Delta Investment Management LLC Has $513,000 Stake in Mondelez International, Inc. (NASDAQ:MDLZ)

Delta Investment Management LLC raised its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 87.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,590 shares of the company's stock after buying an additional 4,011 shares during the period. Delta Investment Management LLC's holdings in Mondelez International were worth $513,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Marshall Investment Management LLC acquired a new stake in Mondelez International in the 4th quarter worth approximately $26,000. Hager Investment Management Services LLC bought a new position in shares of Mondelez International in the fourth quarter valued at approximately $27,000. Transce3nd LLC acquired a new stake in shares of Mondelez International in the fourth quarter worth $30,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Mondelez International in the fourth quarter worth $31,000. Finally, McClarren Financial Advisors Inc. bought a new stake in shares of Mondelez International during the 4th quarter worth $32,000. Institutional investors and hedge funds own 78.32% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Stifel Nicolaus boosted their price objective on Mondelez International from $70.00 to $73.00 and gave the stock a "buy" rating in a research report on Wednesday, April 30th. DA Davidson lowered Mondelez International from a "buy" rating to a "neutral" rating and upped their price target for the stock from $66.00 to $68.00 in a report on Thursday, April 24th. Jefferies Financial Group downgraded shares of Mondelez International from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $75.00 to $62.00 in a research note on Tuesday, January 21st. Morgan Stanley boosted their target price on shares of Mondelez International from $69.00 to $72.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 30th. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $69.00 price target on shares of Mondelez International in a report on Monday, April 28th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $70.55.

Mondelez International Stock Up 0.6%

Shares of NASDAQ:MDLZ opened at $65.72 on Tuesday. The company's fifty day moving average is $66.17 and its 200-day moving average is $63.31. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.48 and a current ratio of 0.68. Mondelez International, Inc. has a 52 week low of $53.95 and a 52 week high of $76.06. The company has a market capitalization of $85.10 billion, a PE ratio of 19.22, a P/E/G ratio of 4.34 and a beta of 0.50.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.07. The firm had revenue of $9.31 billion for the quarter, compared to analysts' expectations of $9.37 billion. Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. The company's quarterly revenue was up .2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.93 earnings per share. Equities research analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal 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.

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