Jefferies Financial Group Inc. Acquires Shares of 22,702 Mondelez International, Inc. (NASDAQ:MDLZ)

Jefferies Financial Group Inc. acquired a new stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 22,702 shares of the company's stock, valued at approximately $1,356,000.

Other hedge funds also recently bought and sold shares of the company. ICICI Prudential Asset Management Co Ltd raised its holdings in Mondelez International by 430.0% in the 4th quarter. ICICI Prudential Asset Management Co Ltd now owns 92,413 shares of the company's stock valued at $5,520,000 after acquiring an additional 74,975 shares during the last quarter. Buckingham Capital Management Inc. increased its holdings in shares of Mondelez International by 25.5% during the 4th quarter. Buckingham Capital Management Inc. now owns 93,394 shares of the company's stock worth $5,578,000 after buying an additional 18,961 shares during the last quarter. Kennedy Investment Group acquired a new stake in shares of Mondelez International during the 4th quarter worth approximately $313,000. Rhumbline Advisers increased its holdings in shares of Mondelez International by 1.4% during the 4th quarter. Rhumbline Advisers now owns 2,742,126 shares of the company's stock worth $163,787,000 after buying an additional 37,897 shares during the last quarter. Finally, Miracle Mile Advisors LLC increased its holdings in shares of Mondelez International by 374.9% during the 4th quarter. Miracle Mile Advisors LLC now owns 22,124 shares of the company's stock worth $1,321,000 after buying an additional 17,465 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company's stock.

Mondelez International Stock Performance

Shares of MDLZ stock opened at $63.54 on Thursday. 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, Inc. has a 52 week low of $53.95 and a 52 week high of $76.06. The stock has a market capitalization of $82.27 billion, a PE ratio of 18.58, a P/E/G ratio of 4.34 and a beta of 0.50. The firm has a 50 day moving average of $66.26 and a two-hundred day moving average of $63.47.

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

Analysts Set New Price Targets

A number of analysts have recently issued reports on MDLZ shares. Barclays raised their price target on shares of Mondelez International from $71.00 to $74.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Dbs Bank downgraded shares of Mondelez International from a "strong-buy" rating to a "hold" rating in a report on Friday, February 7th. Stifel Nicolaus raised their price target on shares of Mondelez International from $70.00 to $73.00 and gave the stock a "buy" rating in a report on Wednesday, April 30th. Jefferies Financial Group downgraded shares of Mondelez International from a "buy" rating to a "hold" rating and cut their price target for the stock from $75.00 to $62.00 in a report on Tuesday, January 21st. Finally, Morgan Stanley raised their price target on shares of Mondelez International from $69.00 to $72.00 and gave the stock an "overweight" rating in a report on Wednesday, April 30th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $70.55.

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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