Traders sold shares of Mondelez International Inc. (NASDAQ:MDLZ) on strength during trading hours on Monday. $52.39 million flowed into the stock on the tick-up and $261.09 million flowed out of the stock on the tick-down, for a money net flow of $208.70 million out of the stock. Of all stocks tracked, Mondelez International had the 0th highest net out-flow for the day. Mondelez International traded up $0.03 for the day and closed at $43.17

MDLZ has been the subject of several research reports. BMO Capital Markets reiterated a “buy” rating on shares of Mondelez International in a research report on Thursday, April 28th. Morgan Stanley reiterated a “buy” rating on shares of Mondelez International in a research report on Wednesday, June 1st. Zacks Investment Research upgraded Mondelez International from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a research report on Tuesday, April 26th. Susquehanna reiterated a “buy” rating on shares of Mondelez International in a research report on Monday, August 8th. Finally, Societe Generale lowered Mondelez International from a “buy” rating to a “hold” rating and lifted their target price for the stock from $35.88 to $43.94 in a research report on Thursday, July 28th. Two analysts have rated the stock with a sell rating, four have given a hold rating and fourteen have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $47.20.

The stock’s 50-day moving average is $44.32 and its 200 day moving average is $42.77. The stock has a market cap of $66.55 billion and a P/E ratio of 9.0655.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Wednesday, July 27th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.04. The company earned $6.30 billion during the quarter, compared to the consensus estimate of $6.34 billion. The company’s revenue for the quarter was down 17.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.47 earnings per share. On average, equities analysts predict that Mondelez International Inc. will post $1.84 earnings per share for the current year.

Several hedge funds and institutional investors have made changes to their positions in MDLZ. Principal Financial Group Inc. increased its position in shares of Mondelez International by 10.3% in the fourth quarter. Principal Financial Group Inc. now owns 2,584,732 shares of the company’s stock valued at $115,900,000 after buying an additional 240,758 shares during the last quarter. Schroder Investment Management Group increased its position in shares of Mondelez International by 93.4% in the fourth quarter. Schroder Investment Management Group now owns 975,997 shares of the company’s stock valued at $43,764,000 after buying an additional 471,474 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its position in shares of Mondelez International by 3.2% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 172,165 shares of the company’s stock valued at $7,720,000 after buying an additional 5,363 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of Mondelez International by 111.6% in the fourth quarter. Victory Capital Management Inc. now owns 41,483 shares of the company’s stock valued at $1,860,000 after buying an additional 21,879 shares during the last quarter. Finally, Andra AP fonden increased its position in shares of Mondelez International by 1.4% in the fourth quarter. Andra AP fonden now owns 322,700 shares of the company’s stock valued at $14,470,000 after buying an additional 4,300 shares during the last quarter.

Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers in approximately 165 countries around the world. The Company operates through five segments: Latin America; Asia Pacific; Eastern Europe, Middle East, and Africa (EEMEA); Europe, and North America.

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