Monsanto Company (MON) : Trinity Street Asset Management Llp scooped up 4,794 additional shares in Monsanto Company during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 11, 2016. The investment management firm now holds a total of 456,785 shares of Monsanto Company which is valued at $47,035,151.Monsanto Company makes up approximately 8.14% of Trinity Street Asset Management Llp’s portfolio.
Other Hedge Funds, Including , Fisher Asset Management boosted its stake in MON in the latest quarter, The investment management firm added 496 additional shares and now holds a total of 2,856 shares of Monsanto Company which is valued at $294,082.Exxonmobil Investment Management Inc Tx reduced its stake in MON by selling 1,348 shares or 1.19% in the most recent quarter. The Hedge Fund company now holds 111,729 shares of MON which is valued at $11,548,309. Monsanto Company makes up approx 0.24% of Exxonmobil Investment Management Inc Tx’s portfolio.West Oak Capital boosted its stake in MON in the latest quarter, The investment management firm added 49 additional shares and now holds a total of 110 shares of Monsanto Company which is valued at $11,350. Monsanto Company makes up approx 0.01% of West Oak Capital’s portfolio.Harbour Capital Advisors reduced its stake in MON by selling 2,207 shares or 28.69% in the most recent quarter. The Hedge Fund company now holds 5,486 shares of MON which is valued at $566,045. Monsanto Company makes up approx 0.30% of Harbour Capital Advisors’s portfolio.
Monsanto Company opened for trading at $102.7 and hit $103.49 on the upside on Tuesday, eventually ending the session at $103.33, with a gain of 0.35% or 0.36 points. The heightened volatility saw the trading volume jump to 18,03,877 shares. Company has a market cap of $45,215 M.
On the company’s financial health, Monsanto Company reported $0.07 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on Oct 5, 2016. Analyst had a consensus of $-0.03. The company had revenue of $2562.00 million for the quarter, compared to analysts expectations of $2379.03 million. The company’s revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.19 EPS.
Many Wall Street Analysts have commented on Monsanto Company. Shares were Reiterated by Monness Crespi & Hardt on Oct 3, 2016 to “Buy” and Lowered the Price Target to $ 128 from a previous price target of $130 .Monsanto Company was Upgraded by Goldman to ” Neutral” on Sep 27, 2016. Monsanto Company was Upgraded by Bernstein to ” Mkt Perform” on Sep 26, 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.