Wayne Hummer Investments L.L.C. cut its position in shares of Monsanto Company (NYSE:MON) by 7.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,212 shares of the basic materials company’s stock after selling 419 shares during the period. Wayne Hummer Investments L.L.C.’s holdings in Monsanto Company were worth $590,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Delta Asset Management LLC TN raised its stake in Monsanto Company by 0.5% in the first quarter. Delta Asset Management LLC TN now owns 1,950 shares of the basic materials company’s stock worth $221,000 after buying an additional 10 shares during the last quarter. Savant Capital LLC raised its stake in Monsanto Company by 0.4% in the first quarter. Savant Capital LLC now owns 3,082 shares of the basic materials company’s stock worth $349,000 after buying an additional 11 shares during the last quarter. Greenwich Wealth Management LLC raised its stake in Monsanto Company by 0.6% in the first quarter. Greenwich Wealth Management LLC now owns 2,565 shares of the basic materials company’s stock worth $290,000 after buying an additional 15 shares during the last quarter. Dubuque Bank & Trust Co. raised its stake in Monsanto Company by 0.7% in the first quarter. Dubuque Bank & Trust Co. now owns 3,425 shares of the basic materials company’s stock worth $388,000 after buying an additional 25 shares during the last quarter. Finally, Capital Investment Advisors LLC raised its stake in Monsanto Company by 0.7% in the first quarter. Capital Investment Advisors LLC now owns 4,485 shares of the basic materials company’s stock worth $508,000 after buying an additional 29 shares during the last quarter. 74.99% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Monsanto Company (NYSE MON) opened at 117.25 on Wednesday. The stock’s 50 day moving average price is $116.90 and its 200-day moving average price is $112.27. Monsanto Company has a 12-month low of $97.35 and a 12-month high of $118.15. The firm has a market capitalization of $51.45 billion, a P/E ratio of 26.97 and a beta of 1.10.

Monsanto Company (NYSE:MON) last posted its quarterly earnings data on Wednesday, April 5th. The basic materials company reported $3.19 EPS for the quarter, topping analysts’ consensus estimates of $2.79 by $0.40. Monsanto Company had a net margin of 13.28% and a return on equity of 50.58%. The firm had revenue of $5.07 billion during the quarter, compared to analyst estimates of $4.73 billion. During the same quarter last year, the business posted $2.42 EPS. The company’s revenue was up 12.0% on a year-over-year basis. On average, equities analysts expect that Monsanto Company will post $4.89 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 28th. Investors of record on Friday, July 7th will be paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date is Wednesday, July 5th. Monsanto Company’s dividend payout ratio is 49.66%.

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A number of equities research analysts recently issued reports on the company. Susquehanna Bancshares Inc reaffirmed a “neutral” rating on shares of Monsanto Company in a research note on Tuesday. Vetr raised Monsanto Company from a “hold” rating to a “buy” rating and set a $122.35 target price on the stock in a research note on Tuesday. Jefferies Group LLC reaffirmed a “buy” rating and issued a $128.00 target price on shares of Monsanto Company in a research note on Tuesday, March 28th. Zacks Investment Research lowered Monsanto Company from a “buy” rating to a “hold” rating in a research note on Wednesday, June 21st. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $128.00 target price on shares of Monsanto Company in a research note on Wednesday, April 5th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $121.56.

In related news, SVP Janet M. Holloway sold 3,337 shares of the firm’s stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of $118.00, for a total value of $393,766.00. Following the completion of the transaction, the senior vice president now owns 44,405 shares of the company’s stock, valued at approximately $5,239,790. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Janet M. Holloway sold 7,423 shares of the firm’s stock in a transaction that occurred on Tuesday, June 13th. The stock was sold at an average price of $118.00, for a total transaction of $875,914.00. Following the completion of the transaction, the senior vice president now directly owns 33,645 shares of the company’s stock, valued at approximately $3,970,110. The disclosure for this sale can be found here. Insiders sold a total of 265,976 shares of company stock valued at $30,918,907 in the last ninety days. Company insiders own 0.79% of the company’s stock.

About Monsanto Company

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 Company (NYSE:MON)

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