BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its holdings in shares of Mosaic Co (NYSE:MOS) by 9.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 124,108 shares of the basic materials company’s stock after purchasing an additional 11,031 shares during the quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in Mosaic were worth $3,625,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MOS. Private Capital Group LLC raised its position in shares of Mosaic by 50.8% during the fourth quarter. Private Capital Group LLC now owns 1,203 shares of the basic materials company’s stock worth $35,000 after purchasing an additional 405 shares during the period. Exane Asset Management bought a new position in shares of Mosaic during the fourth quarter worth about $72,000. Oregon Public Employees Retirement Fund grew its holdings in shares of Mosaic by 3,480.9% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 4,688,263 shares of the basic materials company’s stock worth $161,000 after buying an additional 4,557,338 shares in the last quarter. MERIAN GLOBAL INVESTORS UK Ltd bought a new position in shares of Mosaic during the fourth quarter worth about $166,000. Finally, Glenmede Trust Co. NA grew its holdings in shares of Mosaic by 49.4% during the third quarter. Glenmede Trust Co. NA now owns 5,613 shares of the basic materials company’s stock worth $181,000 after buying an additional 1,856 shares in the last quarter. 77.34% of the stock is currently owned by institutional investors.

MOS stock opened at $28.38 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.71 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $11.05 billion, a price-to-earnings ratio of 13.39, a P/E/G ratio of 1.74 and a beta of 1.48. Mosaic Co has a twelve month low of $22.90 and a twelve month high of $37.37.

Mosaic (NYSE:MOS) last posted its quarterly earnings results on Monday, February 25th. The basic materials company reported $0.77 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.57 by $0.20. The firm had revenue of $2.52 billion during the quarter, compared to the consensus estimate of $2.36 billion. Mosaic had a return on equity of 7.71% and a net margin of 4.90%. The business’s revenue was up 20.5% compared to the same quarter last year. During the same period last year, the company earned ($1.23) earnings per share. On average, research analysts predict that Mosaic Co will post 2.35 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 21st. Shareholders of record on Thursday, March 7th will be paid a $0.025 dividend. The ex-dividend date of this dividend is Wednesday, March 6th. This represents a $0.10 dividend on an annualized basis and a yield of 0.35%. Mosaic’s dividend payout ratio is 4.72%.

A number of research analysts recently issued reports on the company. Zacks Investment Research downgraded Mosaic from a “buy” rating to a “hold” rating in a report on Tuesday, January 29th. Barclays increased their price objective on Mosaic from $35.00 to $37.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 27th. ValuEngine upgraded Mosaic from a “hold” rating to a “buy” rating in a report on Wednesday, January 2nd. TheStreet upgraded Mosaic from a “c+” rating to a “b-” rating in a report on Monday, November 19th. Finally, Credit Suisse Group reiterated a “hold” rating and set a $30.00 price objective on shares of Mosaic in a report on Monday, February 4th. Nine research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $37.14.

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Mosaic Profile

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.

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Institutional Ownership by Quarter for Mosaic (NYSE:MOS)

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