Everpar Advisors LLC Takes $1.15 Million Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Everpar Advisors LLC bought a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 15,887 shares of the company’s stock, valued at approximately $1,151,000.

A number of other institutional investors also recently modified their holdings of the stock. Barlow Wealth Partners Inc. acquired a new stake in shares of Mondelez International in the 4th quarter valued at approximately $505,000. Sovereign Financial Group Inc. lifted its holdings in Mondelez International by 9.1% during the fourth quarter. Sovereign Financial Group Inc. now owns 5,645 shares of the company’s stock worth $409,000 after acquiring an additional 470 shares in the last quarter. Simmons Bank grew its stake in Mondelez International by 4.3% in the fourth quarter. Simmons Bank now owns 5,996 shares of the company’s stock valued at $434,000 after acquiring an additional 245 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of Mondelez International by 1.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,399,451 shares of the company’s stock worth $535,942,000 after acquiring an additional 127,904 shares in the last quarter. Finally, N.E.W. Advisory Services LLC bought a new position in shares of Mondelez International during the 4th quarter valued at about $203,000. 78.32% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Barclays lowered their target price on Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a research note on Friday, April 12th. JPMorgan Chase & Co. lowered their target price on Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a report on Friday, April 12th. StockNews.com cut Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Deutsche Bank Aktiengesellschaft boosted their target price on Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, January 18th. Finally, Citigroup lowered their price objective on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a report on Thursday, April 11th. One analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $80.75.

Mondelez International Stock Performance

NASDAQ MDLZ traded down $0.46 during trading on Wednesday, reaching $70.43. 6,514,857 shares of the company’s stock were exchanged, compared to its average volume of 7,905,893. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.77 and a quick ratio of 0.63. The business has a 50 day moving average price of $70.10 and a 200-day moving average price of $71.10. The stock has a market capitalization of $94.83 billion, a P/E ratio of 22.36, a PEG ratio of 2.47 and a beta of 0.55. Mondelez International, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $78.54.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, April 30th. The company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. Mondelez International had a return on equity of 16.11% and a net margin of 11.87%. The business had revenue of $9.29 billion for the quarter, compared to analyst estimates of $9.16 billion. During the same period in the previous year, the firm earned $0.89 EPS. The firm’s revenue was up 1.4% compared to the same quarter last year. Sell-side analysts forecast that Mondelez International, Inc. will post 3.5 earnings per share for the current fiscal year.

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.