Boston Common Asset Management LLC Cuts Holdings in Mondelez International, Inc. (MDLZ)

Boston Common Asset Management LLC lessened its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 2.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 135,613 shares of the company’s stock after selling 2,875 shares during the period. Boston Common Asset Management LLC’s holdings in Mondelez International were worth $5,857,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of MDLZ. Savant Capital LLC raised its position in shares of Mondelez International by 2.3% in the first quarter. Savant Capital LLC now owns 8,094 shares of the company’s stock valued at $349,000 after buying an additional 179 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in shares of Mondelez International by 3.4% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 296,826 shares of the company’s stock valued at $12,787,000 after buying an additional 9,791 shares during the last quarter. Pacer Advisors Inc. raised its position in shares of Mondelez International by 4.5% in the first quarter. Pacer Advisors Inc. now owns 49,039 shares of the company’s stock valued at $2,113,000 after buying an additional 2,116 shares during the last quarter. Private Advisor Group LLC raised its position in shares of Mondelez International by 9.3% in the first quarter. Private Advisor Group LLC now owns 50,913 shares of the company’s stock valued at $2,237,000 after buying an additional 4,315 shares during the last quarter. Finally, South Texas Money Management Ltd. raised its position in shares of Mondelez International by 1.2% in the first quarter. South Texas Money Management Ltd. now owns 9,121 shares of the company’s stock valued at $393,000 after buying an additional 109 shares during the last quarter. 76.41% of the stock is owned by institutional investors and hedge funds.

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Shares of Mondelez International, Inc. (MDLZ) opened at $42.53 on Wednesday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.34 and a current ratio of 0.51. Mondelez International, Inc. has a 52 week low of $39.19 and a 52 week high of $47.23. The stock has a market cap of $62,839.01, a P/E ratio of 20.51, a price-to-earnings-growth ratio of 1.74 and a beta of 0.98.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Monday, October 30th. The company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.03. Mondelez International had a net margin of 8.61% and a return on equity of 12.31%. The company had revenue of $6.53 billion during the quarter, compared to the consensus estimate of $6.45 billion. During the same period in the previous year, the firm earned $0.52 earnings per share. Mondelez International’s revenue for the quarter was up 2.1% on a year-over-year basis. sell-side analysts predict that Mondelez International, Inc. will post 2.14 EPS for the current year.

In other Mondelez International news, EVP Daniel P. Myers sold 7,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $40.94, for a total transaction of $286,580.00. Following the completion of the sale, the executive vice president now directly owns 20,965 shares in the company, valued at $858,307.10. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Lewis W. K. Booth acquired 1,500 shares of the firm’s stock in a transaction on Thursday, November 9th. The shares were acquired at an average price of $41.29 per share, with a total value of $61,935.00. The disclosure for this purchase can be found here. 3.60% of the stock is owned by insiders.

A number of research firms have recently weighed in on MDLZ. Royal Bank Of Canada reissued an “outperform” rating and issued a $53.00 price objective (down previously from $54.00) on shares of Mondelez International in a research report on Monday, July 31st. Piper Jaffray Companies raised shares of Mondelez International from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $48.00 to $49.00 in a research report on Tuesday, July 25th. UBS AG restated a “buy” rating and issued a $51.00 target price on shares of Mondelez International in a report on Wednesday, August 9th. Susquehanna Bancshares Inc restated a “hold” rating on shares of Mondelez International in a report on Wednesday, August 2nd. Finally, Morgan Stanley lowered their target price on shares of Mondelez International from $50.00 to $48.00 and set an “overweight” rating for the company in a report on Friday, October 13th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Mondelez International has a consensus rating of “Buy” and a consensus price target of $49.40.

About Mondelez International

Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.

Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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