Traders Sell Shares of Monsanto (MON) on Strength (MON)

Investors sold shares of Monsanto (NYSE:MON) on strength during trading on Monday. $53.00 million flowed into the stock on the tick-up and $149.59 million flowed out of the stock on the tick-down, for a money net flow of $96.59 million out of the stock. Of all companies tracked, Monsanto had the 7th highest net out-flow for the day. Monsanto traded up $0.30 for the day and closed at $125.70

A number of research analysts recently issued reports on MON shares. Wells Fargo restated a “market perform” rating and set a $128.00 target price (up from $118.00) on shares of Monsanto in a research report on Wednesday, January 17th. Deutsche Bank restated a “buy” rating on shares of Monsanto in a research report on Tuesday, January 16th. ValuEngine upgraded shares of Monsanto from a “hold” rating to a “buy” rating in a research report on Monday, April 9th. BMO Capital Markets downgraded shares of Monsanto from an “outperform” rating to a “market perform” rating in a research report on Tuesday, April 10th. Finally, Zacks Investment Research downgraded shares of Monsanto from a “hold” rating to a “sell” rating in a research report on Monday, April 9th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $126.61.

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The stock has a market capitalization of $55,276.42, a price-to-earnings ratio of 22.85, a PEG ratio of 2.10 and a beta of 0.96. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.85 and a current ratio of 1.41.

Monsanto (NYSE:MON) last released its earnings results on Thursday, April 5th. The basic materials company reported $3.22 EPS for the quarter, missing analysts’ consensus estimates of $3.31 by ($0.09). The company had revenue of $5.02 billion for the quarter, compared to analysts’ expectations of $5.34 billion. Monsanto had a return on equity of 37.31% and a net margin of 17.07%. The firm’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same period in the prior year, the firm earned $3.19 EPS. research analysts expect that Monsanto will post 5.7 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, April 27th. Stockholders of record on Friday, April 6th will be paid a dividend of $0.54 per share. The ex-dividend date of this dividend is Thursday, April 5th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 1.72%. Monsanto’s dividend payout ratio is currently 39.27%.

Several hedge funds have recently added to or reduced their stakes in MON. Gradient Investments LLC purchased a new stake in shares of Monsanto during the fourth quarter worth about $108,000. Elkfork Partners LLC purchased a new stake in shares of Monsanto during the fourth quarter worth about $162,000. Truewealth LLC purchased a new stake in shares of Monsanto during the fourth quarter worth about $163,000. Flinton Capital Management LLC increased its stake in shares of Monsanto by 90.9% during the fourth quarter. Flinton Capital Management LLC now owns 1,764 shares of the basic materials company’s stock worth $206,000 after purchasing an additional 840 shares in the last quarter. Finally, HBK Sorce Advisory LLC purchased a new stake in shares of Monsanto during the fourth quarter worth about $212,000. 76.26% of the stock is owned by institutional investors and hedge funds.

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Monsanto Company Profile

Monsanto Company, together with its subsidiaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. The Seeds and Genomics segment produces row crop seeds, including corn, soybean, cotton, and canola seeds under the DEKALB, Asgrow, and Deltapine brands; and vegetable seeds, such as tomato, pepper, melon, cucumber, squash, beans, broccoli, onions, lettuce, and others under the Seminis and De Ruiter brands.

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