West Family Investments Inc. Has $644,000 Holdings in Mondelez International, Inc. $MDLZ

West Family Investments Inc. increased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 164.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,551 shares of the company’s stock after buying an additional 5,934 shares during the period. West Family Investments Inc.’s holdings in Mondelez International were worth $644,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Schroder Investment Management Group lifted its position in shares of Mondelez International by 8.7% during the 2nd quarter. Schroder Investment Management Group now owns 417,595 shares of the company’s stock valued at $28,163,000 after acquiring an additional 33,507 shares during the period. Virtus Investment Advisers LLC bought a new stake in Mondelez International during the second quarter worth about $1,425,000. Norges Bank acquired a new stake in Mondelez International during the second quarter worth about $1,239,834,000. Scotia Capital Inc. increased its holdings in Mondelez International by 1.6% in the 2nd quarter. Scotia Capital Inc. now owns 172,658 shares of the company’s stock valued at $11,642,000 after buying an additional 2,788 shares during the period. Finally, Level Four Advisory Services LLC lifted its holdings in shares of Mondelez International by 4.9% during the 2nd quarter. Level Four Advisory Services LLC now owns 14,261 shares of the company’s stock worth $962,000 after acquiring an additional 670 shares during the period. 78.32% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on MDLZ shares. Mizuho reduced their target price on Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a report on Tuesday, October 28th. Sanford C. Bernstein decreased their target price on Mondelez International from $85.00 to $84.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 29th. Wells Fargo & Company lowered their target price on Mondelez International from $74.00 to $72.00 and set an “overweight” rating for the company in a research note on Wednesday, October 29th. Royal Bank Of Canada reduced their price target on shares of Mondelez International from $71.00 to $67.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 29th. Finally, Morgan Stanley decreased their price target on shares of Mondelez International from $73.00 to $71.00 and set an “overweight” rating on the stock in a report on Monday, October 6th. Fourteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $68.32.

Mondelez International Price Performance

Shares of NASDAQ:MDLZ opened at $57.10 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.39 and a current ratio of 0.61. Mondelez International, Inc. has a 52 week low of $53.95 and a 52 week high of $71.15. The firm has a market cap of $73.67 billion, a PE ratio of 21.38, a price-to-earnings-growth ratio of 5.34 and a beta of 0.42. The firm’s fifty day moving average is $59.64 and its 200-day moving average is $63.40.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, April 11th. The company reported $0.66 earnings per share (EPS) 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. Sell-side analysts predict that Mondelez International, Inc. will post 2.9 earnings per share 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.