Monsanto Co New (MON) Holder Tig Advisors Has Lowered Its Position by $23.89 Million; Gm Advisory Group Stake in American Express Co (AXP) Cut as Stock Price Declined

January 16, 2018 - By Clifton Ray

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 $63.37M, 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 $52.86 billion market cap company. The stock increased 0.18% or $0.22 during the last trading session, reaching $119.92. About 1.26 million shares traded. Monsanto Company (NYSE:MON) has risen 15.46% since January 16, 2017 and is uptrending. It has underperformed by 1.24% the S&P500.

Gm Advisory Group Inc decreased its stake in American Express Co (AXP) by 5.71% based on its latest 2017Q3 regulatory filing with the SEC. Gm Advisory Group Inc sold 4,800 shares as the company’s stock declined 3.65% while stock markets rallied. The hedge fund held 79,229 shares of the consumer services company at the end of 2017Q3, valued at $7.17 million, down from 84,029 at the end of the previous reported quarter. Gm Advisory Group Inc who had been investing in American Express Co for a number of months, seems to be less bullish one the $87.94B market cap company. The stock increased 0.34% or $0.34 during the last trading session, reaching $101.31. About 1.01M shares traded. American Express Company (NYSE:AXP) has risen 22.41% since January 16, 2017 and is uptrending. It has outperformed by 5.71% the S&P500.

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. The California-based First Republic Inv Inc has invested 0.09% in Monsanto Company (NYSE:MON). Chevy Chase Inc invested in 0.22% or 403,369 shares. Smith Moore & Co has 0.57% invested in Monsanto Company (NYSE:MON). Axa has invested 0.06% of its portfolio in Monsanto Company (NYSE:MON). Country Bancorp reported 218,673 shares. Assetmark stated it has 34,937 shares or 0.05% of all its holdings. Victory Capital Mgmt Inc has invested 0% in Monsanto Company (NYSE:MON). Walleye Trading Llc holds 214,587 shares. Moreover, York Capital Mngmt Advisors Ltd has 13.75% invested in Monsanto Company (NYSE:MON). Horan Capital Ltd holds 48 shares. Jefferies Group Limited Liability Company reported 70,352 shares. Kellner Capital Ltd Limited Liability Company holds 2.8% of its portfolio in Monsanto Company (NYSE:MON) for 34,650 shares. Moreover, Profund Advsr Ltd Com has 0.13% invested in Monsanto Company (NYSE:MON) for 26,205 shares. Old Mutual Glob Investors (Uk) Limited invested 0.09% of its portfolio in Monsanto Company (NYSE:MON). 2,724 were accumulated by Tiedemann Wealth Mgmt Limited Liability Co.

Since September 25, 2017, it had 0 buys, and 6 selling transactions for $6.90 million activity. MIZELL STEVEN also sold $966,720 worth of Monsanto Company (NYSE:MON) on Tuesday, January 9. $2.72M worth of stock was sold by BEGEMANN BRETT D on Monday, September 25. Another trade for 4,320 shares valued at $527,040 was made by Courduroux Pierre on Thursday, October 19. On Monday, October 16 the insider Ringenberg Nicole M sold $964,553.

Tig Advisors Llc, which manages about $3.62 billion and $1.78 billion US Long portfolio, upped its stake in Akorn Inc (NASDAQ:AKRX) by 396,318 shares to 799,218 shares, valued at $26.53M in 2017Q3, according to the filing. It also increased its holding in Time Warner Inc (NYSE:TWX) by 626,659 shares in the quarter, for a total of 2.62M shares, and has risen its stake in Alere Inc (NYSE:ALR).

Among 23 analysts covering Monsanto Company (NYSE:MON), 12 have Buy rating, 0 Sell and 11 Hold. Therefore 52% are positive. Monsanto Company had 60 analyst reports since August 25, 2015 according to SRatingsIntel. Bernstein initiated the stock with “Underperform” rating in Friday, September 11 report. Barclays Capital maintained Monsanto Company (NYSE:MON) on Thursday, January 7 with “Equal Weight” rating. RBC Capital Markets maintained it with “Hold” rating and $128.0 target in Tuesday, September 5 report. The rating was maintained by Citigroup on Monday, August 22 with “Neutral”. The company was maintained on Tuesday, June 14 by UBS. Citigroup downgraded it to “Hold” rating and $95 target in Monday, March 14 report. The rating was maintained by RBC Capital Markets with “Hold” on Monday, November 13. The stock of Monsanto Company (NYSE:MON) earned “Buy” rating by BMO Capital Markets on Wednesday, June 28. The firm has “Neutral” rating by Citigroup given on Friday, August 19. RBC Capital Markets maintained Monsanto Company (NYSE:MON) on Thursday, June 29 with “Sector Perform” rating.

Investors sentiment increased to 0.83 in Q3 2017. Its up 0.01, from 0.82 in 2017Q2. It is positive, as 47 investors sold AXP shares while 434 reduced holdings. 100 funds opened positions while 297 raised stakes. 709.03 million shares or 0.92% less from 715.61 million shares in 2017Q2 were reported. Peapack Gladstone Corporation owns 11,605 shares for 0.06% of their portfolio. Comml Bank has invested 0.01% of its portfolio in American Express Company (NYSE:AXP). Arete Wealth Advsrs Limited stated it has 0.26% in American Express Company (NYSE:AXP). Lawson Kroeker Investment Management Inc Ne owns 10,170 shares for 0.29% of their portfolio. Westchester Cap Management Inc reported 500 shares. The Colorado-based Shine Inv Advisory Service has invested 0.04% in American Express Company (NYSE:AXP). American Century invested in 4.03 million shares. 46,310 were reported by Shayne Ltd Company. Lockheed Martin Mngmt has 40,800 shares. Independent Investors holds 0.6% of its portfolio in American Express Company (NYSE:AXP) for 15,914 shares. Moreover, Comerica National Bank & Trust has 0.13% invested in American Express Company (NYSE:AXP). Boys Arnold & stated it has 0.67% of its portfolio in American Express Company (NYSE:AXP). Willingdon Wealth Mngmt reported 74 shares or 0% of all its holdings. Citadel Advsrs Limited Liability Company has 0.12% invested in American Express Company (NYSE:AXP). Cypress Asset Management Tx accumulated 3,550 shares.

Analysts await American Express Company (NYSE:AXP) to report earnings on January, 18 after the close. They expect $1.54 earnings per share, up 69.23% or $0.63 from last year’s $0.91 per share. AXP’s profit will be $1.34B for 16.45 P/E if the $1.54 EPS becomes a reality. After $1.50 actual earnings per share reported by American Express Company for the previous quarter, Wall Street now forecasts 2.67% EPS growth.

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