OxFORD Asset Management LLP Increases Holdings in Mondelez International, Inc. (MDLZ)
OxFORD Asset Management LLP raised its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 127.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 59,456 shares of the company’s stock after acquiring an additional 33,330 shares during the period. OxFORD Asset Management LLP’s holdings in Mondelez International were worth $2,568,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Proficio Capital Partners LLC increased its holdings in Mondelez International by 637.3% in the 1st quarter. Proficio Capital Partners LLC now owns 2,271 shares of the company’s stock valued at $105,000 after acquiring an additional 1,963 shares during the last quarter. V Wealth Management LLC purchased a new position in shares of Mondelez International in the 2nd quarter worth $116,000. Acrospire Investment Management LLC grew its stake in shares of Mondelez International by 1,450.0% in the 2nd quarter. Acrospire Investment Management LLC now owns 3,100 shares of the company’s stock worth $134,000 after buying an additional 2,900 shares in the last quarter. Chicago Partners Investment Group LLC grew its stake in shares of Mondelez International by 2,056.3% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 3,601 shares of the company’s stock worth $157,000 after buying an additional 3,434 shares in the last quarter. Finally, Parkside Financial Bank & Trust grew 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 in the last quarter. Institutional investors own 75.62% of the company’s stock.
In other Mondelez International news, EVP Daniel P. Myers sold 7,000 shares of the business’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $40.94, for a total value of $286,580.00. Following the completion of the sale, the executive vice president now directly owns 20,965 shares of the company’s stock, valued at approximately $858,307.10. The transaction was disclosed in a filing with the SEC, which is available through this link. 3.60% of the stock is owned by insiders.
A number of equities analysts have commented on the stock. Susquehanna Bancshares Inc reissued a “hold” rating on shares of Mondelez International in a research note on Wednesday, August 2nd. BMO Capital Markets reissued a “buy” rating and issued a $48.00 price objective on shares of Mondelez International in a research note on Thursday, November 2nd. UBS AG reissued a “buy” rating and issued a $51.00 price objective on shares of Mondelez International in a research note on Wednesday, August 9th. Royal Bank Of Canada reissued a “buy” rating and issued a $53.00 price objective on shares of Mondelez International in a research note on Tuesday, October 3rd. Finally, J P Morgan Chase & Co lifted their price objective on shares of Mondelez International from $44.00 to $45.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, three have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $49.40.
Mondelez International, Inc. (NASDAQ:MDLZ) opened at $41.95 on Friday. Mondelez International, Inc. has a 52 week low of $39.19 and a 52 week high of $47.23. The company has a current ratio of 0.51, a quick ratio of 0.34 and a debt-to-equity ratio of 0.49. The company has a market cap of $61,792.94, a PE ratio of 20.17, a P/E/G ratio of 1.71 and a beta of 0.98.
Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Monday, October 30th. The company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $6.45 billion. During the same period in the previous year, the company earned $0.52 EPS. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. analysts predict that Mondelez International, Inc. will post 2.14 earnings per share for the current year.
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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