Hall Capital Management Co. Inc. lowered its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 9.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,448 shares of the company’s stock after selling 1,425 shares during the quarter. Hall Capital Management Co. Inc.’s holdings in Mondelez International were worth $624,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MDLZ. Proficio Capital Partners LLC boosted its holdings in shares of Mondelez International by 637.3% in the first quarter. Proficio Capital Partners LLC now owns 2,271 shares of the company’s stock valued at $105,000 after buying an additional 1,963 shares during the period. V Wealth Management LLC acquired a new position in shares of Mondelez International in the second quarter valued at approximately $116,000. Acrospire Investment Management LLC boosted its holdings in shares of Mondelez International by 1,450.0% in the second quarter. Acrospire Investment Management LLC now owns 3,100 shares of the company’s stock valued at $134,000 after buying an additional 2,900 shares during the period. Chicago Partners Investment Group LLC boosted its holdings in shares of Mondelez International by 2,056.3% in the second quarter. Chicago Partners Investment Group LLC now owns 3,601 shares of the company’s stock valued at $157,000 after buying an additional 3,434 shares during the period. Finally, Parkside Financial Bank & Trust boosted its holdings in shares of Mondelez International by 8.3% in the second quarter. Parkside Financial Bank & Trust now owns 4,076 shares of the company’s stock valued at $176,000 after buying an additional 311 shares during the period. Hedge funds and other institutional investors own 76.41% of the company’s stock.

In other Mondelez International news, EVP Daniel P. Myers sold 7,000 shares of the company’s stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $40.94, for a total transaction of $286,580.00. Following the sale, the executive vice president now directly owns 20,965 shares of the company’s stock, valued at $858,307.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.60% of the company’s stock.

Shares of Mondelez International, Inc. (NASDAQ:MDLZ) opened at $41.95 on Monday. The company has a current ratio of 0.51, a quick ratio of 0.34 and a debt-to-equity ratio of 0.49. Mondelez International, Inc. has a 1 year low of $39.19 and a 1 year high of $47.23. The stock has a market cap of $62,689.57, a price-to-earnings ratio of 20.46, a price-to-earnings-growth ratio of 1.73 and a beta of 0.98.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Monday, October 30th. The company reported $0.57 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.03. Mondelez International had a net margin of 8.61% and a return on equity of 12.31%. The firm had revenue of $6.53 billion for the quarter, compared to analyst estimates of $6.45 billion. During the same period in the prior year, the firm posted $0.52 earnings per share. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. equities analysts anticipate that Mondelez International, Inc. will post 2.14 EPS for the current fiscal year.

Several research analysts have recently weighed in on MDLZ shares. Zacks Investment Research cut shares of Mondelez International from a “buy” rating to a “hold” rating in a report on Tuesday, October 17th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $53.00 price target (down previously from $54.00) on shares of Mondelez International in a report on Monday, July 31st. Piper Jaffray Companies reiterated a “buy” rating and issued a $49.00 price target on shares of Mondelez International in a report on Tuesday, September 19th. Susquehanna Bancshares Inc restated a “hold” rating on shares of Mondelez International in a report on Wednesday, August 2nd. Finally, UBS AG restated a “buy” rating and set a $51.00 target price on shares of Mondelez International in a report on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $49.40.

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About Mondelez International

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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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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