Mondelez International Inc (NASDAQ:MDLZ) Sentiment Report

Mondelez International, Inc. (NASDAQ:MDLZ) Logo

Sentiment for Mondelez International Inc (NASDAQ:MDLZ)

Mondelez International Inc (NASDAQ:MDLZ) institutional sentiment decreased to 0.94 in 2019 Q2. Its down -0.05, from 0.99 in 2019Q1. The ratio worsened, as 435 hedge funds increased or opened new stock positions, while 461 reduced and sold their equity positions in Mondelez International Inc. The hedge funds in our partner’s database now have: 1.04 billion shares, up from 1.04 billion shares in 2019Q1. Also, the number of hedge funds holding Mondelez International Inc in their top 10 stock positions was flat from 16 to 16 for the same number . Sold All: 44 Reduced: 417 Increased: 331 New Position: 104.

Mondelez International, Inc., through its subsidiaries, makes and markets snack food and beverage products worldwide. The company has market cap of $77.99 billion. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; gums and candies; coffee and powdered beverages; and cheese and grocery products. It has a 21.17 P/E ratio. The companyÂ’s primary snack brand portfolio includes Nabisco, Oreo, LU, and belVita biscuits; Cadbury, Milka, Cadbury Dairy Milk, and Toblerone chocolates; Trident gums; Halls candies; and Tang powdered beverages.

The stock decreased 1.33% or $0.73 during the last trading session, reaching $54.08. About 5.25 million shares traded. Mondelez International, Inc. (NASDAQ:MDLZ) has risen 24.40% since September 13, 2018 and is uptrending. It has outperformed by 24.40% the S&P500.

Analysts await Mondelez International, Inc. (NASDAQ:MDLZ) to report earnings on November, 4. They expect $0.62 earnings per share, 0.00 % or $0.00 from last year’s $0.62 per share. MDLZ’s profit will be $894.13 million for 21.81 P/E if the $0.62 EPS becomes a reality. After $0.57 actual earnings per share reported by Mondelez International, Inc. for the previous quarter, Wall Street now forecasts 8.77 % EPS growth.

Lindsell Train Ltd holds 30.77% of its portfolio in Mondelez International, Inc. for 33.64 million shares. First Trust Bank Ltd. owns 105,300 shares or 18.62% of their US portfolio. Moreover, Trian Fund Management L.P. has 10.71% invested in the company for 18.83 million shares. The New York-based Tremblant Capital Group has invested 4.29% in the stock. Usa Financial Portformulas Corp, a Michigan-based fund reported 164,386 shares.

Mondelez International, Inc. (NASDAQ:MDLZ) Ratings Coverage

Ratings analysis reveals 100% of Mondelez Int`l’s analysts are positive. Out of 3 Wall Street analysts rating Mondelez Int`l, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $51 while the high is $6200. The stock’s average target of $59 is 9.10% above today’s ($54.08) share price. MDLZ was included in 7 notes of analysts from March 16, 2019. Credit Suisse maintained the stock with “Outperform” rating in Wednesday, July 31 report. The firm has “Buy” rating given on Wednesday, July 31 by Buckingham Research. The firm earned “Buy” rating on Tuesday, March 19 by Barclays Capital. The rating was maintained by Morgan Stanley on Wednesday, July 31 with “Equal-Weight”.

More notable recent Mondelez International, Inc. (NASDAQ:MDLZ) news were published by: Nasdaq.com which released: “Mondelez Gains From Pricing Strategies, Input Costs a Worry – Nasdaq” on September 11, 2019, also Nasdaq.com with their article: “Mondelez (MDLZ) Q2 Earnings Meet Estimates, 2019 View Up – Nasdaq” published on July 31, 2019, Nasdaq.com published: “Mondelez (MDLZ) Up 2.6% Since Last Earnings Report: Can It Continue? – Nasdaq” on August 29, 2019. More interesting news about Mondelez International, Inc. (NASDAQ:MDLZ) were released by: Nasdaq.com and their article: “Mondelez (MDLZ) Up 25% in 3 Months on Strong Brands & Savings – Nasdaq” published on April 02, 2019 as well as Nasdaq.com‘s news article titled: “What’s in the Offing for Mondelez’s (MDLZ) Q2 Earnings? – Nasdaq” with publication date: July 24, 2019.

Mondelez International, Inc. (NASDAQ:MDLZ) Institutional Positions Chart

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