Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by Montag A & Associates Inc.

Montag A & Associates Inc. cut its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 0.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 29,765 shares of the company’s stock after selling 275 shares during the period. Montag A & Associates Inc.’s holdings in Mondelez International were worth $2,167,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of the company. Bogart Wealth LLC lifted its position in Mondelez International by 63.9% in the fourth quarter. Bogart Wealth LLC now owns 359 shares of the company’s stock valued at $26,000 after purchasing an additional 140 shares during the period. Carmel Capital Partners LLC acquired a new stake in shares of Mondelez International in the 3rd quarter valued at approximately $28,000. First Command Advisory Services Inc. purchased a new stake in shares of Mondelez International in the third quarter valued at approximately $29,000. HHM Wealth Advisors LLC acquired a new position in Mondelez International during the fourth quarter worth $29,000. Finally, Orion Capital Management LLC purchased a new position in Mondelez International in the third quarter worth $35,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on MDLZ. Sanford C. Bernstein boosted their target price on shares of Mondelez International from $88.00 to $90.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 1st. JPMorgan Chase & Co. dropped their target price 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. Citigroup lowered their price target on Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a report on Thursday, April 11th. Barclays reduced their price objective on Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a report on Friday, April 12th. Finally, Stifel Nicolaus raised their price target on Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a research report on Thursday, January 25th. One research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $80.75.

Mondelez International Trading Down 0.3 %

Shares of MDLZ stock traded down $0.23 during mid-day trading on Thursday, hitting $70.20. 5,201,663 shares of the company’s stock were exchanged, compared to its average volume of 7,875,844. The stock has a market cap of $94.52 billion, a price-to-earnings ratio of 22.29, a PEG ratio of 2.47 and a beta of 0.55. The stock has a 50-day simple moving average of $70.04 and a two-hundred day simple moving average of $71.10. Mondelez International, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $78.54. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 0.59.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, April 30th. The company reported $0.95 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 company had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.16 billion. During the same quarter in the prior year, the company posted $0.89 EPS. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. Equities analysts expect that Mondelez International, Inc. will post 3.5 EPS for the current fiscal year.

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.