WoodTrust Financial Corp Increases Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)

WoodTrust Financial Corp grew its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 15.7% in the third quarter, Holdings Channel.com reports. The institutional investor owned 3,744 shares of the company’s stock after buying an additional 508 shares during the quarter. WoodTrust Financial Corp’s holdings in Mondelez International were worth $276,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in MDLZ. Norden Group LLC lifted its holdings in shares of Mondelez International by 39.8% in the 1st quarter. Norden Group LLC now owns 8,695 shares of the company’s stock worth $609,000 after acquiring an additional 2,476 shares during the last quarter. Advisory Alpha LLC increased its holdings in shares of Mondelez International by 30.5% in the first quarter. Advisory Alpha LLC now owns 5,955 shares of the company’s stock worth $417,000 after buying an additional 1,393 shares during the period. Manchester Capital Management LLC lifted its stake in shares of Mondelez International by 2.9% in the 1st quarter. Manchester Capital Management LLC now owns 7,386 shares of the company’s stock valued at $517,000 after acquiring an additional 208 shares during the last quarter. Advisory Services Network LLC boosted its holdings in Mondelez International by 35.3% during the 1st quarter. Advisory Services Network LLC now owns 60,401 shares of the company’s stock valued at $4,228,000 after acquiring an additional 15,746 shares during the period. Finally, Gallacher Capital Management LLC bought a new position in Mondelez International during the 1st quarter worth approximately $339,000. Institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

MDLZ stock opened at $66.37 on Thursday. The company has a market capitalization of $88.66 billion, a PE ratio of 23.54, a price-to-earnings-growth ratio of 2.94 and a beta of 0.55. Mondelez International, Inc. has a one year low of $64.18 and a one year high of $77.20. 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 company’s fifty day moving average price is $72.14 and its 200-day moving average price is $69.80.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, October 29th. The company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.14. The business had revenue of $9.20 billion during 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 firm’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.82 EPS. On average, equities analysts anticipate that Mondelez International, Inc. will post 3.49 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

MDLZ has been the topic of several recent analyst reports. Citigroup cut their target price on shares of Mondelez International from $80.00 to $78.00 and set a “buy” rating on the stock in a report on Wednesday, October 30th. Stifel Nicolaus raised their target price on Mondelez International from $75.00 to $82.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Deutsche Bank Aktiengesellschaft cut their price objective on Mondelez International from $78.00 to $75.00 and set a “buy” rating on the stock in a research report on Wednesday, July 17th. Piper Sandler upped their price objective on shares of Mondelez International from $74.00 to $84.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. Finally, Wells Fargo & Company reduced their target price on shares of Mondelez International from $82.00 to $78.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 30th. One equities research analyst has rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus 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.