L.M. Kohn & Company Has $296,000 Holdings in Mondelez International, Inc. $MDLZ

L.M. Kohn & Company cut its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 4.5% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,390 shares of the company’s stock after selling 206 shares during the period. L.M. Kohn & Company’s holdings in Mondelez International were worth $296,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Abound Financial LLC acquired a new stake in Mondelez International in the first quarter valued at $25,000. Rossby Financial LCC increased its holdings in Mondelez International by 966.7% in the second quarter. Rossby Financial LCC now owns 448 shares of the company’s stock valued at $30,000 after purchasing an additional 406 shares during the period. North Capital Inc. acquired a new stake in Mondelez International in the first quarter valued at $31,000. Financial Connections Group Inc. acquired a new stake in Mondelez International in the second quarter valued at $33,000. Finally, Saudi Central Bank acquired a new stake in Mondelez International in the first quarter valued at $36,000. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently weighed in on MDLZ. Dbs Bank upgraded Mondelez International from a “hold” rating to a “moderate buy” rating in a report on Friday, August 1st. UBS Group decreased their price target on Mondelez International from $69.00 to $65.00 and set a “neutral” rating for the company in a report on Wednesday, October 8th. Piper Sandler decreased their price target on Mondelez International from $67.00 to $63.00 and set a “neutral” rating for the company in a report on Wednesday. Jefferies Financial Group upgraded Mondelez International from a “hold” rating to a “buy” rating and increased their price target for the stock from $66.00 to $78.00 in a report on Thursday, July 17th. Finally, Royal Bank Of Canada decreased their price target on Mondelez International from $71.00 to $67.00 and set an “outperform” rating for the company in a report on Wednesday. Thirteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and an average price target of $69.21.

Mondelez International Stock Performance

Shares of Mondelez International stock opened at $57.85 on Thursday. The company has a market cap of $74.85 billion, a P/E ratio of 21.67, a PEG ratio of 5.39 and a beta of 0.45. The business has a 50-day moving average price of $62.06 and a two-hundred day moving average price of $64.98. The company has a current ratio of 0.64, a quick ratio of 0.39 and a debt-to-equity ratio of 0.69. Mondelez International, Inc. has a 1-year low of $53.95 and a 1-year high of $71.15.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, April 11th. The company reported $0.66 earnings per share (EPS) for the quarter. The company had revenue of $7.30 billion for the quarter. Mondelez International had a net margin of 9.38% and a return on equity of 14.14%. As a group, analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current year.

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.