Blackhawk Capital Partners LLC. Acquires 4,383 Shares of The Mosaic Company (NYSE:MOS)

Blackhawk Capital Partners LLC. boosted its stake in The Mosaic Company (NYSE:MOS) by 43.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 14,537 shares of the basic materials company’s stock after purchasing an additional 4,383 shares during the quarter. Blackhawk Capital Partners LLC.’s holdings in Mosaic were worth $357,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Geode Capital Management LLC boosted its stake in shares of Mosaic by 2.2% during the 3rd quarter. Geode Capital Management LLC now owns 8,351,351 shares of the basic materials company’s stock valued at $228,018,000 after purchasing an additional 178,844 shares in the last quarter. Two Sigma Advisers LP raised its stake in Mosaic by 40.6% in the third quarter. Two Sigma Advisers LP now owns 3,279,200 shares of the basic materials company’s stock worth $87,817,000 after buying an additional 947,500 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Mosaic by 44.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,218,410 shares of the basic materials company’s stock worth $86,189,000 after buying an additional 986,812 shares during the period. Thompson Siegel & Walmsley LLC boosted its position in Mosaic by 13.9% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 2,939,404 shares of the basic materials company’s stock valued at $78,717,000 after acquiring an additional 359,760 shares in the last quarter. Finally, Donald Smith & CO. Inc. grew its holdings in shares of Mosaic by 32.1% during the 3rd quarter. Donald Smith & CO. Inc. now owns 2,751,580 shares of the basic materials company’s stock worth $73,687,000 after acquiring an additional 668,347 shares during the period. 77.54% of the stock is owned by hedge funds and other institutional investors.

Mosaic Stock Down 1.7 %

NYSE:MOS opened at $25.33 on Tuesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.49 and a current ratio of 1.19. The firm has a market cap of $8.04 billion, a P/E ratio of 22.41, a P/E/G ratio of 1.42 and a beta of 1.34. The Mosaic Company has a fifty-two week low of $23.56 and a fifty-two week high of $33.44. The firm has a 50-day simple moving average of $26.19 and a two-hundred day simple moving average of $26.49.

Mosaic Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be issued a $0.22 dividend. This is a positive change from Mosaic’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a yield of 3.47%. The ex-dividend date of this dividend is Thursday, March 6th. Mosaic’s payout ratio is presently 77.88%.

Analysts Set New Price Targets

A number of research firms have recently commented on MOS. Morgan Stanley lowered their target price on Mosaic from $40.00 to $30.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Oppenheimer started coverage on Mosaic in a research report on Thursday, December 12th. They set a “market perform” rating for the company. Piper Sandler upped their target price on shares of Mosaic from $30.00 to $33.00 and gave the stock a “neutral” rating in a research report on Monday, January 27th. CIBC began coverage on shares of Mosaic in a research note on Tuesday, December 10th. They issued a “neutral” rating and a $55.00 price target for the company. Finally, Barclays lowered shares of Mosaic from an “overweight” rating to an “underweight” rating and dropped their price objective for the stock from $30.00 to $27.00 in a research note on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $33.80.

Mosaic 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.