Addenda Capital Inc. cut its holdings in Monsanto (NYSE:MON) by 5.2% during the fourth quarter, Holdings Channel reports. The firm owned 55,521 shares of the basic materials company’s stock after selling 3,035 shares during the quarter. Addenda Capital Inc.’s holdings in Monsanto were worth $6,338,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of MON. BlackRock Inc. raised its holdings in shares of Monsanto by 6.5% in the second quarter. BlackRock Inc. now owns 27,898,255 shares of the basic materials company’s stock valued at $3,302,038,000 after purchasing an additional 1,705,439 shares during the last quarter. Janus Henderson Group PLC raised its holdings in shares of Monsanto by 2,540.4% in the second quarter. Janus Henderson Group PLC now owns 1,491,324 shares of the basic materials company’s stock valued at $176,515,000 after purchasing an additional 1,434,844 shares during the last quarter. Harding Loevner LP raised its holdings in shares of Monsanto by 140.0% in the third quarter. Harding Loevner LP now owns 2,294,152 shares of the basic materials company’s stock valued at $111,903,000 after purchasing an additional 1,338,271 shares during the last quarter. Capital International Investors grew its stake in shares of Monsanto by 10.3% in the third quarter. Capital International Investors now owns 9,344,430 shares of the basic materials company’s stock valued at $1,119,650,000 after buying an additional 872,377 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Monsanto by 2.6% in the second quarter. Vanguard Group Inc. now owns 30,725,725 shares of the basic materials company’s stock valued at $3,636,697,000 after buying an additional 784,418 shares in the last quarter. Institutional investors own 75.34% of the company’s stock.

In other Monsanto news, CFO Pierre Courduroux sold 4,320 shares of Monsanto stock in a transaction on Thursday, October 19th. The shares were sold at an average price of $122.00, for a total transaction of $527,040.00. Following the completion of the transaction, the chief financial officer now directly owns 48,388 shares of the company’s stock, valued at $5,903,336. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Nicole M. Ringenberg sold 7,890 shares of Monsanto stock in a transaction on Monday, October 16th. The stock was sold at an average price of $122.25, for a total value of $964,552.50. Following the sale, the vice president now directly owns 38,600 shares of the company’s stock, valued at approximately $4,718,850. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 20,310 shares of company stock valued at $2,458,328. Company insiders own 0.70% of the company’s stock.

Monsanto (NYSE MON) traded up $0.71 during mid-day trading on Friday, reaching $119.54. 2,864,100 shares of the company’s stock were exchanged, compared to its average volume of 3,843,675. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.79 and a current ratio of 1.28. Monsanto has a 1 year low of $106.74 and a 1 year high of $122.79. The company has a market capitalization of $52,620.00, a PE ratio of 22.10, a price-to-earnings-growth ratio of 1.69 and a beta of 1.04.

Monsanto (NYSE:MON) last released its quarterly earnings data on Thursday, January 4th. The basic materials company reported $0.41 EPS for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.01). Monsanto had a return on equity of 40.13% and a net margin of 16.38%. The company had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.77 billion. During the same period last year, the firm earned $0.21 earnings per share. The company’s revenue for the quarter was up .3% compared to the same quarter last year. research analysts expect that Monsanto will post 5.79 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Shareholders of record on Friday, January 5th will be given a dividend of $0.54 per share. The ex-dividend date is Thursday, January 4th. This represents a $2.16 dividend on an annualized basis and a yield of 1.81%. Monsanto’s dividend payout ratio (DPR) is 39.93%.

Several research firms recently weighed in on MON. Zacks Investment Research cut shares of Monsanto from a “buy” rating to a “hold” rating in a research note on Monday, December 11th. Royal Bank of Canada reissued a “hold” rating and issued a $128.00 target price on shares of Monsanto in a research note on Wednesday, November 15th. Wells Fargo & Co raised their target price on shares of Monsanto from $107.50 to $118.00 and gave the company a “market perform” rating in a research note on Tuesday, October 10th. Barclays reissued an “equal weight” rating and issued a $124.00 target price (up from $120.00) on shares of Monsanto in a research note on Thursday, October 5th. Finally, BMO Capital Markets reissued a “buy” rating and issued a $128.00 target price on shares of Monsanto in a research note on Thursday, October 5th. Eleven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Monsanto has an average rating of “Hold” and an average price target of $126.40.

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About Monsanto

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.

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Institutional Ownership by Quarter for Monsanto (NYSE:MON)

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