Albion Financial Group UT Has $437,000 Stake in Mondelez International, Inc. (MDLZ)

Albion Financial Group UT held its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,121 shares of the company’s stock at the close of the 2nd quarter. Albion Financial Group UT’s holdings in Mondelez International were worth $437,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Banque Pictet & Cie SA increased its position in Mondelez International by 90.1% during the second quarter. Banque Pictet & Cie SA now owns 18,904 shares of the company’s stock valued at $816,000 after acquiring an additional 8,962 shares during the last quarter. Aberdeen Asset Management PLC UK increased its position in Mondelez International by 11.2% during the second quarter. Aberdeen Asset Management PLC UK now owns 465,221 shares of the company’s stock valued at $20,093,000 after acquiring an additional 46,992 shares during the last quarter. Vanguard Group Inc. increased its position in Mondelez International by 2.9% during the first quarter. Vanguard Group Inc. now owns 97,631,640 shares of the company’s stock valued at $4,205,971,000 after acquiring an additional 2,720,253 shares during the last quarter. AQR Capital Management LLC increased its position in Mondelez International by 43.9% during the first quarter. AQR Capital Management LLC now owns 440,459 shares of the company’s stock valued at $18,975,000 after acquiring an additional 134,286 shares during the last quarter. Finally, Engineers Gate Manager LP bought a new position in Mondelez International during the second quarter valued at $3,867,000. Institutional investors own 76.05% of the company’s stock.

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Shares of Mondelez International, Inc. (NASDAQ MDLZ) opened at $42.32 on Wednesday. Mondelez International, Inc. has a one year low of $39.19 and a one year high of $47.23. The firm has a market cap of $62,928.68, a PE ratio of 20.54, a P/E/G ratio of 1.74 and a beta of 0.98. The company has a quick ratio of 0.34, a current ratio of 0.51 and a debt-to-equity ratio of 0.49.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Monday, October 30th. The company reported $0.57 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.03. Mondelez International had a net margin of 8.61% and a return on equity of 12.31%. The company had revenue of $6.53 billion during the quarter, compared to analyst estimates of $6.45 billion. During the same period in the prior year, the firm earned $0.52 earnings per share. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. analysts anticipate that Mondelez International, Inc. will post 2.14 EPS for the current year.

MDLZ has been the topic of a number of analyst reports. Royal Bank Of Canada reiterated a “buy” rating on shares of Mondelez International in a research report on Friday, September 1st. Zacks Investment Research cut shares of Mondelez International from a “buy” rating to a “hold” rating in a research report on Tuesday, October 17th. UBS AG restated a “buy” rating and issued a $49.00 price target on shares of Mondelez International in a report on Friday, October 13th. Credit Suisse Group upped their price target on shares of Mondelez International from $46.00 to $48.00 and gave the stock an “outperform” rating in a report on Tuesday, October 31st. Finally, J P Morgan Chase & Co upped their price target on shares of Mondelez International from $44.00 to $45.00 and gave the stock an “overweight” rating in a report on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, three have issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $49.40.

In other news, Director Lewis W. K. Booth purchased 1,500 shares of the firm’s stock in a transaction on Thursday, November 9th. The stock was acquired at an average cost of $41.29 per share, with a total value of $61,935.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Daniel P. Myers sold 7,000 shares of the stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $40.94, for a total transaction of $286,580.00. Following the sale, the executive vice president now directly owns 20,965 shares of the company’s stock, valued at $858,307.10. The disclosure for this sale can be found here. Corporate insiders own 3.60% of the company’s stock.

Mondelez International Company Profile

Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.

Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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