136,134 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Acquired by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 136,134 shares of the company’s stock, valued at approximately $10,029,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Research Global Investors lifted its holdings in shares of Mondelez International by 7.3% in the 1st quarter. Capital Research Global Investors now owns 32,497,024 shares of the company’s stock valued at $2,274,792,000 after purchasing an additional 2,206,023 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in Mondelez International by 40.2% during the second quarter. Massachusetts Financial Services Co. MA now owns 16,726,114 shares of the company’s stock worth $1,094,557,000 after buying an additional 4,794,746 shares during the period. Mizuho Securities USA LLC lifted its stake in Mondelez International by 12,057.4% in the third quarter. Mizuho Securities USA LLC now owns 12,574,000 shares of the company’s stock valued at $926,327,000 after buying an additional 12,470,573 shares during the last quarter. Legal & General Group Plc boosted its holdings in shares of Mondelez International by 2.6% in the second quarter. Legal & General Group Plc now owns 11,452,735 shares of the company’s stock valued at $749,467,000 after acquiring an additional 293,773 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Mondelez International by 13.6% during the second quarter. Dimensional Fund Advisors LP now owns 8,970,204 shares of the company’s stock worth $587,094,000 after acquiring an additional 1,071,719 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Trading Up 0.0 %

Mondelez International stock opened at $63.87 on Wednesday. The stock has a 50-day moving average price of $70.65 and a 200 day moving average price of $69.45. The company has a current ratio of 0.63, a quick ratio of 0.42 and a debt-to-equity ratio of 0.59. The stock has a market cap of $85.41 billion, a PE ratio of 22.65, a P/E/G ratio of 2.91 and a beta of 0.55. Mondelez International, Inc. has a 52 week low of $63.40 and a 52 week high of $77.20.

Mondelez International (NASDAQ:MDLZ) last issued its 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 for the quarter, compared to analyst estimates of $9.11 billion. Mondelez International had a return on equity of 17.53% and a net margin of 10.58%. The business’s quarterly revenue was up 1.9% on a year-over-year basis. During the same period last year, the company posted $0.82 EPS. Equities research analysts predict that Mondelez International, Inc. will post 3.48 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

MDLZ has been the subject of a number of recent research reports. The Goldman Sachs Group began coverage on shares of Mondelez International in a research note on Monday, August 12th. They set a “buy” rating and a $80.00 price target for the company. DA Davidson decreased their target price 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. Bank of America boosted their price target on Mondelez International from $80.00 to $84.00 and gave the company a “buy” rating in a research report on Tuesday, October 15th. Evercore ISI increased their price objective on Mondelez International from $79.00 to $85.00 and gave the stock an “outperform” rating in a research report 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 target price on the stock. One research analyst has rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, Mondelez International presently has a consensus rating of “Moderate Buy” and an average 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.