Economy

Stock Jumping Abnormally High: Mondelez International, Inc. (MDLZ)

Stock Jumping Abnormally High: Mondelez International, Inc. (MDLZ)”

Overall, the share price is down -8.59% so far this year. The stock has "Overweight" rating by PiperJaffray on Tuesday, July 25.

Nippon Life Insurance Company increased Mondelez Intl Inc (MDLZ) stake by 10.06% reported in 2017Q2 SEC filing. It increased, as 48 investors sold MDLZ shares while 407 reduced holdings. Share performance for the month is now at -2.23%. Proficio Capital Partners LLC raised its holdings in Mondelez International by 637.3% in the 1st quarter. Finally, Parkside Financial Bank & Trust raised its position in shares of Mondelez International by 1.8% in the third quarter. For the quarter, shares have been noted at -5.86%.

On a similar note, analysts expect EPS of $0.21 in September 2017 quarter and $0.22 in December 2017 quarter, representing 5% and 22.22% growth, respectively. The fund owned 141,828 shares of the company's stock after selling 16,347 shares during the period. GFS Advisors LLC acquired a new stake in Mondelez International in the first quarter worth about $450,000. King Luther Capital Management Corp now owns 736,716 shares of the company's stock valued at $31,738,000 after acquiring an additional 10,915 shares during the period. The stock was sold at an average price of $40.94, for a total value of $286,580.00. Also, EVP Maurizio Brusadelli sold 6,248 shares of the firm's stock in a transaction that occurred on Tuesday, August 8th. Proficio Capital Partners LLC now owns 2,271 shares of the company's stock valued at $105,000 after acquiring an additional 1,963 shares in the last quarter. The disclosure for this sale can be found here. Insiders own 3.60% of the company's stock.

Several brokerages have recently commented on MDLZ.

Analysts have given a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Moreover, Checchi Cap Advisers Llc has 0.06% invested in Mondelez International Inc (NASDAQ:MDLZ) for 13,580 shares. Berenberg Bank began coverage on shares of Mondelez International in a research note on Thursday, January 5th. Credit Suisse Group reissued a "buy" rating and issued a $50.00 price target on shares of Mondelez International in a report on Tuesday, June 13th. The stock of Mondelez International Inc (NASDAQ:MDLZ) earned "Buy" rating by RBC Capital Markets on Thursday, July 6. On Thursday, February 4 the stock rating was maintained by RBC Capital Markets with "Outperform". The stock now has an average rating of "Buy" and a consensus target price of $50.69. $77.42 million worth of Mondelez International Inc (NASDAQ:MDLZ) was sold by PELTZ NELSON. "(MDLZ)" was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this piece on another website, it was copied illegally and reposted in violation of global trademark and copyright laws.

Shares of Mondelez International, Inc. Oakwood Capital Limited Liability Corp Ca reported 0.73% of its portfolio in Mondelez International Inc (NASDAQ:MDLZ). Company shares have been seen trading -11.88% off of the 52 week high and 92.67% away from the 52 week low. In looking the SMA 50 we see that the stock has seen a -4.33% while it has a distance of -7.94% from the 200 days simple moving average. Princeton Portfolio Strategies Group Inc Inc Lc has invested 1.31% in Mondelez International Inc (NASDAQ:MDLZ).

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Wednesday, August 2nd. Delta Asset Limited Liability Company Tn has 14,829 shares for 0.1% of their portfolio. Return on Equity (ROE) stands at 6.8% and Return on Investment (ROI) of 4.8 percent. The business had revenue of $5.99 billion during the quarter, compared to the consensus estimate of $5.98 billion. Analysts forecast earnings per share of $0.54, up exactly $0.02 or 3.85 % from 2014's $0.52 EPS. The company's revenue was down 5.0% compared to the same quarter previous year. On average, equities research analysts anticipate that Mondelez International, Inc. will post $2.12 EPS for the current year. Investors of record on Friday, March 31st were given a dividend of $0.19 per share. Mondelez International's revenue for the quarter was down 5.0% compared to the same quarter past year. The ex-dividend date was Wednesday, March 29th.

Since May 5, 2017, it had 0 buys, and 2 insider sales for $77.69 million activity. Mondelez International's payout ratio is now 66.67%.

Golub Group Llc decreased Mondelez Intl Inc (MDLZ) stake by 28.29% reported in 2017Q2 SEC filing. The Firm makes 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.



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