Mondelez International, Inc. (NASDAQ:MDLZ) Shares Purchased by Gotham Asset Management LLC

Gotham Asset Management LLC increased its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 40.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 399,171 shares of the company's stock after buying an additional 114,090 shares during the period. Gotham Asset Management LLC's holdings in Mondelez International were worth $23,842,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in Mondelez International by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 132,437,250 shares of the company's stock valued at $7,910,477,000 after purchasing an additional 931,776 shares in the last quarter. Capital Research Global Investors increased its position in shares of Mondelez International by 13.9% in the fourth quarter. Capital Research Global Investors now owns 37,529,511 shares of the company's stock worth $2,241,637,000 after purchasing an additional 4,572,555 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Mondelez International by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 28,913,478 shares of the company's stock worth $1,721,954,000 after purchasing an additional 708,523 shares during the last quarter. Ameriprise Financial Inc. grew its position in Mondelez International by 5.1% during the fourth quarter. Ameriprise Financial Inc. now owns 20,074,353 shares of the company's stock valued at $1,198,491,000 after acquiring an additional 975,929 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Mondelez International in the fourth quarter worth approximately $1,118,755,000. Institutional investors and hedge funds own 78.32% of the company's stock.

Mondelez International Stock Performance

MDLZ traded up $1.26 during trading on Thursday, hitting $64.80. 534,258 shares of the stock were exchanged, compared to its average volume of 7,931,766. The firm has a market capitalization of $83.90 billion, a P/E ratio of 18.91, a PEG ratio of 4.34 and a beta of 0.50. Mondelez International, Inc. has a 1-year low of $53.95 and a 1-year high of $76.06. The stock has a fifty day moving average price of $66.26 and a two-hundred day moving average price of $63.47. The company has a quick ratio of 0.48, a current ratio of 0.68 and a debt-to-equity ratio of 0.58.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.67 by $0.07. Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. The company had revenue of $9.31 billion for the quarter, compared to analyst estimates of $9.37 billion. During the same quarter in the previous year, the company posted $0.93 earnings per share. The firm's revenue was up .2% compared to the same quarter last year. As a group, sell-side analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on MDLZ shares. JPMorgan Chase & Co. boosted their target price on shares of Mondelez International from $64.00 to $74.00 and gave the company an "overweight" rating in a report on Friday, April 11th. The Goldman Sachs Group lowered their target price 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. Barclays increased their target price on Mondelez International from $71.00 to $74.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Wells Fargo & Company raised their price target on Mondelez International from $64.00 to $68.00 and gave the company an "equal weight" rating in a research note on Wednesday, April 2nd. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on Mondelez International from $67.00 to $62.00 and set a "hold" rating for the company in a report on Wednesday, January 22nd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat.com, Mondelez International presently has an average rating of "Moderate Buy" and an average target price of $70.55.

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.