AE Wealth Management LLC Has $4.41 Million Holdings in Mondelez International, Inc. $MDLZ

AE Wealth Management LLC increased its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 26.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,320 shares of the company’s stock after purchasing an additional 13,652 shares during the period. AE Wealth Management LLC’s holdings in Mondelez International were worth $4,405,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. AlphaStar Capital Management LLC purchased a new position in shares of Mondelez International in the second quarter valued at $1,336,000. GAMMA Investing LLC boosted its stake in Mondelez International by 43.2% in the 2nd quarter. GAMMA Investing LLC now owns 26,230 shares of the company’s stock worth $1,769,000 after purchasing an additional 7,914 shares during the period. Canopy Partners LLC boosted its stake in Mondelez International by 20.7% in the 1st quarter. Canopy Partners LLC now owns 16,800 shares of the company’s stock worth $1,140,000 after purchasing an additional 2,876 shares during the period. TCW Group Inc. grew its holdings in Mondelez International by 1.1% during the 1st quarter. TCW Group Inc. now owns 98,444 shares of the company’s stock valued at $6,679,000 after buying an additional 1,075 shares in the last quarter. Finally, Ground Swell Capital LLC bought a new stake in shares of Mondelez International during the first quarter valued at about $392,000. Institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

MDLZ stock opened at $56.25 on Tuesday. Mondelez International, Inc. has a 12-month low of $53.95 and a 12-month high of $71.15. The stock has a market capitalization of $72.78 billion, a price-to-earnings ratio of 21.07, a PEG ratio of 5.34 and a beta of 0.42. The company has a current ratio of 0.61, a quick ratio of 0.39 and a debt-to-equity ratio of 0.65. The firm’s 50-day moving average price is $61.20 and its two-hundred day moving average price is $64.37.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, April 11th. The company reported $0.66 EPS for the quarter. The business had revenue of $7.30 billion during the quarter. Mondelez International had a net margin of 9.38% and a return on equity of 14.16%. As a group, equities analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on MDLZ. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mondelez International in a research note on Tuesday, October 14th. DZ Bank raised shares of Mondelez International from a “sell” rating to a “buy” rating in a report on Thursday, October 30th. Barclays dropped their price objective on Mondelez International from $71.00 to $67.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Mizuho decreased their target price on Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 28th. Finally, JPMorgan Chase & Co. dropped their price target on Mondelez International from $74.00 to $71.00 and set an “overweight” rating for the company in a research report on Wednesday, October 29th. Fourteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $68.37.

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.