RWA Wealth Partners LLC Lowers Position in Mondelez International, Inc. $MDLZ

RWA Wealth Partners LLC trimmed its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 9.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,635 shares of the company’s stock after selling 1,452 shares during the quarter. RWA Wealth Partners LLC’s holdings in Mondelez International were worth $920,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in MDLZ. AGF Management Ltd. boosted its holdings in Mondelez International by 4.4% during the second quarter. AGF Management Ltd. now owns 1,737,816 shares of the company’s stock worth $117,198,000 after purchasing an additional 73,036 shares during the last quarter. AE Wealth Management LLC lifted its position in shares of Mondelez International by 26.4% during the 2nd quarter. AE Wealth Management LLC now owns 65,320 shares of the company’s stock worth $4,405,000 after buying an additional 13,652 shares in the last quarter. Stokes Family Office LLC lifted its position in shares of Mondelez International by 36.3% during the 2nd quarter. Stokes Family Office LLC now owns 21,589 shares of the company’s stock worth $1,456,000 after buying an additional 5,754 shares in the last quarter. Rovin Capital UT ADV grew its holdings in shares of Mondelez International by 9.7% in the second quarter. Rovin Capital UT ADV now owns 4,492 shares of the company’s stock valued at $303,000 after acquiring an additional 398 shares in the last quarter. Finally, Aspect Partners LLC grew its holdings in shares of Mondelez International by 180.5% in the second quarter. Aspect Partners LLC now owns 474 shares of the company’s stock valued at $32,000 after acquiring an additional 305 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Trading Up 1.8%

Shares of Mondelez International stock opened at $57.18 on Monday. The stock has a market capitalization of $73.99 billion, a P/E ratio of 21.42, a P/E/G ratio of 5.34 and a beta of 0.42. Mondelez International, Inc. has a 52-week low of $53.95 and a 52-week high of $71.15. 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 stock’s 50-day simple moving average is $61.31 and its 200 day simple moving average is $64.43.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, April 11th. The company reported $0.66 earnings per share for the quarter. Mondelez International had a net margin of 9.38% and a return on equity of 14.16%. The firm had revenue of $7.30 billion during the quarter. As a group, research analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current year.

Analyst Upgrades and Downgrades

MDLZ has been the topic of several research analyst reports. Mizuho cut their price objective on Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 28th. UBS Group lowered their target price on Mondelez International from $69.00 to $65.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 8th. Berenberg Bank lowered shares of Mondelez International from a “buy” rating to a “hold” rating and set a $70.00 price target for the company. in a research report on Thursday, October 2nd. DZ Bank raised shares of Mondelez International from a “sell” rating to a “buy” rating in a research report on Thursday, October 30th. Finally, Wall Street Zen cut shares of Mondelez International from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. Fourteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, Mondelez International has a consensus rating of “Moderate Buy” and an average price target of $68.68.

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.