Mondelez International, Inc. (NASDAQ:MDLZ) Shares Bought by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC raised its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 0.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 37,395 shares of the company’s stock after buying an additional 190 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in Mondelez International were worth $2,755,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of MDLZ. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Mondelez International during the 2nd quarter worth about $26,000. Lynx Investment Advisory acquired a new position in shares of Mondelez International in the second quarter valued at approximately $27,000. Richardson Financial Services Inc. lifted its holdings in Mondelez International by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 400 shares of the company’s stock worth $28,000 after buying an additional 200 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new position in Mondelez International in the 2nd quarter valued at approximately $29,000. Finally, ESL Trust Services LLC acquired a new position in Mondelez International during the 1st quarter worth $38,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analyst Ratings Changes

MDLZ has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft dropped their price target on shares of 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 dropped their price objective on Mondelez International from $80.00 to $76.00 and set an “overweight” rating on the stock in a report on Friday, July 19th. Citigroup decreased their price target on shares of Mondelez International from $80.00 to $78.00 and set a “buy” rating for the company in a research note on Wednesday, October 30th. DA Davidson lowered their price target on Mondelez International from $80.00 to $75.00 and set a “buy” rating on the stock in a report on Wednesday, July 31st. Finally, Sanford C. Bernstein dropped their target price on Mondelez International from $90.00 to $88.00 and set an “outperform” rating on the stock in a report on Wednesday, July 17th. One investment analyst has rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $80.31.

Mondelez International Trading Up 0.6 %

Mondelez International stock opened at $66.52 on Wednesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.42 and a current ratio of 0.63. The firm’s 50-day moving average is $71.82 and its 200-day moving average is $69.70. Mondelez International, Inc. has a 1 year low of $64.18 and a 1 year high of $77.20. The company has a market cap of $88.95 billion, a P/E ratio of 23.59, a PEG ratio of 2.99 and a beta of 0.55.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, October 29th. The company reported $0.99 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $9.11 billion. During the same quarter in the prior year, the business posted $0.82 earnings per share. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. On average, equities analysts expect that Mondelez International, Inc. will post 3.48 earnings per share for the current 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.