Mondelez International, Inc. (MDLZ) Shares Bought by Mosaic Family Wealth LLC

Mosaic Family Wealth LLC increased its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 15.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,397 shares of the company’s stock after purchasing an additional 1,800 shares during the quarter. Mosaic Family Wealth LLC’s holdings in Mondelez International were worth $544,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Banque Pictet & Cie SA increased its holdings in Mondelez International by 90.1% during the 2nd 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 in the last quarter. Aberdeen Asset Management PLC UK increased its holdings in Mondelez International by 11.2% during the 2nd 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 in the last quarter. Vanguard Group Inc. increased its holdings in Mondelez International by 2.9% during the 1st 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 in the last quarter. Engineers Gate Manager LP purchased a new position in Mondelez International during the 2nd quarter valued at about $3,867,000. Finally, AQR Capital Management LLC increased its holdings in Mondelez International by 43.9% during the 1st 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 in the last quarter. Institutional investors and hedge funds own 75.86% of the company’s stock.

Several equities analysts have weighed in on the stock. BMO Capital Markets restated a “buy” rating and set a $48.00 target price on shares of Mondelez International in a report on Thursday, November 2nd. J P Morgan Chase & Co raised their target price on shares of Mondelez International from $44.00 to $45.00 and gave the company an “overweight” rating in a report on Wednesday, November 1st. Credit Suisse Group raised their target price on shares of Mondelez International from $46.00 to $48.00 and gave the company an “outperform” rating in a report on Tuesday, October 31st. Buckingham Research dropped their target price on shares of Mondelez International from $50.00 to $47.00 and set a “buy” rating for the company in a report on Tuesday, October 31st. Finally, Susquehanna Bancshares set a $45.00 target price on shares of Mondelez International and gave the company a “hold” rating in a report on Monday, October 30th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $49.40.

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

Shares of Mondelez International, Inc. (MDLZ) opened at $42.92 on Monday. The company has a market cap of $64,139.13, a PE ratio of 20.94, a PEG ratio of 1.77 and a beta of 0.98. Mondelez International, Inc. has a twelve month low of $39.19 and a twelve month high of $47.23. The company has a current ratio of 0.51, a quick ratio of 0.34 and a debt-to-equity ratio of 0.49.

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

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Mondelez International 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.

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

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