First Midwest Bank Trust Division lowered its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 7.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,300 shares of the company’s stock after selling 2,255 shares during the quarter. First Midwest Bank Trust Division’s holdings in Mondelez International were worth $1,150,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the business. Caisse DE Depot ET Placement DU Quebec increased its stake in shares of Mondelez International by 95.5% during the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 9,871,082 shares of the company’s stock valued at $425,709,000 after acquiring an additional 4,821,400 shares during the period. Bessemer Group Inc. increased its stake in shares of Mondelez International by 8,492.9% during the second quarter. Bessemer Group Inc. now owns 4,136,467 shares of the company’s stock valued at $178,655,000 after acquiring an additional 4,088,329 shares during the period. Renaissance Technologies LLC increased its stake in shares of Mondelez International by 186.2% during the first quarter. Renaissance Technologies LLC now owns 4,573,598 shares of the company’s stock valued at $197,031,000 after acquiring an additional 2,975,800 shares during the period. Vanguard Group Inc. increased its stake in shares of Mondelez International by 2.9% during the first quarter. Vanguard Group Inc. now owns 97,631,640 shares of the company’s stock valued at $4,205,971,000 after acquiring an additional 2,720,253 shares during the period. Finally, Eaton Vance Management increased its stake in shares of Mondelez International by 98.7% during the second quarter. Eaton Vance Management now owns 5,038,277 shares of the company’s stock valued at $217,603,000 after acquiring an additional 2,502,668 shares during the period. Institutional investors own 75.84% of the company’s stock.

A number of research firms recently commented on MDLZ. UBS reiterated a “buy” rating and set a $51.00 price objective on shares of Mondelez International in a research note on Wednesday, August 9th. Morgan Stanley lowered their price objective on shares of Mondelez International from $50.00 to $48.00 and set an “overweight” rating on the stock in a research note on Friday, October 13th. Zacks Investment Research lowered shares of Mondelez International from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. J P Morgan Chase & Co raised their price objective on shares of Mondelez International from $44.00 to $45.00 and gave the company an “overweight” rating in a research note on Wednesday, November 1st. Finally, BMO Capital Markets reiterated a “buy” rating and set a $48.00 price objective on shares of Mondelez International in a research note on Thursday, November 2nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $49.40.

In other Mondelez International news, Director Lewis W. K. Booth bought 1,500 shares of Mondelez International stock in a transaction that occurred on 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 accessible through this link. Also, EVP Daniel P. Myers sold 7,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $40.94, for a total transaction of $286,580.00. Following the sale, 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. Company insiders own 3.60% of the company’s stock.

Shares of Mondelez International, Inc. (MDLZ) opened at $42.92 on Friday. The firm has a market cap of $64,169.02, a P/E ratio of 20.95, a P/E/G ratio of 1.77 and a beta of 0.98. Mondelez International, Inc. has a 1-year low of $39.19 and a 1-year high of $47.23. The company has a current ratio of 0.51, a quick ratio of 0.34 and a debt-to-equity ratio of 0.49.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Monday, October 30th. The company reported $0.57 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.03. The firm had revenue of $6.53 billion during the quarter, compared to analysts’ expectations of $6.45 billion. Mondelez International had a net margin of 8.61% and a return on equity of 12.31%. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period last year, the firm posted $0.52 earnings per share. equities research analysts predict that Mondelez International, Inc. will post 2.14 EPS for the current fiscal 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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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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