Thompson Siegel & Walmsley LLC Buys New Stake in Mondelez International, Inc. (NASDAQ:MDLZ)

Thompson Siegel & Walmsley LLC purchased a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 4,012 shares of the company’s stock, valued at approximately $296,000.

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

Mondelez International Stock Performance

MDLZ opened at $64.40 on Friday. Mondelez International, Inc. has a 1-year low of $63.40 and a 1-year high of $77.20. The stock has a market cap of $86.12 billion, a P/E ratio of 22.84, a P/E/G ratio of 2.88 and a beta of 0.55. The stock’s 50 day simple moving average is $70.04 and its 200 day simple moving average is $69.34. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.63 and a quick ratio of 0.42.

Mondelez International (NASDAQ:MDLZ) last posted its 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 company 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%. Mondelez International’s revenue was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.82 earnings per share. As a group, equities analysts anticipate that Mondelez International, Inc. will post 3.48 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. The Goldman Sachs Group assumed coverage on shares of Mondelez International in a research report on Monday, August 12th. They set a “buy” rating and a $80.00 price objective on the stock. Piper Sandler boosted their price target on Mondelez International from $74.00 to $84.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th. Redburn Atlantic started coverage on Mondelez International in a research report on Tuesday, October 22nd. They set a “buy” rating and a $82.00 price objective for the company. Bank of America boosted their target price on Mondelez International from $80.00 to $84.00 and gave the company a “buy” rating in a report on Tuesday, October 15th. Finally, DA Davidson decreased their price target on Mondelez International from $80.00 to $75.00 and set a “buy” rating for the company in a report on Wednesday, July 31st. One investment analyst has rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat.com, the company currently 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.