Mondelez International, Inc. (NASDAQ:MDLZ) Shares Bought by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. grew its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 8.9% during the third quarter, Holdings Channel reports. The firm owned 14,049 shares of the company’s stock after acquiring an additional 1,154 shares during the quarter. Transamerica Financial Advisors Inc.’s holdings in Mondelez International were worth $1,035,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of MDLZ. B. Riley Wealth Advisors Inc. raised its holdings in shares of Mondelez International by 25.0% during the first quarter. B. Riley Wealth Advisors Inc. now owns 44,660 shares of the company’s stock worth $3,118,000 after purchasing an additional 8,930 shares during the period. Tidal Investments LLC increased its position in Mondelez International by 6.7% in the first quarter. Tidal Investments LLC now owns 93,261 shares of the company’s stock worth $6,529,000 after buying an additional 5,867 shares during the period. Hancock Whitney Corp lifted its stake in Mondelez International by 2.6% in the first quarter. Hancock Whitney Corp now owns 8,539 shares of the company’s stock valued at $598,000 after buying an additional 216 shares during the last quarter. Beacon Capital Management LLC boosted its holdings in shares of Mondelez International by 23.7% during the first quarter. Beacon Capital Management LLC now owns 1,260 shares of the company’s stock valued at $88,000 after acquiring an additional 241 shares during the period. Finally, iA Global Asset Management Inc. grew its position in shares of Mondelez International by 16.9% during the first quarter. iA Global Asset Management Inc. now owns 151,129 shares of the company’s stock worth $10,579,000 after acquiring an additional 21,814 shares during the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have issued reports on MDLZ. Evercore ISI boosted their target price on shares of Mondelez International from $79.00 to $85.00 and gave the company an “outperform” rating in a research note on Thursday, September 26th. JPMorgan Chase & Co. boosted their price objective on Mondelez International from $72.00 to $73.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 31st. DA Davidson decreased their price objective on Mondelez International from $80.00 to $75.00 and set a “buy” rating for the company in a report on Wednesday, July 31st. Citigroup cut their target price on Mondelez International from $80.00 to $78.00 and set a “buy” rating on the stock in a research note on Wednesday, October 30th. Finally, Bank of America raised their price target on Mondelez International from $80.00 to $84.00 and gave the company a “buy” rating in a report on Tuesday, October 15th. One investment analyst has rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $80.31.

Mondelez International Stock Down 0.1 %

NASDAQ MDLZ opened at $64.88 on Wednesday. Mondelez International, Inc. has a 12 month low of $63.40 and a 12 month high of $77.20. The company has a market capitalization of $86.76 billion, a P/E ratio of 23.01, a PEG ratio of 2.93 and a beta of 0.55. The company’s 50 day simple moving average is $69.62 and its 200 day simple moving average is $69.24. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.63 and a quick ratio of 0.42.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.14. Mondelez International had a return on equity of 17.53% and a net margin of 10.58%. The company had revenue of $9.20 billion for the quarter, compared to analysts’ expectations of $9.11 billion. During the same quarter in the prior year, the company earned $0.82 earnings per share. The firm’s revenue was up 1.9% on a year-over-year basis. Equities research analysts expect that Mondelez International, Inc. will post 3.48 earnings per share for the current fiscal year.

Mondelez International Company Profile

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.