Mondelez International INC (MDLZ) Holder Lindsell Train LTD Has Increased Its Stake by $56.31 Million as Market Value Declined

June 13, 2018 - By Migdalia James

Mondelez International, Inc. (NASDAQ:MDLZ) LogoInvestors sentiment increased to 1.04 in Q1 2018. Its up 0.04, from 1 in 2017Q4. It is positive, 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. Haverford Communications holds 36,955 shares. Markston Ltd holds 0.36% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ) for 79,778 shares. Advisors Asset stated it has 32,618 shares. 735,280 are held by Aperio Gp Inc Ltd. Sterling Capital Mgmt Ltd Liability Company holds 0% or 5,165 shares. 80,646 are held by Culbertson A N &. Moreover, Pnc Financial Svcs has 0.07% invested in Mondelez International, Inc. (NASDAQ:MDLZ). Barrett Asset Mngmt Limited Liability accumulated 5,614 shares. Reliance Of Delaware holds 24,092 shares or 0.16% of its portfolio. Waters Parkerson Company Lc holds 0.05% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ) for 13,612 shares. Balyasny Asset Mngmt Ltd Co reported 0.07% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ). Stearns Ser Gp has invested 0.06% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ). Hudson Bay Cap Management Limited Partnership holds 0.02% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ) for 28,600 shares. Edge Wealth has invested 0% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ). Citigroup Incorporated reported 987,045 shares stake.

Since February 16, 2018, it had 2 insider buys, and 3 insider sales for $1.03 billion activity. BUNCH CHARLES E had bought 2,000 shares worth $87,800. $793.31 million worth of stock was sold by MAY PETER W on Tuesday, March 6. On Thursday, February 22 Weber Hubert sold $478,668 worth of Mondelez International, Inc. (NASDAQ:MDLZ) or 10,931 shares.

Lindsell Train Ltd increased its stake in Mondelez International Inc (MDLZ) by 6.22% based on its latest 2018Q1 regulatory filing with the SEC. Lindsell Train Ltd bought 1.37 million shares as the company’s stock declined 11.59% with the market. The institutional investor held 23.47M shares of the consumer non-durables company at the end of 2018Q1, valued at $979.46M, up from 22.10M at the end of the previous reported quarter. Lindsell Train Ltd who had been investing in Mondelez International Inc for a number of months, seems to be bullish on the $59.59B market cap company. The stock decreased 0.09% or $0.035 during the last trading session, reaching $40.395. About 4.50 million shares traded. Mondelez International, Inc. (NASDAQ:MDLZ) has declined 14.94% since June 13, 2017 and is downtrending. It has underperformed by 27.51% the S&P500.

Lindsell Train Ltd, which manages about $6.07 billion and $3.78 billion US Long portfolio, decreased its stake in Kraft Heinz Company by 183,000 shares to 78,000 shares, valued at $4.86 million in 2018Q1, according to the filing.

More important recent Mondelez International, Inc. (NASDAQ:MDLZ) news were published by: Nasdaq.com which released: “Mondelez International to Present at the Deutsche Bank Global Consumer Conference” on June 07, 2018, also Globenewswire.com published article titled: “MondelÄ“z International Completes Acquisition of Tate’s Bake Shop”, Themiddlemarket.com published: “M&A daily wrap: MondelÄ“z International, Tate’s Bake Shop, the Riverside Co., Rising Stars of Private Equity” on June 08, 2018. More interesting news about Mondelez International, Inc. (NASDAQ:MDLZ) was released by: Globenewswire.com and their article: “MondelÄ“z International to Present at the Bernstein Strategic Decisions Conference” with publication date: May 24, 2018.

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

Among 9 analysts covering Mondelez International (NASDAQ:MDLZ), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. Mondelez International had 12 analyst reports since January 18, 2018 according to SRatingsIntel. Bank of America maintained Mondelez International, Inc. (NASDAQ:MDLZ) rating on Thursday, February 1. Bank of America has “Buy” rating and $56 target. The firm has “Buy” rating by Credit Suisse given on Monday, April 16. The company was maintained on Wednesday, May 2 by Stifel Nicolaus. The firm has “Buy” rating by Societe Generale given on Friday, February 2. As per Wednesday, January 31, the company rating was maintained by Piper Jaffray. The stock of Mondelez International, Inc. (NASDAQ:MDLZ) earned “Overweight” rating by Morgan Stanley on Wednesday, May 2. The firm has “Buy” rating given on Thursday, February 1 by BMO Capital Markets. The firm earned “Buy” rating on Tuesday, April 24 by RBC Capital Markets. On Thursday, February 1 the stock rating was maintained by Morgan Stanley with “Overweight”. As per Thursday, January 18, the company rating was maintained by Piper Jaffray.

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

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