Mondelez International, Inc. $MDLZ Shares Acquired by Advisory Alpha LLC

Advisory Alpha LLC raised its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 3.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,590 shares of the company’s stock after purchasing an additional 338 shares during the quarter. Advisory Alpha LLC’s holdings in Mondelez International were worth $782,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Canopy Partners LLC boosted its holdings in shares of Mondelez International by 20.7% in the 1st quarter. Canopy Partners LLC now owns 16,800 shares of the company’s stock valued at $1,140,000 after acquiring an additional 2,876 shares during the last quarter. TCW Group Inc. boosted its holdings in shares of Mondelez International by 1.1% in the 1st quarter. TCW Group Inc. now owns 98,444 shares of the company’s stock valued at $6,679,000 after acquiring an additional 1,075 shares during the last quarter. CORDA Investment Management LLC. boosted its holdings in shares of Mondelez International by 1.5% in the 1st quarter. CORDA Investment Management LLC. now owns 573,612 shares of the company’s stock valued at $38,920,000 after acquiring an additional 8,456 shares during the last quarter. Ground Swell Capital LLC purchased a new stake in shares of Mondelez International in the 1st quarter valued at $392,000. Finally, Benjamin Edwards Inc. boosted its holdings in shares of Mondelez International by 19.6% in the 1st quarter. Benjamin Edwards Inc. now owns 501,976 shares of the company’s stock valued at $34,059,000 after acquiring an additional 82,144 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

MDLZ has been the topic of several recent research reports. Wells Fargo & Company dropped their price objective on shares of Mondelez International from $78.00 to $74.00 and set an “overweight” rating on the stock in a report on Thursday, September 25th. Barclays upped their price objective on shares of Mondelez International from $74.00 to $77.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Stifel Nicolaus upped their price objective on shares of Mondelez International from $73.00 to $76.00 and gave the company a “buy” rating in a report on Wednesday, July 30th. Piper Sandler upped their price objective on shares of Mondelez International from $66.00 to $67.00 and gave the company a “neutral” rating in a report on Wednesday, July 30th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Mondelez International from $75.00 to $74.00 and set an “overweight” rating on the stock in a report on Friday, October 17th. Twelve equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $70.39.

Mondelez International Stock Performance

Shares of NASDAQ MDLZ opened at $60.21 on Wednesday. The company’s fifty day moving average price is $62.16 and its 200 day moving average price is $65.04. Mondelez International, Inc. has a 1 year low of $53.95 and a 1 year high of $71.15. The company has a market capitalization of $77.91 billion, a PE ratio of 22.05, a price-to-earnings-growth ratio of 5.52 and a beta of 0.45. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.39 and a current ratio of 0.64.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, April 11th. The company reported $0.66 earnings per share (EPS) for the quarter. Mondelez International had a net margin of 9.84% and a return on equity of 15.35%. The firm had revenue of $7.30 billion for the quarter. On average, research analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current 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.