Thompson Siegel & Walmsley LLC reduced its position in shares of Mondelez International Inc (NASDAQ:MDLZ) by 17.9% during the third quarter, HoldingsChannel reports. The firm owned 11,284 shares of the company’s stock after selling 2,455 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Mondelez International were worth $485,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MDLZ. American Century Companies Inc. raised its position in Mondelez International by 52.0% in the third quarter. American Century Companies Inc. now owns 15,345,265 shares of the company’s stock worth $659,233,000 after acquiring an additional 5,246,517 shares during the period. Lindsell Train Ltd raised its position in Mondelez International by 13.3% in the third quarter. Lindsell Train Ltd now owns 28,982,722 shares of the company’s stock worth $1,245,098,000 after acquiring an additional 3,396,714 shares during the period. Wells Fargo & Company MN raised its position in Mondelez International by 33.2% in the third quarter. Wells Fargo & Company MN now owns 12,128,402 shares of the company’s stock worth $521,036,000 after acquiring an additional 3,024,713 shares during the period. Manning & Napier Group LLC raised its position in Mondelez International by 244.4% in the third quarter. Manning & Napier Group LLC now owns 3,091,413 shares of the company’s stock worth $132,805,000 after acquiring an additional 2,193,747 shares during the period. Finally, Caisse DE Depot ET Placement DU Quebec raised its position in Mondelez International by 10.5% in the second quarter. Caisse DE Depot ET Placement DU Quebec now owns 16,910,431 shares of the company’s stock worth $693,328,000 after acquiring an additional 1,601,700 shares during the period. 75.92% of the stock is currently owned by institutional investors.

MDLZ opened at $43.69 on Wednesday. The stock has a market capitalization of $64.59 billion, a PE ratio of 20.42, a price-to-earnings-growth ratio of 2.03 and a beta of 0.75. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.56 and a quick ratio of 0.38. Mondelez International Inc has a twelve month low of $37.42 and a twelve month high of $46.54.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Monday, October 29th. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.01. The firm had revenue of $6.29 billion during the quarter, compared to the consensus estimate of $6.32 billion. Mondelez International had a net margin of 12.46% and a return on equity of 13.71%. The company’s revenue was down 3.7% on a year-over-year basis. During the same quarter last year, the company earned $0.57 earnings per share. On average, equities research analysts anticipate that Mondelez International Inc will post 2.43 EPS for the current fiscal year.

In related news, EVP Maurizio Brusadelli sold 7,381 shares of the business’s stock in a transaction that occurred on Friday, September 14th. The shares were sold at an average price of $43.74, for a total transaction of $322,844.94. Following the completion of the transaction, the executive vice president now owns 73,959 shares of the company’s stock, valued at $3,234,966.66. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Daniel P. Myers sold 27,963 shares of the business’s stock in a transaction that occurred on Wednesday, September 12th. The shares were sold at an average price of $43.44, for a total transaction of $1,214,712.72. The disclosure for this sale can be found here. 2.00% of the stock is owned by company insiders.

MDLZ has been the topic of several research reports. UBS Group set a $51.00 price objective on shares of Mondelez International and gave the stock a “buy” rating in a research report on Monday, September 24th. Morgan Stanley initiated coverage on shares of Mondelez International in a research report on Monday, September 17th. They issued an “equal weight” rating and a $47.00 price objective on the stock. Credit Suisse Group set a $48.00 price objective on shares of Mondelez International and gave the stock a “buy” rating in a research report on Thursday, September 6th. BidaskClub raised shares of Mondelez International from a “sell” rating to a “hold” rating in a research report on Saturday, September 8th. Finally, Piper Jaffray Companies set a $48.00 price objective on shares of Mondelez International and gave the stock a “buy” rating in a research report on Tuesday, October 30th. One analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $49.17.

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About Mondelez International

Mondelez International, Inc, through its subsidiaries, manufactures and markets snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; gums and candies; coffee and powdered beverages; and cheese and grocery products. The company's primary snack brand portfolio includes Nabisco, Oreo, LU, and belVita biscuits; Cadbury, Milka, Cadbury Dairy Milk, and Toblerone chocolates; Trident gums; Halls candies; and Tang powdered beverages.

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

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