Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by Lighthouse Investment Partners LLC

Lighthouse Investment Partners LLC lessened its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 79.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,000 shares of the company's stock after selling 18,978 shares during the quarter. Lighthouse Investment Partners LLC's holdings in Mondelez International were worth $299,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in MDLZ. Marshall Investment Management LLC purchased a new stake in Mondelez International during the fourth quarter valued at approximately $26,000. Hager Investment Management Services LLC acquired a new position in Mondelez International during the 4th quarter valued at about $27,000. Transce3nd LLC acquired a new position in shares of Mondelez International during the fourth quarter valued at about $30,000. Kohmann Bosshard Financial Services LLC acquired a new stake in Mondelez International in the 4th quarter worth approximately $31,000. Finally, McClarren Financial Advisors Inc. acquired a new stake in shares of Mondelez International during the fourth quarter worth $32,000. 78.32% of the stock is owned by institutional investors.

Analyst Ratings Changes

MDLZ has been the subject of several research analyst reports. Jefferies Financial Group cut Mondelez International from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $75.00 to $62.00 in a research note on Tuesday, January 21st. Deutsche Bank Aktiengesellschaft dropped their target price on Mondelez International from $67.00 to $62.00 and set a "hold" rating on the stock in a report on Wednesday, January 22nd. JPMorgan Chase & Co. raised their price target on shares of Mondelez International from $64.00 to $74.00 and gave the company an "overweight" rating in a research report on Friday, April 11th. Royal Bank of Canada reiterated an "outperform" rating and set a $69.00 price target on shares of Mondelez International in a research report on Monday, April 28th. Finally, Stifel Nicolaus boosted their target price on shares of Mondelez International from $70.00 to $73.00 and gave the stock a "buy" rating in a research note on Wednesday, April 30th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have assigned 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 price target of $70.55.

Mondelez International Stock Up 0.6%

Shares of MDLZ stock traded up $0.40 during trading on Monday, reaching $65.72. The company's stock had a trading volume of 6,356,173 shares, compared to its average volume of 7,978,534. The stock's 50-day moving average price is $66.15 and its 200 day moving average price is $63.33. The company has a market capitalization of $85.10 billion, a price-to-earnings ratio of 19.22, a P/E/G ratio of 4.34 and a beta of 0.50. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.48. Mondelez International, Inc. has a 1-year low of $53.95 and a 1-year high of $76.06.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its earnings results on Tuesday, April 29th. The company reported $0.74 earnings per share (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 during the quarter, compared to analyst estimates of $9.37 billion. During the same period last year, the business posted $0.93 earnings per share. Mondelez International's revenue was up .2% compared to the same quarter last year. On average, research analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current 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.