Uss Investment Management Ltd Lowers stake in Monsanto Company (MON)

Monsanto Company (MON) : Uss Investment Management Ltd reduced its stake in Monsanto Company by 27.33% during the most recent quarter end. The investment management company now holds a total of 718,000 shares of Monsanto Company which is valued at $74,930,480 after selling 270,000 shares in Monsanto Company , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Monsanto Company makes up approximately 1.24% of Uss Investment Management Ltd’s portfolio.

Other Hedge Funds, Including , Agf Investments reduced its stake in MON by selling 53,709 shares or 72.54% in the most recent quarter. The Hedge Fund company now holds 20,333 shares of MON which is valued at $2,121,952. Monsanto Company makes up approx 0.02% of Agf Investments’s portfolio. Fny Managed Accounts added MON to its portfolio by purchasing 8,100 company shares during the most recent quarter which is valued at $864,675. Monsanto Company makes up approx 0.85% of Fny Managed Accounts’s portfolio.Dowling Yahnke boosted its stake in MON in the latest quarter, The investment management firm added 186 additional shares and now holds a total of 4,495 shares of Monsanto Company which is valued at $475,032. Monsanto Company makes up approx 0.05% of Dowling Yahnke’s portfolio.Farmers Merchants Investments Inc reduced its stake in MON by selling 2,351 shares or 30.89% in the most recent quarter. The Hedge Fund company now holds 5,261 shares of MON which is valued at $561,664. Monsanto Company makes up approx 0.06% of Farmers Merchants Investments Inc’s portfolio.Heritage Investors Management Corp boosted its stake in MON in the latest quarter, The investment management firm added 8,277 additional shares and now holds a total of 137,339 shares of Monsanto Company which is valued at $14,618,363. Monsanto Company makes up approx 1.06% of Heritage Investors Management Corp’s portfolio.

Monsanto Company opened for trading at $104.36 and hit $106.94 on the upside on Thursday, eventually ending the session at $106.42, with a gain of 1.97% or 2.06 points. The heightened volatility saw the trading volume jump to 49,51,389 shares. Company has a market cap of $46,567 M.

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.

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