Mondelez International, Inc. (NASDAQ:MDLZ) Shares Acquired by TCG Advisory Services LLC

TCG Advisory Services LLC lifted its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 91.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 13,100 shares of the company’s stock after acquiring an additional 6,269 shares during the quarter. TCG Advisory Services LLC’s holdings in Mondelez International were worth $949,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Murphy Middleton Hinkle & Parker Inc. lifted its stake in shares of Mondelez International by 3.9% in the 4th quarter. Murphy Middleton Hinkle & Parker Inc. now owns 3,651 shares of the company’s stock valued at $264,000 after purchasing an additional 136 shares during the period. Cobblestone Asset Management LLC lifted its stake in shares of Mondelez International by 2.8% in the 4th quarter. Cobblestone Asset Management LLC now owns 4,982 shares of the company’s stock valued at $361,000 after purchasing an additional 138 shares during the period. Graypoint LLC lifted its stake in shares of Mondelez International by 1.1% in the 4th quarter. Graypoint LLC now owns 12,281 shares of the company’s stock valued at $890,000 after purchasing an additional 138 shares during the period. Guyasuta Investment Advisors Inc. lifted its stake in shares of Mondelez International by 0.8% in the 4th quarter. Guyasuta Investment Advisors Inc. now owns 16,461 shares of the company’s stock valued at $1,192,000 after purchasing an additional 138 shares during the period. Finally, Beacon Capital Management LLC lifted its stake in shares of Mondelez International by 15.9% in the 4th quarter. Beacon Capital Management LLC now owns 1,019 shares of the company’s stock valued at $71,000 after purchasing an additional 140 shares during the period. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Price Performance

Shares of Mondelez International stock traded down $0.61 during trading hours on Friday, reaching $69.89. 8,093,601 shares of the company’s stock were exchanged, compared to its average volume of 9,882,163. Mondelez International, Inc. has a 1 year low of $60.75 and a 1 year high of $78.54. The company has a market capitalization of $94.11 billion, a P/E ratio of 22.19, a price-to-earnings-growth ratio of 2.44 and a beta of 0.55. The business has a fifty day moving average of $70.21 and a two-hundred day moving average of $70.91. The company has a quick ratio of 0.43, a current ratio of 0.77 and a debt-to-equity ratio of 0.59.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, April 30th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.06. The firm had revenue of $9.29 billion for the quarter, compared to analysts’ expectations of $9.16 billion. Mondelez International had a net margin of 11.87% and a return on equity of 16.11%. The company’s revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.89 EPS. As a group, research analysts predict that Mondelez International, Inc. will post 3.51 earnings per share for the current fiscal year.

Analysts Set New Price Targets

MDLZ has been the subject of several recent analyst reports. Barclays cut their price target on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a report on Friday, April 12th. StockNews.com lowered shares of Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Sanford C. Bernstein boosted their price target on shares of Mondelez International from $88.00 to $90.00 and gave the stock an “outperform” rating in a report on Wednesday. Citigroup cut their price target on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a report on Thursday, April 11th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, January 18th. One analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and a consensus price target of $80.75.

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.