American National Registered Investment Advisor Inc. decreased its holdings in shares of Mondelez International Inc (NASDAQ:MDLZ) by 18.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,423 shares of the company’s stock after selling 2,950 shares during the period. American National Registered Investment Advisor Inc.’s holdings in Mondelez International were worth $577,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in MDLZ. National Asset Management Inc. increased its holdings in shares of Mondelez International by 166.5% during the third quarter. National Asset Management Inc. now owns 17,903 shares of the company’s stock worth $771,000 after buying an additional 11,185 shares in the last quarter. Jennison Associates LLC increased its holdings in shares of Mondelez International by 7.9% during the third quarter. Jennison Associates LLC now owns 5,362,764 shares of the company’s stock worth $230,384,000 after buying an additional 390,505 shares in the last quarter. Stelac Advisory Services LLC acquired a new stake in shares of Mondelez International during the third quarter worth approximately $183,000. Mitchell Capital Management Co. increased its holdings in shares of Mondelez International by 112.0% during the third quarter. Mitchell Capital Management Co. now owns 21,332 shares of the company’s stock worth $916,000 after buying an additional 11,268 shares in the last quarter. Finally, Cedar Capital LLC acquired a new stake in shares of Mondelez International during the third quarter worth approximately $231,000. Hedge funds and other institutional investors own 75.51% of the company’s stock.

In other Mondelez International news, EVP Maurizio Brusadelli sold 7,381 shares of the firm’s stock in a transaction that occurred on Friday, September 14th. The shares were sold at an average price of $43.74, for a total value of $322,844.94. Following the transaction, the executive vice president now directly owns 73,959 shares of the company’s stock, valued at $3,234,966.66. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Daniel P. Myers sold 27,963 shares of the firm’s stock in a transaction that occurred on Wednesday, September 12th. The shares were sold at an average price of $43.44, for a total transaction of $1,214,712.72. The disclosure for this sale can be found here. 2.00% of the stock is currently owned by company insiders.

A number of brokerages recently weighed in on MDLZ. BidaskClub lowered shares of Mondelez International from a “buy” rating to a “hold” rating in a report on Thursday, July 26th. DZ Bank raised shares of Mondelez International from a “hold” rating to a “buy” rating in a report on Friday, July 27th. Zacks Investment Research raised shares of Mondelez International from a “sell” rating to a “hold” rating in a report on Tuesday, July 31st. JPMorgan Chase & Co. raised their price target on shares of Mondelez International from $45.00 to $47.00 and gave the company a “$41.68” rating in a report on Monday, July 23rd. Finally, ValuEngine lowered shares of Mondelez International from a “hold” rating to a “sell” rating in a report on Tuesday, July 24th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company’s stock. Mondelez International has an average rating of “Hold” and a consensus price target of $49.17.

Shares of Mondelez International stock opened at $43.94 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.56 and a quick ratio of 0.38. The company has a market capitalization of $64.62 billion, a P/E ratio of 20.53, a P/E/G ratio of 2.03 and a beta of 0.75. Mondelez International Inc has a fifty-two week low of $37.42 and a fifty-two week high of $46.54.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Monday, October 29th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.01. Mondelez International had a net margin of 12.46% and a return on equity of 13.71%. The firm had revenue of $6.29 billion for the quarter, compared to analysts’ expectations of $6.32 billion. During the same period last year, the firm earned $0.57 earnings per share. The business’s revenue for the quarter was down 3.7% on a year-over-year basis. Equities analysts predict that Mondelez International Inc will post 2.43 earnings per share for the current fiscal year.

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About Mondelez International

Mondelez International, Inc, through its subsidiaries, manufactures and markets snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; gums and candies; coffee and powdered beverages; and cheese and grocery products. The company's primary snack brand portfolio includes Nabisco, Oreo, LU, and belVita biscuits; Cadbury, Milka, Cadbury Dairy Milk, and Toblerone chocolates; Trident gums; Halls candies; and Tang powdered beverages.

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

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