As Mondelez Intl INC (MDLZ) Stock Price Declined, Trian Fund Management LP Has Trimmed by $971.07 Million Its Stake

August 9, 2018 - By Vernon Prom

Mondelez International, Inc. (NASDAQ:MDLZ) LogoInvestors sentiment increased to 1.04 in 2018 Q1. Its up 0.04, from 1 in 2017Q4. It increased, as 46 investors sold MDLZ shares while 390 reduced holdings. 101 funds opened positions while 352 raised stakes. 1.06 billion shares or 0.62% less from 1.07 billion shares in 2017Q4 were reported. Old National Bank In reported 29,303 shares or 0.06% of all its holdings. 155,715 are owned by Mai Mgmt. Ashfield Cap Prtnrs Limited Liability has invested 0.09% in Mondelez International, Inc. (NASDAQ:MDLZ). Focused Wealth Mngmt holds 5,122 shares or 0.07% of its portfolio. Pinnacle Advisory Group Inc Inc Inc has invested 0.04% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ). California Employees Retirement System stated it has 0.21% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ). America First Advsr Limited Liability reported 0.02% stake. Tompkins Fincl holds 0.01% or 1,126 shares in its portfolio. Duncker Streett And Communication reported 6,795 shares stake. Sns Llc holds 0.83% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ) for 73,097 shares. Macquarie Gp Limited owns 16.30M shares for 1.24% of their portfolio. Bb&T has 0.13% invested in Mondelez International, Inc. (NASDAQ:MDLZ) for 159,153 shares. Evermay Wealth Mngmt Llc accumulated 10,548 shares. Stratos Wealth Prtn Limited reported 37,733 shares. Triangle Secs Wealth reported 19,549 shares.

Since February 16, 2018, it had 2 insider purchases, and 3 selling transactions for $1.03 billion activity. Shares for $793.31M were sold by MAY PETER W. The insider BUNCH CHARLES E bought 2,000 shares worth $87,800. PELTZ NELSON sold $284.87M worth of Mondelez International, Inc. (NASDAQ:MDLZ) on Tuesday, February 27.

Trian Fund Management Lp decreased its stake in Mondelez Intl Inc. (MDLZ) by 55.72% based on its latest 2018Q1 regulatory filing with the SEC. Trian Fund Management Lp sold 23.68 million shares as the company’s stock declined 11.59% with the market. The hedge fund held 18.82 million shares of the consumer non-durables company at the end of 2018Q1, valued at $785.36 million, down from 42.50M at the end of the previous reported quarter. Trian Fund Management Lp who had been investing in Mondelez Intl Inc. for a number of months, seems to be less bullish one the $62.04 billion market cap company. The stock decreased 0.21% or $0.09 during the last trading session, reaching $42.3. About 282,305 shares traded. Mondelez International, Inc. (NASDAQ:MDLZ) has declined 14.94% since August 9, 2017 and is downtrending. It has underperformed by 27.51% the S&P500.

Analysts await Mondelez International, Inc. (NASDAQ:MDLZ) to report earnings on October, 29. They expect $0.61 EPS, up 7.02 % or $0.04 from last year’s $0.57 per share. MDLZ’s profit will be $894.59 million for 17.34 P/E if the $0.61 EPS becomes a reality. After $0.56 actual EPS reported by Mondelez International, Inc. for the previous quarter, Wall Street now forecasts 8.93 % EPS growth.

More recent Mondelez International, Inc. (NASDAQ:MDLZ) news were published by: Globenewswire.com which released: “MondelÄ“z International to Report Q2 Earnings on July 25, 2018” on July 11, 2018. Also Seekingalpha.com published the news titled: “Credit Suisse updates on Mondelez International” on July 30, 2018. Nasdaq.com‘s news article titled: “Mondelez International Reports Q2 Results” with publication date: July 25, 2018 was also an interesting one.

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

Among 8 analysts covering Mondelez International (NASDAQ:MDLZ), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Mondelez International has $5600 highest and $43 lowest target. $49.57’s average target is 17.19% above currents $42.3 stock price. Mondelez International had 9 analyst reports since April 16, 2018 according to SRatingsIntel. On Monday, April 16 the stock rating was maintained by Credit Suisse with “Buy”. The firm has “Overweight” rating by JP Morgan given on Monday, July 23. The firm has “Buy” rating by UBS given on Wednesday, June 20. Morgan Stanley maintained the stock with “Overweight” rating in Wednesday, May 2 report. The stock has “Buy” rating by UBS on Thursday, July 26. The stock of Mondelez International, Inc. (NASDAQ:MDLZ) has “Buy” rating given on Tuesday, April 24 by RBC Capital Markets. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, May 2. The firm earned “Buy” rating on Friday, July 27 by DZ Bank.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.