Stephens Inc. AR lessened its position in Monsanto (NYSE:MON) by 17.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 13,984 shares of the basic materials company’s stock after selling 2,897 shares during the quarter. Stephens Inc. AR’s holdings in Monsanto were worth $1,633,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Americafirst Capital Management LLC purchased a new position in shares of Monsanto in the 3rd quarter valued at approximately $148,000. S&CO Inc. purchased a new position in shares of Monsanto in the 3rd quarter valued at approximately $216,000. McKinley Carter Wealth Services Inc. purchased a new position in shares of Monsanto in the 4th quarter valued at approximately $218,000. Corundum Group Inc. purchased a new position in shares of Monsanto in the 3rd quarter valued at approximately $228,000. Finally, Intact Investment Management Inc. purchased a new position in shares of Monsanto in the 3rd quarter valued at approximately $239,000. Institutional investors own 75.62% of the company’s stock.

MON has been the subject of a number of research analyst reports. Deutsche Bank restated a “buy” rating on shares of Monsanto in a research note on Tuesday, January 16th. Zacks Investment Research cut Monsanto from a “buy” rating to a “hold” rating in a research note on Monday, December 11th. Royal Bank of Canada restated a “hold” rating and issued a $128.00 target price on shares of Monsanto in a research note on Wednesday, November 15th. Finally, Wells Fargo & Co restated a “market perform” rating and issued a $128.00 target price (up previously from $118.00) on shares of Monsanto in a research note on Wednesday, January 17th. Eleven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $127.30.

In other Monsanto news, EVP Steven Mizell sold 8,100 shares of Monsanto stock in a transaction on Tuesday, January 9th. The stock was sold at an average price of $119.35, for a total transaction 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.79% of the stock is currently owned by insiders.

Monsanto (MON) opened at $118.64 on Friday. The stock has a market capitalization of $52,296.63, a price-to-earnings ratio of 20.71, a price-to-earnings-growth ratio of 1.70 and a beta of 1.01. Monsanto has a one year low of $106.97 and a one year high of $123.15. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.79 and a current ratio of 1.28.

Monsanto (NYSE:MON) last announced its quarterly earnings data on Thursday, January 4th. The basic materials company reported $0.41 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.01). The company had revenue of $2.66 billion for the quarter, compared to analysts’ expectations of $2.77 billion. Monsanto had a net margin of 16.38% and a return on equity of 40.13%. The firm’s quarterly revenue was up .3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.21 EPS. equities research analysts forecast that Monsanto will post 5.76 EPS for the current fiscal 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 dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date is Thursday, April 5th. Monsanto’s payout ratio is 39.85%.

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Monsanto Profile

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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Institutional Ownership by Quarter for Monsanto (NYSE:MON)

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