Mondelez International, Inc. $MDLZ Shares Sold by Boyd Watterson Asset Management LLC OH

Boyd Watterson Asset Management LLC OH trimmed its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 2.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,548 shares of the company’s stock after selling 518 shares during the period. Boyd Watterson Asset Management LLC OH’s holdings in Mondelez International were worth $1,318,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in MDLZ. Price T Rowe Associates Inc. MD grew its holdings in Mondelez International by 90.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,017,101 shares of the company’s stock valued at $1,968,811,000 after purchasing an additional 13,755,181 shares in the last quarter. Nuveen LLC acquired a new stake in Mondelez International during the 1st quarter valued at $866,843,000. Goldman Sachs Group Inc. grew its holdings in Mondelez International by 57.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,446,774 shares of the company’s stock valued at $640,964,000 after purchasing an additional 3,454,174 shares in the last quarter. Natixis Advisors LLC grew its holdings in Mondelez International by 148.6% during the 1st quarter. Natixis Advisors LLC now owns 2,970,513 shares of the company’s stock valued at $201,549,000 after purchasing an additional 1,775,570 shares in the last quarter. Finally, Brown Advisory Inc. grew its holdings in Mondelez International by 659.9% during the 1st quarter. Brown Advisory Inc. now owns 1,503,137 shares of the company’s stock valued at $101,988,000 after purchasing an additional 1,305,332 shares in the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MDLZ has been the subject of several recent analyst reports. UBS Group decreased their price objective on shares of Mondelez International from $69.00 to $65.00 and set a “neutral” rating for the company in a report on Wednesday, October 8th. Wells Fargo & Company decreased their price objective on shares of Mondelez International from $78.00 to $74.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. Weiss Ratings reissued a “hold (c)” rating on shares of Mondelez International in a report on Tuesday, October 14th. Berenberg Bank lowered shares of Mondelez International from a “buy” rating to a “hold” rating and set a $70.00 price objective for the company. in a report on Thursday, October 2nd. Finally, Evercore ISI decreased their price objective on shares of Mondelez International from $73.00 to $72.00 and set an “outperform” rating for the company in a report on Friday, September 26th. Twelve equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Mondelez International has a consensus rating of “Moderate Buy” and an average price target of $70.22.

Mondelez International Trading Up 1.5%

Shares of NASDAQ:MDLZ opened at $61.66 on Tuesday. The company has a market cap of $79.78 billion, a PE ratio of 22.59, a P/E/G ratio of 5.44 and a beta of 0.45. The company’s 50-day moving average price is $62.21 and its 200 day moving average price is $65.08. Mondelez International, Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $71.15. The company has a quick ratio of 0.39, a current ratio of 0.64 and a debt-to-equity ratio of 0.69.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, April 11th. The company reported $0.66 earnings per share for the quarter. The firm had revenue of $7.30 billion for the quarter. Mondelez International had a net margin of 9.84% and a return on equity of 15.35%. Sell-side analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International 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.