Louisiana State Employees Retirement System decreased its holdings in shares of Monsanto (NYSE:MON) by 2.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,600 shares of the basic materials company’s stock after selling 800 shares during the period. Louisiana State Employees Retirement System’s holdings in Monsanto were worth $3,106,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Factory Mutual Insurance Co. raised its holdings in Monsanto by 6.4% during the fourth quarter. Factory Mutual Insurance Co. now owns 665,900 shares of the basic materials company’s stock worth $77,765,000 after buying an additional 40,000 shares during the last quarter. DnB Asset Management AS raised its holdings in Monsanto by 2.9% during the fourth quarter. DnB Asset Management AS now owns 93,057 shares of the basic materials company’s stock worth $10,867,000 after buying an additional 2,600 shares during the last quarter. QUANTRES ASSET MANAGEMENT Ltd raised its holdings in Monsanto by 74.2% during the fourth quarter. QUANTRES ASSET MANAGEMENT Ltd now owns 5,400 shares of the basic materials company’s stock worth $631,000 after buying an additional 2,300 shares during the last quarter. Prudential Financial Inc. raised its holdings in Monsanto by 0.3% during the third quarter. Prudential Financial Inc. now owns 637,125 shares of the basic materials company’s stock worth $76,340,000 after buying an additional 1,780 shares during the last quarter. Finally, Atlantic Trust Group LLC raised its holdings in Monsanto by 2,080.5% during the third quarter. Atlantic Trust Group LLC now owns 404,834 shares of the basic materials company’s stock worth $48,506,000 after buying an additional 386,268 shares during the last quarter. Hedge funds and other institutional investors own 75.37% of the company’s stock.

Several research analysts have weighed in on MON shares. Macquarie downgraded shares of Monsanto from an “outperform” rating to a “neutral” rating in a report on Wednesday, October 4th. BMO Capital Markets restated a “buy” rating and set a $128.00 price objective on shares of Monsanto in a report on Thursday, October 5th. Barclays restated an “equal weight” rating and set a $124.00 price objective (up previously from $120.00) on shares of Monsanto in a report on Thursday, October 5th. Wells Fargo & Co upped their price objective on shares of Monsanto from $107.50 to $118.00 and gave the stock a “market perform” rating in a report on Tuesday, October 10th. Finally, Royal Bank of Canada restated a “hold” rating and set a $128.00 price objective on shares of Monsanto in a report on Wednesday, November 15th. Eleven analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $126.40.

Shares of Monsanto (NYSE MON) opened at $119.72 on Wednesday. Monsanto has a one year low of $106.97 and a one year high of $122.79. The company has a quick ratio of 0.79, a current ratio of 1.28 and a debt-to-equity ratio of 1.05. The stock has a market cap of $52,770.73, a price-to-earnings ratio of 22.09, a PEG ratio of 1.71 and a beta of 1.04.

Monsanto (NYSE:MON) last posted its earnings results on Thursday, January 4th. The basic materials company reported $0.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ 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 firm had revenue of $2.66 billion during the quarter, compared to the consensus estimate of $2.77 billion. During the same quarter in the previous year, the company earned $0.21 EPS. The business’s revenue was up .3% compared to the same quarter last year. research analysts expect that Monsanto will post 5.76 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 26th. Stockholders of record on Friday, January 5th will be paid a $0.54 dividend. The ex-dividend date is Thursday, January 4th. This represents a $2.16 annualized dividend and a dividend yield of 1.80%. Monsanto’s payout ratio is 39.85%.

In related news, CFO Pierre Courduroux sold 4,320 shares of the stock in a transaction dated 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 owns 48,388 shares in the company, valued at $5,903,336. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Steven Mizell sold 8,100 shares of the stock in a transaction dated Tuesday, January 9th. The shares were sold at an average price of $119.35, for a total transaction of $966,735.00. Following the transaction, the executive vice president now owns 56,743 shares of the company’s stock, valued at approximately $6,772,277.05. The disclosure for this sale can be found here. Corporate insiders own 0.70% of the company’s stock.

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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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