Mondelez International, Inc. (NASDAQ:MDLZ) Shares Purchased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC lifted its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 41.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,443 shares of the company’s stock after purchasing an additional 18,235 shares during the period. Axxcess Wealth Management LLC’s holdings in Mondelez International were worth $4,523,000 as of its most recent SEC filing.

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

Mondelez International Stock Performance

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

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

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Barclays reduced their price target on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a research report on Friday, April 12th. JPMorgan Chase & Co. decreased their target price 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. StockNews.com lowered Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Stifel Nicolaus lifted their price objective on shares of Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. Finally, Sanford C. Bernstein increased their target price on shares of Mondelez International from $88.00 to $90.00 and gave the stock an “outperform” rating in a report on Wednesday. One analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $80.75.

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.