Hibernia Wealth Partners LLC Invests $248,000 in Mondelez International, Inc. $MDLZ

Hibernia Wealth Partners LLC bought a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 3,677 shares of the company’s stock, valued at approximately $248,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Rossby Financial LCC increased its position in shares of Mondelez International by 966.7% during the 2nd quarter. Rossby Financial LCC now owns 448 shares of the company’s stock worth $30,000 after purchasing an additional 406 shares during the last quarter. Aspect Partners LLC grew its stake in shares of Mondelez International by 180.5% in the second quarter. Aspect Partners LLC now owns 474 shares of the company’s stock valued at $32,000 after buying an additional 305 shares in the last quarter. Financial Connections Group Inc. acquired a new position in Mondelez International during the second quarter worth $33,000. Saudi Central Bank acquired a new position in Mondelez International during the first quarter worth $36,000. Finally, E Fund Management Hong Kong Co. Ltd. raised its position in Mondelez International by 37.2% during the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 601 shares of the company’s stock worth $41,000 after acquiring an additional 163 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mondelez International in a report on Tuesday, October 14th. Morgan Stanley dropped their price objective on Mondelez International from $73.00 to $71.00 and set an “overweight” rating on the stock in a research note on Monday, October 6th. Bank of America cut their price objective on Mondelez International from $75.00 to $69.00 and set a “buy” rating for the company in a research report on Wednesday, October 29th. Wells Fargo & Company decreased their target price on Mondelez International from $74.00 to $72.00 and set an “overweight” rating on the stock in a report on Wednesday, October 29th. Finally, Wall Street Zen cut Mondelez International from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. Fourteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $68.37.

Mondelez International Price Performance

Mondelez International stock opened at $56.97 on Friday. The company has a market capitalization of $73.51 billion, a price-to-earnings ratio of 21.34, a PEG ratio of 5.34 and a beta of 0.42. The company has a current ratio of 0.61, a quick ratio of 0.39 and a debt-to-equity ratio of 0.65. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $71.15. The stock’s 50 day moving average is $60.94 and its 200-day moving average is $64.20.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, April 11th. The company reported $0.66 earnings per share for the quarter. Mondelez International had a return on equity of 14.16% and a net margin of 9.38%.The business had revenue of $7.30 billion during the quarter. Equities research analysts expect that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International 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.