The Mosaic Company (NYSE:MOS) Shares Acquired by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. raised its holdings in The Mosaic Company (NYSE:MOS) by 0.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 100,156 shares of the basic materials company’s stock after acquiring an additional 683 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Mosaic were worth $2,462,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in MOS. Brooklyn Investment Group boosted its position in Mosaic by 110.8% during 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 last quarter. R Squared Ltd purchased a new stake in shares of Mosaic during the 4th quarter valued at about $33,000. Tobam purchased a new stake in shares of Mosaic during the fourth quarter valued at approximately $38,000. Heck Capital Advisors LLC acquired a new position in Mosaic in the 4th quarter worth $41,000. Finally, Ethos Financial Group LLC acquired a new position in shares of Mosaic in the fourth quarter worth about $55,000. Institutional investors and hedge funds own 77.54% of the company’s stock.

Mosaic Price Performance

NYSE MOS opened at $26.52 on Thursday. 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 Mosaic Company has a 1 year low of $22.48 and a 1 year high of $33.44. The company has a market cap of $8.41 billion, a PE ratio of 23.47, a PEG ratio of 1.42 and a beta of 1.34. The stock’s 50-day moving average price is $26.55 and its two-hundred day moving average price is $26.24.

Mosaic Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on MOS shares. Morgan Stanley dropped their price target 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. Oppenheimer raised Mosaic from a “market perform” rating to an “outperform” rating and set a $33.00 price target on the stock in a report on Thursday, March 20th. Piper Sandler boosted their target price on Mosaic from $30.00 to $33.00 and gave the stock a “neutral” rating in a report on Monday, January 27th. The Goldman Sachs Group initiated coverage on Mosaic in a research note on Thursday, March 13th. They set a “buy” rating and a $31.00 price target for the company. Finally, Scotiabank boosted their price objective on Mosaic from $31.00 to $34.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, March 19th. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $32.67.

Mosaic 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.