Janney Montgomery Scott LLC lowered its position in shares of Monsanto Company (NYSE:MON) by 4.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,537 shares of the basic materials company’s stock after selling 1,541 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Monsanto were worth $4,018,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of MON. Pinnacle Financial Partners Inc. bought a new position in shares of Monsanto during the 2nd quarter worth approximately $114,000. Bruderman Asset Management LLC bought a new position in shares of Monsanto during the 2nd quarter worth approximately $116,000. Tower Research Capital LLC TRC lifted its position in shares of Monsanto by 230.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,076 shares of the basic materials company’s stock worth $128,000 after buying an additional 750 shares in the last quarter. Armbruster Capital Management Inc. lifted its position in shares of Monsanto by 12.2% during the 2nd quarter. Armbruster Capital Management Inc. now owns 1,147 shares of the basic materials company’s stock worth $136,000 after buying an additional 125 shares in the last quarter. Finally, Enterprise Financial Services Corp lifted its position in shares of Monsanto by 1.2% during the 2nd quarter. Enterprise Financial Services Corp now owns 1,384 shares of the basic materials company’s stock worth $164,000 after buying an additional 16 shares in the last quarter. 75.70% of the stock is currently owned by hedge funds and other institutional investors.

In related news, VP Duraiswami Narain sold 2,860 shares of Monsanto stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $120.00, for a total value of $343,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Nicole M. Ringenberg sold 7,890 shares of Monsanto stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $122.25, for a total transaction of $964,552.50. Following the completion of the transaction, the vice president now owns 38,600 shares of the company’s stock, valued at $4,718,850. The disclosure for this sale can be found here. Insiders sold a total of 49,236 shares of company stock valued at $5,931,934 over the last quarter. 0.79% of the stock is owned by company insiders.

MON has been the subject of several research analyst reports. Zacks Investment Research lowered shares of Monsanto from a “buy” rating to a “hold” rating in a research note on Tuesday, September 5th. BMO Capital Markets restated a “buy” rating and set a $128.00 price target on shares of Monsanto in a research note on Friday, September 1st. BidaskClub upgraded shares of Monsanto from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th. Barclays restated an “equal weight” rating and set a $124.00 price target (up previously from $120.00) on shares of Monsanto in a research note on Thursday, October 5th. Finally, Macquarie lowered shares of Monsanto from an “outperform” rating to a “neutral” rating in a research note on Wednesday, October 4th. Twelve research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $124.61.

Shares of Monsanto Company (NYSE:MON) traded down $0.24 during mid-day trading on Friday, hitting $117.85. 1,385,700 shares of the stock traded hands, compared to its average volume of 1,976,619. 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 12 month low of $104.08 and a 12 month high of $122.79. The stock has a market cap of $51,983.22, a price-to-earnings ratio of 21.35, a P/E/G ratio of 1.70 and a beta of 1.04.

Monsanto (NYSE:MON) last released its quarterly earnings data on Wednesday, October 4th. The basic materials company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.41) by $0.61. Monsanto had a net margin of 15.44% and a return on equity of 42.40%. The business had revenue of $2.69 billion during the quarter, compared to analyst estimates of $2.51 billion. During the same period in the previous year, the business earned $0.07 EPS. Monsanto’s revenue was up 4.8% compared to the same quarter last year. equities research analysts anticipate that Monsanto Company will post 5.74 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Investors 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 dividend on an annualized basis and a yield of 1.83%. Monsanto’s dividend payout ratio is 42.27%.

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Monsanto Company Profile

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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