Traders purchased shares of Mondelez International Inc. (NASDAQ:MDLZ) on weakness during trading hours on Monday. $26.31 million flowed into the stock on the tick-up and $18.73 million flowed out of the stock on the tick-down, for a money net flow of $7.58 million into the stock. Of all companies tracked, Mondelez International had the 13th highest net in-flow for the day. Mondelez International traded down ($0.02) for the day and closed at $43.04

Several brokerages recently weighed in on MDLZ. Morgan Stanley reiterated a “buy” rating on shares of Mondelez International in a research report on Wednesday, June 1st. Susquehanna upgraded Mondelez International from a “neutral” rating to a “positive” rating and lifted their price target for the company from $46.00 to $60.00 in a research report on Monday, July 25th. RBC Capital Markets reiterated an “outperform” rating and set a $54.00 price target (up from $52.00) on shares of Mondelez International in a research report on Thursday, July 28th. Zacks Investment Research cut Mondelez International from a “buy” rating to a “hold” rating in a research report on Wednesday, May 11th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Mondelez International in a research report on Friday, July 15th. Two research 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. Mondelez International has a consensus rating of “Buy” and a consensus price target of $47.20.

The company has a market cap of $66.95 billion and a P/E ratio of 9.12. The firm has a 50-day moving average price of $43.99 and a 200-day moving average price of $43.05.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Wednesday, July 27th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.04. During the same period last year, the company posted $0.47 earnings per share. The business had revenue of $6.30 billion for the quarter, compared to analysts’ expectations of $6.34 billion. The business’s quarterly revenue was down 17.7% on a year-over-year basis. On average, equities research analysts forecast that Mondelez International Inc. will post $1.84 EPS for the current fiscal year.

Other institutional investors have modified their holdings of the company. Schwab Charles Investment Management Inc. increased its position 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 worth $193,388,000 after buying an additional 103,013 shares during the period. Dimensional Fund Advisors LP increased its position 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 worth $494,514,000 after buying an additional 1,001,095 shares during the period. Ameriprise Financial Inc. increased its position 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 worth $48,200,000 after buying an additional 64,673 shares during the period. US Bancorp DE increased its position 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 worth $44,746,000 after buying an additional 3,452 shares during the period. Finally, Stephens Inc. AR increased its position 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 worth $1,340,000 after buying an additional 2,043 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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