Ensign Peak Advisors Inc Raises Holdings in Mondelez International, Inc. $MDLZ

Ensign Peak Advisors Inc lifted its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 12.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,605,794 shares of the company’s stock after purchasing an additional 395,430 shares during the quarter. Ensign Peak Advisors Inc owned about 0.28% of Mondelez International worth $243,175,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Rossby Financial LCC grew its holdings in shares of Mondelez International by 966.7% during the second quarter. Rossby Financial LCC now owns 448 shares of the company’s stock valued at $30,000 after buying an additional 406 shares during the last quarter. Aspect Partners LLC raised its stake in Mondelez International by 180.5% in the 2nd quarter. Aspect Partners LLC now owns 474 shares of the company’s stock worth $32,000 after acquiring an additional 305 shares during the last quarter. Financial Connections Group Inc. acquired a new stake in Mondelez International during the 2nd quarter worth about $33,000. Saudi Central Bank purchased a new stake in Mondelez International during the 1st quarter valued at about $36,000. Finally, Traub Capital Management LLC purchased a new stake in Mondelez International in the second quarter valued at approximately $37,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Up 0.5%

Shares of NASDAQ MDLZ opened at $56.08 on Thursday. The stock has a market cap of $72.36 billion, a PE ratio of 21.00, a P/E/G ratio of 5.34 and a beta of 0.42. The company has a current ratio of 0.61, a quick ratio of 0.39 and a debt-to-equity ratio of 0.65. Mondelez International, Inc. has a 12-month low of $53.95 and a 12-month high of $71.15. The company has a 50-day moving average of $60.46 and a 200 day moving average of $63.88.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, April 11th. The company reported $0.66 earnings per share for the quarter. Mondelez International had a return on equity of 14.16% and a net margin of 9.38%.The business had revenue of $7.30 billion for the quarter. As a group, sell-side analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently weighed in on MDLZ. DZ Bank upgraded shares of Mondelez International from a “sell” rating to a “buy” rating in a research note on Thursday, October 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mondelez International in a research note on Tuesday, October 14th. UBS Group decreased their target price on shares of Mondelez International from $69.00 to $65.00 and set a “neutral” rating for the company in a research note on Wednesday, October 8th. Morgan Stanley dropped their price target on shares of Mondelez International from $73.00 to $71.00 and set an “overweight” rating on the stock in a research report on Monday, October 6th. Finally, Stifel Nicolaus cut their target price on shares of Mondelez International from $76.00 to $70.00 and set a “buy” rating for the company in a research note on Wednesday, October 29th. Fourteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.37.

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.