Mondelez International, Inc. $MDLZ Shares Purchased by Souders Financial Advisors

Souders Financial Advisors raised its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 62.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 11,146 shares of the company’s stock after purchasing an additional 4,292 shares during the period. Souders Financial Advisors’ holdings in Mondelez International were worth $752,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD boosted its stake in shares of Mondelez International by 90.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 29,017,101 shares of the company’s stock valued at $1,968,811,000 after acquiring an additional 13,755,181 shares during the last quarter. Nuveen LLC purchased a new position in Mondelez International during the first quarter worth about $866,843,000. Goldman Sachs Group Inc. lifted its position in Mondelez International by 57.6% during the first quarter. Goldman Sachs Group Inc. now owns 9,446,774 shares of the company’s stock worth $640,964,000 after buying an additional 3,454,174 shares during the period. Natixis Advisors LLC lifted its position in Mondelez International by 148.6% during the first quarter. Natixis Advisors LLC now owns 2,970,513 shares of the company’s stock worth $201,549,000 after buying an additional 1,775,570 shares during the period. Finally, Brown Advisory Inc. lifted its position in Mondelez International by 659.9% during the first quarter. Brown Advisory Inc. now owns 1,503,137 shares of the company’s stock worth $101,988,000 after buying an additional 1,305,332 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Barclays cut their price objective on Mondelez International from $71.00 to $67.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Dbs Bank upgraded Mondelez International from a “hold” rating to a “moderate buy” rating in a report on Friday, August 1st. Berenberg Bank downgraded Mondelez International from a “buy” rating to a “hold” rating and set a $70.00 target price on the stock. in a report on Thursday, October 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Mondelez International in a report on Tuesday, October 14th. Finally, Sanford C. Bernstein dropped their target price on Mondelez International from $85.00 to $84.00 and set an “outperform” rating on the stock in a report on Wednesday, October 29th. Fourteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Mondelez International has a consensus rating of “Moderate Buy” and an average price target of $68.68.

Mondelez International Stock Performance

Shares of NASDAQ MDLZ opened at $56.02 on Thursday. The business’s 50-day moving average price is $61.49 and its two-hundred day moving average price is $64.61. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.61 and a quick ratio of 0.39. Mondelez International, Inc. has a one year low of $53.95 and a one year high of $71.15. The company has a market capitalization of $72.49 billion, a P/E ratio of 20.98, a price-to-earnings-growth ratio of 5.34 and a beta of 0.45.

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