Twin Securities INC Position In Monsanto Co New (MON) Was Has Boosted

Lloyd Doyle
December 8, 2017

The basic materials company reported $0.20 earnings per share for the quarter, topping analysts' consensus estimates of ($0.41) by $0.61. The stock increased 0.05% or $0.06 during the last trading session, reaching $118.14. 1,981,900 shares of the company's stock traded hands, compared to its average volume of 1,962,239. More interesting news about Monsanto Company (NYSE:MON) were released by: Reuters.com and their article: "Monsanto will prevail in Brazil patent dispute, South American CEO says" published on December 06, 2017 as well as Bizjournals.com's news article titled: "4 St. Louis companies land on Glassdoor's Best Places to Work list" with publication date: December 06, 2017. It has underperformed by 1.24% the S&P500.

Craig C. Albert decreased its stake in Monsanto Co New (MON) by 5.87% based on its latest 2017Q2 regulatory filing with the SEC. The Jd Capital Management Llc holds 300,700 shares with $35.59 million value, up from 265,400 last quarter. The company has market cap of $217.85 million. Following the completion of the transaction, the chief operating officer now owns 85,439 shares of the company's stock, valued at approximately $10,255,243.17. About 450,463 shares traded. Duluth Holdings Inc. (DLTH) has declined 9.53% since December 7, 2016 and is downtrending. It has outperformed by 40.53% the S&P500.

Since June 13, 2017, it had 0 insider purchases, and 1 insider sale for $875,927 activity. Moreover, Ballentine Prns Ltd Llc has 0.02% invested in Monsanto Company (NYSE:MON) for 2,340 shares. Therefore 52% are positive. Monsanto's revenue was up 4.8% compared to the same quarter last year. equities research analysts anticipate that Monsanto Company will post 5.74 earnings per share for the current fiscal year. Monsanto Company (NYSE:MON) has risen 15.46% since December 6, 2016 and is uptrending. On Thursday, October 6 the stock rating was maintained by Barclays Capital with "Equal-Weight". The firm has "Buy" rating given on Wednesday, January 25 by Guggenheim. The company was maintained on Thursday, August 27 by Piper Jaffray. On Wednesday, September 30 the stock rating was maintained by Deutsche Bank with "Buy". On Friday, October 9 the stock rating was maintained by Argus Research with "Buy". The stock of Monsanto Company (NYSE:MON) has "Buy" rating given on Tuesday, August 25 by Canaccord Genuity. The stock of Monsanto Company (NYSE:MON) earned "Underperform" rating by Bernstein on Friday, September 11.

Investors of record on Friday, January 5th will be issued a $0.54 dividend. The company has a quick ratio of 0.83, a current ratio of 1.35 and a debt-to-equity ratio of 1.12.


Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Nordea Investment Management AB raised its stake in shares of Monsanto Company by 1.1% in the third quarter. 308.94 million shares or 3.25% less from 319.32 million shares in 2017Q1 were reported. California State Teachers Retirement stated it has 814,666 shares. Corporate insiders own 0.79% of the company's stock. Auxier Asset holds 0.15% in Monsanto Company (NYSE:MON) or 6,010 shares. Jet LP accumulated 150,000 shares. Duluth Trading Co had 19 analyst reports since December 15, 2015 according to SRatingsIntel. Lee Financial Co grew its holdings in shares of Monsanto by 0.3% in the second quarter. The correct version of this news story can be viewed at https://www.dispatchtribunal.com/2017/12/07/british-columbia-investment-management-corp-has-24-million-stake-in-monsanto-company-mon.html. Loomis Sayles Lp reported 115,611 shares.

State Treasurer State of MI increased its stake in shares of Monsanto Company (NYSE:MON) by 166.0% during the first quarter, according to its most recent Form 13F filing with the SEC. Point72 Asset Mngmt Limited Partnership holds 0.22% or 332,285 shares. Tctc Hldgs Llc has invested 0.02% in Monsanto Company (NYSE:MON). Adirondack Trust holds 0.02% of its portfolio in Monsanto Company (NYSE:MON) for 160 shares. Its down 0.01, from 1.15 in 2017Q1. Thornburg Invest Incorporated reported 87,659 shares. 59 funds opened positions while 108 raised stakes. Hightower Advsr Ltd holds 69,392 shares or 0.07% of its portfolio. 17,006 were reported by Estabrook Cap Mgmt. (NASDAQ:ENT) on Tuesday, September 19 with "Hold" rating. (NASDAQ:PTC) for 212,600 shares. The institutional investor owned 18,500 shares of the basic materials company's stock after selling 4,800 shares during the period. Baldwin Inv Mngmt Ltd Liability Corporation reported 2,000 shares. Pub Employees Retirement System Of Ohio owns 312,801 shares. One research analyst has rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the stock. Therefore 79% are positive.

A number of brokerages have recently issued reports on Monday. The rating was maintained by Jefferies on Monday, August 14 with "Hold". The stock has "Sector Perform" rating by RBC Capital Markets on Thursday, February 23.

A number of other hedge funds have also recently modified their holdings of the stock. The firm has "Buy" rating by BMO Capital Markets given on Friday, September 1. On Friday, May 27 the stock rating was downgraded by Atlantic Securities to "Neutral". Barclays Capital has "Overweight" rating and $69 target. The company now has a consensus rating of "Buy" and a consensus price target of $121.07. Vigilant Limited Liability Co invested 0.1% of its portfolio in Monsanto Company (NYSE:MON). The rating was maintained by M Partners with "Neutral" on Thursday, August 20. KeyBanc Capital Markets maintained PTC Inc. The company was downgraded on Tuesday, August 18 by Zacks. During the same period in the prior year, the company earned $0.07 earnings per share. MON's profit will be $167.28M for 77.70 P/E if the $0.38 EPS becomes a reality. After $0.23 actual earnings per share reported by PTC Inc. for the previous quarter, Wall Street now forecasts -26.09% negative EPS growth.

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