Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by Pinnacle Wealth Management Advisory Group LLC

Pinnacle Wealth Management Advisory Group LLC decreased its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 17.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,241 shares of the company’s stock after selling 1,968 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in Mondelez International were worth $669,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Bogart Wealth LLC lifted its stake in shares of Mondelez International by 63.9% in the 4th quarter. Bogart Wealth LLC now owns 359 shares of the company’s stock worth $26,000 after acquiring an additional 140 shares during the period. Carmel Capital Partners LLC acquired a new stake in Mondelez International in the third quarter worth approximately $28,000. First Command Advisory Services Inc. bought a new position in Mondelez International during the 3rd quarter valued at $29,000. HHM Wealth Advisors LLC acquired a new position in shares of Mondelez International during the 4th quarter valued at $29,000. Finally, Orion Capital Management LLC bought a new stake in shares of Mondelez International in the 3rd quarter worth $35,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Down 0.6 %

Shares of MDLZ traded down $0.46 during trading hours on Wednesday, reaching $70.43. The company’s stock had a trading volume of 6,514,857 shares, compared to its average volume of 7,905,893. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 0.59. The firm has a market cap of $94.83 billion, a price-to-earnings ratio of 22.36, a P/E/G ratio of 2.47 and a beta of 0.55. The company has a 50 day moving average of $70.10 and a two-hundred day moving average of $71.10. Mondelez International, Inc. has a 1-year low of $60.75 and a 1-year high of $78.54.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, April 30th. The company reported $0.95 earnings per share (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 company had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.16 billion. During the same quarter in the prior year, the firm earned $0.89 EPS. The company’s revenue was up 1.4% compared to the same quarter last year. As a group, research analysts predict that Mondelez International, Inc. will post 3.5 EPS for the current fiscal year.

Wall Street Analyst Weigh In

MDLZ has been the topic of a number of research analyst reports. Sanford C. Bernstein lifted 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. Barclays cut 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 note on Friday, April 12th. JPMorgan Chase & Co. decreased their price target on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a research report on Friday, April 12th. StockNews.com downgraded Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, Stifel Nicolaus lifted their target price on Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. One analyst has rated the stock with a hold rating and fifteen have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $80.75.

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.