Mondelez International, Inc. $MDLZ Stock Position Lifted by Quadrant Capital Group LLC

Quadrant Capital Group LLC grew its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 4.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,823 shares of the company’s stock after acquiring an additional 1,105 shares during the quarter. Quadrant Capital Group LLC’s holdings in Mondelez International were worth $1,944,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in MDLZ. Brighton Jones LLC lifted its position in shares of Mondelez International by 92.4% in the 4th quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after buying an additional 7,025 shares during the last quarter. Foundations Investment Advisors LLC boosted its stake in Mondelez International by 132.3% in the first quarter. Foundations Investment Advisors LLC now owns 9,440 shares of the company’s stock valued at $640,000 after acquiring an additional 5,377 shares during the period. Federated Hermes Inc. grew its holdings in shares of Mondelez International by 203.6% during the first quarter. Federated Hermes Inc. now owns 78,965 shares of the company’s stock valued at $5,358,000 after purchasing an additional 52,955 shares during the last quarter. Baader Bank Aktiengesellschaft acquired a new stake in shares of Mondelez International during the 1st quarter worth approximately $290,000. Finally, Harbour Investments Inc. lifted its holdings in shares of Mondelez International by 10.8% in the 1st quarter. Harbour Investments Inc. now owns 9,681 shares of the company’s stock worth $657,000 after purchasing an additional 942 shares during the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Trading Down 0.2%

Shares of Mondelez International stock opened at $57.10 on Friday. The business has a fifty day simple moving average of $59.64 and a 200-day simple moving average of $63.41. Mondelez International, Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $71.15. The firm has a market cap of $73.67 billion, a price-to-earnings ratio of 21.38, a price-to-earnings-growth ratio of 5.34 and a beta of 0.42. The company has a quick ratio of 0.39, a current ratio of 0.61 and a debt-to-equity ratio of 0.65.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, April 11th. The company reported $0.66 EPS for the quarter. Mondelez International had a net margin of 9.38% and a return on equity of 14.16%. The firm had revenue of $7.30 billion for the quarter. On average, equities analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Analyst Ratings Changes

MDLZ has been the topic of a number of recent research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Mondelez International in a research note on Tuesday, October 14th. Stifel Nicolaus dropped their price objective on shares of Mondelez International from $76.00 to $70.00 and set a “buy” rating on the stock in a report on Wednesday, October 29th. Dbs Bank raised shares of Mondelez International from a “hold” rating to a “moderate buy” rating in a research note on Friday, August 1st. DA Davidson dropped their price target on shares of Mondelez International from $65.00 to $62.00 and set a “neutral” rating on the stock in a research note on Monday, November 10th. Finally, UBS Group reduced their price objective on Mondelez International from $69.00 to $65.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. Fourteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $68.32.

About Mondelez International

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.