Mondelez International, Inc. (NASDAQ:MDLZ) Shares Purchased by Van Hulzen Asset Management LLC

Van Hulzen Asset Management LLC grew its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 1.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 182,264 shares of the company’s stock after purchasing an additional 1,783 shares during the quarter. Van Hulzen Asset Management LLC’s holdings in Mondelez International were worth $13,201,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. DekaBank Deutsche Girozentrale grew its position in shares of Mondelez International by 5.1% during the fourth quarter. DekaBank Deutsche Girozentrale now owns 2,480,235 shares of the company’s stock worth $179,520,000 after acquiring an additional 120,665 shares during the last quarter. Handelsinvest Investeringsforvaltning purchased a new stake in shares of Mondelez International in the fourth quarter valued at approximately $1,650,000. Signature Estate & Investment Advisors LLC grew its stake in shares of Mondelez International by 4.7% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 38,518 shares of the company’s stock worth $2,789,000 after purchasing an additional 1,713 shares during the period. Bahl & Gaynor Inc. grew its position in Mondelez International by 1.1% during the fourth quarter. Bahl & Gaynor Inc. now owns 5,832,772 shares of the company’s stock worth $422,468,000 after buying an additional 62,595 shares during the period. Finally, HS Management Partners LLC lifted its position in shares of Mondelez International by 8.3% during the 4th quarter. HS Management Partners LLC now owns 1,671,075 shares of the company’s stock valued at $121,036,000 after acquiring an additional 128,490 shares during the period. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Trading Up 1.4 %

NASDAQ:MDLZ traded up $1.00 during trading hours on Friday, reaching $71.20. 5,363,902 shares of the company were exchanged, compared to its average volume of 9,614,830. The firm has a market cap of $95.87 billion, a price-to-earnings ratio of 22.60, a PEG ratio of 2.47 and a beta of 0.55. The stock has a 50 day simple moving average of $69.98 and a 200 day simple moving average of $71.09. Mondelez International, Inc. has a 52-week low of $60.75 and a 52-week high of $78.54. 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:MDLZGet Free Report) last issued its 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 firm had revenue of $9.29 billion for the quarter, compared to analysts’ expectations of $9.16 billion. Mondelez International had a return on equity of 16.11% and a net margin of 11.87%. The firm’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.89 earnings per share. As a group, analysts predict that Mondelez International, Inc. will post 3.5 EPS for the current year.

Wall Street Analyst Weigh In

MDLZ has been the subject of several research reports. Sanford C. Bernstein lifted their price objective on Mondelez International from $88.00 to $90.00 and gave the stock an “outperform” rating in a report on Wednesday, May 1st. JPMorgan Chase & Co. reduced their price target on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a 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. Citigroup dropped their price target on 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, Stifel Nicolaus increased their price objective on Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. One investment analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $80.75.

Check Out Our Latest Report on Mondelez International

Mondelez International Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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