. Institutional investors own 77.54% of the company’s stock.

Wall Street Analyst Weigh In

MOS has been the topic of a number of analyst reports. Oppenheimer upgraded shares of Mosaic from a “market perform” rating to an “outperform” rating and set a $33.00 target price on the stock in a research report on Thursday, March 20th. Royal Bank of Canada increased their price target on Mosaic from $27.00 to $28.00 and gave the stock a “sector perform” rating in a research report on Tuesday, March 4th. CIBC started coverage on Mosaic in a report on Tuesday, December 10th. They issued a “neutral” rating and a $55.00 price objective for the company. The Goldman Sachs Group initiated coverage on Mosaic in a report on Thursday, March 13th. They set a “buy” rating and a $31.00 target price on the stock. Finally, Barclays raised Mosaic from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $27.00 to $33.00 in a research note on Wednesday, March 19th. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $32.67.

Mosaic Stock Down 1.0 %

MOS stock opened at $26.52 on Thursday. The stock has a market capitalization of $8.41 billion, a P/E ratio of 23.47, a price-to-earnings-growth ratio of 1.42 and a beta of 1.34. The company has a current ratio of 1.19, a quick ratio of 0.49 and a debt-to-equity ratio of 0.27. The firm has a 50-day moving average price of $26.55 and a 200-day moving average price of $26.24. The Mosaic Company has a 12 month low of $22.48 and a 12 month high of $33.44.

Mosaic Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 19th. Shareholders of record on Thursday, June 5th will be given a $0.22 dividend. The ex-dividend date is Thursday, June 5th. This represents a $0.88 dividend on an annualized basis and a yield of 3.32%. Mosaic’s dividend payout ratio is currently 160.00%.

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.