NBW Capital LLC Buys New Stake in Mondelez International, Inc. $MDLZ

NBW Capital LLC purchased a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,134 shares of the company’s stock, valued at approximately $279,000.

A number of other institutional investors also recently made changes to their positions in the stock. Hemington Wealth Management increased its position in Mondelez International by 11.4% during the 1st quarter. Hemington Wealth Management now owns 1,519 shares of the company’s stock worth $103,000 after purchasing an additional 156 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. lifted its holdings in Mondelez International by 37.2% in the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 601 shares of the company’s stock valued at $41,000 after purchasing an additional 163 shares in the last quarter. Enterprise Bank & Trust Co boosted its stake in shares of Mondelez International by 0.7% during the 2nd quarter. Enterprise Bank & Trust Co now owns 23,964 shares of the company’s stock worth $1,616,000 after purchasing an additional 170 shares during the last quarter. Relyea Zuckerberg Hanson LLC grew its holdings in shares of Mondelez International by 4.9% during the second quarter. Relyea Zuckerberg Hanson LLC now owns 3,713 shares of the company’s stock worth $250,000 after buying an additional 175 shares in the last quarter. Finally, RMR Wealth Builders raised its position in shares of Mondelez International by 3.6% in the second quarter. RMR Wealth Builders now owns 5,079 shares of the company’s stock valued at $343,000 after buying an additional 176 shares during the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Price Performance

Shares of Mondelez International stock opened at $56.40 on Tuesday. Mondelez International, Inc. has a twelve month low of $53.95 and a twelve month high of $71.15. The stock has a market capitalization of $72.78 billion, a P/E ratio of 21.12, a PEG ratio of 5.34 and a beta of 0.42. The company has a current ratio of 0.61, a quick ratio of 0.39 and a debt-to-equity ratio of 0.65. The business’s fifty day moving average price is $59.50 and its 200 day moving average price is $63.34.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, April 11th. The company reported $0.66 EPS for the quarter. The company had revenue of $7.30 billion during the quarter. Mondelez International had a return on equity of 14.16% and a net margin of 9.38%. As a group, research analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Bank of America decreased their target price on shares of Mondelez International from $75.00 to $69.00 and set a “buy” rating on the stock in a research report on Wednesday, October 29th. DA Davidson reduced their price target on Mondelez International from $65.00 to $62.00 and set a “neutral” rating on the stock in a research note on Monday, November 10th. Royal Bank Of Canada lowered their price objective on Mondelez International from $71.00 to $67.00 and set an “outperform” rating for the company in a research report on Wednesday, October 29th. Stifel Nicolaus dropped their target price on Mondelez International from $76.00 to $70.00 and set a “buy” rating for the company in a research note on Wednesday, October 29th. Finally, DZ Bank upgraded Mondelez International from a “sell” rating to a “buy” rating in a research report on Thursday, October 30th. Fourteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price 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.