Mondelez International Inc. (MDLZ)

3,192 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Acquired by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC bought a new stake in Mondelez International, Inc. (NASDAQ:MDLZ – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,192 shares of the company’s stock, valued at approximately $244,000. Other hedge funds and other institutional investors have also recently modified their holdings of the company. Barclays PLC raised its position in Mondelez International by 48.8% in the third quarter. Barclays PLC now owns 4,948,322 shares of the company’s stock valued at $343,411,000 after purchasing an additional 1,623,588 shares during the last quarter. Canada Pension Plan Investment Board raised its holdings in Mondelez International by 44.5% in the 3rd quarter. Canada Pension Plan Investment Board now owns 3,766,132 shares of the company’s stock valued at $261,370,000 after buying an additional 1,159,900 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC acquired a new stake in Mondelez International during the 3rd quarter worth approximately $71,311,000. Envestnet Asset Management Inc. increased its position in Mondelez International by 38.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,264,142 shares of the company’s stock valued at $226,531,000 after acquiring an additional 900,445 shares during the period. Finally, Burgundy Asset Management Ltd. increased its position in Mondelez International by 52.7% in the 3rd quarter. Burgundy Asset Management Ltd. now owns 2,430,258 shares of the company’s stock valued at $168,660,000 after acquiring an additional 838,651 shares during the period. Institutional investors own 78.32% of the company’s stock. Analysts Set New Price Targets MDLZ has been the topic of several analyst reports. Citigroup reduced their price objective on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a research note on Thursday, April 11th. Sanford C. Bernstein upped their price target on Mondelez International from $88.00 to $90.00 and gave the company an “outperform” rating in a research report on Wednesday, May 1st. JPMorgan Chase & Co. lowered their price objective on Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a research report on Friday, April 12th. Stifel Nicolaus increased their target price on shares of Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a research report on Thursday, January 25th. Finally, StockNews.com downgraded shares of Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. One investment analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $80.75. Read Our Latest Research Report on Mondelez International Mondelez International Stock Performance Shares of Mondelez International stock opened at $71.23 on Monday. The business has a 50-day simple moving average of $69.99 and a 200 day simple moving average of $71.42. The firm has a market capitalization of $95.55 billion, a price-to-earnings ratio of 22.61, a PEG ratio of 2.52 and a beta of 0.55. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.77 and a quick ratio of 0.63. Mondelez International, Inc. has a one year low of $60.75 and a one year high of $77.57. Mondelez International (NASDAQ:MDLZ – Get Free Report) last released its quarterly earnings data on Tuesday, April 30th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.89 by $0.06. Mondelez International had a return on equity of 16.11% and a net margin of 11.87%. The firm had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.16 billion. During the same quarter in the previous year, the company posted $0.89 earnings per share. The company’s quarterly revenue was up 1.4% on a year-over-year basis. On average, research analysts anticipate that Mondelez International, Inc. will post 3.5 earnings per share for the current fiscal year. About Mondelez International (Free Report) 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.