Thrivent Financial for Lutherans Has $3.76 Million Stock Holdings in The Mosaic Company $MOS

Thrivent Financial for Lutherans decreased its holdings in The Mosaic Company (NYSE:MOS) by 17.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 108,456 shares of the basic materials company’s stock after selling 22,198 shares during the period. Thrivent Financial for Lutherans’ holdings in Mosaic were worth $3,761,000 as of its most recent SEC filing.

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

Mosaic Stock Performance

NYSE:MOS opened at $28.70 on Friday. 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 Mosaic Company has a fifty-two week low of $22.36 and a fifty-two week high of $38.23. The company has a 50 day simple moving average of $25.75 and a two-hundred day simple moving average of $29.32. The company has a market capitalization of $9.11 billion, a PE ratio of 7.44, a P/E/G ratio of 1.29 and a beta of 0.97.

Mosaic Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Monday, March 9th will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Monday, March 9th. Mosaic’s dividend payout ratio (DPR) is presently 22.80%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Morgan Stanley upped their price target on shares of Mosaic from $33.00 to $35.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 14th. JPMorgan Chase & Co. lowered their target price on Mosaic from $26.00 to $24.00 and set a “neutral” rating for the company in a report on Friday, December 5th. HSBC cut their price target on Mosaic from $35.00 to $26.00 and set a “hold” rating on the stock in a research note on Monday, November 24th. UBS Group lowered their price objective on Mosaic from $38.00 to $33.00 and set a “buy” rating for the company in a research note on Monday, January 12th. Finally, Mizuho dropped their price objective on shares of Mosaic from $31.00 to $28.00 and set a “neutral” rating for the company in a report on Thursday, December 18th. Seven investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, Mosaic currently has an average rating of “Hold” and an average price target of $31.50.

Mosaic Company 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.