Pathstone Holdings LLC Has $11.68 Million Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Pathstone Holdings LLC lessened its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 10.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 195,477 shares of the company's stock after selling 23,403 shares during the quarter. Pathstone Holdings LLC's holdings in Mondelez International were worth $11,682,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Brookstone Capital Management lifted its position in shares of Mondelez International by 45.9% in the fourth quarter. Brookstone Capital Management now owns 13,535 shares of the company's stock worth $808,000 after buying an additional 4,260 shares during the last quarter. AdvisorNet Financial Inc lifted its holdings in Mondelez International by 23.7% in the 4th quarter. AdvisorNet Financial Inc now owns 4,877 shares of the company's stock worth $291,000 after purchasing an additional 934 shares during the last quarter. Rockland Trust Co. lifted its holdings in Mondelez International by 4.3% in the 4th quarter. Rockland Trust Co. now owns 7,233 shares of the company's stock worth $432,000 after purchasing an additional 301 shares during the last quarter. Park Avenue Securities LLC boosted its position in Mondelez International by 21.2% during the fourth quarter. Park Avenue Securities LLC now owns 23,950 shares of the company's stock worth $1,431,000 after purchasing an additional 4,193 shares during the period. Finally, Pinnacle Bancorp Inc. grew its holdings in Mondelez International by 36.2% during the fourth quarter. Pinnacle Bancorp Inc. now owns 1,936 shares of the company's stock valued at $116,000 after purchasing an additional 515 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Stock Up 0.2%

Shares of Mondelez International stock traded up $0.15 during trading hours on Tuesday, reaching $65.87. 6,236,766 shares of the company's stock were exchanged, compared to its average volume of 7,971,595. The stock has a market cap of $85.29 billion, a P/E ratio of 19.26, a P/E/G ratio of 4.34 and a beta of 0.50. The company has a 50 day moving average of $66.17 and a two-hundred day moving average of $63.31. 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, Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $76.06.

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

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Argus downgraded Mondelez International from a "buy" rating to a "hold" rating in a research report on Friday, February 21st. The Goldman Sachs Group reduced their target price on shares of Mondelez International from $68.00 to $60.00 and set a "buy" rating for the company in a research note on Thursday, February 6th. Deutsche Bank Aktiengesellschaft decreased their target price on Mondelez International from $67.00 to $62.00 and set a "hold" rating on the stock in a research report on Wednesday, January 22nd. JPMorgan Chase & Co. lifted their price objective on Mondelez International from $64.00 to $74.00 and gave the stock an "overweight" rating in a report on Friday, April 11th. Finally, Jefferies Financial Group cut Mondelez International from a "buy" rating to a "hold" rating and lowered their price objective for the company from $75.00 to $62.00 in a research report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price 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.