Sunday, 31 December 2017

Mondelez Intl (MDLZ) Stock Price Rose While Grantham Mayo Van Otterloo & Co Lowered Its Stake by $4.49 Million; Taurus Asset Management Increased Nike (NKE) Stake by $1.70 Million

Taurus Asset Management Llc increased its stake in Nike Inc (NKE) by 11.68% based on its latest 2017Q3 regulatory filing with the SEC. Taurus Asset Management Llc bought 33,405 shares as the company’s stock declined 8.78% while stock markets rallied. The institutional investor held 319,482 shares of the consumer non-durables company at the end of 2017Q3, valued at $16.57 million, up from 286,077 at the end of the previous reported quarter. Taurus Asset Management Llc who had been investing in Nike Inc for a number of months, seems to be bullish on the $102.05B market cap company. The stock decreased 0.64% or $0.4 during the last trading session, reaching $62.55. About 5.22M shares traded. NIKE, Inc. (NYSE:NKE) has declined 9.24% since December 30, 2016 and is downtrending. It has underperformed by 25.94% the S&P500.

Grantham Mayo Van Otterloo & Co Llc decreased its stake in Mondelez Intl Inc (MDLZ) by 27.4% based on its latest 2017Q3 regulatory filing with the SEC. Grantham Mayo Van Otterloo & Co Llc sold 112,337 shares as the company’s stock rose 7.60% with the market. The institutional investor held 297,663 shares of the consumer non-durables company at the end of 2017Q3, valued at $12.10M, down from 410,000 at the end of the previous reported quarter. Grantham Mayo Van Otterloo & Co Llc who had been investing in Mondelez Intl Inc for a number of months, seems to be less bullish one the $63.96 billion market cap company. The stock decreased 0.60% or $0.26 during the last trading session, reaching $42.8. About 19.61 million shares traded or 140.60% up from the average. Mondelez International, Inc. (NASDAQ:MDLZ) has risen 5.69% since December 30, 2016 and is uptrending. It has underperformed by 11.01% the S&P500.

Investors sentiment decreased to 0.84 in Q3 2017. Its down 0.15, from 0.99 in 2017Q2. It dived, as 78 investors sold MDLZ shares while 422 reduced holdings. 81 funds opened positions while 339 raised stakes. 1.08 billion shares or 2.31% less from 1.11 billion shares in 2017Q2 were reported. 1.49M were accumulated by Echo Street Capital Mngmt Ltd. Shelton Capital holds 0.42% or 134,119 shares. 11,011 were reported by Colony Grp Inc Ltd Liability. Arcadia Invest Mgmt Mi has 8,340 shares. Retail Bank Of Montreal Can reported 2.42M shares. Gateway Advisers Limited Liability Company holds 0.42% or 1.20 million shares in its portfolio. Gabelli Funds Ltd Company has 2.84M shares. Trian Fund Lp, New York-based fund reported 42.50M shares. Pinnacle Ltd reported 0.18% in Mondelez International, Inc. (NASDAQ:MDLZ). Btr Capital invested 0.05% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ). Citigroup Inc holds 0.03% in Mondelez International, Inc. (NASDAQ:MDLZ) or 829,103 shares. Ls Advsr Limited Liability holds 0.14% or 57,466 shares in its portfolio. Glg Ltd Liability Co has invested 0.21% in Mondelez International, Inc. (NASDAQ:MDLZ). Cadence Cap Ltd Company has invested 0.41% in Mondelez International, Inc. (NASDAQ:MDLZ). Tower Bridge invested in 10,642 shares.

Since August 8, 2017, it had 0 insider purchases, and 2 insider sales for $559,992 activity. Another trade for 7,000 shares valued at $286,580 was sold by Myers Daniel P..

Analysts await Mondelez International, Inc. (NASDAQ:MDLZ) to report earnings on February, 6. They expect $0.56 earnings per share, up 19.15% or $0.09 from last year’s $0.47 per share. MDLZ’s profit will be $836.86 million for 19.11 P/E if the $0.56 EPS becomes a reality. After $0.57 actual earnings per share reported by Mondelez International, Inc. for the previous quarter, Wall Street now forecasts -1.75% negative EPS growth.

