Summit Trail Advisors LLC Grows Holdings in Monsanto (MON)

Summit Trail Advisors LLC boosted its holdings in shares of Monsanto (NYSE:MON) by 10,659.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 184,100 shares of the basic materials company’s stock after buying an additional 182,389 shares during the period. Summit Trail Advisors LLC’s holdings in Monsanto were worth $184,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. McKinley Carter Wealth Services Inc. grew its stake in shares of Monsanto by 22.4% in the 1st quarter. McKinley Carter Wealth Services Inc. now owns 2,283 shares of the basic materials company’s stock worth $266,000 after acquiring an additional 418 shares in the last quarter. Rational Advisors LLC grew its stake in shares of Monsanto by 6.5% in the 1st quarter. Rational Advisors LLC now owns 6,922 shares of the basic materials company’s stock worth $807,000 after acquiring an additional 422 shares in the last quarter. Stanley Laman Group Ltd. grew its stake in shares of Monsanto by 4.0% in the 1st quarter. Stanley Laman Group Ltd. now owns 11,320 shares of the basic materials company’s stock worth $1,321,000 after acquiring an additional 431 shares in the last quarter. Laurel Wealth Advisors Inc. grew its stake in shares of Monsanto by 11.2% in the 1st quarter. Laurel Wealth Advisors Inc. now owns 4,415 shares of the basic materials company’s stock worth $515,000 after acquiring an additional 445 shares in the last quarter. Finally, Thornburg Investment Management Inc. grew its stake in shares of Monsanto by 0.5% in the 1st quarter. Thornburg Investment Management Inc. now owns 88,105 shares of the basic materials company’s stock worth $10,281,000 after acquiring an additional 468 shares in the last quarter. Hedge funds and other institutional investors own 74.99% of the company’s stock.

Several research firms have recently issued reports on MON. ValuEngine lowered shares of Monsanto from a “buy” rating to a “hold” rating in a research note on Wednesday, May 2nd. BMO Capital Markets lowered shares of Monsanto from an “outperform” rating to a “market perform” rating in a research note on Tuesday, April 10th. Argus lowered shares of Monsanto from a “buy” rating to a “sell” rating in a research note on Monday, April 16th. Zacks Investment Research lowered shares of Monsanto from a “hold” rating to a “sell” rating in a research report on Monday, April 9th. Finally, Sanford C. Bernstein restated a “neutral” rating and set a $119.00 price target on shares of Monsanto in a research report on Monday, April 9th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $126.61.

Monsanto opened at $127.95 on Wednesday, according to Marketbeat.com. The stock has a market cap of $56.40 billion, a P/E ratio of 23.26, a P/E/G ratio of 2.64 and a beta of 0.97. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.41 and a quick ratio of 0.85. Monsanto has a fifty-two week low of $114.19 and a fifty-two week high of $127.97.

Monsanto (NYSE:MON) last posted its quarterly earnings results on Thursday, April 5th. The basic materials company reported $3.22 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $3.31 by ($0.09). The company had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $5.34 billion. Monsanto had a net margin of 17.07% and a return on equity of 37.31%. Monsanto’s quarterly revenue was down 1.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.19 EPS. analysts predict that Monsanto will post 5.7 earnings per share for the current year.

About Monsanto

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.

Institutional Ownership by Quarter for Monsanto (NYSE:MON)

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