Lindbrook Capital LLC Has $551,000 Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Lindbrook Capital LLC increased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 5.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,477 shares of the company’s stock after purchasing an additional 356 shares during the quarter. Lindbrook Capital LLC’s holdings in Mondelez International were worth $551,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Richardson Financial Services Inc. boosted its stake in shares of Mondelez International by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 400 shares of the company’s stock valued at $28,000 after purchasing an additional 200 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. acquired a new stake in Mondelez International during the 2nd quarter worth $26,000. Lynx Investment Advisory bought a new stake in shares of Mondelez International during the 2nd quarter valued at $27,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Mondelez International in the 2nd quarter valued at $29,000. Finally, Highline Wealth Partners LLC bought a new position in shares of Mondelez International in the 3rd quarter worth $38,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on MDLZ. The Goldman Sachs Group assumed coverage on Mondelez International in a research note on Monday, August 12th. They issued a “buy” rating and a $80.00 target price on the stock. Evercore ISI boosted their price objective on shares of Mondelez International from $79.00 to $85.00 and gave the company an “outperform” rating in a report on Thursday, September 26th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Mondelez International from $78.00 to $75.00 and set a “buy” rating on the stock in a report on Wednesday, July 17th. JPMorgan Chase & Co. upped their price objective on shares of Mondelez International from $72.00 to $73.00 and gave the company an “overweight” rating in a research report on Wednesday, July 31st. Finally, Citigroup reduced their target price on Mondelez International from $80.00 to $78.00 and set a “buy” rating on the stock in a report on Wednesday, October 30th. One investment analyst has rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat, Mondelez International presently has a consensus rating of “Moderate Buy” and an average price target of $80.31.

Mondelez International Trading Up 0.7 %

Mondelez International stock opened at $66.20 on Friday. The company has a market cap of $88.52 billion, a price-to-earnings ratio of 23.48, a P/E/G ratio of 2.85 and a beta of 0.55. The firm has a 50-day moving average of $71.93 and a 200-day moving average of $69.75. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.63 and a quick ratio of 0.42. Mondelez International, Inc. has a one year low of $64.18 and a one year high of $77.20.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.14. The firm had revenue of $9.20 billion during the quarter, compared to the consensus estimate of $9.11 billion. Mondelez International had a return on equity of 17.53% and a net margin of 10.58%. The business’s revenue was up 1.9% compared to the same quarter last year. During the same period last year, the company earned $0.82 earnings per share. On average, equities analysts expect that Mondelez International, Inc. will post 3.49 earnings per share for the current fiscal 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.