Mondelez International, Inc. (NASDAQ:MDLZ) Shares Bought by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC increased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 93.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 421,349 shares of the company's stock after buying an additional 203,714 shares during the quarter. Segall Bryant & Hamill LLC's holdings in Mondelez International were worth $31,041,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in MDLZ. Axiom Advisory LLC lifted its stake in shares of Mondelez International by 1.6% in the 3rd quarter. Axiom Advisory LLC now owns 9,152 shares of the company's stock worth $643,000 after acquiring an additional 143 shares during the period. Cadence Bank lifted its position in Mondelez International by 1.3% in the first quarter. Cadence Bank now owns 11,489 shares of the company's stock valued at $804,000 after purchasing an additional 148 shares during the period. Sachetta LLC boosted its holdings in Mondelez International by 14.0% in the 2nd quarter. Sachetta LLC now owns 1,215 shares of the company's stock valued at $81,000 after purchasing an additional 149 shares in the last quarter. Hazlett Burt & Watson Inc. increased its position in Mondelez International by 16.5% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 1,058 shares of the company's stock worth $78,000 after purchasing an additional 150 shares during the period. Finally, Carnegie Investment Counsel raised its position in Mondelez International by 1.4% in the third quarter. Carnegie Investment Counsel now owns 11,007 shares of the company's stock worth $811,000 after acquiring an additional 151 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company's stock.

Mondelez International Trading Up 0.8 %

Shares of MDLZ stock traded up $0.54 during trading hours on Wednesday, hitting $64.41. 2,062,208 shares of the company were exchanged, compared to its average volume of 6,750,410. The firm has a market cap of $86.13 billion, a PE ratio of 22.65, a PEG ratio of 2.91 and a beta of 0.55. Mondelez International, Inc. has a 1 year low of $63.40 and a 1 year high of $77.20. The company has a quick ratio of 0.42, a current ratio of 0.63 and a debt-to-equity ratio of 0.59. The firm has a fifty day moving average of $70.65 and a 200 day moving average of $69.45.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.85 by $0.14. Mondelez International had a net margin of 10.58% and a return on equity of 17.53%. The firm had revenue of $9.20 billion for the quarter, compared to analyst estimates of $9.11 billion. During the same quarter last year, the firm posted $0.82 earnings per share. Mondelez International's revenue for the quarter was up 1.9% compared to the same quarter last year. Analysts expect that Mondelez International, Inc. will post 3.48 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Bank of America increased their price objective on Mondelez International from $80.00 to $84.00 and gave the stock a "buy" rating in a research report on Tuesday, October 15th. Stifel Nicolaus upped their price target on shares of Mondelez International from $75.00 to $82.00 and gave the company a "buy" rating in a report on Friday, October 25th. DA Davidson dropped their price objective on shares of Mondelez International from $80.00 to $75.00 and set a "buy" rating for the company in a research note on Wednesday, July 31st. Evercore ISI upped their target price on Mondelez International from $79.00 to $85.00 and gave the company an "outperform" rating in a research note on Thursday, September 26th. Finally, Redburn Atlantic started coverage on Mondelez International in a report on Tuesday, October 22nd. They issued a "buy" rating and a $82.00 price target for the company. One equities research analyst has rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $80.31.

Mondelez International 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.