Coldstream Capital Management Inc. Purchases 6,034 Shares of Mondelez International, Inc. $MDLZ

Coldstream Capital Management Inc. lifted its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 19.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,192 shares of the company’s stock after acquiring an additional 6,034 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Mondelez International were worth $2,510,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in MDLZ. Hemington Wealth Management raised its holdings in shares of Mondelez International by 11.4% in 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. E Fund Management Hong Kong Co. Ltd. increased its holdings in Mondelez International by 37.2% during the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 601 shares of the company’s stock valued at $41,000 after buying an additional 163 shares during the period. Enterprise Bank & Trust Co raised its stake in Mondelez International by 0.7% in the second quarter. Enterprise Bank & Trust Co now owns 23,964 shares of the company’s stock worth $1,616,000 after buying an additional 170 shares in the last quarter. Relyea Zuckerberg Hanson LLC lifted its holdings in Mondelez International by 4.9% during the second quarter. Relyea Zuckerberg Hanson LLC now owns 3,713 shares of the company’s stock worth $250,000 after buying an additional 175 shares during the period. Finally, RMR Wealth Builders lifted its holdings in Mondelez International by 3.6% during the second quarter. RMR Wealth Builders now owns 5,079 shares of the company’s stock worth $343,000 after buying an additional 176 shares during the period. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Stock Down 1.4%

NASDAQ:MDLZ opened at $56.19 on Tuesday. The company has a current ratio of 0.61, a quick ratio of 0.39 and a debt-to-equity ratio of 0.65. Mondelez International, Inc. has a twelve month low of $53.95 and a twelve month high of $71.15. The company has a market cap of $72.51 billion, a PE ratio of 21.05, a P/E/G ratio of 5.34 and a beta of 0.42. The company’s 50 day moving average is $60.13 and its two-hundred day moving average is $63.62.

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

Analysts Set New Price Targets

MDLZ has been the topic of a number of analyst reports. UBS Group cut their price target on Mondelez International from $69.00 to $65.00 and set a “neutral” rating on the stock in a report on Wednesday, October 8th. DZ Bank raised Mondelez International from a “sell” rating to a “buy” rating in a research report on Thursday, October 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Mondelez International in a report on Tuesday, October 14th. 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. Finally, Stifel Nicolaus cut their price objective on shares of Mondelez International from $76.00 to $70.00 and set a “buy” rating on the stock in a research report on Wednesday, October 29th. Fourteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Mondelez International currently has a consensus rating of “Moderate Buy” and an average target price of $68.32.

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.