Mufg Securities Americas Inc. Buys 5,800 Shares of Mondelez International, Inc. $MDLZ

Mufg Securities Americas Inc. increased its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 25.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 28,697 shares of the company’s stock after purchasing an additional 5,800 shares during the quarter. Mufg Securities Americas Inc.’s holdings in Mondelez International were worth $1,935,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC raised its stake in shares of Mondelez International by 92.4% in the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock valued at $874,000 after buying an additional 7,025 shares during the period. Journey Strategic Wealth LLC increased its holdings in Mondelez International by 26.2% in the 1st quarter. Journey Strategic Wealth LLC now owns 5,892 shares of the company’s stock worth $400,000 after acquiring an additional 1,222 shares during the last quarter. Tempus Wealth Planning LLC raised its stake in Mondelez International by 50.0% in the 1st quarter. Tempus Wealth Planning LLC now owns 5,549 shares of the company’s stock valued at $376,000 after acquiring an additional 1,850 shares during the period. Avantax Advisory Services Inc. lifted its holdings in Mondelez International by 5.0% during the first quarter. Avantax Advisory Services Inc. now owns 98,015 shares of the company’s stock valued at $6,650,000 after purchasing an additional 4,691 shares during the last quarter. Finally, Assetmark Inc. lifted its holdings in Mondelez International by 6.1% during the first quarter. Assetmark Inc. now owns 103,143 shares of the company’s stock valued at $6,998,000 after purchasing an additional 5,972 shares during the last quarter. 78.32% of the stock is owned by institutional investors.

Mondelez International Trading Up 2.2%

Shares of Mondelez International stock opened at $57.00 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.61 and a quick ratio of 0.39. Mondelez International, Inc. has a 1 year low of $53.95 and a 1 year high of $71.15. The firm has a market cap of $73.55 billion, a PE ratio of 21.35, a PEG ratio of 5.34 and a beta of 0.42. The company has a 50 day simple moving average of $60.23 and a two-hundred day simple moving average of $63.73.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, April 11th. The company reported $0.66 earnings per share for the quarter. Mondelez International had a net margin of 9.38% and a return on equity of 14.16%. The firm had revenue of $7.30 billion for the quarter. Analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Analyst Ratings Changes

MDLZ has been the subject of several analyst reports. Morgan Stanley cut their price objective on shares of Mondelez International from $73.00 to $71.00 and set an “overweight” rating for the company in a report on Monday, October 6th. Berenberg Bank lowered Mondelez International from a “buy” rating to a “hold” rating and set a $70.00 target price for the company. in a report on Thursday, October 2nd. Wells Fargo & Company lowered their price target on shares of Mondelez International from $74.00 to $72.00 and set an “overweight” rating on the stock in a report on Wednesday, October 29th. DZ Bank upgraded shares of Mondelez International from a “sell” rating to a “buy” rating in a research report on Thursday, October 30th. Finally, Royal Bank Of Canada decreased their target price on shares of Mondelez International from $71.00 to $67.00 and set an “outperform” rating on the stock in a report on Wednesday, October 29th. Fourteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Mondelez International currently has an average rating of “Moderate Buy” and a consensus price target of $68.32.

About Mondelez International

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.