Mondelez International, Inc. (NASDAQ:MDLZ) Shares Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lifted its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 1.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 455,189 shares of the company’s stock after purchasing an additional 6,691 shares during the period. Commonwealth Equity Services LLC’s holdings in Mondelez International were worth $32,969,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Northern Trust Corp increased its holdings in Mondelez International by 1.8% during the 3rd quarter. Northern Trust Corp now owns 17,099,636 shares of the company’s stock valued at $1,186,715,000 after acquiring an additional 303,965 shares in the last quarter. Invesco Ltd. increased its stake in shares of Mondelez International by 9.2% during the 3rd quarter. Invesco Ltd. now owns 7,721,800 shares of the company’s stock worth $535,893,000 after purchasing an additional 648,270 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Mondelez International by 1.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 7,271,547 shares of the company’s stock worth $504,645,000 after purchasing an additional 69,381 shares during the last quarter. California Public Employees Retirement System raised its position in shares of Mondelez International by 7.8% during the 4th quarter. California Public Employees Retirement System now owns 6,235,276 shares of the company’s stock worth $451,621,000 after purchasing an additional 450,459 shares during the last quarter. Finally, Bahl & Gaynor Inc. lifted its stake in Mondelez International by 1.1% in the 4th quarter. Bahl & Gaynor Inc. now owns 5,832,772 shares of the company’s stock valued at $422,468,000 after buying an additional 62,595 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analysts Set New Price Targets

MDLZ has been the topic of a number of analyst reports. StockNews.com lowered Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Barclays cut their price objective on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a research report on Friday, April 12th. Sanford C. Bernstein raised 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. Deutsche Bank Aktiengesellschaft boosted their price target on Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, January 18th. Finally, Citigroup reduced their price target on Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a research note on Thursday, April 11th. One research analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $80.75.

Mondelez International Price Performance

MDLZ stock opened at $69.89 on Friday. The company has a market cap of $94.11 billion, a PE ratio of 22.19, a price-to-earnings-growth ratio of 2.42 and a beta of 0.55. The company has a current ratio of 0.77, a quick ratio of 0.43 and a debt-to-equity ratio of 0.59. The stock has a 50-day moving average price of $70.21 and a two-hundred day moving average price of $70.91. Mondelez International, Inc. has a 12-month low of $60.75 and a 12-month high of $78.54.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, April 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. Mondelez International had a return on equity of 16.11% and a net margin of 11.87%. The business had revenue of $9.29 billion during the quarter, compared to analysts’ expectations of $9.16 billion. During the same quarter in the previous year, the business earned $0.89 EPS. The company’s revenue for the quarter was up 1.4% on a year-over-year basis. As a group, research analysts predict that Mondelez International, Inc. will post 3.5 EPS for the current year.

Mondelez International Company Profile

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.