Mizuho Securities USA LLC Has $926.33 Million Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Mizuho Securities USA LLC raised its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 12,057.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,574,000 shares of the company’s stock after acquiring an additional 12,470,573 shares during the period. Mondelez International comprises 2.4% of Mizuho Securities USA LLC’s holdings, making the stock its 10th biggest holding. Mizuho Securities USA LLC owned approximately 0.94% of Mondelez International worth $926,327,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Axiom Advisory LLC grew its stake in shares of Mondelez International by 1.6% during the 3rd quarter. Axiom Advisory LLC now owns 9,152 shares of the company’s stock valued at $643,000 after purchasing an additional 143 shares during the period. Cadence Bank increased its holdings in Mondelez International by 1.3% in the 1st quarter. Cadence Bank now owns 11,489 shares of the company’s stock valued at $804,000 after acquiring an additional 148 shares during the last quarter. Evermay Wealth Management LLC boosted its stake in Mondelez International by 2.6% during the first quarter. Evermay Wealth Management LLC now owns 5,812 shares of the company’s stock valued at $409,000 after buying an additional 149 shares during the last quarter. Sachetta LLC grew its holdings in shares of Mondelez International by 14.0% in the second quarter. Sachetta LLC now owns 1,215 shares of the company’s stock valued at $81,000 after purchasing an additional 149 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. increased its holdings in shares of Mondelez International by 16.5% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 1,058 shares of the company’s stock worth $78,000 after buying an additional 150 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Trading Down 1.6 %

NASDAQ MDLZ opened at $64.49 on Friday. The stock has a market capitalization of $86.24 billion, a P/E ratio of 22.87, a P/E/G ratio of 2.98 and a beta of 0.55. The firm has a 50-day moving average price of $71.11 and a 200 day moving average price of $69.56. Mondelez International, Inc. has a 52-week low of $63.91 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.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data 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 firm had revenue of $9.20 billion during the quarter, compared to the consensus estimate of $9.11 billion. Mondelez International had a return on equity of 17.53% and a net margin of 10.58%. The company’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.82 EPS. Equities research analysts expect that Mondelez International, Inc. will post 3.48 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Wells Fargo & Company cut their price target on shares of Mondelez International from $82.00 to $78.00 and set an “overweight” rating on the stock in a report on Wednesday, October 30th. JPMorgan Chase & Co. boosted their price target 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. Piper Sandler lifted their target price on Mondelez International from $74.00 to $84.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Bank of America upped their price target on Mondelez International from $80.00 to $84.00 and gave the stock a “buy” rating in a research report on Tuesday, October 15th. Finally, Barclays dropped 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 report on Friday, July 19th. One equities research analyst has rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $80.31.

About Mondelez International

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.