Mondelez International, Inc. (NASDAQ:MDLZ) Shares Acquired by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC lifted its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 93.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 421,349 shares of the company’s stock after acquiring an additional 203,714 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Mondelez International were worth $31,041,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. Capital Research Global Investors lifted its position in shares of Mondelez International by 7.3% in the 1st quarter. Capital Research Global Investors now owns 32,497,024 shares of the company’s stock valued at $2,274,792,000 after acquiring an additional 2,206,023 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Mondelez International by 40.2% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,726,114 shares of the company’s stock valued at $1,094,557,000 after acquiring an additional 4,794,746 shares in the last quarter. Mizuho Securities USA LLC lifted its position in shares of Mondelez International by 12,057.4% in the 3rd quarter. Mizuho Securities USA LLC now owns 12,574,000 shares of the company’s stock valued at $926,327,000 after acquiring an additional 12,470,573 shares in the last quarter. Legal & General Group Plc lifted its position in shares of Mondelez International by 2.6% in the 2nd quarter. Legal & General Group Plc now owns 11,452,735 shares of the company’s stock valued at $749,467,000 after acquiring an additional 293,773 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Mondelez International by 13.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 8,970,204 shares of the company’s stock valued at $587,094,000 after acquiring an additional 1,071,719 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

NASDAQ:MDLZ opened at $63.87 on Wednesday. Mondelez International, Inc. has a 1 year low of $63.40 and a 1 year high of $77.20. The firm’s fifty day simple moving average is $70.65 and its 200 day simple moving average is $69.45. The company has a current ratio of 0.63, a quick ratio of 0.42 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $85.41 billion, a PE ratio of 22.65, a PEG ratio of 2.91 and a beta of 0.55.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results 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 for the quarter, compared to analyst estimates of $9.11 billion. During the same period last year, the business posted $0.82 EPS. Mondelez International’s revenue was up 1.9% compared to the same quarter last year. On average, sell-side analysts anticipate that Mondelez International, Inc. will post 3.48 EPS for the current year.

Wall Street Analyst Weigh In

MDLZ has been the subject of several research analyst reports. Piper Sandler upped their price target on shares of Mondelez International from $74.00 to $84.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th. Redburn Atlantic initiated coverage on shares of Mondelez International in a research report on Tuesday, October 22nd. They issued a “buy” rating and a $82.00 target price for the company. Evercore ISI increased their target price on shares of Mondelez International from $79.00 to $85.00 and gave the stock an “outperform” rating in a research report on Thursday, September 26th. DA Davidson cut their target price on shares of Mondelez International from $80.00 to $75.00 and set a “buy” rating for the company in a research report on Wednesday, July 31st. Finally, The Goldman Sachs Group initiated coverage on shares of Mondelez International in a research report on Monday, August 12th. They issued a “buy” rating and a $80.00 target price for the company. One research analyst has rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat, Mondelez International currently has a consensus rating of “Moderate Buy” and an average price target of $80.31.

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.