Voya Investment Management LLC Decreases Stock Holdings in The Mosaic Company (NYSE:MOS)

Voya Investment Management LLC lessened its stake in The Mosaic Company (NYSE:MOS) by 31.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 91,465 shares of the basic materials company’s stock after selling 41,982 shares during the period. Voya Investment Management LLC’s holdings in Mosaic were worth $2,248,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Intellectus Partners LLC raised its stake in shares of Mosaic by 3.3% during the 4th quarter. Intellectus Partners LLC now owns 12,350 shares of the basic materials company’s stock worth $304,000 after acquiring an additional 400 shares in the last quarter. Arizona State Retirement System lifted its holdings in shares of Mosaic by 0.5% during the 4th quarter. Arizona State Retirement System now owns 92,550 shares of the basic materials company’s stock valued at $2,275,000 after purchasing an additional 471 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Mosaic by 1.8% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 32,516 shares of the basic materials company’s stock worth $799,000 after purchasing an additional 570 shares in the last quarter. Brooklyn Investment Group grew its stake in Mosaic by 110.8% during the 4th 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 during the last quarter. Finally, United Capital Financial Advisors LLC increased its position in Mosaic by 7.1% during the 4th quarter. United Capital Financial Advisors LLC now owns 8,947 shares of the basic materials company’s stock valued at $220,000 after buying an additional 592 shares in the last quarter. 77.54% of the stock is currently owned by institutional investors.

Mosaic Trading Up 0.1 %

Shares of NYSE:MOS opened at $30.49 on Friday. The company has a market capitalization of $9.66 billion, a PE ratio of 26.98, a PEG ratio of 1.42 and a beta of 1.09. The Mosaic Company has a 12-month low of $22.36 and a 12-month high of $32.29. The business has a 50 day moving average of $26.39 and a two-hundred day moving average of $26.36. The company has a current ratio of 1.19, a quick ratio of 0.49 and a debt-to-equity ratio of 0.27.

Mosaic Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 19th. Investors of record on Thursday, June 5th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, June 5th. This represents a $0.88 annualized dividend and a yield of 2.89%. Mosaic’s dividend payout ratio is presently 160.00%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on MOS shares. Royal Bank of Canada boosted their price target on Mosaic from $28.00 to $30.00 and gave the stock a “sector perform” rating in a research note on Friday, April 4th. Mizuho cut their price target on shares of Mosaic from $29.00 to $28.00 and set a “neutral” rating on the stock in a research note on Monday, March 3rd. UBS Group decreased their price target on shares of Mosaic from $29.00 to $28.00 and set a “neutral” rating for the company in a report on Wednesday, April 16th. Morgan Stanley dropped their price objective on shares of Mosaic from $40.00 to $30.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. raised Mosaic from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $26.00 to $29.00 in a research report on Monday, March 3rd. Seven investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $32.42.

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.