Mondelez International, Inc. (NASDAQ:MDLZ) Shares Purchased by L.M. Kohn & Company

L.M. Kohn & Company increased its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 5.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,736 shares of the company’s stock after acquiring an additional 252 shares during the quarter. L.M. Kohn & Company’s holdings in Mondelez International were worth $343,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of MDLZ. DekaBank Deutsche Girozentrale boosted its holdings in shares of Mondelez International by 5.1% in the 4th quarter. DekaBank Deutsche Girozentrale now owns 2,480,235 shares of the company’s stock valued at $179,520,000 after purchasing an additional 120,665 shares during the last quarter. Handelsinvest Investeringsforvaltning purchased a new position in shares of Mondelez International in the 4th quarter valued at $1,650,000. AGF Management Ltd. raised its stake in shares of Mondelez International by 32.9% in the 4th quarter. AGF Management Ltd. now owns 1,735,233 shares of the company’s stock valued at $125,683,000 after acquiring an additional 429,936 shares during the period. Signature Estate & Investment Advisors LLC raised its stake in shares of Mondelez International by 4.7% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 38,518 shares of the company’s stock valued at $2,789,000 after acquiring an additional 1,713 shares during the period. Finally, Bahl & Gaynor Inc. raised its stake in shares of Mondelez International by 1.1% in the 4th quarter. Bahl & Gaynor Inc. now owns 5,832,772 shares of the company’s stock valued at $422,468,000 after acquiring an additional 62,595 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Up 0.3 %

MDLZ stock traded up $0.21 during trading hours on Tuesday, hitting $70.48. The company’s stock had a trading volume of 1,763,283 shares, compared to its average volume of 7,636,267. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $94.54 billion, a PE ratio of 22.37, a price-to-earnings-growth ratio of 2.52 and a beta of 0.55. Mondelez International, Inc. has a 12 month low of $60.75 and a 12 month high of $77.21. The stock has a 50 day moving average price of $69.94 and a two-hundred day moving average price of $71.43.

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 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 analysts’ expectations of $9.16 billion. During the same period in the previous year, the company earned $0.89 earnings per share. Mondelez International’s revenue for the quarter was up 1.4% on a year-over-year basis. On average, equities research analysts expect that Mondelez International, Inc. will post 3.5 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on MDLZ. Stifel Nicolaus raised their target price on shares of Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. Sanford C. Bernstein lifted their price target on shares of Mondelez International from $88.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 1st. JPMorgan Chase & Co. decreased their price objective on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a report on Friday, April 12th. StockNews.com lowered shares of Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Finally, Citigroup decreased their price target on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a report on Thursday, April 11th. One equities research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target 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.