Alpine Associates Management INC Has Upped Its Stake in Monsanto Co New (MON) by $188.34 Million

January 20, 2018 - By Stephen Andrade

Investors sentiment decreased to 0.84 in 2017 Q3. Its down 0.14, from 0.98 in 2017Q2. It worsened, as 48 investors sold MON shares while 342 reduced holdings. 84 funds opened positions while 244 raised stakes. 321.42 million shares or 4.04% more from 308.94 million shares in 2017Q2 were reported. Town Country Bancorporation Com Dba First Bankers Com has 6,406 shares. State Of Wisconsin Inv Board stated it has 788,898 shares or 0.28% of all its holdings. Moreover, Holderness Invs has 0.11% invested in Monsanto Company (NYSE:MON). Boys Arnold And holds 0.03% of its portfolio in Monsanto Company (NYSE:MON) for 1,707 shares. Moreover, Moon Capital Lc has 2.64% invested in Monsanto Company (NYSE:MON). Charter Trust holds 9,620 shares or 0.14% of its portfolio. Exchange Cap Mgmt Inc reported 15 shares. Cap Ca reported 0.59% stake. Lombard Odier Asset Management (Switzerland) accumulated 2,787 shares. Ferguson Wellman Capital Management invested in 0.03% or 6,473 shares. Clearbridge Invests Ltd Llc accumulated 3.32 million shares. Weitz Investment Mgmt holds 0.95% or 192,022 shares. Rand Wealth Ltd Liability, a California-based fund reported 18,445 shares. Burke & Herbert Bancshares Company reported 0.25% in Monsanto Company (NYSE:MON). Comerica Commercial Bank holds 0.1% in Monsanto Company (NYSE:MON) or 115,874 shares.

Since September 25, 2017, it had 0 insider purchases, and 6 selling transactions for $6.90 million activity. MIZELL STEVEN sold 8,100 shares worth $966,720. BEGEMANN BRETT D sold $2.72M worth of stock. Courduroux Pierre sold $527,040 worth of stock. Another trade for 2,860 shares valued at $343,200 was sold by Narain Duraiswami.

Robert Emil Zoellner increased its stake in Monsanto Co New (MON) by 1953.93% based on its latest 2017Q3 regulatory filing with the SEC. Alpine Associates Management Inc bought 1.58 million shares as the company’s stock rose 6.51% with the market. The hedge fund run by Robert Emil Zoellner held 1.66 million shares of the agricultural chemicals company at the end of 2017Q3, valued at $199.34M, up from 81,000 at the end of the previous reported quarter. Alpine Associates Management Inc who had been investing in Monsanto Co New for a number of months, seems to be bullish on the $53.12B market cap company. The stock increased 1.51% or $1.8 during the last trading session, reaching $120.66. About 6.99M shares traded or 147.91% up from the average. Monsanto Company (NYSE:MON) has risen 15.46% since January 20, 2017 and is uptrending. It has underperformed by 1.24% the S&P500.

More notable recent Monsanto Company (NYSE:MON) news were published by: Seekingalpha.com which released: “Monsanto to test dicamba-resistant GMO soy seed in Brazil” on January 11, 2018, also Seekingalpha.com with their article: “Monsanto’s Market Share Expands In Key Economies” published on January 03, 2018, Reuters.com published: “Monsanto wins support from 11 US states in California cancer dispute” on January 03, 2018. More interesting news about Monsanto Company (NYSE:MON) were released by: Oregonlive.com and their article: “Oregon sues Monsanto, alleges company knowingly sold toxic PCBs for decades” published on January 04, 2018 as well as Nasdaq.com‘s news article titled: “Monsanto Company (MON) Ex-Dividend Date Scheduled for January 04, 2018” with publication date: January 03, 2018.

Monsanto Company (NYSE:MON) Ratings Coverage

Among 23 analysts covering Monsanto Company (NYSE:MON), 12 have Buy rating, 0 Sell and 11 Hold. Therefore 52% are positive. Monsanto Company has $134 highest and $83 lowest target. $116.50’s average target is -3.45% below currents $120.66 stock price. Monsanto Company had 61 analyst reports since August 25, 2015 according to SRatingsIntel. The stock of Monsanto Company (NYSE:MON) has “Hold” rating given on Tuesday, September 5 by RBC Capital Markets. The stock has “Buy” rating by Deutsche Bank on Thursday, September 15. The stock has “Neutral” rating by JP Morgan on Thursday, October 8. The stock of Monsanto Company (NYSE:MON) earned “Overweight” rating by Morgan Stanley on Thursday, August 27. The stock of Monsanto Company (NYSE:MON) has “Neutral” rating given on Tuesday, June 27 by Susquehanna. The stock of Monsanto Company (NYSE:MON) has “Hold” rating given on Wednesday, January 17 by Wells Fargo. The rating was upgraded by Atlantic Securities on Tuesday, December 1 to “Overweight”. Bernstein initiated Monsanto Company (NYSE:MON) rating on Friday, September 11. Bernstein has “Underperform” rating and $85 target. Jefferies maintained it with “Hold” rating and $128.0 target in Monday, August 14 report. The company was upgraded on Tuesday, September 27 by Goldman Sachs.

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