DSAM Partners London Ltd Acquires New Holdings in Monsanto Company (NYSE:MON)

DSAM Partners London Ltd bought a new stake in shares of Monsanto Company (NYSE:MON) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 16,970 shares of the basic materials company’s stock, valued at approximately $2,009,000.

Several other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. boosted its stake in shares of Monsanto by 2,390.1% during the 1st quarter. BlackRock Inc. now owns 26,192,816 shares of the basic materials company’s stock valued at $2,965,029,000 after buying an additional 25,140,936 shares during the last quarter. State Street Corp boosted its stake in shares of Monsanto by 1.2% during the 1st quarter. State Street Corp now owns 20,153,966 shares of the basic materials company’s stock valued at $2,281,433,000 after buying an additional 234,582 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Monsanto by 3.6% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 14,299,502 shares of the basic materials company’s stock valued at $1,618,703,000 after buying an additional 499,639 shares during the last quarter. Flossbach Von Storch AG boosted its stake in shares of Monsanto by 7.5% during the 2nd quarter. Flossbach Von Storch AG now owns 4,397,000 shares of the basic materials company’s stock valued at $520,429,000 after buying an additional 307,600 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Monsanto by 7.7% during the 1st quarter. Geode Capital Management LLC now owns 4,125,879 shares of the basic materials company’s stock valued at $466,359,000 after buying an additional 295,452 shares during the last quarter. Institutional investors own 74.79% of the company’s stock.

In other Monsanto news, EVP Robert T. Fraley sold 52,410 shares of the business’s stock in a transaction on Monday, July 10th. The stock was sold at an average price of $117.95, for a total value of $6,181,759.50. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Steven Mizell sold 11,300 shares of the business’s stock in a transaction on Monday, July 3rd. The stock was sold at an average price of $118.57, for a total value of $1,339,841.00. Following the completion of the transaction, the executive vice president now directly owns 55,011 shares in the company, valued at approximately $6,522,654.27. The disclosure for this sale can be found here. 0.79% of the stock is currently owned by insiders.

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Shares of Monsanto Company (NYSE MON) traded up 0.57% on Friday, hitting $118.27. The stock had a trading volume of 2,233,896 shares. The firm has a 50 day moving average price of $117.25 and a 200-day moving average price of $116.44. Monsanto Company has a 52 week low of $97.35 and a 52 week high of $118.97. The company has a market cap of $51.96 billion, a price-to-earnings ratio of 25.54 and a beta of 1.07.

Monsanto (NYSE:MON) last announced its quarterly earnings results on Wednesday, June 28th. The basic materials company reported $1.93 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.74 by $0.19. The business had revenue of $4.23 billion for the quarter, compared to analyst estimates of $4.18 billion. Monsanto had a return on equity of 45.26% and a net margin of 14.11%. Monsanto’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.17 EPS. Analysts anticipate that Monsanto Company will post $4.89 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 27th. Shareholders of record on Friday, October 6th will be paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date is Thursday, October 5th. Monsanto’s dividend payout ratio is currently 46.75%.

Several equities analysts have recently commented on the company. UBS AG cut Monsanto from a “positive” rating to a “neutral” rating in a research note on Tuesday, June 27th. BidaskClub cut Monsanto from a “hold” rating to a “sell” rating in a research note on Sunday, July 16th. Zacks Investment Research cut Monsanto from a “buy” rating to a “hold” rating in a research note on Wednesday, June 21st. Piper Jaffray Companies set a $128.00 price objective on Monsanto and gave the stock a “buy” rating in a research note on Friday, August 11th. Finally, Vetr upgraded Monsanto from a “hold” rating to a “buy” rating and set a $122.35 price objective on the stock in a research note on Tuesday, June 27th. Ten research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Monsanto currently has an average rating of “Hold” and an average price target of $124.09.

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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