Hara Capital LLC Acquires New Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Hara Capital LLC acquired a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 610 shares of the company’s stock, valued at approximately $45,000.

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

Mondelez International Price Performance

Mondelez International stock opened at $65.72 on Friday. The firm has a market cap of $87.79 billion, a PE ratio of 23.30, a price-to-earnings-growth ratio of 2.94 and a beta of 0.55. Mondelez International, Inc. has a 52-week low of $64.18 and a 52-week high of $77.20. The company has a quick ratio of 0.42, a current ratio of 0.63 and a debt-to-equity ratio of 0.59. The company’s 50 day moving average is $72.14 and its two-hundred day moving average is $69.80.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.14. Mondelez International had a net margin of 10.58% and a return on equity of 17.53%. The company had revenue of $9.20 billion for the quarter, compared to the consensus estimate of $9.11 billion. During the same period in the prior year, the firm posted $0.82 EPS. The company’s quarterly revenue was up 1.9% compared to the same quarter last year. On average, research analysts expect that Mondelez International, Inc. will post 3.49 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently commented on MDLZ. Redburn Atlantic began coverage on shares of Mondelez International in a report on Tuesday, October 22nd. They issued a “buy” rating and a $82.00 price objective on the stock. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Mondelez International from $78.00 to $75.00 and set a “buy” rating on the stock in a report on Wednesday, July 17th. Stifel Nicolaus upped their price objective on shares of Mondelez International from $75.00 to $82.00 and gave the stock a “buy” rating in a report on Friday, October 25th. The Goldman Sachs Group began coverage on shares of Mondelez International in a report on Monday, August 12th. They issued a “buy” rating and a $80.00 price objective on the stock. Finally, JPMorgan Chase & Co. upped their price objective on shares of Mondelez International from $72.00 to $73.00 and gave the stock an “overweight” rating in a report on Wednesday, July 31st. One analyst has rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price 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.