Monsanto Company (MON) : Weatherly Asset Management L. P. reduced its stake in Monsanto Company by 1.81% during the most recent quarter end. The investment management company now holds a total of 10,681 shares of Monsanto Company which is valued at $1,004,868 after selling 197 shares in Monsanto Company , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.Monsanto Company makes up approximately 0.34% of Weatherly Asset Management L. P.’s portfolio.
Monsanto Company opened for trading at $93.78 and hit $94.95 on the upside on Wednesday, eventually ending the session at $94, with a gain of 0.11% or 0.1 points. The heightened volatility saw the trading volume jump to 25,18,072 shares. Company has a market cap of $41,063 M.
Other Hedge Funds, Including , Jnba Financial Advisors reduced its stake in MON by selling 350 shares or 19.47% in the most recent quarter. The Hedge Fund company now holds 1,448 shares of MON which is valued at $136,228. Monsanto Company makes up approx 0.05% of Jnba Financial Advisors’s portfolio.Raymond James Trust N.a. reduced its stake in MON by selling 44 shares or 0.65% in the most recent quarter. The Hedge Fund company now holds 6,733 shares of MON which is valued at $633,441. Monsanto Company makes up approx 0.06% of Raymond James Trust N.a.’s portfolio.First Western Capital Management Co reduced its stake in MON by selling 484 shares or 2.61% in the most recent quarter. The Hedge Fund company now holds 18,051 shares of MON which is valued at $1,698,238. Monsanto Company makes up approx 0.59% of First Western Capital Management Co’s portfolio.Umb Bank N Amo reduced its stake in MON by selling 1,524 shares or 6.29% in the most recent quarter. The Hedge Fund company now holds 22,696 shares of MON which is valued at $2,135,240. Monsanto Company makes up approx 0.09% of Umb Bank N Amo’s portfolio.Traynor Capital Management reduced its stake in MON by selling 35 shares or 1.07% in the most recent quarter. The Hedge Fund company now holds 3,231 shares of MON which is valued at $303,972. Monsanto Company makes up approx 0.24% of Traynor Capital Management’s portfolio.
On the company’s financial health, Monsanto Company reported $2.42 EPS for the quarter, based on the information available during the earnings call on Apr 6, 2016. Analyst had a consensus estimate of $2.42. The company had revenue of $4532.00 million for the quarter, compared to analysts expectations of $4734.36 million. The company’s revenue was down -12.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $2.90 EPS.
Many Wall Street Analysts have commented on Monsanto Company. Shares were Reiterated by Deutsche Bank on Apr 7, 2016 to “Buy” and Lowered the Price Target to $ 100 from a previous price target of $105 .Monsanto Company was Downgraded by Citigroup to ” Neutral” on Mar 14, 2016. Monsanto Company was Downgraded by Goldman to ” Sell” on Mar 4, 2016.
Monsanto Company (Monsanto) is a provider of agricultural products for farmers. The Company’s seeds biotechnology trait products and herbicides provide farmers with solutions that improve productivity reduce the costs of farming and produce better foods for consumers and better feed for animals. It manages business in two segments: Seeds and Genomics and Agricultural Productivity. Through its Seeds and Genomics segment it produces seed brands including DEKALB Asgrow Deltapine Seminis and De Ruiter and it develops biotechnology traits that assist farmers in controlling insects and weeds. Through its Agricultural Productivity segment it manufactures Roundup brand herbicides and other herbicides and provides lawn-and-garden herbicide products for the residential market.