Monsanto (MON) Short Interest Update

Monsanto (NYSE:MON) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 6,982,967 shares, an increase of 55.0% from the January 12th total of 4,503,823 shares. Based on an average trading volume of 3,349,657 shares, the days-to-cover ratio is currently 2.1 days. Currently, 1.6% of the shares of the company are short sold.

Shares of Monsanto (MON) opened at $120.18 on Thursday. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.28 and a quick ratio of 0.79. The company has a market capitalization of $52,980.00, a PE ratio of 22.21, a price-to-earnings-growth ratio of 1.72 and a beta of 1.01. Monsanto has a 1 year low of $107.44 and a 1 year high of $123.15.

Monsanto (NYSE:MON) last issued its quarterly earnings results on Thursday, January 4th. The basic materials company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.01). The company had revenue of $2.66 billion during the quarter, compared to analysts’ expectations of $2.77 billion. Monsanto had a return on equity of 40.13% and a net margin of 16.38%. The business’s quarterly revenue was up .3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.21 EPS. sell-side analysts expect that Monsanto will post 5.76 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, April 27th. Shareholders of record on Friday, April 6th will be given a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date of this dividend is Thursday, April 5th. Monsanto’s payout ratio is 39.93%.

A number of research analysts have weighed in on the company. Royal Bank of Canada reissued a “hold” rating and issued a $128.00 target price on shares of Monsanto in a report on Wednesday, November 15th. Wells Fargo & Co reissued a “market perform” rating and issued a $128.00 target price (up previously from $118.00) on shares of Monsanto in a report on Wednesday, January 17th. Deutsche Bank reissued a “buy” rating on shares of Monsanto in a report on Tuesday, January 16th. Finally, Zacks Investment Research downgraded Monsanto from a “buy” rating to a “hold” rating in a report on Monday, December 11th. Eleven research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $127.30.

In other Monsanto news, EVP Steven Mizell sold 8,100 shares of the stock in a transaction dated Tuesday, January 9th. The stock was sold at an average price of $119.35, for a total value of $966,735.00. Following the transaction, the executive vice president now owns 56,743 shares of the company’s stock, valued at $6,772,277.05. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.70% of the stock is currently owned by corporate insiders.

A number of institutional investors and hedge funds have recently modified their holdings of MON. Gradient Investments LLC purchased a new stake in shares of Monsanto during the fourth quarter worth about $108,000. Americafirst Capital Management LLC purchased a new stake in shares of Monsanto during the third quarter worth about $148,000. Tyers Asset Management LLC grew its position in shares of Monsanto by 90.9% during the fourth quarter. Tyers Asset Management LLC now owns 1,386 shares of the basic materials company’s stock worth $162,000 after purchasing an additional 660 shares in the last quarter. Truewealth LLC purchased a new stake in shares of Monsanto during the fourth quarter worth about $163,000. Finally, Flinton Capital Management LLC grew its position in shares of Monsanto by 90.9% during the fourth quarter. Flinton Capital Management LLC now owns 1,764 shares of the basic materials company’s stock worth $206,000 after purchasing an additional 840 shares in the last quarter. Institutional investors and hedge funds own 74.62% of the company’s stock.

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Monsanto Company Profile

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.

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