DeDora Capital Inc. Raises Position in Mondelez International, Inc. (NASDAQ:MDLZ)

DeDora Capital Inc. lifted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 5.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,295 shares of the company’s stock after buying an additional 407 shares during the period. DeDora Capital Inc.’s holdings in Mondelez International were worth $511,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of MDLZ. Pinnacle Bancorp Inc. boosted its holdings in Mondelez International by 75.9% during the 1st quarter. Pinnacle Bancorp Inc. now owns 2,621 shares of the company’s stock worth $183,000 after acquiring an additional 1,131 shares during the last quarter. Addenda Capital Inc. boosted its holdings in Mondelez International by 5.2% during the first quarter. Addenda Capital Inc. now owns 94,486 shares of the company’s stock worth $6,648,000 after purchasing an additional 4,706 shares during the last quarter. Register Financial Advisors LLC purchased a new position in Mondelez International during the first quarter worth about $142,000. Capital Asset Advisory Services LLC increased its stake in Mondelez International by 12.6% in the 1st quarter. Capital Asset Advisory Services LLC now owns 28,549 shares of the company’s stock valued at $1,941,000 after buying an additional 3,187 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC increased its stake in Mondelez International by 6.4% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 3,590 shares of the company’s stock valued at $251,000 after buying an additional 215 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

MDLZ stock traded down $0.61 during midday trading on Friday, reaching $69.89. 8,093,601 shares of the company’s stock traded hands, compared to its average volume of 9,882,163. The company has a 50-day moving average price of $70.21 and a two-hundred day moving average price of $70.91. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.43 and a current ratio of 0.77. Mondelez International, Inc. has a 52 week low of $60.75 and a 52 week high of $78.54. The firm has a market capitalization of $94.11 billion, a PE ratio of 22.19, a price-to-earnings-growth ratio of 2.44 and a beta of 0.55.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, April 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. Mondelez International had a net margin of 11.87% and a return on equity of 16.11%. The business had revenue of $9.29 billion for the quarter, compared to analysts’ expectations of $9.16 billion. During the same quarter in the previous year, the firm posted $0.89 EPS. The business’s revenue for the quarter was up 1.4% compared to the same quarter last year. As a group, equities analysts anticipate that Mondelez International, Inc. will post 3.51 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Barclays cut their target price on Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Citigroup decreased their target price on Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a research report on Thursday, April 11th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, January 18th. JPMorgan Chase & Co. decreased their price objective on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a report on Friday, April 12th. Finally, StockNews.com lowered shares of Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. One investment analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently 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.