Monsanto (MON) Holdings Raised by Penserra Capital Management LLC

Penserra Capital Management LLC raised its position in Monsanto (NYSE:MON) by 43.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,812 shares of the basic materials company’s stock after purchasing an additional 852 shares during the period. Penserra Capital Management LLC’s holdings in Monsanto were worth $328,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of the business. Stanley Laman Group Ltd. increased its stake in Monsanto by 4.0% in the first quarter. Stanley Laman Group Ltd. now owns 11,320 shares of the basic materials company’s stock valued at $1,321,000 after purchasing an additional 431 shares in the last quarter. Thornburg Investment Management Inc. increased its position in shares of Monsanto by 0.5% during the first 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. Thrivent Financial for Lutherans increased its position in shares of Monsanto by 2.7% during the first quarter. Thrivent Financial for Lutherans now owns 18,334 shares of the basic materials company’s stock worth $2,139,000 after acquiring an additional 487 shares in the last quarter. Rothschild Investment Corp IL increased its position in shares of Monsanto by 0.9% during the fourth quarter. Rothschild Investment Corp IL now owns 59,112 shares of the basic materials company’s stock worth $6,903,000 after acquiring an additional 510 shares in the last quarter. Finally, Dowling & Yahnke LLC increased its position in shares of Monsanto by 11.8% during the fourth quarter. Dowling & Yahnke LLC now owns 4,874 shares of the basic materials company’s stock worth $569,000 after acquiring an additional 514 shares in the last quarter. 75.13% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have recently issued reports on MON shares. ValuEngine raised 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. Sanford C. Bernstein reissued a “neutral” rating and set a $119.00 price objective on shares of Monsanto in a research report on Monday, April 9th. Argus downgraded shares of Monsanto from a “buy” rating to a “sell” rating in a research report on Monday, April 16th. 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, thirteen have assigned a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $126.61.

Shares of Monsanto opened at $125.49 on Friday, according to Marketbeat Ratings. Monsanto has a 12 month low of $125.15 and a 12 month high of $125.50. The firm has a market cap of $55.29 billion, a P/E ratio of 22.82, a price-to-earnings-growth ratio of 2.59 and a beta of 0.95. The company has a quick ratio of 0.85, a current ratio of 1.41 and a debt-to-equity ratio of 0.85.

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

Monsanto 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.

Institutional Ownership by Quarter for Monsanto (NYSE:MON)

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