Pointstate Capital LP Trimmed By $39.15 Million Its Monsanto Co New (Call) (MON) Position; Argan (AGX) Shorts Increased By 0.65%

October 13, 2017 - By Hazel Jackson

Pointstate Capital Lp decreased Monsanto Co New (Call) (MON) stake by 96.54% reported in 2017Q2 SEC filing. Pointstate Capital Lp sold 331,800 shares as Monsanto Co New (Call) (MON)’s stock rose 6.51%. The Pointstate Capital Lp holds 11,900 shares with $1.41M value, down from 343,700 last quarter. Monsanto Co New (Call) now has $53.77 billion valuation. The stock rose 2.11% or $2.54 reaching $122.4. About 5.49M shares traded or 175.88% up from the average. Monsanto Company (NYSE:MON) has risen 15.46% since October 13, 2016 and is uptrending. It has underperformed by 1.24% the S&P500.

Argan Incorporated (NYSE:AGX) had an increase of 0.65% in short interest. AGX’s SI was 708,500 shares in October as released by FINRA. Its up 0.65% from 703,900 shares previously. With 93,600 avg volume, 8 days are for Argan Incorporated (NYSE:AGX)’s short sellers to cover AGX’s short positions. About 56,437 shares traded. Argan, Inc. (NYSE:AGX) has risen 101.20% since October 13, 2016 and is uptrending. It has outperformed by 84.50% the S&P500.

Among 3 analysts covering Argan (NYSE:AGX), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Argan had 3 analyst reports since October 16, 2015 according to SRatingsIntel. The company was downgraded on Thursday, December 8 by Avondale. The company was initiated on Thursday, June 9 by Lake Street. The company was initiated on Friday, October 16 by Wm Smith.

Argan, Inc. is a holding company. The Company conducts activities through its subsidiaries, Gemma Power Systems, LLC and affiliates , Atlantic Projects Company Limited (APC), Southern Maryland Cable, Inc. (SMC) and The Roberts Company (Roberts). The company has market cap of $1.04 billion. Through GPS and APC, the Company’s power industry services segment provides engineering, procurement, construction, commissioning, activities management, maintenance, development, technical and consulting services to the power generation and renewable energy markets. It has a 12.23 P/E ratio. Through SMC, the telecommunications infrastructure services segment of the Company provides project management, construction, installation and maintenance services to commercial, local government and federal government customers.

Pointstate Capital Lp increased Monsanto Co New (NYSE:MON) stake by 48,800 shares to 392,500 valued at $46.46M in 2017Q2. It also upped Rice Energy Inc (NYSE:RICE) stake by 1.20M shares and now owns 8.52M shares. T Mobile Us Inc (NYSE:TMUS) was raised too.

Since May 1, 2017, it had 0 buys, and 4 sales for $5.53 million activity. HOLLOWAY JANET M sold 7,423 shares worth $875,927. 25,000 Monsanto Company (NYSE:MON) shares with value of $2.94 million were sold by BEGEMANN BRETT D. Preete Kerry J also sold $1.33 million worth of Monsanto Company (NYSE:MON) on Monday, May 1.

Investors sentiment decreased to 0.98 in Q2 2017. Its down 0.06, from 1.04 in 2017Q1. It dived, as 56 investors sold MON shares while 318 reduced holdings. 91 funds opened positions while 275 raised stakes. 308.94 million shares or 3.25% less from 319.32 million shares in 2017Q1 were reported. Argent reported 0.29% in Monsanto Company (NYSE:MON). First Republic Inv Management reported 96,136 shares or 0.09% of all its holdings. Canada Pension Plan Board accumulated 1.30M shares or 0.35% of the stock. Sumitomo Mitsui Trust owns 1.25 million shares. Amica Pension Fund Board Of Trustees reported 16,179 shares or 0.24% of all its holdings. Oz Mgmt Ltd Partnership reported 1.29% stake. South State reported 1,765 shares. Telos Capital Inc reported 0.11% in Monsanto Company (NYSE:MON). Ameritas Inv Prtnrs Inc accumulated 25,749 shares or 0.15% of the stock. Iridian Asset Mngmt Lc Ct invested in 0.02% or 15,575 shares. Highland Cap Lp holds 0.13% or 25,000 shares in its portfolio. Meyer Handelman Communication reported 123,846 shares stake. Lord Abbett & Company Ltd Liability Company owns 356,844 shares. The Wisconsin-based Provident has invested 0.02% in Monsanto Company (NYSE:MON). Addenda Cap invested in 0.52% or 60,439 shares.

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