Monsanto Company (MON) Shares Bought by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of Monsanto Company (NYSE:MON) by 0.7% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 182,840 shares of the basic materials company’s stock after buying an additional 1,219 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Monsanto Company were worth $20,697,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of MON. State Street Corp raised its position in shares of Monsanto Company by 4.6% in the fourth quarter. State Street Corp now owns 19,919,384 shares of the basic materials company’s stock valued at $2,095,723,000 after buying an additional 880,865 shares in the last quarter. Franklin Resources Inc. raised its position in shares of Monsanto Company by 506.6% in the fourth quarter. Franklin Resources Inc. now owns 5,040,923 shares of the basic materials company’s stock valued at $530,355,000 after buying an additional 4,209,910 shares in the last quarter. Flossbach Von Storch AG raised its position in shares of Monsanto Company by 33.9% in the first quarter. Flossbach Von Storch AG now owns 4,089,400 shares of the basic materials company’s stock valued at $462,920,000 after buying an additional 1,034,400 shares in the last quarter. Norges Bank bought a new position in shares of Monsanto Company during the fourth quarter valued at $406,735,000. Finally, Highfields Capital Management LP raised its position in shares of Monsanto Company by 4.2% in the fourth quarter. Highfields Capital Management LP now owns 3,699,342 shares of the basic materials company’s stock valued at $389,208,000 after buying an additional 150,000 shares in the last quarter. 75.18% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Monsanto Company (NYSE:MON)

Shares of Monsanto Company (NYSE:MON) opened at 117.82 on Friday. Monsanto Company has a 12 month low of $97.35 and a 12 month high of $118.00. The firm has a 50-day moving average of $116.51 and a 200-day moving average of $111.26. The company has a market capitalization of $51.70 billion, a P/E ratio of 27.10 and a beta of 0.93.

Monsanto Company (NYSE:MON) last issued its earnings results on Wednesday, April 5th. The basic materials company reported $3.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.79 by $0.40. The business had revenue of $5.07 billion during the quarter, compared to analysts’ expectations of $4.73 billion. Monsanto Company had a net margin of 11.61% and a return on equity of 47.05%. The business’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same period in the previous year, the company earned $2.42 earnings per share. On average, equities analysts predict that Monsanto Company will post $4.90 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, July 28th. Shareholders of record on Friday, July 7th will be issued a $0.54 dividend. The ex-dividend date is Wednesday, July 5th. This represents a $2.16 annualized dividend and a yield of 1.83%. Monsanto Company’s dividend payout ratio (DPR) is presently 58.86%.

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Several equities analysts have recently weighed in on the stock. Royal Bank of Canada reiterated a “hold” rating and set a $120.00 price objective on shares of Monsanto Company in a report on Friday, April 7th. Citigroup Inc reiterated a “neutral” rating and set a $125.00 price objective (up previously from $122.00) on shares of Monsanto Company in a report on Friday, April 14th. Vetr lowered shares of Monsanto Company from a “buy” rating to a “hold” rating and set a $118.00 price objective on the stock. in a report on Tuesday, March 7th. BMO Capital Markets reiterated a “buy” rating and set a $128.00 price objective on shares of Monsanto Company in a report on Wednesday, April 5th. Finally, Zacks Investment Research upgraded shares of Monsanto Company from a “hold” rating to a “buy” rating and set a $128.00 price objective on the stock in a report on Tuesday, March 7th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $121.07.

In other Monsanto Company news, EVP Steven Mizell sold 13,700 shares of Monsanto Company stock in a transaction dated Monday, April 10th. The shares were sold at an average price of $116.11, for a total value of $1,590,707.00. Following the completion of the transaction, the executive vice president now directly owns 50,295 shares of the company’s stock, valued at $5,839,752.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Hugh Grant sold 149,230 shares of Monsanto Company stock in a transaction dated Monday, April 10th. The stock was sold at an average price of $116.15, for a total transaction of $17,333,064.50. Following the completion of the transaction, the chief executive officer now directly owns 390,373 shares of the company’s stock, valued at $45,341,823.95. The disclosure for this sale can be found here. Insiders sold 258,553 shares of company stock valued at $30,042,993 over the last ninety days. Corporate 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “MON”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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