Mondelez International, Inc. $MDLZ Shares Sold by BLB&B Advisors LLC

BLB&B Advisors LLC decreased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 10.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,110 shares of the company’s stock after selling 837 shares during the quarter. BLB&B Advisors LLC’s holdings in Mondelez International were worth $479,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Hemington Wealth Management increased its stake in Mondelez International by 11.4% during the 1st quarter. Hemington Wealth Management now owns 1,519 shares of the company’s stock valued at $103,000 after purchasing an additional 156 shares in the last quarter. Checchi Capital Advisers LLC increased its stake in Mondelez International by 1.0% during the 1st quarter. Checchi Capital Advisers LLC now owns 15,959 shares of the company’s stock valued at $1,083,000 after purchasing an additional 160 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. increased its stake in Mondelez International by 37.2% during the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 601 shares of the company’s stock valued at $41,000 after purchasing an additional 163 shares in the last quarter. Enterprise Bank & Trust Co increased its stake in Mondelez International by 0.7% during the 2nd quarter. Enterprise Bank & Trust Co now owns 23,964 shares of the company’s stock valued at $1,616,000 after purchasing an additional 170 shares in the last quarter. Finally, Sage Private Wealth Group LLC increased its stake in Mondelez International by 3.7% during the 1st quarter. Sage Private Wealth Group LLC now owns 4,921 shares of the company’s stock valued at $334,000 after purchasing an additional 175 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Bank of America cut their price objective on shares of Mondelez International from $75.00 to $69.00 and set a “buy” rating on the stock in a research note on Wednesday. Jefferies Financial Group upgraded shares of Mondelez International from a “hold” rating to a “buy” rating and increased their price objective for the stock from $66.00 to $78.00 in a research note on Thursday, July 17th. JPMorgan Chase & Co. cut their price objective on shares of Mondelez International from $74.00 to $71.00 and set an “overweight” rating on the stock in a research note on Wednesday. DZ Bank upgraded shares of Mondelez International from a “sell” rating to a “buy” rating in a research note on Thursday. Finally, Sanford C. Bernstein cut their price objective on shares of Mondelez International from $85.00 to $84.00 and set an “outperform” rating on the stock in a research note on Wednesday. Fourteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Mondelez International presently has a consensus rating of “Moderate Buy” and an average target price of $68.68.

Mondelez International Stock Down 0.1%

MDLZ stock opened at $57.78 on Friday. The firm has a market cap of $74.76 billion, a PE ratio of 21.64, a P/E/G ratio of 5.34 and a beta of 0.45. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.39 and a current ratio of 0.61. The firm’s fifty day moving average is $61.95 and its 200 day moving average is $64.93. Mondelez International, Inc. has a one year low of $53.95 and a one year high of $71.15.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, April 11th. The company reported $0.66 EPS for the quarter. The company had revenue of $7.30 billion for the quarter. Mondelez International had a net margin of 9.38% and a return on equity of 14.16%. On average, research analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current 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.