Published: Tue, March 13, 2018
Business | By Tara Barton

Investec Asset Management LTD Trims Stake in Mondelez International Inc (NASDAQ:MDLZ)


Chemical Bank increased its stake in Amazon.Com Inc (AMZN) by 60.58% based on its latest 2017Q3 regulatory filing with the SEC. Franklin Street Advisors Inc acquired 8,541 shares as Mondelez Intl Inc Com (MDLZ)'s stock rose 7.60%. The company has market cap of $7.10 billion. The stock witnessed 0.5% gains, 2.17% gains and 8.08% gains for the 1-month, 3-month and 6-month period, respectively. About 14,627 shares traded. (GLPI) has risen 10.92% since March 12, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Knott David M increased its stake in Mondelez Int'l Inc.

Middleton & Co Inc increased its stake in Mondelez Intl Inc (MDLZ) by 298.9% based on its latest 2017Q3 regulatory filing with the SEC. Intact Investment Management Inc bought 121,900 shares as the company's stock declined 29.14% while stock markets rallied. The stock increased 0.21% or $0.094 during the last trading session, reaching $44.364. About 6.13 million shares traded. It has underperformed by 11.01% the S&P500. Citadel Advsr Ltd stated it has 3.73M shares or 0.3% of all its holdings. Therefore 31% are positive. Visa Inc. had 125 analyst reports since July 21, 2015 according to SRatingsIntel. Cleararc Capital Inc accumulated 38,731 shares or 0.24% of the stock. (NASDAQ:MDLZ) has "Buy" rating given on Wednesday, February 24 by UBS. Stifel Nicolaus maintained Inogen, Inc. The firm has "Outperform" rating by Credit Agricole given on Thursday, August 6. The stock has a market capitalization of $66,360.00, a P/E ratio of 23.84, a price-to-earnings-growth ratio of 1.50 and a beta of 0.90. The firm earned "Hold" rating on Thursday, November 10 by Deutsche Bank. The rating was maintained by Mizuho with "Buy" on Friday, February 2. The stock has "Hold" rating by Morgan Stanley on Wednesday, July 19. Jefferies maintained the stock with "Buy" rating in Friday, June 23 report.

Investors sentiment decreased to 0.84 in Q3 2017. Its up 0.16, from 0.84 in 2017Q2. It worsened, as 73 investors sold AMZN shares while 549 reduced holdings. 37 funds opened positions while 58 raised stakes. Moreover, Broad Run Investment Management Llc has 4.48% invested in the company for 3.63 million shares. First Dallas Secs accumulated 0.32% or 2,976 shares. Victory Cap Mngmt Inc owns 842,796 shares for 0.08% of their portfolio. Davenport & Ltd Liability Co accumulated 1.18M shares or 0.61% of the stock. Scotia Cap Inc has 0.38% invested in Amazon.com, Inc. (NASDAQ:INGN). Moreover, Us Bank De has 0% invested in Inogen, Inc. (NASDAQ:AAPL) for 381,468 shares. Beaumont Prns Limited Company, a Massachusetts-based fund reported 166,788 shares. Ameriprise Fin stated it has 187,068 shares. (NASDAQ:AMZN) for 27,976 shares. The institutional investor held 82,981 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $7.12 million, down from 91,006 at the end of the previous reported quarter. Mogy Joel R Inv Counsel holds 0.42% or 61,386 shares in its portfolio. Amalgamated Bankshares owns 2,339 shares. 2,000 Mondelez International, Inc. It also reduced its holding in Granite Real Estate Invt Tr by 18,800 shares in the quarter, leaving it with 129,915 shares, and cut its stake in Applied Matls Inc (NASDAQ:AMAT). Its down 0.15, from 0.99 in 2017Q2.

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Several other institutional investors and hedge funds have also recently bought and sold shares of MDLZ. 5,144 are owned by Inspirion Wealth Advsrs Ltd Liability. Hartford Mgmt invested in 344,038 shares or 0.26% of the stock. Piper Jaffray maintained Mondelez International, Inc. (NASDAQ:MDLZ) by some 79,801,051 shares, 588 decreased positions by 99,676,711 and 205 held positions by 955,929,135. Bremer National Association reported 7,112 shares. Public Finance Insurance, and global and Structured Finance Insurance divisions. Mondelez International Inc has a 1-year low of $39.19 and a 1-year high of $47.23. (NASDAQ:MDLZ). Capwealth Limited Liability owns 0.14% invested in Mondelez International, Inc. During the same quarter previous year, the firm posted $0.47 earnings per share. Invesco Ltd reported 0.42% stake. Stock repurchase programs are usually an indication that the company's management believes its stock is undervalued. During the same period in the previous year, the firm earned $0.47 EPS. equities analysts predict that Mondelez International Inc will post 2.47 EPS for the current year. (NASDAQ:MDLZ) shares were sold by Weber Hubert. Valicenti Advisory holds 14,596 shares. Waldron Ltd Partnership stated it has 0.09% in Mondelez International, Inc.

Among 23 analysts covering Mondelez International Inc (NASDAQ:MDLZ), 18 have Buy rating, 1 Sell and 4 Hold. (NASDAQ:MDLZ). Appleton Prtn Ma holds 0.49% of its portfolio in Mondelez International, Inc. (NASDAQ:AAPL) for 16,315 shares. Zacks Investment Research lowered shares of Mondelez International from a "buy" rating to a "hold" rating in a research report on Tuesday, February 27th. Therefore 64% are positive.

Mondelez International declared that its board has approved a share buyback program on Wednesday, January 31st that authorizes the company to repurchase $6.00 billion in outstanding shares. (NASDAQ:MDLZ) rating on Monday, September 18. One investment analyst has rated the stock with a sell rating, two have given a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company's stock. The firm has "Hold" rating given on Wednesday, February 15 by Deutsche Bank. (NASDAQ:MDLZ) has "Outperform" rating given on Friday, July 31 by RBC Capital Markets. Sand Hill Global Advisors LLC increased its position in Mondelez International by 2.8% during the 4th quarter. (NASDAQ:MDLZ) to report earnings on May, 1. (NASDAQ:MDLZ) earned "Overweight" rating by PiperJaffray on Tuesday, July 25. The company was maintained on Friday, September 11 by Cowen & Co. This buyback authorization allows the company to buy shares of its stock through open market purchases.

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