Clifford Swan Investment Counsel LLC Acquires 1,428 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Clifford Swan Investment Counsel LLC increased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 0.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 205,382 shares of the company’s stock after buying an additional 1,428 shares during the period. Clifford Swan Investment Counsel LLC’s holdings in Mondelez International were worth $14,876,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of MDLZ. Carmel Capital Partners LLC acquired a new stake in Mondelez International in the third quarter worth about $28,000. First Command Advisory Services Inc. bought a new position in shares of Mondelez International during the 3rd quarter valued at about $29,000. HHM Wealth Advisors LLC acquired a new position in shares of Mondelez International in the fourth quarter valued at approximately $29,000. Orion Capital Management LLC acquired a new position in Mondelez International in the 3rd quarter worth $35,000. Finally, Milestone Investment Advisors LLC bought a new position in shares of Mondelez International during the third quarter worth about $56,000. 78.32% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on MDLZ shares. Stifel Nicolaus boosted their price target on shares of Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a research report on Thursday, January 25th. Sanford C. Bernstein boosted their price target on Mondelez International from $88.00 to $90.00 and gave the stock an “outperform” rating in a research report on Wednesday. StockNews.com cut Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Citigroup decreased 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 report on Thursday, April 11th. Finally, JPMorgan Chase & Co. cut their price objective on Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a research report on Friday, April 12th. One research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $80.75.

Mondelez International Stock Performance

Shares of MDLZ traded down $0.61 during midday trading on Friday, reaching $69.89. 8,093,601 shares of the stock were exchanged, compared to its average volume of 9,882,163. The stock’s 50 day simple moving average is $70.21 and its 200 day simple moving average is $71.01. The company has a market cap of $94.11 billion, a P/E 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. The company has a quick ratio of 0.43, a current ratio of 0.77 and a debt-to-equity ratio of 0.59.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, April 30th. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The company had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.16 billion. Mondelez International had a net margin of 11.87% and a return on equity of 16.11%. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.89 earnings per share. On average, sell-side analysts expect that Mondelez International, Inc. will post 3.5 earnings per share for the current year.

Mondelez International Company Profile

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.