Bank of Montreal Can increased its holdings in Mosaic Co (NYSE:MOS) by 15.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 135,165 shares of the basic materials company’s stock after buying an additional 18,192 shares during the period. Bank of Montreal Can’s holdings in Mosaic were worth $3,468,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. YorkBridge Wealth Partners LLC boosted its holdings in Mosaic by 13,636.4% in the 3rd quarter. YorkBridge Wealth Partners LLC now owns 6,044 shares of the basic materials company’s stock worth $130,000 after buying an additional 6,000 shares during the period. DORCHESTER WEALTH MANAGEMENT Co bought a new position in Mosaic in the 3rd quarter worth approximately $243,000. Csenge Advisory Group bought a new position in Mosaic in the 3rd quarter worth approximately $302,000. Yorktown Management & Research Co Inc bought a new position in Mosaic in the 3rd quarter worth approximately $302,000. Finally, Honkamp Krueger Financial Services Inc. bought a new position in Mosaic in the 3rd quarter worth approximately $303,000. 76.81% of the stock is owned by institutional investors.

Shares of Mosaic Co (NYSE:MOS) opened at $25.25 on Thursday. The company has a current ratio of 1.78, a quick ratio of 0.90 and a debt-to-equity ratio of 0.37. The firm has a market cap of $8,699.00, a price-to-earnings ratio of 26.30, a PEG ratio of 1.98 and a beta of 1.29. Mosaic Co has a 52-week low of $19.23 and a 52-week high of $34.36.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Thursday, March 1st will be given a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 0.40%. The ex-dividend date of this dividend is Wednesday, February 28th. Mosaic’s dividend payout ratio (DPR) is currently 10.42%.

Several brokerages have commented on MOS. Stephens began coverage on shares of Mosaic in a report on Friday, February 2nd. They issued an “overweight” rating for the company. Zacks Investment Research raised shares of Mosaic from a “hold” rating to a “strong-buy” rating and set a $30.00 price target for the company in a report on Monday, January 22nd. Cowen reissued a “hold” rating and issued a $25.00 price target on shares of Mosaic in a report on Friday, January 12th. Royal Bank of Canada raised their price target on shares of Mosaic from $24.00 to $28.00 and gave the company a “sector perform” rating in a report on Friday, January 12th. Finally, JPMorgan Chase & Co. began coverage on shares of Mosaic in a report on Friday, January 12th. They issued a “neutral” rating and a $26.00 price target for the company. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. Mosaic presently has an average rating of “Hold” and an average target price of $24.98.

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About Mosaic

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.

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Institutional Ownership by Quarter for Mosaic (NYSE:MOS)

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