West Family Investments Inc. Has $644,000 Stock Holdings in Mondelez International, Inc. $MDLZ

West Family Investments Inc. lifted its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 164.1% during the 2nd quarter, Holdings Channel reports. The firm owned 9,551 shares of the company’s stock after purchasing an additional 5,934 shares during the quarter. West Family Investments Inc.’s holdings in Mondelez International were worth $644,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in MDLZ. Soundwatch Capital LLC bought a new position in shares of Mondelez International during the 2nd quarter worth approximately $27,000. Rossby Financial LCC boosted its stake in Mondelez International by 966.7% during the second quarter. Rossby Financial LCC now owns 448 shares of the company’s stock worth $30,000 after acquiring an additional 406 shares in the last quarter. Aspect Partners LLC grew its holdings in Mondelez International by 180.5% in the second quarter. Aspect Partners LLC now owns 474 shares of the company’s stock worth $32,000 after purchasing an additional 305 shares during the period. Financial Connections Group Inc. bought a new stake in Mondelez International in the second quarter valued at $33,000. Finally, Saudi Central Bank acquired a new position in shares of Mondelez International during the first quarter valued at about $36,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. DZ Bank raised Mondelez International from a “sell” rating to a “buy” rating in a research note on Thursday, October 30th. Wells Fargo & Company lowered their target price on Mondelez International from $74.00 to $72.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 29th. Sanford C. Bernstein cut their target price on Mondelez International from $85.00 to $84.00 and set an “outperform” rating on the stock in a report on Wednesday, October 29th. UBS Group reduced their price target on shares of Mondelez International from $69.00 to $65.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. Finally, Barclays lowered their price objective on shares of Mondelez International from $71.00 to $67.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Fourteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $68.32.

Mondelez International Trading Down 0.2%

NASDAQ:MDLZ opened at $57.10 on Friday. Mondelez International, Inc. has a 52 week low of $53.95 and a 52 week high of $71.15. The firm has a 50-day moving average price of $59.64 and a two-hundred day moving average price of $63.40. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.39 and a current ratio of 0.61. The firm has a market cap of $73.67 billion, a price-to-earnings ratio of 21.38, a price-to-earnings-growth ratio of 5.34 and a beta of 0.42.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, April 11th. The company reported $0.66 earnings per share (EPS) for the quarter. The company had revenue of $7.30 billion during the quarter. Mondelez International had a return on equity of 14.16% and a net margin of 9.38%. On average, equities analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Company 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.