Monsanto Company (NYSE:MON) was downgraded by BidaskClub from a “hold” rating to a “sell” rating in a research report issued on Sunday.

A number of other analysts have also issued reports on MON. Vetr lowered Monsanto Company from a “buy” rating to a “hold” rating and set a $118.00 target price for the company. in a report on Tuesday, March 21st. Jefferies Group LLC restated a “buy” rating and issued a $128.00 target price on shares of Monsanto Company in a report on Tuesday, March 28th. Royal Bank Of Canada restated a “hold” rating and issued a $118.00 target price on shares of Monsanto Company in a report on Tuesday, March 28th. BMO Capital Markets restated a “buy” rating and issued a $128.00 target price on shares of Monsanto Company in a report on Wednesday, April 5th. Finally, Citigroup Inc. restated a “neutral” rating and issued a $125.00 target price (up previously from $122.00) on shares of Monsanto Company in a report on Friday, April 14th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the company’s stock. Monsanto Company has a consensus rating of “Hold” and a consensus target price of $123.15.

Monsanto Company (NYSE MON) traded up 0.53% during trading on Friday, hitting $117.10. The stock had a trading volume of 1,410,454 shares. The stock has a market cap of $51.44 billion, a PE ratio of 25.29 and a beta of 1.08. Monsanto Company has a 1-year low of $97.35 and a 1-year high of $118.97. The firm’s 50-day moving average price is $117.17 and its 200-day moving average price is $112.81.

Monsanto Company (NYSE:MON) last released its earnings results on Wednesday, June 28th. The basic materials company reported $1.93 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.74 by $0.19. The company had revenue of $4.23 billion during the quarter, compared to analyst estimates of $4.18 billion. Monsanto Company had a return on equity of 45.26% and a net margin of 14.11%. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.17 earnings per share. On average, equities research analysts predict that Monsanto Company will post $4.89 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 28th. Stockholders of record on Friday, July 7th will be given a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 1.84%. The ex-dividend date is Wednesday, July 5th. Monsanto Company’s dividend payout ratio is currently 46.75%.

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In related news, EVP Robert T. Fraley sold 52,410 shares of the stock in a transaction dated Monday, July 10th. The shares were sold at an average price of $117.95, for a total value of $6,181,759.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Janet M. Holloway sold 3,337 shares of the stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $118.00, for a total transaction of $393,766.00. Following the completion of the sale, the senior vice president now owns 44,405 shares of the company’s stock, valued at approximately $5,239,790. The disclosure for this sale can be found here. In the last quarter, insiders sold 166,756 shares of company stock valued at $19,516,736. 0.79% of the stock is owned by corporate insiders.

Large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. boosted its stake in Monsanto Company by 2,390.1% in the first quarter. BlackRock Inc. now owns 26,192,816 shares of the basic materials company’s stock valued at $2,965,029,000 after buying an additional 25,140,936 shares during the last quarter. State Street Corp boosted its stake in Monsanto Company by 1.2% in the first quarter. State Street Corp now owns 20,153,966 shares of the basic materials company’s stock valued at $2,281,433,000 after buying an additional 234,582 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Monsanto Company by 3.6% in the first quarter. Massachusetts Financial Services Co. MA now owns 14,299,502 shares of the basic materials company’s stock valued at $1,618,703,000 after buying an additional 499,639 shares during the last quarter. Geode Capital Management LLC boosted its stake in Monsanto Company by 7.7% in the first quarter. Geode Capital Management LLC now owns 4,125,879 shares of the basic materials company’s stock valued at $466,359,000 after buying an additional 295,452 shares during the last quarter. Finally, Flossbach Von Storch AG boosted its stake in Monsanto Company by 33.9% in the first quarter. Flossbach Von Storch AG now owns 4,089,400 shares of the basic materials company’s stock valued at $462,920,000 after buying an additional 1,034,400 shares during the last quarter. Institutional investors and hedge funds own 74.87% of the company’s stock.

About Monsanto Company

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.

Analyst Recommendations for Monsanto Company (NYSE:MON)

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