ING Groep NV Has $27.86 Million Stake in The Mosaic Company $MOS

ING Groep NV grew its position in The Mosaic Company (NYSE:MOS) by 39.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 803,286 shares of the basic materials company’s stock after acquiring an additional 227,590 shares during the period. ING Groep NV’s holdings in Mosaic were worth $27,858,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of MOS. First Horizon Advisors Inc. increased its holdings in Mosaic by 172.5% during the 2nd quarter. First Horizon Advisors Inc. now owns 684 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 433 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Mosaic by 169.3% during the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 601 shares during the last quarter. Rothschild Investment LLC increased its stake in shares of Mosaic by 650.0% in the second quarter. Rothschild Investment LLC now owns 750 shares of the basic materials company’s stock valued at $27,000 after buying an additional 650 shares in the last quarter. Rexford Capital Inc. bought a new position in shares of Mosaic in the second quarter valued at about $28,000. Finally, True Wealth Design LLC lifted its position in Mosaic by 1,819.0% during the 3rd quarter. True Wealth Design LLC now owns 806 shares of the basic materials company’s stock worth $28,000 after buying an additional 764 shares in the last quarter. 77.54% of the stock is currently owned by institutional investors.

Mosaic Price Performance

Shares of MOS stock opened at $30.15 on Wednesday. The Mosaic Company has a 52-week low of $22.36 and a 52-week high of $38.23. The stock has a market cap of $9.57 billion, a PE ratio of 7.81, a PEG ratio of 1.33 and a beta of 0.97. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.40 and a current ratio of 1.14. The firm’s 50 day moving average price is $25.95 and its two-hundred day moving average price is $29.16.

Mosaic Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Monday, March 9th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Monday, March 9th. Mosaic’s dividend payout ratio (DPR) is currently 22.80%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Mizuho lowered their price objective on shares of Mosaic from $31.00 to $28.00 and set a “neutral” rating for the company in a research report on Thursday, December 18th. Morgan Stanley raised their price target on shares of Mosaic from $33.00 to $35.00 and gave the company an “equal weight” rating in a report on Wednesday, January 14th. Weiss Ratings restated a “hold (c-)” rating on shares of Mosaic in a research report on Monday, December 29th. Bank of America decreased their price objective on Mosaic from $39.00 to $33.00 and set a “buy” rating on the stock in a research report on Thursday, January 8th. Finally, UBS Group lowered their target price on Mosaic from $38.00 to $33.00 and set a “buy” rating for the company in a research note on Monday, January 12th. Seven analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $31.50.

Mosaic Profile

Mosaic Co is one of the world’s leading producers and marketers of concentrated phosphate and potash crop nutrients. The company’s primary business activities center on the extraction, processing and distribution of phosphate rock, phosphate-based fertilizers and potash products. These core nutrients are essential components in modern agriculture, supporting crop yields and soil health across a range of farming applications.

In its phosphate segment, Mosaic operates mining and production facilities that convert phosphate rock into concentrated phosphates, finished phosphate fertilizers and feed phosphates for animal nutrition.