12,286 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Bought by RIA Advisory Group LLC

RIA Advisory Group LLC acquired a new position in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 12,286 shares of the company's stock, valued at approximately $905,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. M&G Plc bought a new position in Mondelez International in the 1st quarter valued at $12,010,000. First Foundation Advisors boosted its holdings in Mondelez International by 17.1% in the 1st quarter. First Foundation Advisors now owns 7,907 shares of the company's stock valued at $553,000 after purchasing an additional 1,152 shares during the period. Spirepoint Private Client LLC bought a new position in Mondelez International in the 1st quarter valued at $596,000. Edgestream Partners L.P. boosted its holdings in Mondelez International by 43.4% in the 1st quarter. Edgestream Partners L.P. now owns 38,505 shares of the company's stock valued at $2,695,000 after purchasing an additional 11,660 shares during the period. Finally, Jacobi Capital Management LLC boosted its holdings in Mondelez International by 4.7% in the 1st quarter. Jacobi Capital Management LLC now owns 7,810 shares of the company's stock valued at $547,000 after purchasing an additional 348 shares during the period. 78.32% of the stock is owned by institutional investors.

Mondelez International Trading Down 1.6 %

NASDAQ:MDLZ traded down $1.07 during midday trading on Friday, hitting $64.49. The stock had a trading volume of 7,204,038 shares, compared to its average volume of 6,775,558. 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 company has a market capitalization of $86.24 billion, a price-to-earnings ratio of 22.87, a PEG ratio of 2.98 and a beta of 0.55. The stock has a 50-day moving average of $71.11 and a 200 day moving average of $69.56. Mondelez International, Inc. has a one year low of $63.91 and a one year high of $77.20.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last announced its 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. The business had revenue of $9.20 billion for the quarter, compared to analysts' expectations of $9.11 billion. Mondelez International had a return on equity of 17.53% and a net margin of 10.58%. The business's revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.82 EPS. As a group, sell-side analysts forecast that Mondelez International, Inc. will post 3.48 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have commented on MDLZ. Wells Fargo & Company cut their price target on shares of Mondelez International from $82.00 to $78.00 and set an "overweight" rating for the company in a report on Wednesday, October 30th. Bank of America lifted their price objective on shares of Mondelez International from $80.00 to $84.00 and gave the stock a "buy" rating in a report on Tuesday, October 15th. Barclays dropped their price objective on shares of Mondelez International from $80.00 to $76.00 and set an "overweight" rating for the company in a report on Friday, July 19th. Evercore ISI lifted their price objective on shares of Mondelez International from $79.00 to $85.00 and gave the stock an "outperform" rating in a report on Thursday, September 26th. Finally, 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 report on Wednesday, July 31st. One equities research analyst has rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $80.31.

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.