Odey Asset Management Group Ltd reduced its holdings in Monsanto Company (NYSE:MON) by 10.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 340,083 shares of the basic materials company’s stock after selling 41,131 shares during the quarter. Monsanto makes up 4.4% of Odey Asset Management Group Ltd’s portfolio, making the stock its 6th biggest holding. Odey Asset Management Group Ltd owned approximately 0.08% of Monsanto worth $40,252,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in MON. Puplava Financial Services Inc. boosted its stake in Monsanto by 0.4% in the 2nd quarter. Puplava Financial Services Inc. now owns 2,119 shares of the basic materials company’s stock worth $251,000 after buying an additional 9 shares during the last quarter. Savant Capital LLC grew its holdings in Monsanto by 0.4% in the 1st quarter. Savant Capital LLC now owns 3,082 shares of the basic materials company’s stock valued at $349,000 after buying an additional 11 shares during the period. Guardian Life Insurance Co. of America grew its holdings in Monsanto by 0.7% in the 1st quarter. Guardian Life Insurance Co. of America now owns 1,689 shares of the basic materials company’s stock valued at $191,000 after buying an additional 11 shares during the period. Enterprise Financial Services Corp grew its holdings in Monsanto by 1.2% in the 2nd quarter. Enterprise Financial Services Corp now owns 1,384 shares of the basic materials company’s stock valued at $164,000 after buying an additional 16 shares during the period. Finally, Forward Management LLC grew its holdings in Monsanto by 0.5% in the 2nd quarter. Forward Management LLC now owns 3,201 shares of the basic materials company’s stock valued at $379,000 after buying an additional 16 shares during the period. Hedge funds and other institutional investors own 74.81% of the company’s stock.

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In other news, EVP Robert T. Fraley sold 52,410 shares of the stock in a transaction dated Monday, July 10th. The stock was sold at an average price of $117.95, for a total transaction of $6,181,759.50. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, COO Brett D. Begemann sold 22,640 shares of the stock in a transaction dated Monday, September 25th. The shares were sold at an average price of $120.03, for a total value of $2,717,479.20. Following the transaction, the chief operating officer now directly owns 85,439 shares in the company, valued at approximately $10,255,243.17. The disclosure for this sale can be found here. Insiders sold 77,910 shares of company stock valued at $9,242,439 in the last ninety days. Insiders own 0.79% of the company’s stock.

Monsanto Company (NYSE:MON) traded down 0.303% during trading on Tuesday, reaching $119.965. The company had a trading volume of 616,288 shares. The company has a market capitalization of $52.70 billion, a P/E ratio of 25.910 and a beta of 1.07. The stock has a 50 day moving average of $117.97 and a 200-day moving average of $116.90. Monsanto Company has a 12 month low of $97.35 and a 12 month high of $120.38.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 27th. Shareholders of record on Friday, October 6th will be given a $0.54 dividend. The ex-dividend date of this dividend is Thursday, October 5th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 1.80%. Monsanto’s dividend payout ratio is currently 46.75%.

A number of research analysts have recently commented on MON shares. Zacks Investment Research raised shares of Monsanto from a “hold” rating to a “buy” rating and set a $132.00 price objective for the company in a research note on Thursday, September 14th. BidaskClub raised shares of Monsanto from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. BMO Capital Markets restated a “buy” rating and issued a $128.00 target price on shares of Monsanto in a report on Friday, September 1st. Vetr upgraded shares of Monsanto from a “hold” rating to a “buy” rating and set a $122.35 target price for the company in a report on Tuesday, June 27th. Finally, Jefferies Group LLC downgraded shares of Monsanto from a “buy” rating to a “hold” rating and set a $128.00 target price for the company. in a report on Wednesday, July 12th. Nine equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $125.53.

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.

Institutional Ownership by Quarter for Monsanto (NYSE:MON)

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