Clear Perspective Advisors LLC Maintains Holdings in Mondelez International, Inc. (MDLZ)
Clear Perspective Advisors LLC maintained its position in Mondelez International, Inc. (NASDAQ:MDLZ) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,291 shares of the company’s stock at the close of the 2nd quarter. Clear Perspective Advisors LLC’s holdings in Mondelez International were worth $229,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC boosted its stake in shares of Mondelez International by 637.3% during the first quarter. Proficio Capital Partners LLC now owns 2,271 shares of the company’s stock valued at $105,000 after purchasing an additional 1,963 shares during the period. Acrospire Investment Management LLC lifted its stake in Mondelez International by 1,450.0% in the second quarter. Acrospire Investment Management LLC now owns 3,100 shares of the company’s stock worth $134,000 after acquiring an additional 2,900 shares during the period. Chicago Partners Investment Group LLC lifted its stake in Mondelez International by 2,056.3% in the second quarter. Chicago Partners Investment Group LLC now owns 3,601 shares of the company’s stock worth $157,000 after acquiring an additional 3,434 shares during the period. Parkside Financial Bank & Trust lifted its stake in Mondelez International by 8.3% in the second quarter. Parkside Financial Bank & Trust now owns 4,076 shares of the company’s stock worth $176,000 after acquiring an additional 311 shares during the period. Finally, Pointe Capital Management LLC purchased a new stake in Mondelez International in the second quarter worth $202,000. 76.41% of the stock is owned by hedge funds and other institutional investors.
A number of analysts recently commented on the company. UBS AG reaffirmed a “buy” rating and issued a $49.00 price target on shares of Mondelez International in a research note on Friday, October 13th. Morgan Stanley dropped their price target on Mondelez International from $50.00 to $48.00 and set an “overweight” rating for the company in a research note on Friday, October 13th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $53.00 price target on shares of Mondelez International in a research note on Tuesday, October 3rd. Buckingham Research dropped their price target on Mondelez International from $50.00 to $47.00 and set a “buy” rating for the company in a research note on Tuesday, October 31st. Finally, Piper Jaffray Companies raised Mondelez International from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $48.00 to $49.00 in a research note on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, three have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. Mondelez International currently has an average rating of “Buy” and an average price target of $49.40.
In related news, Director Lewis W. K. Booth purchased 1,500 shares of Mondelez International stock in a transaction dated Thursday, November 9th. The stock was purchased at an average cost of $41.29 per share, for a total transaction of $61,935.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Daniel P. Myers sold 7,000 shares of the firm’s stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $40.94, for a total value of $286,580.00. Following the transaction, the executive vice president now owns 20,965 shares of the company’s stock, valued at $858,307.10. The disclosure for this sale can be found here. 3.60% of the stock is owned by company insiders.
Mondelez International, Inc. (MDLZ) opened at $42.19 on Friday. Mondelez International, Inc. has a twelve month low of $39.19 and a twelve month high of $47.23. The company has a quick ratio of 0.34, a current ratio of 0.51 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $62,689.57, a price-to-earnings ratio of 20.46, a price-to-earnings-growth ratio of 1.73 and a beta of 0.98.
Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Monday, October 30th. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.03. Mondelez International had a return on equity of 12.31% and a net margin of 8.61%. The firm had revenue of $6.53 billion during the quarter, compared to the consensus estimate of $6.45 billion. During the same period last year, the company earned $0.52 earnings per share. The company’s revenue was up 2.1% on a year-over-year basis. equities analysts forecast that Mondelez International, Inc. will post 2.14 EPS for the current year.
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Mondelez International Profile
Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.
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