Monsanto Co New (MON) Stock Rose While Manning & Napier Advisors LLC Trimmed Stake

June 19, 2017 - By Dolores Ford

Investors sentiment decreased to 0.85 in 2016 Q4. Its down 0.17, from 1.02 in 2016Q3. It dived, as 79 investors sold MON shares while 323 reduced holdings. 94 funds opened positions while 248 raised stakes. 326.16 million shares or 2.74% more from 317.45 million shares in 2016Q3 were reported. Peddock Cap Advsrs reported 7 shares stake. Sumitomo Mitsui Trust Holding Incorporated stated it has 1.22 million shares or 0.21% of all its holdings. Boston Private Wealth Limited Liability Corporation owns 4,520 shares for 0.02% of their portfolio. Dnb Asset As owns 94,957 shares. Trinity Street Asset Ltd Liability Partnership holds 7.48% of its portfolio in Monsanto Company (NYSE:MON) for 457,053 shares. Sei Co holds 0.14% or 271,906 shares. Royal Financial Bank Of Scotland Gru Public Ltd Company accumulated 1.01% or 36,642 shares. Wolverine Asset Ltd Liability Corporation owns 0.02% invested in Monsanto Company (NYSE:MON) for 14,903 shares. Vanguard Grp reported 31.89 million shares. Synovus Fincl holds 0.02% or 7,128 shares in its portfolio. New Mexico Educational Retirement Board owns 46,766 shares. 3 are owned by Transamerica Finance Advsrs. Moreover, Mufg Americas has 0.03% invested in Monsanto Company (NYSE:MON). Highvista Strategies Limited has 3% invested in Monsanto Company (NYSE:MON). Washington Trust Co has 2,234 shares for 0.02% of their portfolio.

Since January 10, 2017, it had 0 insider buys, and 8 selling transactions for $25.36 million activity. Stern Michael K sold $623,702 worth of stock or 5,670 shares. $1.33 million worth of Monsanto Company (NYSE:MON) shares were sold by Preete Kerry J. 7,423 shares were sold by HOLLOWAY JANET M, worth $875,927 on Tuesday, June 13. MIZELL STEVEN had sold 2,525 shares worth $274,114 on Tuesday, January 10. $2.94M worth of stock was sold by BEGEMANN BRETT D on Thursday, June 1. GRANT HUGH also sold $17.33 million worth of Monsanto Company (NYSE:MON) shares.

Manning & Napier Advisors Llc decreased its stake in Monsanto Co New (MON) by 3.36% based on its latest 2016Q4 regulatory filing with the SEC. Manning & Napier Advisors Llc sold 143,888 shares as the company’s stock rose 6.51% with the market. The institutional investor held 4.14 million shares of the agricultural chemicals company at the end of 2016Q4, valued at $435.43M, down from 4.28 million at the end of the previous reported quarter. Manning & Napier Advisors Llc who had been investing in Monsanto Co New for a number of months, seems to be less bullish one the $51.89 billion market cap company. The stock rose 0.09% or $0.11 reaching $117.99. About 144,798 shares traded. Monsanto Company (NYSE:MON) has risen 15.46% since June 19, 2016 and is uptrending. It has underperformed by 1.24% the S&P500.

Manning & Napier Advisors Llc, which manages about $52.21B and $15.29B US Long portfolio, upped its stake in Amazon Com Inc (NASDAQ:AMZN) by 71,580 shares to 541,938 shares, valued at $406.38M in 2016Q4, according to the filing. It also increased its holding in Unilever Plc (NYSE:UL) by 134,558 shares in the quarter, for a total of 10.90 million shares, and has risen its stake in Mead Johnson Nutrition Co (NYSE:MJN).

Wall Street await Monsanto Company (NYSE:MON) to release earnings on June, 28 before the open. Analysts forecast EPS of $1.74, down exactly $0.43 or 19.82 % from 2014’s $2.17 EPS. The expected MON’s profit could reach $765.20 million giving the stock 16.95 P/E in the case that $1.74 earnings per share is reported. After posting $3.19 EPS for the previous quarter, Monsanto Company’s analysts now forecast -45.45 % negative EPS growth.

More notable recent Monsanto Company (NYSE:MON) news were published by: Huffingtonpost.com which released: “Monsanto Spin Doctors Target Cancer Scientist In Flawed Reuters Story” on June 16, 2017, also Businesswire.com with their article: “Monsanto Company Sets Webcast and Analyst Call for Third-Quarter 2017 Earnings” published on June 06, 2017, Bloomberg.com published: “BASF, Syngenta Are Among Bidders for Bayer-Monsanto Assets” on June 12, 2017. More interesting news about Monsanto Company (NYSE:MON) were released by: Seekingalpha.com and their article: “Monsanto: Majority Of Polled Americans Oppose Bayer Acquisition (Will It Matter?)” published on June 19, 2017 as well as Huffingtonpost.com‘s news article titled: “Of Mice, Monsanto And A Mysterious Tumor” with publication date: June 08, 2017.

Monsanto Company (NYSE:MON) Ratings Coverage

Among 22 analysts covering Monsanto Company (NYSE:MON), 15 have Buy rating, 0 Sell and 7 Hold. Therefore 68% are positive. Monsanto Company had 42 analyst reports since August 25, 2015 according to SRatingsIntel. The rating was maintained by Citigroup with “Neutral” on Thursday, April 7. UBS maintained Monsanto Company (NYSE:MON) rating on Tuesday, June 14. UBS has “Buy” rating and $122 target. The rating was maintained by Deutsche Bank on Thursday, September 15 with “Buy”. The rating was maintained by Stifel Nicolaus on Friday, October 9 with “Buy”. Citigroup maintained Monsanto Company (NYSE:MON) on Friday, August 19 with “Neutral” rating. The firm has “Buy” rating by Deutsche Bank given on Thursday, October 8. The company was maintained on Thursday, October 6 by Barclays Capital. The company was upgraded on Tuesday, December 1 by Atlantic Securities. The company was upgraded on Wednesday, May 25 by Jefferies. The firm earned “Neutral” rating on Monday, August 22 by Citigroup.

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