Creative Planning boosted its stake in shares of Mondelez International Inc. (NASDAQ:MDLZ) by 26.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 180,092 shares of the company’s stock after buying an additional 38,001 shares during the period. Creative Planning’s holdings in Mondelez International were worth $7,906,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Ferguson Wellman Capital Management Inc. increased its position in Mondelez International by 6,669.6% in the second quarter. Ferguson Wellman Capital Management Inc. now owns 508,399 shares of the company’s stock worth $23,137,000 after buying an additional 500,889 shares during the last quarter. Waters Parkerson & CO. LLC increased its position in Mondelez International by 1.6% in the second quarter. Waters Parkerson & CO. LLC now owns 13,438 shares of the company’s stock worth $612,000 after buying an additional 217 shares during the last quarter. Boston Private Wealth LLC increased its position in Mondelez International by 0.6% in the second quarter. Boston Private Wealth LLC now owns 459,937 shares of the company’s stock worth $20,931,000 after buying an additional 2,627 shares during the last quarter. Stoneridge Investment Partners LLC increased its position in Mondelez International by 44.5% in the second quarter. Stoneridge Investment Partners LLC now owns 269,963 shares of the company’s stock worth $12,286,000 after buying an additional 83,154 shares during the last quarter. Finally, Norinchukin Bank The increased its position in Mondelez International by 26.1% in the second quarter. Norinchukin Bank The now owns 241,828 shares of the company’s stock worth $11,006,000 after buying an additional 50,059 shares during the last quarter. Institutional investors and hedge funds own 75.19% of the company’s stock.

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

Mondelez International Inc. (NASDAQ:MDLZ) traded up 0.30% during mid-day trading on Tuesday, hitting $43.05. 2,755,432 shares of the company traded hands. The company has a market capitalization of $66.49 billion, a price-to-earnings ratio of 82.16 and a beta of 1.11. Mondelez International Inc. has a one year low of $35.88 and a one year high of $46.40. The company’s 50-day moving average price is $43.00 and its 200 day moving average price is $43.68.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Wednesday, October 26th. The company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.09. Mondelez International had a net margin of 3.16% and a return on equity of 10.88%. The firm had revenue of $6.40 billion for the quarter, compared to analyst estimates of $6.45 billion. During the same quarter in the prior year, the firm earned $0.38 EPS. The company’s revenue was down 6.6% on a year-over-year basis. On average, analysts anticipate that Mondelez International Inc. will post $1.95 earnings per share for the current fiscal year.

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A number of research analysts have recently issued reports on the stock. RBC Capital Markets restated an “outperform” rating and issued a $54.00 price target on shares of Mondelez International in a research report on Wednesday, October 26th. Credit Suisse Group AG restated an “outperform” rating and issued a $51.00 price target on shares of Mondelez International in a research report on Friday, September 9th. JPMorgan Chase & Co. restated an “overweight” rating and issued a $44.19 price target (up from $35.88) on shares of Mondelez International in a research report on Tuesday, September 6th. Susquehanna reaffirmed a “buy” rating and issued a $55.00 price objective on shares of Mondelez International in a report on Wednesday, October 26th. Finally, Zacks Investment Research raised shares of Mondelez International from a “sell” rating to a “hold” rating in a report on Wednesday, October 26th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and fifteen have given a buy rating to the company. Mondelez International has an average rating of “Buy” and an average price target of $47.21.

In other news, Director Lewis W. K. Booth purchased 2,500 shares of the business’s stock in a transaction that occurred on Friday, November 11th. The shares were acquired at an average cost of $41.61 per share, for a total transaction of $104,025.00. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Trian Fund Management, L.P. sold 3,800,000 shares of the stock in a transaction that occurred on Thursday, November 3rd. The shares were sold at an average price of $44.09, for a total transaction of $167,542,000.00. Following the completion of the sale, the director now owns 13,495 shares in the company, valued at $594,994.55. The disclosure for this sale can be found here. Company insiders own 3.90% of the company’s stock.

Mondelez International Company Profile

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.

5 Day Chart for NASDAQ:MDLZ

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