LVM Capital Management Ltd. MI raised its stake in shares of Monsanto Company (NYSE:MON) by 13.9% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 2,462 shares of the basic materials company’s stock after buying an additional 300 shares during the period. LVM Capital Management Ltd. MI’s holdings in Monsanto were worth $291,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the stock. Whitnell & Co. boosted its position in Monsanto by 35.4% in the first quarter. Whitnell & Co. now owns 979 shares of the basic materials company’s stock valued at $111,000 after buying an additional 256 shares during the period. Hartford Financial Management Inc. acquired a new position in Monsanto during the first quarter valued at $113,000. Acrospire Investment Management LLC acquired a new position in Monsanto during the first quarter valued at $113,000. JNBA Financial Advisors boosted its position in Monsanto by 3.9% in the first quarter. JNBA Financial Advisors now owns 1,193 shares of the basic materials company’s stock valued at $135,000 after buying an additional 45 shares during the period. Finally, Penserra Capital Management LLC boosted its position in Monsanto by 9.5% in the first quarter. Penserra Capital Management LLC now owns 1,288 shares of the basic materials company’s stock valued at $145,000 after buying an additional 112 shares during the period. 75.31% of the stock is currently owned by institutional investors.

Monsanto Company (MON) traded down 0.33% during midday trading on Friday, reaching $116.55. The company had a trading volume of 1,012,471 shares. The company has a market cap of $51.20 billion, a PE ratio of 25.17 and a beta of 1.07. The company’s 50-day moving average is $117.47 and its 200 day moving average is $115.08. Monsanto Company has a 52-week low of $97.35 and a 52-week high of $118.97.

Monsanto (NYSE:MON) last issued its quarterly earnings results on Wednesday, June 28th. The basic materials company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.74 by $0.19. Monsanto had a return on equity of 45.26% and a net margin of 14.11%. The firm had revenue of $4.23 billion during the quarter, compared to analysts’ expectations of $4.18 billion. During the same period in the prior year, the firm posted $2.17 earnings per share. The business’s quarterly revenue was up 1.0% compared to the same quarter last year. On average, equities research analysts forecast that Monsanto Company will post $4.89 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 27th. Investors of record on Friday, October 6th will be given a dividend of $0.54 per share. The ex-dividend date of this dividend is Thursday, October 5th. This represents a $2.16 annualized dividend and a yield of 1.85%. Monsanto’s dividend payout ratio (DPR) is presently 46.75%.

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Several research firms have weighed in on MON. Citigroup Inc. reaffirmed a “neutral” rating and set a $125.00 target price (up previously from $122.00) on shares of Monsanto in a research note on Friday, April 14th. BidaskClub raised Monsanto from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. Vetr raised Monsanto from a “hold” rating to a “buy” rating and set a $122.35 target price on the stock in a research note on Tuesday, June 27th. Barclays PLC lifted their target price on Monsanto from $115.00 to $120.00 and gave the company an “equal weight” rating in a research note on Thursday, June 29th. Finally, Jefferies Group LLC cut Monsanto from a “buy” rating to a “hold” rating and set a $128.00 target price on the stock. in a research note on Wednesday, July 12th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight 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 $123.15.

In other news, SVP Janet M. Holloway sold 3,337 shares of the firm’s stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of $118.00, for a total value of $393,766.00. Following the completion of the sale, the senior vice president now directly owns 44,405 shares of the company’s stock, valued at $5,239,790. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Robert T. Fraley sold 52,410 shares of the firm’s stock in a transaction that occurred on Monday, July 10th. The shares were sold at an average price of $117.95, for a total value of $6,181,759.50. The disclosure for this sale can be found here. Insiders have sold 74,470 shares of company stock valued at $8,791,281 over the last three months. Insiders own 0.79% of the company’s stock.

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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