Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by Fiduciary Family Office LLC

Fiduciary Family Office LLC trimmed its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 10.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,636 shares of the company’s stock after selling 1,207 shares during the quarter. Fiduciary Family Office LLC’s holdings in Mondelez International were worth $784,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Norden Group LLC boosted its stake in Mondelez International by 39.8% during the 1st quarter. Norden Group LLC now owns 8,695 shares of the company’s stock worth $609,000 after purchasing an additional 2,476 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in Mondelez International during the 1st quarter worth $1,686,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its stake in Mondelez International by 142.4% during the 1st quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 13,576 shares of the company’s stock worth $950,000 after purchasing an additional 7,975 shares during the last quarter. Callan Capital LLC acquired a new stake in Mondelez International during the 1st quarter worth $247,000. Finally, Mediolanum International Funds Ltd acquired a new stake in Mondelez International during the 1st quarter worth $8,901,000. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Price Performance

NASDAQ:MDLZ traded up $0.06 during trading hours on Tuesday, hitting $68.42. The company’s stock had a trading volume of 565,306 shares, compared to its average volume of 6,750,067. The business’s 50-day moving average is $72.28 and its two-hundred day moving average is $69.82. The company has a market capitalization of $91.40 billion, a PE ratio of 24.24, a PEG ratio of 2.94 and a beta of 0.55. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.42 and a current ratio of 0.63. Mondelez International, Inc. has a 52-week low of $64.18 and a 52-week high of $77.20.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, October 29th. The company reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.14. Mondelez International had a return on equity of 17.53% and a net margin of 10.58%. The business had revenue of $9.20 billion during the quarter, compared to analysts’ expectations of $9.11 billion. During the same quarter last year, the business posted $0.82 earnings per share. The business’s revenue for the quarter was up 1.9% on a year-over-year basis. As a group, research analysts anticipate that Mondelez International, Inc. will post 3.49 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have issued reports on MDLZ shares. Deutsche Bank Aktiengesellschaft cut their price target on shares of Mondelez International from $78.00 to $75.00 and set a “buy” rating on the stock in a research note on Wednesday, July 17th. Barclays cut their target price on shares of Mondelez International from $80.00 to $76.00 and set an “overweight” rating on the stock in a research note on Friday, July 19th. Stifel Nicolaus upped their target price on shares of Mondelez International from $75.00 to $82.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. JPMorgan Chase & Co. upped their target price on shares of Mondelez International from $72.00 to $73.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 31st. Finally, The Goldman Sachs Group started coverage on shares of Mondelez International in a research note on Monday, August 12th. They set a “buy” rating and a $80.00 target price on the stock. One equities research analyst has rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $80.31.

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.