CAPROCK Group Inc. raised its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 12.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,994 shares of the company’s stock after purchasing an additional 1,997 shares during the quarter. CAPROCK Group Inc.’s holdings in Mondelez International were worth $736,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in MDLZ. Proficio Capital Partners LLC lifted its holdings in shares of Mondelez International by 637.3% during the 1st quarter. Proficio Capital Partners LLC now owns 2,271 shares of the company’s stock valued at $105,000 after acquiring an additional 1,963 shares in the last quarter. Acrospire Investment Management LLC lifted its holdings in shares of Mondelez International by 1,450.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 3,100 shares of the company’s stock valued at $134,000 after acquiring an additional 2,900 shares in the last quarter. Chicago Partners Investment Group LLC lifted its holdings in shares of Mondelez International by 2,056.3% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 3,601 shares of the company’s stock valued at $157,000 after acquiring an additional 3,434 shares in the last quarter. Rockefeller Financial Services Inc. lifted its holdings in shares of Mondelez International by 300.0% during the 3rd quarter. Rockefeller Financial Services Inc. now owns 4,000 shares of the company’s stock valued at $163,000 after acquiring an additional 3,000 shares in the last quarter. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of Mondelez International by 8.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 4,076 shares of the company’s stock valued at $176,000 after acquiring an additional 311 shares in the last quarter. Institutional investors own 75.84% of the company’s stock.

Several equities analysts recently weighed in on the stock. Susquehanna Bancshares restated a “hold” rating on shares of Mondelez International in a report on Wednesday, August 2nd. Royal Bank Of Canada restated a “buy” rating on shares of Mondelez International in a report on Friday, September 1st. UBS reiterated a “buy” rating and issued a $51.00 price objective on shares of Mondelez International in a report on Wednesday, August 9th. Zacks Investment Research lowered shares of Mondelez International from a “buy” rating to a “hold” rating in a report on Tuesday, October 17th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $55.00 price objective on shares of Mondelez International in a report on Wednesday, September 20th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Mondelez International currently has a consensus rating of “Buy” and an average target price of $49.40.

In related news, Director Lewis W. K. Booth bought 1,500 shares of the company’s stock in a transaction dated Thursday, November 9th. The stock was bought at an average price of $41.29 per share, with a total value of $61,935.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Daniel P. Myers sold 7,000 shares of the business’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $40.94, for a total transaction of $286,580.00. Following the completion of the sale, the executive vice president now directly owns 20,965 shares of the company’s stock, valued at approximately $858,307.10. The disclosure for this sale can be found here. 3.60% of the stock is currently owned by insiders.

Mondelez International, Inc. (NASDAQ MDLZ) opened at $42.94 on Thursday. Mondelez International, Inc. has a 1-year low of $39.19 and a 1-year high of $47.23. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.51 and a quick ratio of 0.34. The company has a market cap of $63,675.87, a price-to-earnings ratio of 20.78, a price-to-earnings-growth ratio of 1.76 and a beta of 0.98.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Monday, October 30th. The company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.03. Mondelez International had a net margin of 8.61% and a return on equity of 12.31%. The firm had revenue of $6.53 billion for the quarter, compared to analyst estimates of $6.45 billion. During the same quarter in the previous year, the business posted $0.52 EPS. The firm’s revenue was up 2.1% compared to the same quarter last year. equities analysts expect that Mondelez International, Inc. will post 2.14 earnings per share for the current fiscal year.

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About Mondelez International

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.

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

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