Monsanto (MON) Position Reduced by Goelzer Investment Management Inc.

Goelzer Investment Management Inc. decreased its position in shares of Monsanto (NYSE:MON) by 3.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,928 shares of the basic materials company’s stock after selling 1,265 shares during the period. Goelzer Investment Management Inc.’s holdings in Monsanto were worth $4,312,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Capital International Investors raised its holdings in Monsanto by 10.3% during the third quarter. Capital International Investors now owns 9,344,430 shares of the basic materials company’s stock worth $1,119,650,000 after purchasing an additional 872,377 shares in the last quarter. Independent Franchise Partners LLP raised its holdings in Monsanto by 1.8% during the third quarter. Independent Franchise Partners LLP now owns 4,185,504 shares of the basic materials company’s stock worth $501,507,000 after purchasing an additional 72,500 shares in the last quarter. Janus Henderson Group PLC raised its holdings in Monsanto by 57.1% during the third quarter. Janus Henderson Group PLC now owns 2,342,693 shares of the basic materials company’s stock worth $280,696,000 after purchasing an additional 851,369 shares in the last quarter. Legal & General Group Plc raised its holdings in Monsanto by 2.2% during the third quarter. Legal & General Group Plc now owns 2,339,225 shares of the basic materials company’s stock worth $280,276,000 after purchasing an additional 49,682 shares in the last quarter. Finally, Harding Loevner LP raised its holdings in Monsanto by 140.0% during the third quarter. Harding Loevner LP now owns 2,294,152 shares of the basic materials company’s stock worth $111,903,000 after purchasing an additional 1,338,271 shares in the last quarter. 75.62% of the stock is currently owned by hedge funds and other institutional investors.

Monsanto (NYSE:MON) opened at $119.08 on Friday. The stock has a market capitalization of $53,076.83, a price-to-earnings ratio of 21.97, a price-to-earnings-growth ratio of 1.72 and a beta of 1.01. Monsanto has a twelve month low of $106.97 and a twelve month high of $123.15. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.28 and a quick ratio of 0.79.

Monsanto (NYSE:MON) last posted its quarterly earnings results on Thursday, January 4th. The basic materials company reported $0.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.01). The company had revenue of $2.66 billion during the quarter, compared to the consensus estimate of $2.77 billion. Monsanto had a net margin of 16.38% and a return on equity of 40.13%. Monsanto’s quarterly revenue was up .3% on a year-over-year basis. During the same period in the prior year, the company posted $0.21 EPS. equities research analysts forecast that Monsanto will post 5.76 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, April 27th. Shareholders of record on Friday, April 6th will be issued a $0.54 dividend. The ex-dividend date is Thursday, April 5th. This represents a $2.16 annualized dividend and a dividend yield of 1.81%. Monsanto’s dividend payout ratio is currently 39.85%.

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

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

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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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Institutional Ownership by Quarter for Monsanto (NYSE:MON)

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