Capital City Trust Co. FL Has $609,000 Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Capital City Trust Co. FL raised its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 5.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,262 shares of the company’s stock after buying an additional 428 shares during the quarter. Capital City Trust Co. FL’s holdings in Mondelez International were worth $609,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Aviso Wealth Management increased its holdings in shares of Mondelez International by 5.7% during the 3rd quarter. Aviso Wealth Management now owns 19,830 shares of the company’s stock valued at $1,461,000 after acquiring an additional 1,068 shares during the last quarter. Aljian Capital Management LLC acquired a new stake in Mondelez International in the 3rd quarter worth approximately $419,000. Thrivent Financial for Lutherans boosted its position in Mondelez International by 13.5% during the third quarter. Thrivent Financial for Lutherans now owns 197,964 shares of the company’s stock worth $14,584,000 after purchasing an additional 23,497 shares during the period. Claro Advisors LLC grew its holdings in Mondelez International by 10.7% during the third quarter. Claro Advisors LLC now owns 15,878 shares of the company’s stock valued at $1,170,000 after purchasing an additional 1,535 shares during the last quarter. Finally, Atlanta Consulting Group Advisors LLC raised its position in shares of Mondelez International by 3.4% in the third quarter. Atlanta Consulting Group Advisors LLC now owns 6,450 shares of the company’s stock valued at $475,000 after purchasing an additional 215 shares during the period. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

MDLZ stock opened at $64.49 on Monday. The company has a 50 day moving average price of $71.11 and a 200 day moving average price of $69.54. Mondelez International, Inc. has a fifty-two week low of $63.91 and a fifty-two week high of $77.20. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.63 and a quick ratio of 0.42. The stock has a market capitalization of $86.24 billion, a PE ratio of 22.87, a price-to-earnings-growth ratio of 2.91 and a beta of 0.55.

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

Analyst Ratings Changes

Several analysts recently weighed in on MDLZ shares. Bank of America increased their target price on Mondelez International from $80.00 to $84.00 and gave the company a “buy” rating in a research note on Tuesday, October 15th. Piper Sandler raised their price objective on shares of Mondelez International from $74.00 to $84.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. Redburn Atlantic began coverage on shares of Mondelez International in a research report on Tuesday, October 22nd. They set a “buy” rating and a $82.00 target price on the stock. The Goldman Sachs Group initiated coverage on shares of Mondelez International in a report on Monday, August 12th. They issued a “buy” rating and a $80.00 price target for the company. Finally, Evercore ISI boosted their price objective on shares of Mondelez International from $79.00 to $85.00 and gave the stock an “outperform” rating in a report on Thursday, September 26th. One equities research analyst has rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $80.31.

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.