Monsanto Company (MON) : Rockland Trust Co reduced its stake in Monsanto Company by 0.24% during the most recent quarter end. The investment management company now holds a total of 115,755 shares of Monsanto Company which is valued at $12,232,988 after selling 282 shares in Monsanto Company , the firm said in a disclosure report filed with the SEC on Jul 20, 2016.Monsanto Company makes up approximately 2.02% of Rockland Trust Co’s portfolio.
Other Hedge Funds, Including , Addison Capital Co reduced its stake in MON by selling 637 shares or 3.6% in the most recent quarter. The Hedge Fund company now holds 17,050 shares of MON which is valued at $1,801,844. Monsanto Company makes up approx 1.57% of Addison Capital Co’s portfolio.Telemus Capital boosted its stake in MON in the latest quarter, The investment management firm added 189 additional shares and now holds a total of 4,724 shares of Monsanto Company which is valued at $504,334. Monsanto Company makes up approx 0.06% of Telemus Capital’s portfolio.Advocacy Wealth Management Services reduced its stake in MON by selling 4 shares or 13.79% in the most recent quarter. The Hedge Fund company now holds 25 shares of MON which is valued at $2,661. Kempner Capital Management sold out all of its stake in MON during the most recent quarter. The investment firm sold 49,945 shares of MON which is valued $5,128,353.
Monsanto Company closed down -0.11 points or -0.10% at $106.76 with 27,11,013 shares getting traded on Wednesday. Post opening the session at $106.94, the shares hit an intraday low of $106.7 and an intraday high of $107.64 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
On the company’s financial health, Monsanto Company reported $2.17 EPS for the quarter, missing the analyst consensus estimate by $ -0.23 based on the information available during the earnings call on Jun 29, 2016. Analyst had a consensus of $2.40. The company had revenue of $4189.00 million for the quarter, compared to analysts expectations of $4487.57 million. The company’s revenue was down -8.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $2.39 EPS.
Many Wall Street Analysts have commented on Monsanto Company. Monsanto Company was Upgraded by Jefferies to ” Buy” on May 25, 2016.
Monsanto Company (Monsanto) is a provider of agricultural products for farmers. The Company’s seeds biotechnology trait products and herbicides provide farmers with solutions that improve productivity reduce the costs of farming and produce better foods for consumers and better feed for animals. It manages business in two segments: Seeds and Genomics and Agricultural Productivity. Through its Seeds and Genomics segment it produces seed brands including DEKALB Asgrow Deltapine Seminis and De Ruiter and it develops biotechnology traits that assist farmers in controlling insects and weeds. Through its Agricultural Productivity segment it manufactures Roundup brand herbicides and other herbicides and provides lawn-and-garden herbicide products for the residential market.