TD Waterhouse Canada Inc. Increases Stock Holdings in Mondelez International, Inc. $MDLZ

TD Waterhouse Canada Inc. boosted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 1.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 212,930 shares of the company’s stock after buying an additional 2,402 shares during the period. TD Waterhouse Canada Inc.’s holdings in Mondelez International were worth $14,675,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings 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 acquiring an additional 7,025 shares during the last quarter. GW&K Investment Management LLC raised its position in Mondelez International by 37.4% in the 1st quarter. GW&K Investment Management LLC now owns 804 shares of the company’s stock worth $55,000 after purchasing an additional 219 shares during the period. Choreo LLC lifted its stake in Mondelez International by 1.2% in the first quarter. Choreo LLC now owns 80,308 shares of the company’s stock worth $5,486,000 after purchasing an additional 980 shares during the last quarter. KLP Kapitalforvaltning AS lifted its stake in Mondelez International by 0.7% in the first quarter. KLP Kapitalforvaltning AS now owns 517,704 shares of the company’s stock worth $35,333,000 after purchasing an additional 3,500 shares during the last quarter. Finally, Beacon Investment Advisory Services Inc. boosted its position in shares of Mondelez International by 30.5% during the first quarter. Beacon Investment Advisory Services Inc. now owns 4,976 shares of the company’s stock valued at $338,000 after buying an additional 1,162 shares during the period. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Price Performance

Shares of MDLZ stock opened at $56.08 on Thursday. Mondelez International, Inc. has a twelve month low of $53.95 and a twelve month high of $71.15. The company has a current ratio of 0.61, a quick ratio of 0.39 and a debt-to-equity ratio of 0.65. The stock has a fifty day simple moving average of $60.46 and a two-hundred day simple moving average of $63.88. The stock has a market capitalization of $72.36 billion, a price-to-earnings ratio of 21.00, a P/E/G ratio of 5.34 and a beta of 0.42.

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Royal Bank Of Canada reduced their price target on Mondelez International from $71.00 to $67.00 and set an “outperform” rating on the stock in a report on Wednesday, October 29th. Barclays cut their price objective on Mondelez International from $71.00 to $67.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Morgan Stanley decreased their target price on Mondelez International from $73.00 to $71.00 and set an “overweight” rating for the company in a research report on Monday, October 6th. UBS Group cut their price target on shares of Mondelez International from $69.00 to $65.00 and set a “neutral” rating on the stock in a report on Wednesday, October 8th. Finally, Sanford C. Bernstein reduced their price target on shares of Mondelez International from $85.00 to $84.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 29th. Fourteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Mondelez International currently has a consensus rating of “Moderate Buy” and an average target price of $68.37.

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.