OneDigital Investment Advisors LLC Has $1.50 Million Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

OneDigital Investment Advisors LLC lowered its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 5.5% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 20,416 shares of the company’s stock after selling 1,184 shares during the period. OneDigital Investment Advisors LLC’s holdings in Mondelez International were worth $1,504,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Mondelez International during the second quarter valued at approximately $26,000. Lynx Investment Advisory bought a new position in Mondelez International during the 2nd quarter valued at $27,000. Richardson Financial Services Inc. boosted 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 acquiring an additional 200 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Mondelez International in the 2nd quarter worth $29,000. Finally, Highline Wealth Partners LLC purchased a new stake in shares of Mondelez International in the third quarter valued at about $38,000. 78.32% of the stock is owned by institutional investors.

Mondelez International Price Performance

Shares of NASDAQ MDLZ opened at $64.49 on Monday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.42 and a current ratio of 0.63. Mondelez International, Inc. has a fifty-two week low of $63.91 and a fifty-two week high of $77.20. The stock has a market cap of $86.24 billion, a PE ratio of 22.87, a price-to-earnings-growth ratio of 2.91 and a beta of 0.55. The stock has a fifty day moving average of $71.11 and a 200-day moving average of $69.54.

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 analysts’ consensus estimates of $0.85 by $0.14. Mondelez International had a return on equity of 17.53% and a net margin of 10.58%. The business had revenue of $9.20 billion during the quarter, compared to analyst estimates of $9.11 billion. During the same quarter in the previous year, the firm earned $0.82 EPS. The company’s quarterly revenue was up 1.9% compared to the same quarter last year. Equities research analysts anticipate that Mondelez International, Inc. will post 3.48 earnings per share for the current year.

Analyst Upgrades and Downgrades

MDLZ has been the subject of a number of recent analyst reports. The Goldman Sachs Group assumed coverage on shares of Mondelez International in a research report on Monday, August 12th. They issued a “buy” rating and a $80.00 price objective for the company. Evercore ISI lifted their price target on Mondelez International from $79.00 to $85.00 and gave the stock an “outperform” rating in a report on Thursday, September 26th. DA Davidson cut their price objective on Mondelez International from $80.00 to $75.00 and set a “buy” rating on the stock in a research report on Wednesday, July 31st. Bank of America raised their target price on Mondelez International from $80.00 to $84.00 and gave the company a “buy” rating in a research report on Tuesday, October 15th. Finally, Redburn Atlantic began coverage on shares of Mondelez International in a report on Tuesday, October 22nd. They issued a “buy” rating and a $82.00 price target on the stock. One research analyst has rated the stock with a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat, Mondelez International presently has an average rating of “Moderate Buy” and a consensus target price of $80.31.

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.