Mondelez International, Inc. (NASDAQ:MDLZ) Shares Acquired by Toronto Dominion Bank

Toronto Dominion Bank boosted its holdings in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 3.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 758,826 shares of the company's stock after purchasing an additional 22,715 shares during the quarter. Toronto Dominion Bank owned about 0.06% of Mondelez International worth $45,325,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of MDLZ. Glass Jacobson Investment Advisors llc grew its holdings in shares of Mondelez International by 6.7% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 2,681 shares of the company's stock worth $160,000 after buying an additional 168 shares during the last quarter. First Horizon Advisors Inc. grew its stake in shares of Mondelez International by 1.8% in the 4th quarter. First Horizon Advisors Inc. now owns 10,499 shares of the company's stock valued at $627,000 after purchasing an additional 181 shares during the last quarter. Traphagen Investment Advisors LLC increased its holdings in shares of Mondelez International by 0.8% in the fourth quarter. Traphagen Investment Advisors LLC now owns 23,619 shares of the company's stock valued at $1,411,000 after purchasing an additional 187 shares during the period. Core Alternative Capital raised its stake in shares of Mondelez International by 1.7% during the fourth quarter. Core Alternative Capital now owns 11,448 shares of the company's stock worth $684,000 after purchasing an additional 187 shares during the last quarter. Finally, Waldron Private Wealth LLC raised its stake in shares of Mondelez International by 1.0% during the fourth quarter. Waldron Private Wealth LLC now owns 19,496 shares of the company's stock worth $1,164,000 after purchasing an additional 191 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on MDLZ shares. Mizuho lifted their price objective on shares of Mondelez International from $64.00 to $70.00 and gave the company an "outperform" rating in a research report on Friday, February 14th. UBS Group boosted their price target on shares of Mondelez International from $60.00 to $69.00 and gave the stock a "neutral" rating in a research note on Thursday, April 17th. Barclays raised their price objective on shares of Mondelez International from $71.00 to $74.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Morgan Stanley boosted their target price on Mondelez International from $69.00 to $72.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 30th. Finally, Jefferies Financial Group downgraded Mondelez International from a "buy" rating to a "hold" rating and cut their target price for the stock from $75.00 to $62.00 in a research note on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $70.55.

Mondelez International Stock Up 0.3%

MDLZ stock opened at $65.32 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.48. The company's 50 day simple moving average is $66.15 and its 200-day simple moving average is $63.37. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $76.06. The firm has a market capitalization of $84.58 billion, a PE ratio of 19.10, a P/E/G ratio of 4.34 and a beta of 0.50.

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

Mondelez International 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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