Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. decreased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 1.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 528,000 shares of the company's stock after selling 10,000 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in Mondelez International were worth $38,898,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of MDLZ. Norden Group LLC increased its stake in Mondelez International by 39.8% in the first quarter. Norden Group LLC now owns 8,695 shares of the company's stock worth $609,000 after purchasing an additional 2,476 shares during the period. Central Pacific Bank Trust Division purchased a new position in shares of Mondelez International during the first quarter valued at $724,000. Pictet North America Advisors SA purchased a new position in shares of Mondelez International during the first quarter valued at $875,000. Boomfish Wealth Group LLC increased its stake in shares of Mondelez International by 10.6% during the first quarter. Boomfish Wealth Group LLC now owns 16,871 shares of the company's stock valued at $1,181,000 after buying an additional 1,615 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S increased its stake in shares of Mondelez International by 16.6% during the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 282,404 shares of the company's stock valued at $19,768,000 after buying an additional 40,212 shares during the period. Hedge funds and other institutional investors own 78.32% of the company's stock.

Mondelez International Stock Down 0.2 %

NASDAQ MDLZ traded down $0.15 during trading on Monday, hitting $68.36. The company's stock had a trading volume of 5,295,916 shares, compared to its average volume of 6,779,104. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.63 and a quick ratio of 0.50. The company has a market cap of $91.32 billion, a PE ratio of 24.24, a P/E/G ratio of 2.97 and a beta of 0.55. The business's 50 day simple moving average is $72.28 and its 200-day simple moving average is $69.82. Mondelez International, Inc. has a fifty-two week low of $64.18 and a fifty-two week high of $77.20.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last issued its quarterly earnings results on Tuesday, October 29th. The company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.14. The business had revenue of $9.20 billion during the quarter, compared to the consensus estimate of $9.11 billion. Mondelez International had a return on equity of 17.53% and a net margin of 10.58%. The company's quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter last year, the company earned $0.82 earnings per share. On average, equities analysts anticipate that Mondelez International, Inc. will post 3.49 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently commented on MDLZ shares. Deutsche Bank Aktiengesellschaft cut their price target on Mondelez International from $78.00 to $75.00 and set a "buy" rating on the stock in a research note on Wednesday, July 17th. Barclays cut their price target on Mondelez International from $80.00 to $76.00 and set an "overweight" rating on the stock in a research note on Friday, July 19th. Wells Fargo & Company cut their price target on Mondelez International from $82.00 to $78.00 and set an "overweight" rating on the stock in a research note on Wednesday, October 30th. The Goldman Sachs Group assumed coverage on Mondelez International in a research note on Monday, August 12th. They set a "buy" rating and a $80.00 price target on the stock. Finally, 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. One equities research analyst has rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $80.31.

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.