Citizens National Bank Trust Department Acquires 165 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Citizens National Bank Trust Department raised its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 0.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 33,415 shares of the company’s stock after acquiring an additional 165 shares during the period. Citizens National Bank Trust Department’s holdings in Mondelez International were worth $2,462,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Mondelez International by 5.4% in the 1st quarter. Vanguard Group Inc. now owns 130,765,846 shares of the company’s stock valued at $9,153,609,000 after buying an additional 6,696,897 shares in the last quarter. Capital Research Global Investors increased its position in shares of Mondelez International by 7.3% in the 1st quarter. Capital Research Global Investors now owns 32,497,024 shares of the company’s stock valued at $2,274,792,000 after buying an additional 2,206,023 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Mondelez International by 40.2% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,726,114 shares of the company’s stock valued at $1,094,557,000 after buying an additional 4,794,746 shares in the last quarter. Legal & General Group Plc increased its position in shares of Mondelez International by 2.6% in the 2nd quarter. Legal & General Group Plc now owns 11,452,735 shares of the company’s stock valued at $749,467,000 after buying an additional 293,773 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Mondelez International by 13.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 8,970,204 shares of the company’s stock valued at $587,094,000 after buying an additional 1,071,719 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Bank of America upped their price objective on shares of Mondelez International from $80.00 to $84.00 and gave the company a “buy” rating in a research report on Tuesday, October 15th. Evercore ISI upped their target price on shares of Mondelez International from $79.00 to $85.00 and gave the stock an “outperform” rating in a research note on Thursday, September 26th. Wells Fargo & Company reduced their target price on shares of Mondelez International from $82.00 to $78.00 and set an “overweight” rating for the company in a research note on Wednesday, October 30th. Redburn Atlantic started coverage on shares of Mondelez International in a research note on Tuesday, October 22nd. They issued a “buy” rating and a $82.00 target price for the company. Finally, Sanford C. Bernstein reduced their target price on shares of Mondelez International from $90.00 to $88.00 and set an “outperform” rating for the company in a research note on Wednesday, July 17th. One investment analyst has rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Mondelez International presently has an average rating of “Moderate Buy” and a consensus target price of $80.31.

Mondelez International Stock Up 0.0 %

Shares of MDLZ stock opened at $68.51 on Monday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.50 and a current ratio of 0.63. The firm’s 50-day moving average is $72.35 and its 200-day moving average is $69.81. The stock has a market cap of $91.52 billion, a price-to-earnings ratio of 24.29, a PEG ratio of 2.97 and a beta of 0.55. Mondelez International, Inc. has a 52-week low of $64.18 and a 52-week high of $77.20.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, October 29th. The company reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.14. The company had revenue of $9.20 billion for the quarter, compared to analysts’ expectations of $9.11 billion. Mondelez International had a net margin of 10.58% and a return on equity of 17.53%. Mondelez International’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.82 EPS. Sell-side analysts predict that Mondelez International, Inc. will post 3.49 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.