Maia Wealth LLC Raises Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Maia Wealth LLC grew its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 6.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,425 shares of the company’s stock after buying an additional 195 shares during the quarter. Maia Wealth LLC’s holdings in Mondelez International were worth $240,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in MDLZ. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Mondelez International in the 2nd quarter worth $26,000. Lynx Investment Advisory bought a new stake in Mondelez International in the 2nd quarter worth about $27,000. Richardson Financial Services Inc. raised its position in Mondelez International by 100.0% in 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 during the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Mondelez International during the 2nd quarter valued at about $29,000. Finally, ESL Trust Services LLC bought a new stake in shares of Mondelez International in the first quarter worth approximately $38,000. Institutional investors own 78.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on MDLZ. Barclays lowered their price objective on shares of Mondelez International from $80.00 to $76.00 and set an “overweight” rating on the stock in a research report on Friday, July 19th. Citigroup dropped their price target on Mondelez International from $80.00 to $78.00 and set a “buy” rating on the stock in a research note on Wednesday, October 30th. Bank of America upped their price objective on Mondelez International from $80.00 to $84.00 and gave the company a “buy” rating in a research report on Tuesday, October 15th. 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 report on Friday, October 25th. Finally, Wells Fargo & Company reduced their price target on shares of Mondelez International from $82.00 to $78.00 and set an “overweight” rating for the company in a research report on Wednesday, October 30th. One investment analyst has rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $80.31.

Mondelez International Stock Performance

NASDAQ MDLZ opened at $66.37 on Thursday. The company has a quick ratio of 0.42, a current ratio of 0.63 and a debt-to-equity ratio of 0.59. Mondelez International, Inc. has a twelve month low of $64.18 and a twelve month high of $77.20. The business has a 50-day moving average price of $72.14 and a 200-day moving average price of $69.80. The firm has a market cap of $88.66 billion, a price-to-earnings ratio of 23.54, a price-to-earnings-growth ratio of 2.94 and a beta of 0.55.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.14. Mondelez International had a net margin of 10.58% and a return on equity of 17.53%. The business had revenue of $9.20 billion during the quarter, compared to analyst estimates of $9.11 billion. During the same period last year, the firm posted $0.82 EPS. The company’s revenue was up 1.9% on a year-over-year basis. As a group, equities research analysts predict that Mondelez International, Inc. will post 3.49 EPS for the current fiscal year.

Mondelez International 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.