Westwood Holdings Group Inc. Sells 284 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Westwood Holdings Group Inc. lessened its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 5.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 4,632 shares of the company’s stock after selling 284 shares during the period. Westwood Holdings Group Inc.’s holdings in Mondelez International were worth $277,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Marshall Investment Management LLC bought a new stake in Mondelez International in the 4th quarter valued at $26,000. Hager Investment Management Services LLC bought a new stake in Mondelez International in the 4th quarter valued at $27,000. Transce3nd LLC bought a new stake in Mondelez International in the 4th quarter valued at $30,000. Kohmann Bosshard Financial Services LLC bought a new stake in Mondelez International in the 4th quarter valued at $31,000. Finally, McClarren Financial Advisors Inc. bought a new stake in Mondelez International in the 4th quarter valued at $32,000. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Down 0.9%

Shares of NASDAQ MDLZ opened at $65.26 on Thursday. The firm’s 50-day simple moving average is $66.21 and its 200 day simple moving average is $63.34. The company has a market cap of $84.50 billion, a price-to-earnings ratio of 19.08, a price-to-earnings-growth ratio of 4.34 and a beta of 0.50. The company has a quick ratio of 0.48, a current ratio of 0.68 and a debt-to-equity ratio of 0.58. Mondelez International, Inc. has a 12-month low of $53.95 and a 12-month high of $76.06.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.07. Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. The business had revenue of $9.31 billion for the quarter, compared to the consensus estimate of $9.37 billion. During the same quarter in the prior year, the company earned $0.93 EPS. The firm’s quarterly revenue was up .2% on a year-over-year basis. On average, research analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have issued reports on MDLZ shares. DA Davidson lowered shares of Mondelez International from a “buy” rating to a “neutral” rating and boosted their price target for the company from $66.00 to $68.00 in a report on Thursday, April 24th. UBS Group upped their target price on shares of Mondelez International from $60.00 to $69.00 and gave the stock a “neutral” rating in a report on Thursday, April 17th. Mizuho upped their target price on shares of Mondelez International from $64.00 to $70.00 and gave the stock an “outperform” rating in a report on Friday, February 14th. The Goldman Sachs Group lowered their target price on shares of Mondelez International from $68.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. Finally, Evercore ISI upped their target price on shares of Mondelez International from $67.00 to $70.00 and gave the stock an “outperform” rating in a report on Wednesday, April 23rd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, Mondelez International currently has a consensus rating of “Moderate Buy” and an average price target of $70.55.

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.