Vestmark Advisory Solutions Inc. Raises Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Vestmark Advisory Solutions Inc. boosted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 0.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,593 shares of the company’s stock after buying an additional 265 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Mondelez International were worth $2,578,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. HHM Wealth Advisors LLC acquired a new position in shares of Mondelez International during the fourth quarter worth $29,000. Carmel Capital Partners LLC acquired a new position in Mondelez International during the 3rd quarter valued at about $28,000. First Command Advisory Services Inc. purchased a new position in shares of Mondelez International in the 3rd quarter valued at approximately $29,000. Orion Capital Management LLC purchased a new position in shares of Mondelez International in the third quarter worth $35,000. Finally, Milestone Investment Advisors LLC acquired a new stake in shares of Mondelez International during the third quarter worth $56,000. Institutional investors own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. JPMorgan Chase & Co. lowered their price target on Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a research report on Friday, April 12th. Barclays cut their price target on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. Citigroup decreased their price objective 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. Sanford C. Bernstein increased their price objective on shares of Mondelez International from $88.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, January 18th. One analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $80.75.

Mondelez International Price Performance

Shares of MDLZ traded down $0.61 during mid-day trading on Friday, hitting $69.89. 8,093,601 shares of the company were exchanged, compared to its average volume of 9,882,163. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.43 and a current ratio of 0.77. Mondelez International, Inc. has a 1-year low of $60.75 and a 1-year high of $78.54. The stock has a market cap of $94.11 billion, a price-to-earnings ratio of 22.19, a price-to-earnings-growth ratio of 2.42 and a beta of 0.55. The company has a 50 day moving average of $70.21 and a 200-day moving average of $70.91.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, April 30th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.89 by $0.06. Mondelez International had a return on equity of 16.11% and a net margin of 11.87%. The firm had revenue of $9.29 billion during the quarter, compared to analysts’ expectations of $9.16 billion. During the same period in the previous year, the business earned $0.89 earnings per share. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. Analysts expect that Mondelez International, Inc. will post 3.5 EPS 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.