Mondelez International, Inc. (NASDAQ:MDLZ) Stock Holdings Lifted by Aviso Wealth Management

Aviso Wealth Management raised its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 5.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,830 shares of the company’s stock after buying an additional 1,068 shares during the period. Aviso Wealth Management’s holdings in Mondelez International were worth $1,461,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Aljian Capital Management LLC acquired a new stake in Mondelez International during the 3rd quarter valued at $419,000. Thrivent Financial for Lutherans raised its stake in Mondelez International by 13.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 197,964 shares of the company’s stock valued at $14,584,000 after purchasing an additional 23,497 shares during the period. Claro Advisors LLC raised its stake in Mondelez International by 10.7% during the 3rd quarter. Claro Advisors LLC now owns 15,878 shares of the company’s stock valued at $1,170,000 after purchasing an additional 1,535 shares during the period. Atlanta Consulting Group Advisors LLC raised its stake in Mondelez International by 3.4% during the 3rd quarter. Atlanta Consulting Group Advisors LLC now owns 6,450 shares of the company’s stock valued at $475,000 after purchasing an additional 215 shares during the period. Finally, RIA Advisory Group LLC acquired a new stake in Mondelez International during the 3rd quarter valued at $905,000. Institutional investors own 78.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on MDLZ shares. JPMorgan Chase & Co. upped their price target 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. Evercore ISI upped their price target on shares of Mondelez International from $79.00 to $85.00 and gave the stock an “outperform” rating in a research note on Thursday, September 26th. Citigroup dropped their price target on shares of Mondelez International from $80.00 to $78.00 and set a “buy” rating on the stock in a research note on Wednesday, October 30th. Piper Sandler upped their price target on shares of Mondelez International from $74.00 to $84.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. Finally, Wells Fargo & Company decreased their price objective on shares of Mondelez International from $82.00 to $78.00 and set an “overweight” rating for the company in a report on Wednesday, October 30th. One investment analyst has rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to data from MarketBeat.com, Mondelez International currently has an average rating of “Moderate Buy” and an average price target of $80.31.

Mondelez International Stock Performance

Shares of Mondelez International stock opened at $64.49 on Monday. The company has a market cap of $86.24 billion, a PE ratio of 22.87, a price-to-earnings-growth ratio of 2.91 and a beta of 0.55. The company has a current ratio of 0.63, a quick ratio of 0.42 and a debt-to-equity ratio of 0.59. The company has a 50 day moving average of $71.11 and a 200-day moving average of $69.54. Mondelez International, Inc. has a 1-year low of $63.91 and a 1-year high of $77.20.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, October 29th. The company reported $0.99 earnings per share (EPS) for the quarter, beating 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 net margin of 10.58% and a return on equity of 17.53%. The company’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.82 earnings per share. As a group, equities research analysts forecast that Mondelez International, Inc. will post 3.48 earnings per share for the current fiscal year.

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.