Mondelez International, Inc. (NASDAQ:MDLZ) Shares Acquired by Private Advisor Group LLC

Private Advisor Group LLC increased its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 46.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,225 shares of the company’s stock after acquiring an additional 17,424 shares during the period. Private Advisor Group LLC’s holdings in Mondelez International were worth $4,000,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Carmel Capital Partners LLC purchased a new stake in Mondelez International in the third quarter valued at $28,000. First Command Advisory Services Inc. purchased a new stake in shares of Mondelez International in the 3rd quarter valued at about $29,000. HHM Wealth Advisors LLC acquired a new stake in shares of Mondelez International in the 4th quarter valued at about $29,000. Orion Capital Management LLC purchased a new position in Mondelez International during the 3rd quarter worth approximately $35,000. Finally, Milestone Investment Advisors LLC purchased a new position in shares of Mondelez International during the third quarter worth approximately $56,000. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Mondelez International Stock Down 0.3 %

MDLZ opened at $70.20 on Friday. The business’s fifty day simple moving average is $70.04 and its 200 day simple moving average is $71.10. Mondelez International, Inc. has a 52 week low of $60.75 and a 52 week high of $78.54. The firm has a market cap of $94.52 billion, a P/E ratio of 22.29, a PEG ratio of 2.47 and a beta of 0.55. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 0.59.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, April 30th. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. Mondelez International had a net margin of 11.87% and a return on equity of 16.11%. The business had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.16 billion. During the same period in the previous year, the firm posted $0.89 earnings per share. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. As a group, equities research analysts anticipate that Mondelez International, Inc. will post 3.5 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. JPMorgan Chase & Co. lowered their price objective on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a research report on Friday, April 12th. Sanford C. Bernstein lifted their price objective on shares of Mondelez International from $88.00 to $90.00 and gave the company an “outperform” rating in a research report on Wednesday, May 1st. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, January 18th. Barclays reduced their price objective on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a research report on Friday, April 12th. Finally, StockNews.com cut Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. One equities research analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to data from MarketBeat.com, Mondelez International currently has an average rating of “Moderate Buy” and an average target price of $80.75.

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.