1,930 Shares in Monsanto (MON) Purchased by Lake Street Advisors Group LLC

Lake Street Advisors Group LLC bought a new stake in Monsanto (NYSE:MON) in the fourth quarter, HoldingsChannel reports. The fund bought 1,930 shares of the basic materials company’s stock, valued at approximately $225,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Gradient Investments LLC acquired a new stake in Monsanto in the 4th quarter valued at about $108,000. Americafirst Capital Management LLC acquired a new stake in Monsanto in the 3rd quarter valued at about $148,000. Elkfork Partners LLC acquired a new stake in Monsanto in the 4th quarter valued at about $162,000. Truewealth LLC acquired a new stake in Monsanto in the 4th quarter valued at about $163,000. Finally, Flinton Capital Management LLC lifted its holdings in Monsanto by 90.9% in the 4th quarter. Flinton Capital Management LLC now owns 1,764 shares of the basic materials company’s stock valued at $206,000 after acquiring an additional 840 shares during the last quarter. Hedge funds and other institutional investors own 76.21% of the company’s stock.

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Shares of Monsanto stock opened at $117.15 on Friday. 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 has a 52 week low of $113.09 and a 52 week high of $124.20. The company has a market cap of $51,639.84, a PE ratio of 21.61, a price-to-earnings-growth ratio of 1.69 and a beta of 0.95.

Monsanto (NYSE:MON) last posted its quarterly earnings data on Thursday, January 4th. The basic materials company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.01). Monsanto had a net margin of 16.38% and a return on equity of 40.13%. The firm had revenue of $2.66 billion for the quarter, compared to analysts’ expectations of $2.77 billion. During the same period in the prior year, the company posted $0.21 earnings per share. Monsanto’s quarterly revenue was up .3% compared to the same quarter last year. equities research analysts predict that Monsanto will post 5.73 EPS for the current fiscal year.

The company 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 1.84%. The ex-dividend date is Thursday, April 5th. Monsanto’s dividend payout ratio is presently 39.85%.

In other Monsanto news, EVP Steven Mizell sold 8,100 shares of the company’s stock in a transaction dated Tuesday, January 9th. The shares were sold at an average price of $119.35, for a total transaction of $966,735.00. Following the completion of the sale, the executive vice president now directly owns 56,743 shares of the company’s stock, valued at $6,772,277.05. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.79% of the stock is currently owned by corporate insiders.

MON has been the subject of a number of research analyst reports. Zacks Investment Research downgraded shares of Monsanto from a “buy” rating to a “hold” rating in a report on Monday, December 11th. Deutsche Bank reissued a “buy” rating on shares of Monsanto in a report on Tuesday, January 16th. Finally, Wells Fargo reissued a “market perform” rating and issued a $128.00 price target (up from $118.00) on shares of Monsanto in a report on Wednesday, January 17th. Eleven investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $127.30.

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Monsanto Company 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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