Mondelez International Inc. (NASDAQ:MDLZ) shares were up 3.8% during mid-day trading on Tuesday . The company traded as high as $45.09 and last traded at $44.69, with a volume of 8,437,682 shares. The stock had previously closed at $43.04.

A number of research analysts recently issued reports on MDLZ shares. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $53.00 target price on shares of Mondelez International in a report on Friday, June 3rd. Zacks Investment Research cut Mondelez International from a “hold” rating to a “sell” rating in a research note on Tuesday, July 19th. Susquehanna reissued a “neutral” rating on shares of Mondelez International in a research note on Tuesday, June 21st. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Mondelez International in a research note on Saturday, July 2nd. Finally, Societe Generale cut Mondelez International from a “buy” rating to a “hold” rating and lifted their price target for the stock from $35.88 to $43.94 in a research note on Thursday, July 28th. Two analysts have rated the stock with a sell rating, four have given a hold rating and fourteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $47.20.

The firm has a 50 day moving average of $43.99 and a 200-day moving average of $43.05. The company has a market capitalization of $69.59 billion and a PE ratio of 9.48.

Mondelez International (NASDAQ:MDLZ) last released its earnings results 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 analyst estimates of $6.34 billion. During the same period in the previous year, the company posted $0.47 EPS. The company’s quarterly revenue was down 17.7% compared to the same quarter last year. Equities research analysts predict that Mondelez International Inc. will post $1.84 earnings per share for the current year.

Several large investors have made changes to their positions in the company. Stephens Inc. AR increased its stake in shares of Mondelez International by 7.3% in the fourth quarter. Stephens Inc. AR now owns 29,879 shares of the company’s stock valued at $1,340,000 after buying an additional 2,043 shares during the period. US Bancorp DE increased its stake in shares of Mondelez International by 0.3% in the fourth quarter. US Bancorp DE now owns 997,901 shares of the company’s stock valued at $44,746,000 after buying an additional 3,452 shares during the period. Ameriprise Financial Inc. increased its stake in shares of Mondelez International by 6.4% in the fourth quarter. Ameriprise Financial Inc. now owns 1,073,660 shares of the company’s stock valued at $48,200,000 after buying an additional 64,673 shares during the period. Schwab Charles Investment Management Inc. increased its stake in shares of Mondelez International by 2.4% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 4,312,839 shares of the company’s stock valued at $193,388,000 after buying an additional 103,013 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Mondelez International by 10.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 11,027,731 shares of the company’s stock valued at $494,514,000 after buying an additional 1,001,095 shares during the period.

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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