Monsanto Company (MON) : Archford Capital Strategies reduced its stake in Monsanto Company by 0.66% during the most recent quarter end. The investment management company now holds a total of 23,923 shares of Monsanto Company which is valued at $2,390,865 after selling 158 shares in Monsanto Company , the firm said in a disclosure report filed with the SEC on May 10, 2016.Monsanto Company makes up approximately 1.15% of Archford Capital Strategies’s portfolio.
Other Hedge Funds, Including , Moors Cabot reduced its stake in MON by selling 241 shares or 2.58% in the most recent quarter. The Hedge Fund company now holds 9,108 shares of MON which is valued at $910,254. Monsanto Company makes up approx 0.16% of Moors Cabot’s portfolio. Mondrian Investment Partners Ltd added MON to its portfolio by purchasing 643,517 company shares during the most recent quarter which is valued at $57,755,651. Monsanto Company makes up approx 1.33% of Mondrian Investment Partners Ltd’s portfolio.Evercore Wealth Management reduced its stake in MON by selling 2,800 shares or 31.95% in the most recent quarter. The Hedge Fund company now holds 5,965 shares of MON which is valued at $535,359. Monsanto Company makes up approx 0.02% of Evercore Wealth Management’s portfolio.Global Thematic Partners boosted its stake in MON in the latest quarter, The investment management firm added 488,015 additional shares and now holds a total of 1,001,233 shares of Monsanto Company which is valued at $93,795,507. Monsanto Company makes up approx 1.95% of Global Thematic Partners’s portfolio.
Monsanto Company closed down -1.66 points or -1.66% at $98.28 with 26,47,699 shares getting traded on Monday. Post opening the session at $99.39, the shares hit an intraday low of $97.98 and an intraday high of $99.63 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
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.