Traders Buy Shares of Monsanto (MON) on Weakness

Investors bought shares of Monsanto (NYSE:MON) on weakness during trading on Tuesday. $95.36 million flowed into the stock on the tick-up and $39.53 million flowed out of the stock on the tick-down, for a money net flow of $55.83 million into the stock. Of all stocks tracked, Monsanto had the 29th highest net in-flow for the day. Monsanto traded down ($0.48) for the day and closed at $120.31

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

The company has a current ratio of 1.28, a quick ratio of 0.79 and a debt-to-equity ratio of 1.05. The firm has a market cap of $53,030.00, a P/E ratio of 22.24, a PEG ratio of 1.73 and a beta of 1.01.

Monsanto (NYSE:MON) last released its quarterly earnings data on Thursday, January 4th. The basic materials company reported $0.41 earnings per share (EPS) for the quarter, missing the 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 analyst estimates of $2.77 billion. During the same quarter in the prior year, the company earned $0.21 EPS. The business’s revenue was up .3% on a year-over-year basis. research analysts anticipate that Monsanto will post 5.76 earnings per share for the current year.

The business also recently disclosed 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. The ex-dividend date of this dividend is Thursday, April 5th. This represents a $2.16 annualized dividend and a yield of 1.80%. Monsanto’s dividend payout ratio is presently 39.93%.

In other Monsanto news, EVP Steven Mizell sold 8,100 shares of the company’s stock in a transaction 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 completion of the transaction, the executive vice president now owns 56,743 shares in the company, valued at $6,772,277.05. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.70% of the company’s stock.

Several large investors have recently made changes to their positions in MON. Gradient Investments LLC purchased a new stake in shares of Monsanto in the fourth quarter valued at about $108,000. Americafirst Capital Management LLC purchased a new stake in shares of Monsanto in the third quarter valued at about $148,000. Tyers Asset Management LLC raised its holdings in shares of Monsanto by 90.9% in the fourth quarter. Tyers Asset Management LLC now owns 1,386 shares of the basic materials company’s stock valued at $162,000 after buying an additional 660 shares during the last quarter. Truewealth LLC purchased a new stake in shares of Monsanto in the fourth quarter valued at about $163,000. Finally, Flinton Capital Management LLC raised its holdings in shares of Monsanto by 90.9% in the fourth quarter. Flinton Capital Management LLC now owns 1,764 shares of the basic materials company’s stock valued at $206,000 after buying an additional 840 shares during the last quarter. 73.70% of the stock is owned by institutional investors and hedge funds.

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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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