1,062 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Purchased by AJOVista LLC

AJOVista LLC acquired a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) in the 4th quarter, Holdings Channel reports. The fund acquired 1,062 shares of the company’s stock, valued at approximately $77,000.

A number of other hedge funds have also made changes to their positions in MDLZ. Barclays PLC lifted its holdings in shares of Mondelez International by 48.8% in the third quarter. Barclays PLC now owns 4,948,322 shares of the company’s stock valued at $343,411,000 after buying an additional 1,623,588 shares during the period. Canada Pension Plan Investment Board increased its holdings in shares of Mondelez International by 44.5% in the third quarter. Canada Pension Plan Investment Board now owns 3,766,132 shares of the company’s stock valued at $261,370,000 after buying an additional 1,159,900 shares in the last quarter. J.P. Morgan Private Wealth Advisors LLC purchased a new position in shares of Mondelez International in the third quarter worth approximately $71,311,000. Envestnet Asset Management Inc. raised its position in Mondelez International by 38.1% during the third quarter. Envestnet Asset Management Inc. now owns 3,264,142 shares of the company’s stock valued at $226,531,000 after buying an additional 900,445 shares during the period. Finally, Burgundy Asset Management Ltd. boosted its position in Mondelez International by 52.7% during the third quarter. Burgundy Asset Management Ltd. now owns 2,430,258 shares of the company’s stock worth $168,660,000 after purchasing an additional 838,651 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Trading Down 0.9 %

Mondelez International stock traded down $0.61 during trading hours on Friday, reaching $69.89. 8,093,601 shares of the company’s stock were exchanged, compared to its average volume of 9,882,163. The firm has a market capitalization of $94.11 billion, a PE ratio of 22.19, a PEG ratio of 2.42 and a beta of 0.55. The company has a quick ratio of 0.43, a current ratio of 0.77 and a debt-to-equity ratio of 0.59. The firm’s 50 day simple moving average is $70.21 and its 200 day simple moving average is $70.91. Mondelez International, Inc. has a twelve month low of $60.75 and a twelve month high of $78.54.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, April 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.06. The firm had revenue of $9.29 billion for the quarter, compared to analyst estimates of $9.16 billion. Mondelez International had a return on equity of 16.11% and a net margin of 11.87%. The company’s revenue was up 1.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.89 earnings per share. Research analysts predict that Mondelez International, Inc. will post 3.5 earnings per share for the current year.

Analysts Set New Price Targets

MDLZ has been the topic of a number of analyst reports. Stifel Nicolaus upped their target price on shares of Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. JPMorgan Chase & Co. dropped their price objective on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a research report on Friday, April 12th. Sanford C. Bernstein lifted their target price on Mondelez International from $88.00 to $90.00 and gave the company an “outperform” rating in a research note on Wednesday. Citigroup lowered their price objective on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a research report on Thursday, April 11th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, January 18th. One analyst has rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $80.75.

Mondelez International Profile

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.