Published: Sat, December 16, 2017
Finance | By Loren Pratt

Tocqueville Asset Management LP Boosts Stake in Mondelez International Inc (MDLZ)


15,274,213 shares of the company's stock were exchanged, compared to its average volume of 7,877,237. It has underperformed by 11.01% the S&P500.

Ajo Lp decreased Bank Of America (BAC) stake by 11.81% reported in 2017Q2 SEC filing. Northwest Quadrant Wealth Management LLC now owns 7,069 shares of the company's stock valued at $309,000 after purchasing an additional 30 shares during the period. The Ajo Lp holds 24.35 million shares with $590.70 million value, down from 27.61M last quarter. Schlumberger Ltd now has $86.58B valuation. The stock increased 0.64% or $0.47 during the last trading session, reaching $74.29. About 60.62M shares traded. Wells Fargo & Company (NYSE:WFC) has risen 9.67% since December 15, 2016 and is uptrending.

Investors sentiment decreased to 1.04 in Q2 2017. Its up 0.12, from 0.79 in 2017Q1. It is negative, as 79 investors sold BAC shares while 543 reduced holdings. 131 funds opened positions while 449 raised stakes. Moreover, Everett Harris & Ca has 0.75% invested in 3M Company (NYSE:MMM). Atlanta Group Incorporated owns 13,647 shares. Middleton And Company Inc Ma accumulated 7,745 shares or 0.07% of the stock. Institutional investors and hedge funds own 75.86% of the company's stock. Janney Montgomery Scott Ltd holds 256,170 shares or 0.14% of its portfolio. Comerica Secs invested in 0.27% or 26,770 shares. Lpl Fincl Lc, California-based fund reported 2.07M shares. About 14.73 million shares traded. (NASDAQ:MDLZ). Golub Gp Ltd Liability, California-based fund reported 641,108 shares. That activity is comparable to their recent volume average trend of almost 3.36 million shares which they recorded over a period of three months. Whitnell And owns 49,223 shares or 0.94% of their USA portfolio. 58,471 were reported by Ls Inv Advisors Ltd Co.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on January, 25. During the same quarter past year, the business posted $0.52 earnings per share. MDLZ's profit will be $836.85M for 19.11 P/E if the $0.56 EPS becomes a reality.

Among 21 analysts covering Mondelez International Inc (NASDAQ:MDLZ), 16 have Buy rating, 1 Sell and 4 Hold. Therefore 50% are positive. Mondelez International Inc had 54 analyst reports since July 31, 2015 according to SRatingsIntel. UBS reaffirmed a "buy" rating and set a $49.00 target price on shares of Mondelez International in a research note on Friday, October 13th. JP Morgan maintained the shares of MDLZ in report on Tuesday, September 6 with "Overweight" rating. The company was maintained on Monday, October 19 by Oppenheimer. (NYSEAMERICAN:PARR) rating on Thursday, January 28. RBC Capital Markets maintained Mondelez International, Inc. RBC Capital Markets has "Outperform" rating and $51 target.


The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 11th. On Wednesday, April 20 the stock rating was maintained by Bernstein with "Outperform". $2.10 million worth of Bank of America Corporation (NYSE:BAC) was sold by BRAMBLE FRANK P.

Wms Partners Llc, which manages about $2.55 billion and $807.97M US Long portfolio, decreased its stake in Spdr S&P 500 Etf Tr (SPY) by 3,506 shares to 1,094 shares, valued at $265,000 in 2017Q2, according to the filing. It also upped Lpl Financial Hldgs (NASDAQ:LPLA) stake by 40,457 shares and now owns 111,027 shares. Select Sector Spdr Tr (XLK) was raised too.

Since August 8, 2017, it had 0 insider buys, and 2 insider sales for $559,992 activity. RBC Capital Markets maintained Mondelez International, Inc.

Mondelez International, Inc. (NASDAQ:MDLZ) has risen 5.69% since December 15, 2016 and is uptrending. Therefore 76% are positive. Mondelez International Inc has a 1 year low of $39.19 and a 1 year high of $47.23. Mondelez International now has an average rating of "Buy" and an average target price of $49.40. Vernalis PLC had 52 analyst reports since August 20, 2015 according to SRatingsIntel. BMO Capital Markets reiterated a "buy" rating and set a $48.00 target price on shares of Mondelez International in a research note on Thursday, November 2nd. As per Tuesday, April 4, the company rating was upgraded by Goldman Sachs. The firm has "Buy" rating given on Thursday, February 4 by Canaccord Genuity. The firm has "Outperform" rating by Imperial Capital given on Wednesday, May 18. Susquehanna initiated the stock with "Positive" rating in Monday, October 26 report. (NASDAQ:MDLZ) has "Hold" rating given on Wednesday, February 15 by Deutsche Bank. The rating was reinitiated by Deutsche Bank on Thursday, November 10 with "Hold". Banque Pictet & Cie SA grew its holdings in shares of Mondelez International by 90.1% during the second quarter. (NASDAQ:MDLZ) earned "Hold" rating by Stifel Nicolaus on Tuesday, August 8. When investing in a volatile security, the risk of success is increased just as much as the risk of failure. Its up 0.09, from 0.9 in 2017Q1.

According to 20 stock analysts, Mondelez International, Inc., is being kept at an average Outperform, rating, with at least 0.91% of shares outstanding that are now legally short sold. Among active positions in the latest quarter, 500 holders increased their positions by a total of 84.91 million shares, 615 holders decreased the positions by a total of 91.87 million shares, and 212 holders held their positions. The institutional investor held 120,160 shares of the consumer non-durables company at the end of 2017Q2, valued at $5.19 million, up from 106,020 at the end of the previous reported quarter. (NASDAQ:MDLZ). St Germain D J Communications holds 0.03% or 5,267 shares in its portfolio. Plante Moran Advsrs holds 0.22% or 8,099 shares in its portfolio. Deccan Value Limited Partnership holds 9.26% or 2.22M shares in its portfolio. (NASDAQ:MDLZ). London Company Of Virginia has invested 0.01% in Mondelez International, Inc. This nets out to an increase of 1.7 million shares and is a bullish sign for MDLZ.

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