Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by Aureus Asset Management LLC

Aureus Asset Management LLC lowered its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 0.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 96,319 shares of the company’s stock after selling 882 shares during the period. Aureus Asset Management LLC’s holdings in Mondelez International were worth $7,096,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. FMR LLC lifted its holdings in Mondelez International by 14.2% in the third quarter. FMR LLC now owns 18,255,657 shares of the company’s stock worth $1,344,894,000 after acquiring an additional 2,268,639 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in Mondelez International by 2.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 17,215,182 shares of the company’s stock worth $1,268,242,000 after acquiring an additional 489,068 shares during the last quarter. Mizuho Securities USA LLC lifted its holdings in Mondelez International by 12,057.4% in the third quarter. Mizuho Securities USA LLC now owns 12,574,000 shares of the company’s stock worth $926,327,000 after acquiring an additional 12,470,573 shares during the last quarter. Legal & General Group Plc raised its holdings in shares of Mondelez International by 2.6% during the second quarter. Legal & General Group Plc now owns 11,452,735 shares of the company’s stock valued at $749,467,000 after buying an additional 293,773 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Mondelez International by 13.6% during the second quarter. Dimensional Fund Advisors LP now owns 8,970,204 shares of the company’s stock valued at $587,094,000 after buying an additional 1,071,719 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Trading Down 0.2 %

Mondelez International stock opened at $64.95 on Monday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.42 and a current ratio of 0.63. The firm has a market cap of $86.85 billion, a price-to-earnings ratio of 23.03, a price-to-earnings-growth ratio of 2.93 and a beta of 0.55. Mondelez International, Inc. has a 1 year low of $63.40 and a 1 year high of $77.20. The firm’s 50 day moving average price is $69.04 and its two-hundred day moving average price is $69.10.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.14. The firm had revenue of $9.20 billion for the quarter, compared to analyst estimates of $9.11 billion. Mondelez International had a net margin of 10.58% and a return on equity of 17.53%. The firm’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.82 earnings per share. On average, research analysts predict that Mondelez International, Inc. will post 3.48 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Bank of America lifted their price target on Mondelez International from $80.00 to $84.00 and gave the company a “buy” rating in a report on Tuesday, October 15th. Citigroup cut their price target on Mondelez International from $80.00 to $78.00 and set a “buy” rating on the stock in a report on Wednesday, October 30th. Redburn Atlantic assumed coverage on Mondelez International in a report on Tuesday, October 22nd. They set a “buy” rating and a $82.00 price target on the stock. Evercore ISI lifted their price target on Mondelez International from $79.00 to $85.00 and gave the company an “outperform” rating in a report on Thursday, September 26th. Finally, Piper Sandler lifted their price target on Mondelez International from $74.00 to $84.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. One analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat, Mondelez International presently has an average rating of “Moderate Buy” and an average target price of $79.93.

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.