Banco Bilbao Vizcaya Argentaria S.A. Buys 35,820 Shares of The Mosaic Company (NYSE:MOS)

Banco Bilbao Vizcaya Argentaria S.A. boosted its position in shares of The Mosaic Company (NYSE:MOS) by 52.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 103,495 shares of the basic materials company’s stock after acquiring an additional 35,820 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Mosaic were worth $2,536,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brooklyn Investment Group grew its holdings in shares of 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 buying an additional 587 shares in the last quarter. R Squared Ltd acquired a new position in Mosaic during the 4th quarter worth approximately $33,000. Tobam bought a new position in shares of Mosaic during the 4th quarter worth approximately $38,000. Heck Capital Advisors LLC bought a new position in shares of Mosaic during the 4th quarter worth approximately $41,000. Finally, Ethos Financial Group LLC acquired a new stake in shares of Mosaic in the fourth quarter valued at approximately $55,000. Institutional investors and hedge funds own 77.54% of the company’s stock.

Wall Street Analyst Weigh In

MOS has been the subject of a number of analyst reports. Barclays raised shares of Mosaic from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $27.00 to $33.00 in a research report on Wednesday, March 19th. UBS Group lowered their target price on Mosaic from $29.00 to $28.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 16th. Mizuho dropped their target price on Mosaic from $29.00 to $28.00 and set a “neutral” rating on the stock in a report on Monday, March 3rd. Oppenheimer upgraded Mosaic from a “market perform” rating to an “outperform” rating and set a $33.00 price target for the company in a research note on Thursday, March 20th. Finally, JPMorgan Chase & Co. upgraded Mosaic from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $26.00 to $29.00 in a research note on Monday, March 3rd. Seven analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Mosaic currently has an average rating of “Moderate Buy” and an average target price of $32.42.

Mosaic Trading Up 0.7 %

Shares of Mosaic stock opened at $29.12 on Friday. The Mosaic Company has a 1 year low of $22.36 and a 1 year high of $32.29. The company has a market capitalization of $9.23 billion, a price-to-earnings ratio of 25.77, a P/E/G ratio of 1.42 and a beta of 1.04. The business has a fifty day simple moving average of $25.97 and a two-hundred day simple moving average of $26.21. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.49.

Mosaic Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 19th. Investors of record on Thursday, June 5th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 3.02%. The ex-dividend date is Thursday, June 5th. Mosaic’s payout ratio is 160.00%.

Mosaic Company 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.