Public Employees Retirement Association of Colorado decreased its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 6.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 267,293 shares of the company’s stock after selling 18,643 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Mondelez International were worth $10,868,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MDLZ. Vanguard Group Inc. grew its stake in shares of Mondelez International by 1.2% in the 2nd quarter. Vanguard Group Inc. now owns 98,799,909 shares of the company’s stock valued at $4,267,168,000 after purchasing an additional 1,168,269 shares during the last quarter. Northern Trust Corp grew its stake in shares of Mondelez International by 7.3% in the 2nd quarter. Northern Trust Corp now owns 21,688,257 shares of the company’s stock valued at $936,717,000 after purchasing an additional 1,470,112 shares during the last quarter. Lindsell Train Ltd grew its stake in shares of Mondelez International by 16.2% in the 2nd quarter. Lindsell Train Ltd now owns 16,864,710 shares of the company’s stock valued at $728,387,000 after purchasing an additional 2,357,000 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Mondelez International by 7.2% in the first quarter. Geode Capital Management LLC now owns 15,445,600 shares of the company’s stock valued at $664,480,000 after buying an additional 1,041,124 shares in the last quarter. Finally, Canada Pension Plan Investment Board boosted its stake in shares of Mondelez International by 2.4% in the third quarter. Canada Pension Plan Investment Board now owns 14,079,346 shares of the company’s stock valued at $572,466,000 after buying an additional 326,000 shares in the last quarter. 75.86% of the stock is currently owned by institutional investors.

Shares of Mondelez International, Inc. (NASDAQ MDLZ) opened at $42.99 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. The company has a market capitalization of $64,423.07, a price-to-earnings ratio of 21.03, a price-to-earnings-growth ratio of 1.78 and a beta of 0.98. Mondelez International, Inc. has a 12-month low of $39.19 and a 12-month high of $47.23.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Monday, October 30th. The company reported $0.57 EPS for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.03. The company had revenue of $6.53 billion for the quarter, compared to the consensus estimate of $6.45 billion. Mondelez International had a return on equity of 12.31% and a net margin of 8.61%. Mondelez International’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.52 earnings per share. equities analysts predict that Mondelez International, Inc. will post 2.14 EPS for the current year.

A number of analysts recently weighed in on the company. UBS restated a “buy” rating and issued a $51.00 price target on shares of Mondelez International in a research note on Wednesday, August 9th. Royal Bank Of Canada restated a “buy” rating and issued a $53.00 price target on shares of Mondelez International in a research note on Tuesday, October 3rd. Sanford C. Bernstein restated an “outperform” rating and issued a $55.00 price target on shares of Mondelez International in a research note on Wednesday, September 20th. Susquehanna Bancshares set a $45.00 price target on Mondelez International and gave the company a “hold” rating in a research note on Monday, October 30th. Finally, BMO Capital Markets restated a “buy” rating and issued a $48.00 price target on shares of Mondelez International in a research note on Thursday, November 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. Mondelez International presently has an average rating of “Buy” and a consensus price target of $49.40.

In other Mondelez International news, EVP Daniel P. Myers sold 7,000 shares of the business’s stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $40.94, for a total transaction of $286,580.00. Following the sale, the executive vice president now directly owns 20,965 shares in the company, valued at $858,307.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Lewis W. K. Booth bought 1,500 shares of the firm’s stock in a transaction on Thursday, November 9th. The shares were purchased at an average price of $41.29 per share, for a total transaction of $61,935.00. The disclosure for this purchase can be found here. 3.60% of the stock is currently owned by insiders.

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Mondelez International Company 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.

Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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