Mosaic Co (NYSE:MOS) has earned an average recommendation of “Buy” from the nineteen analysts that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and eleven have given a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $34.00.
MOS has been the topic of several analyst reports. Citigroup upped their price target on shares of Mosaic from $30.00 to $31.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 11th. BMO Capital Markets reaffirmed a “hold” rating and set a $30.00 price target (up from $28.00) on shares of Mosaic in a research report on Tuesday, August 7th. Zacks Investment Research raised shares of Mosaic from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a research report on Tuesday, October 23rd. Credit Suisse Group upped their price target on shares of Mosaic from $25.00 to $26.00 and gave the stock an “underperform” rating in a research report on Wednesday, August 8th. Finally, Cowen upped their price target on shares of Mosaic from $36.00 to $38.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 14th.
Shares of MOS opened at $30.44 on Friday. Mosaic has a 12 month low of $21.94 and a 12 month high of $34.01. The firm has a market cap of $11.49 billion, a P/E ratio of 27.93, a price-to-earnings-growth ratio of 2.44 and a beta of 1.54. The company has a quick ratio of 0.77, a current ratio of 1.61 and a debt-to-equity ratio of 0.45.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 20th. Stockholders of record on Thursday, December 6th will be given a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.33%. The ex-dividend date is Wednesday, December 5th. Mosaic’s payout ratio is presently 9.17%.
In related news, Director Luciano Siani Pires acquired 2,000 shares of the company’s stock in a transaction dated Thursday, August 16th. The shares were bought at an average cost of $29.68 per share, with a total value of $59,360.00. Following the completion of the transaction, the director now directly owns 2,000 shares of the company’s stock, valued at $59,360. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. 0.45% of the stock is owned by corporate insiders.
Institutional investors and hedge funds have recently modified their holdings of the company. Piedmont Investment Advisors LLC bought a new position in shares of Mosaic in the second quarter valued at about $115,000. Rehmann Capital Advisory Group raised its position in shares of Mosaic by 12,038.5% in the second quarter. Rehmann Capital Advisory Group now owns 4,734 shares of the basic materials company’s stock valued at $133,000 after purchasing an additional 4,695 shares during the period. Acadian Asset Management LLC bought a new position in shares of Mosaic in the second quarter valued at about $144,000. Whittier Trust Co. raised its position in shares of Mosaic by 123.2% in the second quarter. Whittier Trust Co. now owns 3,370 shares of the basic materials company’s stock valued at $167,000 after purchasing an additional 1,860 shares during the period. Finally, First Hawaiian Bank bought a new position in shares of Mosaic in the third quarter valued at about $175,000. 74.85% of the stock is currently owned by institutional investors.
The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients worldwide. The company operates through three segments: Phosphates, Potash, and International Distribution. 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.
Featured Story: Rule of 72
Receive News & Ratings for Mosaic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mosaic and related companies with MarketBeat.com's FREE daily email newsletter.