Hyman Charles D Has $4.59 Million Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Hyman Charles D lowered its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 0.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 63,343 shares of the company’s stock after selling 150 shares during the period. Hyman Charles D’s holdings in Mondelez International were worth $4,588,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Carmel Capital Partners LLC bought a new stake in Mondelez International in the 3rd quarter valued at $28,000. First Command Advisory Services Inc. acquired a new stake in shares of Mondelez International during the 3rd quarter worth about $29,000. HHM Wealth Advisors LLC bought a new stake in shares of Mondelez International during the 4th quarter worth about $29,000. Orion Capital Management LLC acquired a new position in Mondelez International in the 3rd quarter valued at about $35,000. Finally, Milestone Investment Advisors LLC bought a new position in Mondelez International in the 3rd quarter valued at about $56,000. 78.32% of the stock is owned by institutional investors.

Mondelez International Price Performance

Shares of NASDAQ:MDLZ traded up $0.96 during trading on Tuesday, hitting $70.89. 4,315,446 shares of the company were exchanged, compared to its average volume of 7,921,690. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 0.59. Mondelez International, Inc. has a 1-year low of $60.75 and a 1-year high of $78.54. The company has a market capitalization of $95.45 billion, a P/E ratio of 22.50, a price-to-earnings-growth ratio of 2.47 and a beta of 0.55. The business’s 50 day moving average is $70.10 and its 200-day moving average is $71.10.

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

Analyst Ratings Changes

A number of equities analysts have recently weighed in on MDLZ shares. Citigroup lowered their target price on Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a research note on Thursday, April 11th. Barclays reduced their target price on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a research report on Friday, April 12th. StockNews.com cut shares of Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Deutsche Bank Aktiengesellschaft lifted their price objective on Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, January 18th. Finally, Sanford C. Bernstein increased their target price on Mondelez International from $88.00 to $90.00 and gave the stock an “outperform” rating in a report on Wednesday, May 1st. One equities research analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and a consensus price target of $80.75.

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.