OneDigital Investment Advisors LLC Has $1.50 Million Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

OneDigital Investment Advisors LLC lowered its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 5.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,416 shares of the company’s stock after selling 1,184 shares during the period. OneDigital Investment Advisors LLC’s holdings in Mondelez International were worth $1,504,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Richardson Financial Services Inc. grew its position in Mondelez International by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 400 shares of the company’s stock worth $28,000 after acquiring an additional 200 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Mondelez International during the second quarter worth about $26,000. Lynx Investment Advisory acquired a new position in shares of Mondelez International in the second quarter valued at approximately $27,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in Mondelez International in the 2nd quarter valued at approximately $29,000. Finally, Highline Wealth Partners LLC acquired a new stake in Mondelez International during the 3rd quarter worth approximately $38,000. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Down 1.6 %

Shares of NASDAQ MDLZ opened at $64.49 on Monday. The company has a quick ratio of 0.42, a current ratio of 0.63 and a debt-to-equity ratio of 0.59. The firm has a market cap of $86.24 billion, a PE ratio of 22.87, a P/E/G ratio of 2.91 and a beta of 0.55. The company’s fifty day simple moving average is $71.11 and its 200 day simple moving average is $69.54. Mondelez International, Inc. has a 12-month low of $63.91 and a 12-month high of $77.20.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, October 29th. The company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.85 by $0.14. Mondelez International had a return on equity of 17.53% and a net margin of 10.58%. The company had revenue of $9.20 billion during the quarter, compared to the consensus estimate of $9.11 billion. During the same period last year, the business posted $0.82 EPS. The firm’s revenue for the quarter was up 1.9% compared to the same quarter last year. As a group, sell-side analysts forecast that Mondelez International, Inc. will post 3.48 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

MDLZ has been the subject of several recent research reports. The Goldman Sachs Group started coverage on shares of Mondelez International in a research report on Monday, August 12th. They issued a “buy” rating and a $80.00 price target for the company. Wells Fargo & Company lowered their target price on Mondelez International from $82.00 to $78.00 and set an “overweight” rating for the company in a research report on Wednesday, October 30th. Stifel Nicolaus upped their price target on Mondelez International from $75.00 to $82.00 and gave the company a “buy” rating in a research report on Friday, October 25th. DA Davidson decreased their price target on Mondelez International from $80.00 to $75.00 and set a “buy” rating for the company in a research note on Wednesday, July 31st. Finally, JPMorgan Chase & Co. lifted their price objective on Mondelez International from $72.00 to $73.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 31st. One analyst has rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $80.31.

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.