Valeo Financial Advisors LLC bought a new position in shares of Monsanto Company (NYSE:MON) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,033 shares of the basic materials company’s stock, valued at approximately $1,202,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Parkwood LLC lifted its stake in shares of Monsanto by 90.3% in the second quarter. Parkwood LLC now owns 11,665 shares of the basic materials company’s stock valued at $1,381,000 after buying an additional 5,535 shares in the last quarter. Kwmg LLC lifted its stake in shares of Monsanto by 465.8% in the second quarter. Kwmg LLC now owns 13,138 shares of the basic materials company’s stock valued at $1,555,000 after buying an additional 10,816 shares in the last quarter. Shell Asset Management Co. lifted its stake in shares of Monsanto by 3.9% in the second quarter. Shell Asset Management Co. now owns 163,710 shares of the basic materials company’s stock valued at $19,377,000 after buying an additional 6,087 shares in the last quarter. Cheyne Capital Management UK LLP bought a new position in shares of Monsanto in the second quarter valued at $28,346,000. Finally, Strs Ohio lifted its stake in shares of Monsanto by 31.4% in the second quarter. Strs Ohio now owns 364,636 shares of the basic materials company’s stock valued at $43,158,000 after buying an additional 87,165 shares in the last quarter. 75.70% of the stock is currently owned by institutional investors and hedge funds.

In related news, CFO Pierre Courduroux sold 4,320 shares of the firm’s 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 sale, the chief financial officer now owns 48,388 shares in the company, valued at $5,903,336. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Brett D. Begemann sold 22,640 shares of the firm’s stock in a transaction dated Monday, September 25th. The stock was sold at an average price of $120.03, for a total transaction of $2,717,479.20. Following the sale, the chief operating officer now owns 85,439 shares of the company’s stock, valued at approximately $10,255,243.17. The disclosure for this sale can be found here. Insiders have sold 49,236 shares of company stock valued at $5,931,934 in the last 90 days. 0.79% of the stock is currently owned by corporate insiders.

Shares of Monsanto Company (MON) traded down $0.70 during mid-day trading on Monday, hitting $117.30. 5,241,700 shares of the stock traded hands, compared to its average volume of 1,971,064. The stock has a market capitalization of $51,740.00, a P/E ratio of 21.21, a P/E/G ratio of 1.69 and a beta of 1.04. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.83 and a current ratio of 1.35. Monsanto Company has a 52 week low of $104.08 and a 52 week high of $122.79.

Monsanto (NYSE:MON) last announced its earnings results on Wednesday, October 4th. The basic materials company reported $0.20 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.41) by $0.61. Monsanto had a net margin of 15.44% and a return on equity of 42.40%. The company had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.51 billion. During the same quarter in the prior year, the company posted $0.07 earnings per share. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. equities research analysts predict that Monsanto Company will post 5.74 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Investors of record on Friday, January 5th will be issued a dividend of $0.54 per share. The ex-dividend date of this dividend is Thursday, January 4th. This represents a $2.16 dividend on an annualized basis and a yield of 1.84%. Monsanto’s dividend payout ratio (DPR) is presently 42.52%.

A number of research analysts have weighed in on the stock. Zacks Investment Research lowered shares of Monsanto from a “buy” rating to a “hold” rating in a research note on Monday. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $128.00 price objective on shares of Monsanto in a research note on Wednesday, November 15th. Wells Fargo & Company raised their price objective 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 reaffirmed an “equal weight” rating and issued a $124.00 price objective (up from $120.00) on shares of Monsanto in a research note on Thursday, October 5th. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $128.00 price objective on shares of Monsanto in a research note on Thursday, October 5th. Twelve research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Monsanto currently has a consensus rating of “Hold” and an average price target of $124.61.

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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.

Institutional Ownership by Quarter for Monsanto (NYSE:MON)

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