Lindsell Train Ltd Grows Stake in Mondelez International, Inc. (MDLZ)

Lindsell Train Ltd lifted its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 18.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,950,710 shares of the company’s stock after purchasing an additional 3,086,000 shares during the period. Mondelez International comprises approximately 27.3% of Lindsell Train Ltd’s investment portfolio, making the stock its largest holding. Lindsell Train Ltd owned 1.32% of Mondelez International worth $811,196,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MDLZ. Caisse DE Depot ET Placement DU Quebec raised its stake in shares of Mondelez International by 95.5% during the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 9,871,082 shares of the company’s stock worth $425,709,000 after purchasing an additional 4,821,400 shares during the period. Bessemer Group Inc. raised its stake in shares of Mondelez International by 8,492.9% during the 2nd quarter. Bessemer Group Inc. now owns 4,136,467 shares of the company’s stock worth $178,655,000 after purchasing an additional 4,088,329 shares during the period. Renaissance Technologies LLC raised its stake in shares of Mondelez International by 186.2% during the 1st quarter. Renaissance Technologies LLC now owns 4,573,598 shares of the company’s stock worth $197,031,000 after purchasing an additional 2,975,800 shares during the period. Vanguard Group Inc. raised its stake in Mondelez International by 2.9% in 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 during the period. Finally, Eaton Vance Management raised its stake in Mondelez International by 98.7% in the 2nd quarter. Eaton Vance Management now owns 5,038,277 shares of the company’s stock valued at $217,603,000 after acquiring an additional 2,502,668 shares during the period. Institutional investors own 75.86% of the company’s stock.

Mondelez International, Inc. (NASDAQ:MDLZ) opened at $43.33 on Thursday. The company has a current ratio of 0.51, a quick ratio of 0.34 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $64,570.00, a PE ratio of 21.03, a price-to-earnings-growth ratio of 1.78 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.

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

A number of brokerages recently issued reports on MDLZ. BidaskClub upgraded Mondelez International from a “strong sell” rating to a “sell” rating in a research note on Thursday. Royal Bank Of Canada restated a “buy” rating on shares of Mondelez International in a research note on Friday, September 1st. UBS restated a “buy” rating and issued a $51.00 price objective on shares of Mondelez International in a research note on Wednesday, August 9th. Susquehanna Bancshares set a $45.00 price objective on Mondelez International and gave the company a “hold” rating in a research note on Monday, October 30th. Finally, Zacks Investment Research cut Mondelez International from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. One analyst has rated the stock with a sell rating, three have issued a hold rating, eleven have issued 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 target price of $49.40.

In related news, Director Lewis W. K. Booth bought 1,500 shares of Mondelez International stock in a transaction on Thursday, November 9th. The stock was acquired at an average price of $41.29 per share, with a total value of $61,935.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Daniel P. Myers sold 7,000 shares of Mondelez International stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $40.94, for a total value of $286,580.00. Following the transaction, the executive vice president now directly owns 20,965 shares of the company’s stock, valued at approximately $858,307.10. The disclosure for this sale can be found here. 3.60% of the stock is owned by insiders.

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About Mondelez International

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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