Blue Square Asset Management LLC Buys 468 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Blue Square Asset Management LLC raised its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 2.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,144 shares of the company’s stock after purchasing an additional 468 shares during the period. Blue Square Asset Management LLC’s holdings in Mondelez International were worth $1,558,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of MDLZ. E Fund Management Hong Kong Co. Ltd. purchased a new position in Mondelez International during the 2nd quarter valued at about $26,000. Lynx Investment Advisory bought a new stake in Mondelez International during the 2nd quarter worth approximately $27,000. Richardson Financial Services Inc. lifted its stake in Mondelez International by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 400 shares of the company’s stock worth $28,000 after purchasing an additional 200 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Mondelez International in the second quarter worth $29,000. Finally, ESL Trust Services LLC bought a new stake in shares of Mondelez International during the 1st quarter valued at about $38,000. Institutional investors own 78.32% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on MDLZ shares. DA Davidson decreased their price target on shares of Mondelez International from $80.00 to $75.00 and set a “buy” rating on the stock in a research note on Wednesday, July 31st. Citigroup cut their price target on shares of Mondelez International from $80.00 to $78.00 and set a “buy” rating on the stock in a report on Wednesday, October 30th. Barclays cut their target price on Mondelez International from $80.00 to $76.00 and set an “overweight” rating on the stock in a research note on Friday, July 19th. The Goldman Sachs Group initiated coverage on shares of Mondelez International in a report on Monday, August 12th. They issued a “buy” rating and a $80.00 price objective for the company. Finally, Piper Sandler raised their target price on shares of Mondelez International from $74.00 to $84.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. One investment analyst has rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $80.31.

Mondelez International Stock Up 0.0 %

Shares of NASDAQ:MDLZ opened at $68.51 on Monday. The company has a current ratio of 0.63, a quick ratio of 0.50 and a debt-to-equity ratio of 0.59. The stock has a fifty day simple moving average of $72.35 and a two-hundred day simple moving average of $69.81. Mondelez International, Inc. has a 12-month low of $64.18 and a 12-month high of $77.20. The stock has a market capitalization of $91.52 billion, a price-to-earnings ratio of 24.29, a PEG ratio of 2.97 and a beta of 0.55.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.85 by $0.14. The company had revenue of $9.20 billion for the quarter, compared to the consensus estimate of $9.11 billion. Mondelez International had a net margin of 10.58% and a return on equity of 17.53%. Mondelez International’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.82 EPS. On average, research analysts anticipate 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.