AJOVista LLC Acquires New Position in Mondelez International, Inc. (NASDAQ:MDLZ)

AJOVista LLC bought a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,062 shares of the company’s stock, valued at approximately $77,000.

Several other hedge funds have also made changes to their positions in the stock. Murphy Middleton Hinkle & Parker Inc. increased its holdings in shares of Mondelez International by 3.9% in the 4th quarter. Murphy Middleton Hinkle & Parker Inc. now owns 3,651 shares of the company’s stock worth $264,000 after acquiring an additional 136 shares during the period. Cobblestone Asset Management LLC boosted its holdings in shares of Mondelez International by 2.8% in the fourth quarter. Cobblestone Asset Management LLC now owns 4,982 shares of the company’s stock valued at $361,000 after acquiring an additional 138 shares in the last quarter. Graypoint LLC grew its stake in shares of Mondelez International by 1.1% in the 4th quarter. Graypoint LLC now owns 12,281 shares of the company’s stock worth $890,000 after purchasing an additional 138 shares during the last quarter. Guyasuta Investment Advisors Inc. raised its holdings in shares of Mondelez International by 0.8% in the 4th quarter. Guyasuta Investment Advisors Inc. now owns 16,461 shares of the company’s stock worth $1,192,000 after purchasing an additional 138 shares in the last quarter. Finally, Beacon Capital Management LLC lifted its stake in Mondelez International by 15.9% during the fourth quarter. Beacon Capital Management LLC now owns 1,019 shares of the company’s stock valued at $71,000 after purchasing an additional 140 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

MDLZ has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft upped their target price on Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, January 18th. Stifel Nicolaus upped their target price on Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a research report on Thursday, January 25th. Citigroup reduced their price objective on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a research note on Thursday, April 11th. JPMorgan Chase & Co. lowered their target price on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Finally, StockNews.com lowered shares of Mondelez International from a “buy” rating to a “hold” rating in a research 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 company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $80.75.

Mondelez International Stock Performance

NASDAQ:MDLZ traded down $0.61 during mid-day trading on Friday, hitting $69.89. The stock had a trading volume of 8,093,601 shares, compared to its average volume of 9,882,163. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.43 and a current ratio of 0.77. The company’s 50 day simple moving average is $70.21 and its 200 day simple moving average is $70.91. The stock has a market cap of $94.11 billion, a price-to-earnings ratio of 22.19, a PEG ratio of 2.42 and a beta of 0.55. Mondelez International, Inc. has a twelve month low of $60.75 and a twelve month high of $78.54.

Mondelez International (NASDAQ:MDLZ) last released 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 for the quarter, compared to analyst estimates of $9.16 billion. During the same period last year, the firm earned $0.89 earnings per share. Mondelez International’s revenue for the quarter was up 1.4% compared to the same quarter last year. On average, equities research analysts forecast that Mondelez International, Inc. will post 3.5 earnings per share for the current year.

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.