Burren Capital Advisors Ltd boosted its holdings in shares of Monsanto (NYSE:MON) by 26.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 77,300 shares of the basic materials company’s stock after acquiring an additional 16,150 shares during the quarter. Monsanto makes up approximately 36.5% of Burren Capital Advisors Ltd’s portfolio, making the stock its largest holding. Burren Capital Advisors Ltd’s holdings in Monsanto were worth $9,020,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also modified their holdings of MON. Summit Trail Advisors LLC grew its holdings in Monsanto by 10,659.8% during the first quarter. Summit Trail Advisors LLC now owns 184,100 shares of the basic materials company’s stock valued at $184,000 after purchasing an additional 182,389 shares during the last quarter. Gyroscope Capital Management Group LLC acquired a new position in Monsanto during the first quarter valued at approximately $352,000. Rational Advisors LLC grew its holdings in Monsanto by 6.5% during the first quarter. Rational Advisors LLC now owns 6,922 shares of the basic materials company’s stock valued at $807,000 after purchasing an additional 422 shares during the last quarter. Moors & Cabot Inc. grew its holdings in Monsanto by 16.6% during the first quarter. Moors & Cabot Inc. now owns 5,342 shares of the basic materials company’s stock valued at $623,000 after purchasing an additional 762 shares during the last quarter. Finally, Gables Capital Management Inc. acquired a new position in Monsanto during the first quarter valued at approximately $257,000. 74.99% of the stock is currently owned by hedge funds and other institutional investors.
Several equities analysts have commented on MON shares. ValuEngine upgraded Monsanto from a “hold” rating to a “buy” rating in a report on Monday, April 9th. BMO Capital Markets downgraded Monsanto from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 10th. Sanford C. Bernstein reiterated a “neutral” rating and set a $119.00 price target on shares of Monsanto in a report on Monday, April 9th. Argus downgraded Monsanto from a “buy” rating to a “sell” rating in a report on Monday, April 16th. Finally, Zacks Investment Research downgraded shares of Monsanto from a “hold” rating to a “sell” rating in a research note on Monday, April 9th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have assigned a buy rating to the company. Monsanto has a consensus rating of “Hold” and an average target price of $126.61.
Shares of Monsanto opened at $127.95 on Tuesday, MarketBeat reports. The firm has a market capitalization of $56.40 billion, a PE ratio of 23.26, a P/E/G ratio of 2.64 and a beta of 0.97. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.85 and a current ratio of 1.41. Monsanto has a 1 year low of $114.19 and a 1 year high of $127.97.
Monsanto (NYSE:MON) last announced its quarterly earnings data on Thursday, April 5th. The basic materials company reported $3.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.31 by ($0.09). The company had revenue of $5.02 billion during the quarter, compared to analyst estimates of $5.34 billion. Monsanto had a return on equity of 37.31% and a net margin of 17.07%. The company’s revenue was down 1.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.19 EPS. sell-side analysts anticipate that Monsanto will post 5.7 earnings per share for the current year.
Monsanto Company, together with its subsidiaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. The Seeds and Genomics segment produces row crop seeds, including corn, soybean, cotton, and canola seeds under the DEKALB, Asgrow, and Deltapine brands; and vegetable seeds, such as tomato, pepper, melon, cucumber, squash, beans, broccoli, onions, lettuce, and others under the Seminis and De Ruiter brands.
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