Monsanto Company (MON) Position Reduced by Capital International Inc. CA

Capital International Inc. CA trimmed its position in shares of Monsanto Company (NYSE:MON) by 14.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 33,900 shares of the basic materials company’s stock after selling 5,900 shares during the quarter. Capital International Inc. CA’s holdings in Monsanto were worth $4,062,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Pinnacle Financial Partners Inc. purchased a new stake in shares of Monsanto during the 2nd quarter valued at about $114,000. Bruderman Asset Management LLC purchased a new stake in shares of Monsanto during the 2nd quarter valued at about $116,000. Tower Research Capital LLC TRC boosted its holdings in shares of Monsanto by 230.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,076 shares of the basic materials company’s stock valued at $128,000 after acquiring an additional 750 shares during the last quarter. Armbruster Capital Management Inc. boosted its holdings in shares of Monsanto by 12.2% during the 2nd quarter. Armbruster Capital Management Inc. now owns 1,147 shares of the basic materials company’s stock valued at $136,000 after acquiring an additional 125 shares during the last quarter. Finally, Enterprise Financial Services Corp boosted its holdings in shares of Monsanto by 1.2% during the 2nd quarter. Enterprise Financial Services Corp now owns 1,384 shares of the basic materials company’s stock valued at $164,000 after acquiring an additional 16 shares during the last quarter. 75.70% of the stock is currently owned by institutional investors.

In related news, VP Duraiswami Narain sold 2,860 shares of the firm’s stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $120.00, for a total value of $343,200.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Steven Mizell sold 11,526 shares of the firm’s stock in a transaction that occurred on Monday, October 9th. The stock was sold at an average price of $119.70, for a total transaction of $1,379,662.20. The disclosure for this sale can be found here. In the last three months, insiders sold 49,236 shares of company stock worth $5,931,934. 0.79% of the stock is currently owned by insiders.

A number of brokerages have recently issued reports on MON. Royal Bank Of Canada reaffirmed a “hold” rating and set a $128.00 price target on shares of Monsanto in a report on Wednesday, November 15th. Wells Fargo & Company raised their price target on shares of Monsanto from $107.50 to $118.00 and gave the company a “market perform” rating in a report on Tuesday, October 10th. Barclays reaffirmed an “equal weight” rating and set a $124.00 price target (up previously from $120.00) on shares of Monsanto in a report on Thursday, October 5th. BMO Capital Markets reaffirmed a “buy” rating and set a $128.00 price target on shares of Monsanto in a report on Thursday, October 5th. Finally, Macquarie downgraded shares of Monsanto from an “outperform” rating to a “neutral” rating in a report on Wednesday, October 4th. Eleven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Monsanto has a consensus rating of “Hold” and a consensus target price of $124.61.

Monsanto Company (MON) traded down $0.08 on Friday, hitting $118.00. 1,360,200 shares of the company were exchanged, compared to its average volume of 1,957,206. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.83 and a current ratio of 1.35. The stock has a market capitalization of $51,940.00, a P/E ratio of 21.35, a price-to-earnings-growth ratio of 1.70 and a beta of 1.04. Monsanto Company has a one year low of $104.08 and a one year high of $122.79.

Monsanto (NYSE:MON) last posted its quarterly earnings data on Wednesday, October 4th. The basic materials company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.41) by $0.61. The company had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.51 billion. Monsanto had a net margin of 15.44% and a return on equity of 42.40%. The firm’s revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.07 earnings per share. research analysts predict that Monsanto Company will post 5.74 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Investors of record on Friday, January 5th will be issued a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date is Thursday, January 4th. Monsanto’s payout ratio is 42.52%.

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Monsanto Company Profile

Monsanto Company (Monsanto), along with its subsidiaries, is a provider of agricultural products for farmers. The Company provides seeds, biotechnology trait products, herbicides and digital agriculture tools to farmers. The Company operates through two segments: Seeds and Genomics, and Agricultural Productivity.

Institutional Ownership by Quarter for Monsanto (NYSE:MON)

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