3,303 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Acquired by Breed s Hill Capital LLC

Breed s Hill Capital LLC acquired a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 3,303 shares of the company’s stock, valued at approximately $239,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brown Advisory Inc. grew its position in shares of Mondelez International by 1.1% during the 3rd quarter. Brown Advisory Inc. now owns 199,365 shares of the company’s stock worth $13,836,000 after buying an additional 2,076 shares during the period. Verdence Capital Advisors LLC grew its holdings in Mondelez International by 2.8% during the 3rd quarter. Verdence Capital Advisors LLC now owns 15,389 shares of the company’s stock worth $1,068,000 after acquiring an additional 420 shares during the period. Foyston Gordon & Payne Inc raised its position in shares of Mondelez International by 2.6% during the 3rd quarter. Foyston Gordon & Payne Inc now owns 135,671 shares of the company’s stock valued at $9,416,000 after acquiring an additional 3,459 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Mondelez International by 17.6% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,406,521 shares of the company’s stock valued at $97,613,000 after purchasing an additional 210,870 shares during the period. Finally, NBT Bank N A NY boosted its position in shares of Mondelez International by 184.2% in the 3rd quarter. NBT Bank N A NY now owns 80,720 shares of the company’s stock worth $5,602,000 after purchasing an additional 52,319 shares during the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

MDLZ has been the topic of several analyst reports. Stifel Nicolaus raised 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. Citigroup lowered their target price 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. StockNews.com lowered shares of Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Barclays dropped their price objective on Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Finally, Sanford C. Bernstein increased their price target 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 issued a buy rating to the stock. According to data from MarketBeat, Mondelez International presently has an average rating of “Moderate Buy” and an average price target of $80.75.

Mondelez International Stock Performance

NASDAQ MDLZ traded down $0.23 on Thursday, hitting $70.20. 5,201,663 shares of the stock were exchanged, compared to its average volume of 7,875,844. The business’s fifty day moving average is $70.04 and its 200 day moving average is $71.10. Mondelez International, Inc. has a 52 week low of $60.75 and a 52 week high of $78.54. The company has a market capitalization of $94.52 billion, a PE ratio of 22.29, a P/E/G ratio of 2.47 and a beta of 0.55. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.77 and a quick ratio of 0.63.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, April 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.06. The business 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%. Mondelez International’s revenue was up 1.4% on a year-over-year basis. During the same period last year, the business posted $0.89 EPS. Research analysts anticipate that Mondelez International, Inc. will post 3.5 EPS for the current fiscal 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.