Quotient Wealth Partners LLC Invests $311,000 in Mondelez International, Inc. (NASDAQ:MDLZ)

Quotient Wealth Partners LLC purchased a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZFree Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 4,287 shares of the company’s stock, valued at approximately $311,000.

Other hedge funds also recently made changes to their positions in the company. Murphy Middleton Hinkle & Parker Inc. increased its position in Mondelez International by 3.9% during the 4th quarter. Murphy Middleton Hinkle & Parker Inc. now owns 3,651 shares of the company’s stock valued at $264,000 after buying an additional 136 shares in the last quarter. Cobblestone Asset Management LLC increased its position in Mondelez International by 2.8% during the 4th quarter. Cobblestone Asset Management LLC now owns 4,982 shares of the company’s stock valued at $361,000 after buying an additional 138 shares in the last quarter. Graypoint LLC increased its position in Mondelez International by 1.1% during the 4th quarter. Graypoint LLC now owns 12,281 shares of the company’s stock valued at $890,000 after buying an additional 138 shares in the last quarter. Guyasuta Investment Advisors Inc. increased its position in Mondelez International by 0.8% during the 4th quarter. Guyasuta Investment Advisors Inc. now owns 16,461 shares of the company’s stock valued at $1,192,000 after buying an additional 138 shares in the last quarter. Finally, Rossmore Private Capital increased its position in Mondelez International by 0.3% during the 4th quarter. Rossmore Private Capital now owns 50,047 shares of the company’s stock valued at $3,625,000 after buying an additional 139 shares in the last quarter. 78.32% of the stock is owned by institutional investors.

Mondelez International Stock Down 0.4 %

Shares of MDLZ stock traded down $0.27 during trading hours on Wednesday, reaching $71.66. 2,097,128 shares of the company’s stock were exchanged, compared to its average volume of 7,730,185. The stock’s 50 day moving average is $69.99 and its 200-day moving average is $71.31. The company has a market cap of $96.12 billion, a price-to-earnings ratio of 22.73, a P/E/G ratio of 2.54 and a beta of 0.55. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 0.59. Mondelez International, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $78.01.

Mondelez International (NASDAQ:MDLZGet Free Report) last released its earnings results on Tuesday, April 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.06. Mondelez International had a return on equity of 16.11% and a net margin of 11.87%. The firm had revenue of $9.29 billion for the quarter, compared to the consensus estimate of $9.16 billion. During the same period in the prior year, the firm earned $0.89 EPS. The firm’s revenue was up 1.4% on a year-over-year basis. Analysts predict that Mondelez International, Inc. will post 3.5 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

MDLZ has been the topic of a number of research reports. Barclays dropped their price target on Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Citigroup dropped their price target on Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a research note on Thursday, April 11th. Stifel Nicolaus raised their price target on Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a research note on Thursday, January 25th. StockNews.com downgraded Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, JPMorgan Chase & Co. lowered their target price on Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a research report on Friday, April 12th. One analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to MarketBeat, Mondelez International currently has a consensus rating of “Moderate Buy” and an average price target of $80.75.

Check Out Our Latest Analysis on MDLZ

About Mondelez International

(Free Report)

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.

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

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