Monsanto Company (NYSE:MON) EVP Steven Mizell sold 11,526 shares of the stock in a transaction on Monday, October 9th. The stock was sold at an average price of $119.70, for a total value of $1,379,662.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Monsanto Company (MON) traded up 0.21% on Wednesday, hitting $119.80. 1,856,250 shares of the company’s stock traded hands. The stock has a 50-day moving average of $118.41 and a 200-day moving average of $117.18. Monsanto Company has a one year low of $97.35 and a one year high of $120.50. The stock has a market cap of $52.65 billion, a PE ratio of 23.54 and a beta of 1.07.

Monsanto (NYSE:MON) last posted its quarterly earnings results on Wednesday, October 4th. The basic materials company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.41) by $0.61. The firm had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.51 billion. Monsanto had a net margin of 15.44% and a return on equity of 42.40%. Monsanto’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.07 earnings per share. On average, equities analysts forecast that Monsanto Company will post $5.70 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 27th. Investors of record on Friday, October 6th will be given a dividend of $0.54 per share. The ex-dividend date is Thursday, October 5th. This represents a $2.16 dividend on an annualized basis and a yield of 1.80%. Monsanto’s payout ratio is presently 42.27%.

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A number of equities research analysts have issued reports on MON shares. Vetr upgraded Monsanto from a “hold” rating to a “buy” rating and set a $122.35 price target for the company in a research note on Wednesday, July 12th. Piper Jaffray Companies set a $128.00 price target on Monsanto and gave the stock a “buy” rating in a research note on Friday, August 11th. Zacks Investment Research upgraded Monsanto from a “hold” rating to a “buy” rating and set a $131.00 price target for the company in a research note on Tuesday, August 29th. BMO Capital Markets reiterated a “buy” rating and issued a $128.00 price target on shares of Monsanto in a research note on Friday, September 1st. Finally, Barclays PLC increased their price target on Monsanto from $115.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Thursday, June 29th. Eleven research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $124.61.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Puplava Financial Services Inc. boosted its position in Monsanto by 0.4% during the second quarter. Puplava Financial Services Inc. now owns 2,119 shares of the basic materials company’s stock worth $251,000 after acquiring an additional 9 shares during the last quarter. Savant Capital LLC boosted its position in Monsanto by 0.4% during the first quarter. Savant Capital LLC now owns 3,082 shares of the basic materials company’s stock worth $349,000 after acquiring an additional 11 shares during the last quarter. Guardian Life Insurance Co. of America boosted its position in Monsanto by 0.7% during the first quarter. Guardian Life Insurance Co. of America now owns 1,689 shares of the basic materials company’s stock worth $191,000 after acquiring an additional 11 shares during the last quarter. Enterprise Financial Services Corp boosted its position in Monsanto by 1.2% during the second quarter. Enterprise Financial Services Corp now owns 1,384 shares of the basic materials company’s stock worth $164,000 after acquiring an additional 16 shares during the last quarter. Finally, Forward Management LLC boosted its position in Monsanto by 0.5% during the second quarter. Forward Management LLC now owns 3,201 shares of the basic materials company’s stock worth $379,000 after acquiring an additional 16 shares during the last quarter. Hedge funds and other institutional investors own 74.81% of the company’s stock.

About Monsanto

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.

Insider Buying and Selling by Quarter for Monsanto (NYSE:MON)

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