Tig Advisors LLC Cut Monsanto Co New (MON) Stake as Valuation Rose

January 23, 2018 - By Winifred Garcia

Investors sentiment decreased to 0.84 in 2017 Q3. Its down 0.14, from 0.98 in 2017Q2. It fall, 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. Fny Managed Accounts Ltd invested 0.01% of its portfolio in Monsanto Company (NYSE:MON). Fdx Advsrs Inc accumulated 15,344 shares. Moreover, Bb&T has 0.02% invested in Monsanto Company (NYSE:MON) for 9,961 shares. Arrowstreet Ltd Partnership stated it has 0.01% in Monsanto Company (NYSE:MON). 11,155 are held by Riverpark Advsr Lc. Jones Financial Lllp accumulated 0% or 2,248 shares. Mai Capital Management holds 0.02% in Monsanto Company (NYSE:MON) or 2,980 shares. Jane Street Gru holds 0.01% in Monsanto Company (NYSE:MON) or 24,566 shares. Hm Payson And Com holds 0.01% or 2,794 shares in its portfolio. Perigon Wealth Mngmt Limited Liability Corp reported 100 shares. Pillar Pacific Cap Management Lc has invested 0.73% in Monsanto Company (NYSE:MON). Stonebridge Capital Mgmt has invested 0.35% in Monsanto Company (NYSE:MON). Gam Ag invested in 121,289 shares or 0.61% of the stock. Citadel Advisors Lc owns 913,510 shares for 0.08% of their portfolio. Lafleur And Godfrey Llc stated it has 0.85% in Monsanto Company (NYSE:MON).

Since September 25, 2017, it had 0 buys, and 6 sales for $6.90 million activity. Another trade for 7,890 shares valued at $964,553 was sold by Ringenberg Nicole M. The insider BEGEMANN BRETT D sold 22,640 shares worth $2.72 million. Courduroux Pierre sold 4,320 shares worth $527,040. Narain Duraiswami sold 2,860 shares worth $343,200.

Carl Tiedemann decreased its stake in Monsanto Co New (MON) by 27.52% based on its latest 2017Q3 regulatory filing with the SEC. Tig Advisors Llc sold 200,786 shares as the company’s stock rose 6.51% with the market. The hedge fund run by Carl Tiedemann held 528,833 shares of the agricultural chemicals company at the end of 2017Q3, valued at $63.37 million, down from 729,619 at the end of the previous reported quarter. Tig Advisors Llc who had been investing in Monsanto Co New for a number of months, seems to be less bullish one the $53.52 billion market cap company. The stock increased 0.49% or $0.59 during the last trading session, reaching $121.58. About 3.23 million shares traded or 14.36% up from the average. Monsanto Company (NYSE:MON) has risen 15.46% since January 23, 2017 and is uptrending. It has underperformed by 1.24% the S&P500.

Tig Advisors Llc, which manages about $3.62 billion and $1.78B US Long portfolio, upped its stake in Alere Inc (NYSE:ALR) by 2.60M shares to 3.00M shares, valued at $152.80M in 2017Q3, according to the filing. It also increased its holding in Spdr S&P 500 Etf Tr (Put) (SPY) by 231,200 shares in the quarter, for a total of 672,500 shares, and has risen its stake in Straight Path Communicatns I (NYSEMKT:STRP).

More notable recent Monsanto Company (NYSE:MON) news were published by: Bizjournals.com which released: “Brazil says Monsanto soybean patent should be voided: Report” on January 23, 2018, also Seekingalpha.com with their article: “Reuters: Brazil says Monsanto’s Intacta patent should be voided” published on January 22, 2018, Seekingalpha.com published: “Monsanto’s Market Share Expands In Key Economies” on January 03, 2018. More interesting news about Monsanto Company (NYSE:MON) were released by: Reuters.com and their article: “Arkansas restricts controversial Monsanto, BASF farm chemical” published on January 19, 2018 as well as Oregonlive.com‘s news article titled: “Oregon sues Monsanto, alleges company knowingly sold toxic PCBs for decades” with publication date: January 04, 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 had 61 analyst reports since August 25, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, June 29. The firm earned “Neutral” rating on Wednesday, September 23 by Goldman Sachs. The firm has “Hold” rating given on Wednesday, January 17 by Wells Fargo. As per Friday, January 6, the company rating was upgraded by CLSA. The stock of Monsanto Company (NYSE:MON) earned “Neutral” rating by JP Morgan on Thursday, October 8. The stock of Monsanto Company (NYSE:MON) has “Equal Weight” rating given on Thursday, January 7 by Barclays Capital. The stock of Monsanto Company (NYSE:MON) earned “Hold” rating by RBC Capital Markets on Monday, October 9. As per Thursday, August 27, the company rating was maintained by Piper Jaffray. The rating was maintained by JP Morgan on Thursday, April 7 with “Neutral”. Canaccord Genuity maintained the stock with “Buy” rating in Thursday, August 27 report.

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