Charles Schwab Investment Management Inc. Increases Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Charles Schwab Investment Management Inc. increased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 1.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,399,451 shares of the company’s stock after buying an additional 127,904 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Mondelez International were worth $535,942,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Carmel Capital Partners LLC purchased a new stake in shares of Mondelez International in the third quarter valued at about $28,000. First Command Advisory Services Inc. bought a new stake in Mondelez International in the 3rd quarter worth about $29,000. HHM Wealth Advisors LLC purchased a new stake in Mondelez International in the 4th quarter valued at about $29,000. Orion Capital Management LLC bought a new position in shares of Mondelez International during the 3rd quarter worth approximately $35,000. Finally, Milestone Investment Advisors LLC purchased a new position in shares of Mondelez International in the 3rd quarter worth approximately $56,000. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Price Performance

Shares of NASDAQ MDLZ traded up $0.96 during midday trading on Tuesday, hitting $70.89. 4,315,446 shares of the company’s stock were exchanged, compared to its average volume of 7,921,690. The business’s fifty day moving average price is $70.10 and its two-hundred day moving average price is $71.10. The company has a market cap of $95.45 billion, a price-to-earnings ratio of 22.50, a PEG ratio of 2.47 and a beta of 0.55. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 0.59. Mondelez International, Inc. has a 12-month low of $60.75 and a 12-month high of $78.54.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, April 30th. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. Mondelez International had a net margin of 11.87% and a return on equity of 16.11%. The firm had revenue of $9.29 billion for the quarter, compared to analyst estimates of $9.16 billion. During the same quarter in the prior year, the firm earned $0.89 EPS. The business’s revenue for the quarter was up 1.4% compared to the same quarter last year. As a group, research analysts forecast that Mondelez International, Inc. will post 3.5 EPS for the current fiscal year.

Wall Street Analyst Weigh In

MDLZ has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price target on Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a 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 report on Thursday, April 11th. Stifel Nicolaus boosted their target price on shares of Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. Finally, StockNews.com downgraded shares of Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. One equities research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $80.75.

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.