Vestmark Advisory Solutions Inc. Has $2.58 Million Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Vestmark Advisory Solutions Inc. raised its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 0.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 35,593 shares of the company’s stock after buying an additional 265 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Mondelez International were worth $2,578,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Carmel Capital Partners LLC acquired a new stake in Mondelez International during the third quarter worth about $28,000. First Command Advisory Services Inc. acquired a new stake in shares of Mondelez International during the 3rd quarter worth approximately $29,000. HHM Wealth Advisors LLC bought a new stake in shares of Mondelez International during the fourth quarter valued at approximately $29,000. Orion Capital Management LLC acquired a new position in shares of Mondelez International in the third quarter valued at $35,000. Finally, Milestone Investment Advisors LLC bought a new position in Mondelez International in the third quarter worth $56,000. 78.32% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Stifel Nicolaus raised their price objective on shares of Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. Barclays decreased their price objective on Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. Citigroup cut their target price on Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a research report on Thursday, April 11th. StockNews.com cut Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, Sanford C. Bernstein increased their price objective on Mondelez International from $88.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday. One equities research analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. Based on data from MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and a consensus price target of $80.75.

Mondelez International Price Performance

Shares of NASDAQ MDLZ traded down $0.61 during trading on Friday, reaching $69.89. The company had a trading volume of 8,093,601 shares, compared to its average volume of 9,882,163. Mondelez International, Inc. has a 52 week low of $60.75 and a 52 week high of $78.54. The business’s 50 day moving average price is $70.21 and its 200-day moving average price is $70.91. The stock has a market cap of $94.11 billion, a PE ratio of 22.19, a PEG ratio of 2.42 and a beta of 0.55. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.43 and a current ratio of 0.77.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, April 30th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.06. The firm had revenue of $9.29 billion during 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%. Mondelez International’s revenue was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.89 EPS. Analysts expect that Mondelez International, Inc. will post 3.5 earnings per share for the current year.

About Mondelez International

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.