Capital Guardian Trust Co. Trims Stake in Mondelez International, Inc. (MDLZ)

Capital Guardian Trust Co. decreased its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 48.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 593,422 shares of the company’s stock after selling 562,066 shares during the period. Capital Guardian Trust Co.’s holdings in Mondelez International were worth $25,630,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Proficio Capital Partners LLC boosted its position in shares of Mondelez International by 637.3% during the 1st quarter. Proficio Capital Partners LLC now owns 2,271 shares of the company’s stock valued at $105,000 after purchasing an additional 1,963 shares in the last quarter. V Wealth Management LLC purchased a new stake in Mondelez International during the second quarter valued at about $116,000. Acrospire Investment Management LLC lifted its stake in Mondelez International by 1,450.0% during the second quarter. Acrospire Investment Management LLC now owns 3,100 shares of the company’s stock valued at $134,000 after buying an additional 2,900 shares in the last quarter. Chicago Partners Investment Group LLC lifted its stake in Mondelez International by 2,056.3% during the second quarter. Chicago Partners Investment Group LLC now owns 3,601 shares of the company’s stock valued at $157,000 after buying an additional 3,434 shares in the last quarter. Finally, Parkside Financial Bank & Trust lifted its stake in Mondelez International by 8.3% during the second quarter. Parkside Financial Bank & Trust now owns 4,076 shares of the company’s stock valued at $176,000 after buying an additional 311 shares in the last quarter. Institutional investors own 76.41% of the company’s stock.

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Mondelez International, Inc. (MDLZ) opened at $42.53 on Wednesday. The firm has a market cap of $62,839.01, a P/E ratio of 20.51, a P/E/G ratio of 1.74 and a beta of 0.98. The company has a current ratio of 0.51, a quick ratio of 0.34 and a debt-to-equity ratio of 0.49. Mondelez International, Inc. has a 52-week low of $39.19 and a 52-week high of $47.23.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Monday, October 30th. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.03. The firm had revenue of $6.53 billion for the quarter, compared to analyst estimates of $6.45 billion. Mondelez International had a net margin of 8.61% and a return on equity of 12.31%. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.52 earnings per share. equities analysts expect that Mondelez International, Inc. will post 2.14 EPS for the current year.

In other Mondelez International news, Director Lewis W. K. Booth acquired 1,500 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The shares were purchased at an average price of $41.29 per share, with a total value of $61,935.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Daniel P. Myers sold 7,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $40.94, for a total transaction of $286,580.00. Following the transaction, the executive vice president now directly owns 20,965 shares in the company, valued at approximately $858,307.10. The disclosure for this sale can be found here. 3.60% of the stock is currently owned by company insiders.

A number of analysts have commented on the stock. Susquehanna Bancshares Inc reaffirmed a “hold” rating on shares of Mondelez International in a research note on Wednesday, August 2nd. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Mondelez International in a research note on Friday, September 1st. UBS AG reaffirmed a “buy” rating and set a $51.00 price objective on shares of Mondelez International in a research note on Wednesday, August 9th. Zacks Investment Research lowered shares of Mondelez International from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $55.00 price objective on shares of Mondelez International in a research note on Wednesday, September 20th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $49.40.

Mondelez International Profile

Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.

Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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