4,000 Shares in Mondelez International, Inc. $MDLZ Bought by Quinn Opportunity Partners LLC

Quinn Opportunity Partners LLC bought a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 4,000 shares of the company’s stock, valued at approximately $270,000.

A number of other large investors also recently modified their holdings of MDLZ. Brighton Jones LLC grew its holdings in shares of Mondelez International by 92.4% during the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock valued at $874,000 after purchasing an additional 7,025 shares during the last quarter. Stephens Inc. AR boosted its position in Mondelez International by 1.7% during the 1st quarter. Stephens Inc. AR now owns 27,035 shares of the company’s stock valued at $1,834,000 after purchasing an additional 464 shares during the period. CWM LLC grew its stake in Mondelez International by 12.1% during the 1st quarter. CWM LLC now owns 115,460 shares of the company’s stock worth $7,834,000 after buying an additional 12,482 shares during the last quarter. Bleakley Financial Group LLC increased its position in Mondelez International by 13.5% in the first quarter. Bleakley Financial Group LLC now owns 29,994 shares of the company’s stock worth $2,035,000 after buying an additional 3,578 shares during the period. Finally, Sigma Planning Corp lifted its stake in Mondelez International by 19.5% in the first quarter. Sigma Planning Corp now owns 13,743 shares of the company’s stock valued at $932,000 after buying an additional 2,244 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on MDLZ. Jefferies Financial Group raised shares of Mondelez International from a “hold” rating to a “buy” rating and increased their price objective for the stock from $66.00 to $78.00 in a report on Thursday, July 17th. Mizuho reduced their price objective on Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a research report on Tuesday, October 28th. Barclays decreased their price objective on Mondelez International from $71.00 to $67.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. UBS Group reduced their price target on Mondelez International from $69.00 to $65.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. Finally, Zacks Research cut Mondelez International from a “hold” rating to a “strong sell” rating in a research note on Monday. Fourteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $68.37.

Mondelez International Stock Down 0.2%

MDLZ stock opened at $57.01 on Thursday. The firm has a market cap of $73.56 billion, a PE ratio of 21.35, a P/E/G ratio of 5.34 and a beta of 0.42. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $71.15. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.61 and a quick ratio of 0.39. The firm has a 50 day simple moving average of $61.02 and a 200 day simple moving average of $64.26.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, April 11th. The company reported $0.66 earnings per share (EPS) for the quarter. The company had revenue of $7.30 billion for the quarter. Mondelez International had a return on equity of 14.16% and a net margin of 9.38%. Equities research analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal 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.