Mondelez International Inc (MDLZ) Shares Sold by Swiss National Bank

Swiss National Bank cut its holdings in Mondelez International Inc (NASDAQ:MDLZ) by 4.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,708,777 shares of the company’s stock after selling 209,000 shares during the period. Swiss National Bank’s holdings in Mondelez International were worth $202,289,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Beck Mack & Oliver LLC increased its position in Mondelez International by 19.1% in the 2nd quarter. Beck Mack & Oliver LLC now owns 7,637 shares of the company’s stock valued at $313,000 after buying an additional 1,225 shares in the last quarter. Patten & Patten Inc. TN increased its position in Mondelez International by 23.3% in the 2nd quarter. Patten & Patten Inc. TN now owns 6,659 shares of the company’s stock valued at $273,000 after buying an additional 1,260 shares in the last quarter. Oregon Public Employees Retirement Fund increased its position in Mondelez International by 0.8% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 164,874 shares of the company’s stock valued at $6,760,000 after buying an additional 1,260 shares in the last quarter. Usca Ria LLC increased its position in Mondelez International by 8.2% in the 3rd quarter. Usca Ria LLC now owns 16,640 shares of the company’s stock valued at $715,000 after buying an additional 1,262 shares in the last quarter. Finally, BLB&B Advisors LLC increased its position in Mondelez International by 2.8% in the 3rd quarter. BLB&B Advisors LLC now owns 47,024 shares of the company’s stock valued at $2,020,000 after buying an additional 1,285 shares in the last quarter. 75.51% of the stock is owned by hedge funds and other institutional investors.

In other news, EVP Daniel P. Myers sold 27,963 shares of the business’s stock in a transaction that occurred on Wednesday, September 12th. The stock was sold at an average price of $43.44, for a total value of $1,214,712.72. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Maurizio Brusadelli sold 7,381 shares of the business’s stock in a transaction that occurred on Friday, September 14th. The stock was sold at an average price of $43.74, for a total value of $322,844.94. Following the completion of the transaction, the executive vice president now owns 73,959 shares in the company, valued at approximately $3,234,966.66. The disclosure for this sale can be found here. Insiders own 2.00% of the company’s stock.

MDLZ has been the subject of a number of research analyst reports. JPMorgan Chase & Co. boosted their target price on Mondelez International from $45.00 to $47.00 and gave the company a “$41.68” rating in a research report on Monday, July 23rd. ValuEngine lowered Mondelez International from a “hold” rating to a “sell” rating in a research report on Tuesday, July 24th. BidaskClub lowered Mondelez International from a “buy” rating to a “hold” rating in a research report on Thursday, July 26th. UBS Group boosted their target price on Mondelez International from $50.00 to $51.00 and gave the company a “buy” rating in a research report on Thursday, July 26th. Finally, DZ Bank raised Mondelez International from a “hold” rating to a “buy” rating in a report on Friday, July 27th. One research analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company’s stock. Mondelez International presently has a consensus rating of “Hold” and a consensus price target of $49.17.

Shares of MDLZ opened at $43.48 on Thursday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.56 and a quick ratio of 0.38. The company has a market cap of $64.62 billion, a price-to-earnings ratio of 20.32, a P/E/G ratio of 2.03 and a beta of 0.75. Mondelez International Inc has a 52 week low of $37.42 and a 52 week high of $46.54.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Monday, October 29th. The company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.01. The firm had revenue of $6.29 billion during the quarter, compared to analyst estimates of $6.32 billion. Mondelez International had a return on equity of 13.71% and a net margin of 12.46%. The company’s revenue for the quarter was down 3.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.57 EPS. Analysts expect that Mondelez International Inc will post 2.43 EPS for the current year.

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Mondelez International Company Profile

Mondelez International, Inc, through its subsidiaries, manufactures and markets snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; gums and candies; coffee and powdered beverages; and cheese and grocery products. The company's primary snack brand portfolio includes Nabisco, Oreo, LU, and belVita biscuits; Cadbury, Milka, Cadbury Dairy Milk, and Toblerone chocolates; Trident gums; Halls candies; and Tang powdered beverages.

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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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