Mondelez Intl INC (MDLZ) Holding Has Lifted by Pershing Square Capital Management Lp

April 16, 2018 - By Adrian Mccoy

Mondelez International, Inc. (NASDAQ:MDLZ) LogoInvestors sentiment increased to 1 in Q4 2017. Its up 0.16, from 0.84 in 2017Q3. It improved, as 56 investors sold MDLZ shares while 388 reduced holdings. 107 funds opened positions while 338 raised stakes. 1.07 billion shares or 1.13% less from 1.08 billion shares in 2017Q3 were reported. Pillar Pacific Capital Mgmt Limited Liability stated it has 10,434 shares. The New Hampshire-based Impax Asset Mgmt Ltd has invested 0.9% in Mondelez International, Inc. (NASDAQ:MDLZ). Moreover, Northeast Investment Mgmt has 0.33% invested in Mondelez International, Inc. (NASDAQ:MDLZ) for 92,868 shares. Pggm Invs holds 0.17% in Mondelez International, Inc. (NASDAQ:MDLZ) or 724,400 shares. Auxier Asset Mngmt holds 40,960 shares. Yhb Investment Inc reported 53,136 shares. 5,958 were reported by Duncker Streett. Old Point Fincl N A owns 7,094 shares for 0.16% of their portfolio. Pershing Square Capital Lp invested in 23.26M shares. Hartford Investment Management Comm reported 322,353 shares. Ghp accumulated 6,115 shares or 0.04% of the stock. The Massachusetts-based Congress Asset Management Ma has invested 0.01% in Mondelez International, Inc. (NASDAQ:MDLZ). Farmers Financial Bank holds 0.99% or 14,266 shares. Retirement Sys Of Alabama holds 0.17% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ) for 806,962 shares. Palisade Cap Limited Company Nj accumulated 109,898 shares.

Since February 16, 2018, it had 2 buys, and 3 sales for $1.03 billion activity. Shares for $87,800 were bought by BUNCH CHARLES E on Friday, February 16. Another trade for 6.52 million shares valued at $284.87 million was made by PELTZ NELSON on Tuesday, February 27. Another trade for 10,931 shares valued at $478,668 was sold by Weber Hubert.

Bill Ackman increased its stake in Mondelez Intl Inc (MDLZ) by 66.98% based on its latest 2017Q4 regulatory filing with the SEC. Pershing Square Capital Management Lp bought 9.33 million shares as the company’s stock declined 5.65% with the market. The hedge fund run by Bill Ackman held 23.26M shares of the consumer non-durables company at the end of 2017Q4, valued at $995.37M, up from 13.93M at the end of the previous reported quarter. Pershing Square Capital Management Lp who had been investing in Mondelez Intl Inc for a number of months, seems to be bullish on the $62.53 billion market cap company. The stock increased 0.17% or $0.07 during the last trading session, reaching $42.16. About 877,954 shares traded. Mondelez International, Inc. (NASDAQ:MDLZ) has declined 6.02% since April 16, 2017 and is downtrending. It has underperformed by 17.57% the S&P500.

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

Among 10 analysts covering Mondelez International (NASDAQ:MDLZ), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. Mondelez International had 11 analyst reports since October 23, 2017 according to SRatingsIntel. Societe Generale upgraded the stock to “Buy” rating in Friday, February 2 report. Bank of America maintained Mondelez International, Inc. (NASDAQ:MDLZ) rating on Thursday, February 1. Bank of America has “Buy” rating and $56 target. BMO Capital Markets maintained Mondelez International, Inc. (NASDAQ:MDLZ) rating on Thursday, February 1. BMO Capital Markets has “Buy” rating and $50.0 target. As per Wednesday, November 1, the company rating was maintained by JP Morgan. The firm earned “Buy” rating on Wednesday, January 31 by Piper Jaffray. The firm has “Outperform” rating given on Tuesday, October 31 by Credit Suisse. The firm has “Buy” rating given on Tuesday, October 31 by Buckingham Research. The firm has “Buy” rating by Piper Jaffray given on Thursday, January 18. The firm earned “Hold” rating on Monday, October 23 by Stifel Nicolaus. Morgan Stanley maintained it with “Overweight” rating and $50 target in Thursday, February 1 report.

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

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