Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by Hills Bank & Trust Co

Hills Bank & Trust Co cut its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 4.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 47,614 shares of the company’s stock after selling 2,004 shares during the period. Hills Bank & Trust Co’s holdings in Mondelez International were worth $3,508,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the stock. Kovack Advisors Inc. acquired a new stake in shares of Mondelez International in the first quarter valued at about $237,000. Norden Group LLC raised its position in shares of Mondelez International by 39.8% in the first quarter. Norden Group LLC now owns 8,695 shares of the company’s stock valued at $609,000 after buying an additional 2,476 shares during the last quarter. J.W. Cole Advisors Inc. raised its position in shares of Mondelez International by 8.8% in the first quarter. J.W. Cole Advisors Inc. now owns 9,937 shares of the company’s stock valued at $696,000 after buying an additional 800 shares during the last quarter. Diversify Advisory Services LLC acquired a new stake in shares of Mondelez International in the first quarter valued at about $1,609,000. Finally, Mission Wealth Management LP raised its position in shares of Mondelez International by 42.5% in the first quarter. Mission Wealth Management LP now owns 11,980 shares of the company’s stock valued at $839,000 after buying an additional 3,572 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MDLZ has been the subject of a number of analyst reports. JPMorgan Chase & Co. upped their price objective on shares of Mondelez International from $72.00 to $73.00 and gave the company an “overweight” rating in a report on Wednesday, July 31st. Barclays dropped their price objective on shares of Mondelez International from $80.00 to $76.00 and set an “overweight” rating for the company in a report on Friday, July 19th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Mondelez International from $78.00 to $75.00 and set a “buy” rating for the company in a report on Wednesday, July 17th. DA Davidson dropped their price objective on shares of Mondelez International from $80.00 to $75.00 and set a “buy” rating for the company in a report on Wednesday, July 31st. Finally, Sanford C. Bernstein dropped their price objective on shares of Mondelez International from $90.00 to $88.00 and set an “outperform” rating for the company in a report on Wednesday, July 17th. One analyst has rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $79.94.

Mondelez International Stock Up 0.1 %

Shares of MDLZ opened at $68.57 on Friday. The stock has a market capitalization of $91.60 billion, a PE ratio of 24.28, a P/E/G ratio of 2.96 and a beta of 0.54. Mondelez International, Inc. has a 1 year low of $64.18 and a 1 year high of $77.20. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.50 and a current ratio of 0.63. The company’s 50-day simple moving average is $72.40 and its 200-day simple moving average is $69.74.

Mondelez International (NASDAQ:MDLZ) last issued 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 business had revenue of $9.20 billion for the quarter, compared to analysts’ expectations of $9.11 billion. Mondelez International had a net margin of 10.58% and a return on equity of 17.53%. The business’s quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.82 earnings per share. Analysts forecast that Mondelez International, Inc. will post 3.49 earnings per share for the current fiscal year.

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.