ARS Wealth Advisors Group LLC Grows Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

ARS Wealth Advisors Group LLC grew its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 11.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,164 shares of the company’s stock after buying an additional 440 shares during the period. ARS Wealth Advisors Group LLC’s holdings in Mondelez International were worth $302,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of MDLZ. Murphy Middleton Hinkle & Parker Inc. boosted its stake in Mondelez International by 3.9% in the fourth quarter. Murphy Middleton Hinkle & Parker Inc. now owns 3,651 shares of the company’s stock valued at $264,000 after acquiring an additional 136 shares in the last quarter. Cobblestone Asset Management LLC lifted its holdings in shares of Mondelez International by 2.8% during the 4th quarter. Cobblestone Asset Management LLC now owns 4,982 shares of the company’s stock valued at $361,000 after purchasing an additional 138 shares during the last quarter. Graypoint LLC lifted its holdings in shares of Mondelez International by 1.1% during the 4th quarter. Graypoint LLC now owns 12,281 shares of the company’s stock valued at $890,000 after purchasing an additional 138 shares during the last quarter. Guyasuta Investment Advisors Inc. boosted its position in shares of Mondelez International by 0.8% in the 4th quarter. Guyasuta Investment Advisors Inc. now owns 16,461 shares of the company’s stock worth $1,192,000 after purchasing an additional 138 shares in the last quarter. Finally, Beacon Capital Management LLC grew its stake in Mondelez International by 15.9% during the 4th quarter. Beacon Capital Management LLC now owns 1,019 shares of the company’s stock worth $71,000 after buying an additional 140 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of MDLZ traded down $0.61 during mid-day trading on Friday, hitting $69.89. 8,093,601 shares of the company were exchanged, compared to its average volume of 9,882,163. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.43 and a current ratio of 0.77. Mondelez International, Inc. has a 1-year low of $60.75 and a 1-year high of $78.54. The stock has a market cap of $94.11 billion, a price-to-earnings ratio of 22.19, a price-to-earnings-growth ratio of 2.44 and a beta of 0.55. The company has a 50 day moving average of $70.21 and a 200-day moving average of $70.91.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, April 30th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The business had revenue of $9.29 billion during the quarter, compared to analysts’ expectations of $9.16 billion. Mondelez International had a return on equity of 16.11% and a net margin of 11.87%. The business’s revenue was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.89 earnings per share. Analysts expect that Mondelez International, Inc. will post 3.51 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Citigroup lowered their price target on Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a report on Thursday, April 11th. Barclays lowered their target price on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a research note on Friday, April 12th. Stifel Nicolaus upped their price target on shares of Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. StockNews.com downgraded Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. One equities research analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. According to MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and an average target price of $80.75.

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.