274,550 Shares in Mondelez International, Inc. (MDLZ) Acquired by Crossmark Global Holdings Inc.
Crossmark Global Holdings Inc. acquired a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 274,550 shares of the company’s stock, valued at approximately $11,163,000.
A number of other large investors have also bought and sold shares of the stock. Proficio Capital Partners LLC lifted its stake in Mondelez International by 637.3% during the first quarter. Proficio Capital Partners LLC now owns 2,271 shares of the company’s stock worth $105,000 after purchasing an additional 1,963 shares during the last quarter. Acrospire Investment Management LLC lifted its stake in Mondelez International by 1,450.0% during the second quarter. Acrospire Investment Management LLC now owns 3,100 shares of the company’s stock worth $134,000 after purchasing an additional 2,900 shares during the last quarter. Chicago Partners Investment Group LLC lifted its stake in Mondelez International by 2,056.3% during the second quarter. Chicago Partners Investment Group LLC now owns 3,601 shares of the company’s stock worth $157,000 after purchasing an additional 3,434 shares during the last quarter. Rockefeller Financial Services Inc. lifted its stake in Mondelez International by 300.0% during the third quarter. Rockefeller Financial Services Inc. now owns 4,000 shares of the company’s stock worth $163,000 after purchasing an additional 3,000 shares during the last quarter. Finally, Parkside Financial Bank & Trust lifted its stake in Mondelez International by 8.3% during the second quarter. Parkside Financial Bank & Trust now owns 4,076 shares of the company’s stock worth $176,000 after purchasing an additional 311 shares during the last quarter. 75.86% of the stock is owned by institutional investors.
In other Mondelez International news, Director Lewis W. K. Booth purchased 1,500 shares of Mondelez International stock in a transaction that occurred on Thursday, November 9th. The shares were bought at an average price of $41.29 per share, for a total transaction of $61,935.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Daniel P. Myers sold 7,000 shares of the business’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $40.94, for a total value of $286,580.00. Following the transaction, the executive vice president now owns 20,965 shares in the company, valued at approximately $858,307.10. The disclosure for this sale can be found here. 3.60% of the stock is owned by insiders.
Several equities research analysts have issued reports on the company. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Mondelez International in a research note on Friday, September 1st. UBS reaffirmed a “buy” rating and set a $51.00 price target on shares of Mondelez International in a research note on Wednesday, August 9th. Susquehanna Bancshares set a $45.00 price objective on Mondelez International and gave the stock a “hold” rating in a report on Monday, October 30th. Zacks Investment Research downgraded Mondelez International from a “buy” rating to a “hold” rating in a report on Tuesday, October 17th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $55.00 price objective on shares of Mondelez International in a report on Wednesday, September 20th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Mondelez International has a consensus rating of “Buy” and a consensus target price of $49.40.
Mondelez International, Inc. (NASDAQ MDLZ) opened at $42.92 on Monday. The company has a market capitalization of $64,139.13, a PE ratio of 20.94, a PEG ratio of 1.77 and a beta of 0.98. The company has a quick ratio of 0.34, a current ratio of 0.51 and a debt-to-equity ratio of 0.49. Mondelez International, Inc. has a twelve month low of $39.19 and a twelve month high of $47.23.
Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Monday, October 30th. The company reported $0.57 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.03. The firm had revenue of $6.53 billion for the quarter, compared to the consensus estimate of $6.45 billion. Mondelez International had a return on equity of 12.31% and a net margin of 8.61%. The company’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.52 earnings per share. research analysts expect that Mondelez International, Inc. will post 2.14 EPS for the current year.
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Mondelez International Company Profile
Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.
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