Mondelez International, Inc. (MDLZ) Reaches $39.73 After 4.00% Down Move; Cibc World Markets Raised Travelers Companies Com (TRV) Holding

April 24, 2018 - By Nellie Frank

The Travelers Companies, Inc. (NYSE:TRV) Logo

The stock of Mondelez International, Inc. (NASDAQ:MDLZ) is a huge mover today! The stock decreased 1.54% or $0.62 during the last trading session, reaching $39.73. About 2.76 million shares traded. Mondelez International, Inc. (NASDAQ:MDLZ) has declined 6.02% since April 24, 2017 and is downtrending. It has underperformed by 17.57% the S&P500.The move comes after 6 months negative chart setup for the $58.93 billion company. It was reported on Apr, 24 by Barchart.com. We have $38.14 PT which if reached, will make NASDAQ:MDLZ worth $2.36 billion less.

Cibc World Markets Corp increased Travelers Companies Inc Com (TRV) stake by 18.78% reported in 2017Q4 SEC filing. Cibc World Markets Corp acquired 55,037 shares as Travelers Companies Inc Com (TRV)’s stock rose 1.76%. The Cibc World Markets Corp holds 348,144 shares with $47.22 million value, up from 293,107 last quarter. Travelers Companies Inc Com now has $35.98B valuation. The stock decreased 2.97% or $4.08 during the last trading session, reaching $133.15. About 1.32M shares traded. The Travelers Companies, Inc. (NYSE:TRV) has risen 13.01% since April 24, 2017 and is uptrending. It has outperformed by 1.46% the S&P500.

Among 17 analysts covering Travelers (NYSE:TRV), 6 have Buy rating, 2 Sell and 9 Hold. Therefore 35% are positive. Travelers had 56 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, June 26 by RBC Capital Markets. The stock of The Travelers Companies, Inc. (NYSE:TRV) earned “Hold” rating by Wood on Friday, May 26. RBC Capital Markets maintained it with “Buy” rating and $135.0 target in Monday, August 21 report. The company was maintained on Tuesday, February 20 by Barclays Capital. The rating was upgraded by BMO Capital Markets on Monday, December 12 to “Outperform”. On Monday, February 13 the stock rating was downgraded by FBR Capital to “Mkt Perform”. Keefe Bruyette & Woods upgraded the shares of TRV in report on Monday, October 16 to “Buy” rating. The rating was maintained by UBS on Wednesday, January 27 with “Neutral”. Keefe Bruyette & Woods maintained it with “Buy” rating and $163.0 target in Tuesday, January 23 report. The stock of The Travelers Companies, Inc. (NYSE:TRV) has “Sell” rating given on Tuesday, January 10 by Goldman Sachs.

Cibc World Markets Corp decreased Merck & Co Inc New (NYSE:MRK) stake by 686,189 shares to 1.15 million valued at $64.79 million in 2017Q4. It also reduced Humana Inc (NYSE:HUM) stake by 60,437 shares and now owns 77,958 shares. United States Oil Fund Lp (Put) was reduced too.

Mondelez International, Inc., through its subsidiaries, makes and markets snack food and beverage products worldwide. The company has market cap of $58.93 billion. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; gums and candies; coffee and powdered beverages; and cheese and grocery products. It has a 20.8 P/E ratio. The company's primary snack brand portfolio includes Nabisco, Oreo, LU, and belVita biscuits; Cadbury, Milka, Cadbury Dairy Milk, and Toblerone chocolates; Trident gums; Halls candies; and Tang powdered beverages.

Among 23 analysts covering Mondelez International Inc (NASDAQ:MDLZ), 18 have Buy rating, 1 Sell and 4 Hold. Therefore 78% are positive. Mondelez International Inc had 62 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was reinitiated by Deutsche Bank on Thursday, November 10 with “Hold”. Piper Jaffray maintained it with “Buy” rating and $52.0 target in Wednesday, January 31 report. UBS initiated Mondelez International, Inc. (NASDAQ:MDLZ) rating on Wednesday, February 24. UBS has “Buy” rating and $47 target. On Friday, July 31 the stock rating was maintained by RBC Capital Markets with “Outperform”. The firm has “Buy” rating by Societe Generale given on Friday, February 2. The firm earned “Buy” rating on Thursday, January 18 by Piper Jaffray. The stock has “Overweight” rating by Morgan Stanley on Thursday, February 1. The stock of Mondelez International, Inc. (NASDAQ:MDLZ) earned “Buy” rating by Credit Suisse on Monday, April 16. The rating was maintained by RBC Capital Markets on Thursday, July 6 with “Buy”. The stock of Mondelez International, Inc. (NASDAQ:MDLZ) earned “Buy” rating by Deutsche Bank on Friday, July 31.

Investors sentiment increased to 1 in 2017 Q4. Its up 0.16, from 0.84 in 2017Q3. It increased, as 56 investors sold Mondelez International, Inc. 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. Kings Point Cap Management accumulated 29,859 shares or 0.27% of the stock. Cambridge Tru owns 10,459 shares. Capital Incorporated Ca invested in 50,600 shares or 0.32% of the stock. Calamos Wealth Mngmt Limited Liability reported 23,898 shares. Bp Public Ltd Com accumulated 170,000 shares. Ohio-based Boyd Watterson Asset Mgmt Lc Oh has invested 0.64% in Mondelez International, Inc. (NASDAQ:MDLZ). The Maryland-based Chevy Chase Trust Hldgs has invested 0.24% in Mondelez International, Inc. (NASDAQ:MDLZ). Orrstown Svcs Inc accumulated 0.05% or 1,033 shares. First Interstate Natl Bank holds 160,266 shares or 1.46% of its portfolio. 115,278 were reported by Haverford Serv Incorporated. First Trust Advsr Ltd Partnership stated it has 746,497 shares or 0.08% of all its holdings. Independent Investors reported 5,500 shares. Rafferty Asset Mgmt Limited Liability Company holds 0.04% or 52,424 shares. Winslow Asset Mgmt Inc, a Ohio-based fund reported 5,696 shares. Geode Capital Management Ltd Liability invested 0.23% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ).

Since February 16, 2018, it had 2 buys, and 3 sales for $1.03 billion activity. $793.31M worth of stock was sold by MAY PETER W on Tuesday, March 6. The insider PELTZ NELSON sold $284.87M. Weber Hubert sold $478,668 worth of stock or 10,931 shares. $87,800 worth of Mondelez International, Inc. (NASDAQ:MDLZ) was bought by BUNCH CHARLES E.

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

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