UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 46,658 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 0.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,925,129 shares of the company's stock after acquiring an additional 46,658 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.67% of Mondelez International worth $533,098,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Marshall Investment Management LLC purchased a new stake in Mondelez International in the fourth quarter worth about $26,000. Hager Investment Management Services LLC purchased a new stake in Mondelez International in the fourth quarter worth about $27,000. Transce3nd LLC purchased a new stake in Mondelez International in the fourth quarter worth about $30,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Mondelez International in the fourth quarter worth about $31,000. Finally, Sierra Ocean LLC purchased a new stake in Mondelez International in the fourth quarter worth about $32,000. Institutional investors own 78.32% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on MDLZ shares. The Goldman Sachs Group reduced their price target on Mondelez International from $68.00 to $60.00 and set a "buy" rating for the company in a research report on Thursday, February 6th. UBS Group upped their price target on Mondelez International from $60.00 to $69.00 and gave the stock a "neutral" rating in a research report on Thursday, April 17th. Dbs Bank cut Mondelez International from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 7th. Evercore ISI increased their target price on Mondelez International from $67.00 to $70.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft cut their target price on Mondelez International from $67.00 to $62.00 and set a "hold" rating for the company in a research report on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $70.55.

Mondelez International Price Performance

Shares of Mondelez International stock opened at $65.87 on Wednesday. The stock has a 50 day moving average of $66.19 and a 200 day moving average of $63.33. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $76.06. The firm has a market cap of $85.29 billion, a PE ratio of 19.26, a PEG ratio of 4.34 and a beta of 0.50. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58.

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

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.

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