Mondelez International Inc (MDLZ) Shares Bought by Capital Analysts LLC
Capital Analysts LLC lifted its holdings in Mondelez International Inc (NASDAQ:MDLZ) by 6.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 68,713 shares of the company’s stock after acquiring an additional 4,212 shares during the period. Capital Analysts LLC’s holdings in Mondelez International were worth $2,794,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also bought and sold shares of MDLZ. Proficio Capital Partners LLC boosted its stake in Mondelez International by 637.3% during the 1st quarter. Proficio Capital Partners LLC now owns 2,271 shares of the company’s stock valued at $105,000 after purchasing an additional 1,963 shares during the last quarter. Acrospire Investment Management LLC boosted its stake in Mondelez International by 1,450.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 3,100 shares of the company’s stock valued at $134,000 after purchasing an additional 2,900 shares during the last quarter. Chicago Partners Investment Group LLC boosted its stake in Mondelez International by 2,056.3% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 3,601 shares of the company’s stock valued at $157,000 after purchasing an additional 3,434 shares during the last quarter. Rockefeller Financial Services Inc. boosted its stake in Mondelez International by 300.0% during the 3rd quarter. Rockefeller Financial Services Inc. now owns 4,000 shares of the company’s stock valued at $163,000 after purchasing an additional 3,000 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted its stake in shares of Mondelez International by 8.3% in the 2nd quarter. Parkside Financial Bank & Trust now owns 4,076 shares of the company’s stock worth $176,000 after buying an additional 311 shares during the last quarter. 75.86% of the stock is owned by hedge funds and other institutional investors.
A number of equities analysts have recently weighed in on the company. BidaskClub upgraded Mondelez International from a “strong sell” rating to a “sell” rating in a research note on Thursday, December 7th. UBS restated a “buy” rating and issued a $49.00 target price on shares of Mondelez International in a research note on Friday, October 13th. Morgan Stanley cut their target price on Mondelez International from $50.00 to $48.00 and set an “overweight” rating on the stock in a research note on Friday, October 13th. Zacks Investment Research downgraded Mondelez International from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $48.00 price target on shares of Mondelez International in a report on Thursday, November 2nd. One research 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 stock. The company presently has an average rating of “Buy” and an average price target of $49.40.
In other news, Director Lewis W. K. Booth purchased 1,500 shares of the firm’s stock in a transaction dated Thursday, November 9th. The shares were purchased at an average price of $41.29 per share, with a total value of $61,935.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.60% of the company’s stock.
Shares of Mondelez International Inc (MDLZ) opened at $42.88 on Wednesday. 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 $64,064.41, a price-to-earnings ratio of 20.91, a price-to-earnings-growth ratio of 1.77 and a beta of 0.98.
Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Monday, October 30th. The company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.03. The business had revenue of $6.53 billion for the quarter, compared to analysts’ expectations of $6.45 billion. Mondelez International had a net margin of 8.61% and a return on equity of 12.31%. The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.52 EPS. equities research analysts forecast that Mondelez International Inc will post 2.14 earnings per share for the current fiscal year.
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Mondelez International 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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