VeraBank N.A. Purchases 274 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

VeraBank N.A. increased its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 4.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,245 shares of the company’s stock after purchasing an additional 274 shares during the quarter. VeraBank N.A.’s holdings in Mondelez International were worth $452,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Carmel Capital Partners LLC bought a new position in shares of Mondelez International in the third quarter valued at about $28,000. First Command Advisory Services Inc. acquired a new stake in Mondelez International during the third quarter worth approximately $29,000. HHM Wealth Advisors LLC bought a new stake in shares of Mondelez International during the fourth quarter worth approximately $29,000. Orion Capital Management LLC acquired a new position in shares of Mondelez International in the third quarter valued at approximately $35,000. Finally, Legacy Financial Group LLC bought a new position in shares of Mondelez International during the third quarter worth approximately $45,000. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MDLZ has been the subject of several recent research reports. StockNews.com downgraded Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Barclays decreased their price target on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Sanford C. Bernstein boosted their price objective on shares of Mondelez International from $88.00 to $90.00 and gave the company an “outperform” rating in a report on Wednesday. Citigroup decreased their target price on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a research report on Thursday, April 11th. Finally, Stifel Nicolaus lifted their price target on shares of Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a research report on Thursday, January 25th. One research analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $80.75.

Mondelez International Price Performance

MDLZ stock traded down $0.61 during trading on Friday, reaching $69.89. 8,093,601 shares of the company were exchanged, compared to its average volume of 9,882,163. Mondelez International, Inc. has a twelve month low of $60.75 and a twelve month high of $78.54. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.77 and a quick ratio of 0.43. The company has a market capitalization of $94.11 billion, a price-to-earnings ratio of 22.19, a P/E/G ratio of 2.42 and a beta of 0.55. The company has a 50-day moving average of $70.21 and a two-hundred day moving average of $70.91.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, April 30th. The company reported $0.95 earnings per share 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 for the quarter, compared to analyst estimates of $9.16 billion. During the same quarter in the previous year, the company posted $0.89 EPS. Mondelez International’s quarterly revenue was up 1.4% compared to the same quarter last year. As a group, equities analysts predict that Mondelez International, Inc. will post 3.5 earnings per share for the current fiscal 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.