Barings LLC Boosts Holdings in Monsanto (MON)

Barings LLC raised its stake in Monsanto (NYSE:MON) by 205.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,108 shares of the basic materials company’s stock after acquiring an additional 36,385 shares during the quarter. Barings LLC’s holdings in Monsanto were worth $6,319,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Capital International Investors boosted its stake in shares of Monsanto by 10.3% in the 3rd quarter. Capital International Investors now owns 9,344,430 shares of the basic materials company’s stock valued at $1,119,650,000 after purchasing an additional 872,377 shares during the last quarter. Independent Franchise Partners LLP boosted its stake in Monsanto by 1.8% during the 3rd quarter. Independent Franchise Partners LLP now owns 4,185,504 shares of the basic materials company’s stock worth $501,507,000 after acquiring an additional 72,500 shares during the last quarter. Janus Henderson Group PLC boosted its stake in Monsanto by 57.1% during the 3rd quarter. Janus Henderson Group PLC now owns 2,342,693 shares of the basic materials company’s stock worth $280,696,000 after acquiring an additional 851,369 shares during the last quarter. Legal & General Group Plc boosted its stake in Monsanto by 2.2% during the 3rd quarter. Legal & General Group Plc now owns 2,339,225 shares of the basic materials company’s stock worth $280,276,000 after acquiring an additional 49,682 shares during the last quarter. Finally, Harding Loevner LP boosted its stake in Monsanto by 140.0% during the 3rd quarter. Harding Loevner LP now owns 2,294,152 shares of the basic materials company’s stock worth $111,903,000 after acquiring an additional 1,338,271 shares during the last quarter. Hedge funds and other institutional investors own 74.62% of the company’s stock.

Monsanto (NYSE MON) opened at $120.18 on Thursday. The company has a quick ratio of 0.79, a current ratio of 1.28 and a debt-to-equity ratio of 1.05. Monsanto has a one year low of $108.38 and a one year high of $123.15. The firm has a market cap of $52,980.00, a P/E ratio of 22.21, a price-to-earnings-growth ratio of 1.72 and a beta of 1.01.

Monsanto (NYSE:MON) last announced its quarterly earnings results on Thursday, January 4th. The basic materials company reported $0.41 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.01). Monsanto had a net margin of 16.38% and a return on equity of 40.13%. The company had revenue of $2.66 billion during the quarter, compared to the consensus estimate of $2.77 billion. During the same period in the previous year, the firm posted $0.21 EPS. The business’s quarterly revenue was up .3% compared to the same quarter last year. equities research analysts expect that Monsanto will post 5.76 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, April 27th. Shareholders of record on Friday, April 6th will be paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date is Thursday, April 5th. Monsanto’s payout ratio is currently 39.93%.

In other Monsanto news, EVP Steven Mizell sold 8,100 shares of Monsanto stock in a transaction that occurred on Tuesday, January 9th. The shares were sold at an average price of $119.35, for a total value of $966,735.00. Following the transaction, the executive vice president now owns 56,743 shares of the company’s stock, valued at $6,772,277.05. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.79% of the company’s stock.

Several research analysts recently weighed in on the stock. Royal Bank of Canada reissued a “hold” rating and set a $128.00 price objective on shares of Monsanto in a research note on Wednesday, November 15th. Wells Fargo & Co reissued a “market perform” rating and set a $128.00 price objective (up previously from $118.00) on shares of Monsanto in a research note on Wednesday, January 17th. Deutsche Bank reissued a “buy” rating on shares of Monsanto in a research note on Tuesday, January 16th. Finally, Zacks Investment Research lowered shares of Monsanto from a “buy” rating to a “hold” rating in a research note on Monday, December 11th. Eleven analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $127.30.

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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.

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Institutional Ownership by Quarter for Monsanto (NYSE:MON)

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