Axa S.A. Has $40.91 Million Position in Mondelez International, Inc. $MDLZ

Axa S.A. lifted its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 140.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 606,549 shares of the company’s stock after purchasing an additional 353,973 shares during the period. Axa S.A.’s holdings in Mondelez International were worth $40,906,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Soundwatch Capital LLC bought a new stake in shares of Mondelez International during the second quarter valued at approximately $27,000. Rossby Financial LCC raised its position in Mondelez International by 966.7% in the 2nd quarter. Rossby Financial LCC now owns 448 shares of the company’s stock worth $30,000 after purchasing an additional 406 shares during the last quarter. Aspect Partners LLC lifted its holdings in Mondelez International by 180.5% during the 2nd quarter. Aspect Partners LLC now owns 474 shares of the company’s stock worth $32,000 after buying an additional 305 shares in the last quarter. Financial Connections Group Inc. acquired a new position in Mondelez International during the 2nd quarter worth $33,000. Finally, Saudi Central Bank bought a new position in Mondelez International in the 1st quarter valued at $36,000. 78.32% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on MDLZ shares. DZ Bank raised Mondelez International from a “sell” rating to a “buy” rating in a research note on Thursday, October 30th. Royal Bank Of Canada dropped their price objective on Mondelez International from $71.00 to $67.00 and set an “outperform” rating for the company in a report on Wednesday, October 29th. Zacks Research downgraded shares of Mondelez International from a “hold” rating to a “strong sell” rating in a research report on Monday, November 10th. Barclays reduced their target price on shares of Mondelez International from $71.00 to $67.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Finally, UBS Group dropped their price target on shares of Mondelez International from $69.00 to $65.00 and set a “neutral” rating for the company in a research note on Wednesday, October 8th. Fourteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $68.32.

Mondelez International Stock Performance

MDLZ stock opened at $54.11 on Wednesday. Mondelez International, Inc. has a 1-year low of $53.95 and a 1-year high of $71.15. The company has a current ratio of 0.61, a quick ratio of 0.37 and a debt-to-equity ratio of 0.65. The firm has a market cap of $69.82 billion, a PE ratio of 20.27 and a beta of 0.39. The business’s 50-day moving average price is $58.54 and its two-hundred day moving average price is $62.90.

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

Mondelez International Company 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.