Among 21 analysts covering Mondelez International Inc (NASDAQ:MDLZ), 16 have Buy rating, 1 Sell and 4 Hold. Therefore 76% are positive. Mondelez International Inc had 54 analyst reports since July 31, 2015 according to SRatingsIntel. The company was maintained on Friday, July 31 by Deutsche Bank. The firm earned “Neutral” rating on Wednesday, February 8 by Susquehanna. The firm has “Overweight” rating given on Tuesday, July 25 by PiperJaffray. The rating was initiated by Berenberg with “Buy” on Thursday, January 5. UBS maintained it with “Buy” rating and $49.0 target in Friday, October 13 report. On Tuesday, August 8 the stock rating was maintained by Stifel Nicolaus with “Hold”. The company was downgraded on Thursday, August 6 by CLSA. The rating was maintained by Credit Suisse with “Outperform” on Tuesday, January 19. The stock of Mondelez International, Inc. (NASDAQ:MDLZ) has “Hold” rating given on Monday, October 23 by Stifel Nicolaus. JP Morgan maintained the stock with “Overweight” rating in Tuesday, September 6 report.

Grantham Mayo Van Otterloo & Co Llc, which manages about $17.10 billion US Long portfolio, upped its stake in Trinseo S A (NYSE:TSE) by 39,300 shares to 43,900 shares, valued at $2.95M in 2017Q3, according to the filing. It also increased its holding in Baxter Intl Inc (NYSE:BAX) by 247,900 shares in the quarter, for a total of 350,900 shares, and has risen its stake in Choice Hotels Intl Inc (NYSE:CHH).

Among 44 analysts covering Nike Inc. (NYSE:NKE), 23 have Buy rating, 2 Sell and 19 Hold. Therefore 52% are positive. Nike Inc. had 213 analyst reports since July 29, 2015 according to SRatingsIntel. Stifel Nicolaus maintained NIKE, Inc. (NYSE:NKE) rating on Friday, July 21. Stifel Nicolaus has “Buy” rating and $6600 target. The firm has “Hold” rating by J.P. Morgan given on Friday, June 16. The firm earned “Neutral” rating on Friday, August 26 by B. Riley & Co. The rating was maintained by Stifel Nicolaus on Wednesday, September 27 with “Buy”. S&P Research maintained the shares of NKE in report on Monday, September 28 with “Buy” rating. As per Thursday, December 14, the company rating was maintained by Stifel Nicolaus. The firm earned “Overweight” rating on Thursday, March 23 by Barclays Capital. The stock of NIKE, Inc. (NYSE:NKE) earned “Hold” rating by Piper Jaffray on Friday, July 21. The stock of NIKE, Inc. (NYSE:NKE) earned “Neutral” rating by B.riley on Monday, September 26. Susquehanna initiated NIKE, Inc. (NYSE:NKE) on Tuesday, October 11 with “Positive” rating.

Investors sentiment decreased to 0.8 in 2017 Q3. Its down 0.20, from 1 in 2017Q2. It fall, as 87 investors sold NKE shares while 457 reduced holdings. 78 funds opened positions while 358 raised stakes. 985.62 million shares or 0.88% less from 994.42 million shares in 2017Q2 were reported. Clean Yield Grp reported 4,425 shares or 0.09% of all its holdings. Cypress Asset Mgmt Tx has invested 0.45% in NIKE, Inc. (NYSE:NKE). Generation Inv Ltd Liability Partnership invested in 4.96 million shares. Ruggie Cap invested in 572 shares. Keybank Natl Association Oh holds 733,813 shares or 0.23% of its portfolio. Rathbone Brothers Plc stated it has 0.41% of its portfolio in NIKE, Inc. (NYSE:NKE). Thompson Siegel & Walmsley Limited Com invested in 0% or 5,228 shares. Gateway Inv Advisers Ltd Limited Liability Company, a Ohio-based fund reported 98,767 shares. Moore Mgmt Limited Partnership holds 0.03% or 25,000 shares in its portfolio. Nebraska-based Bridges Investment Inc has invested 0.19% in NIKE, Inc. (NYSE:NKE). Glovista Investments Lc owns 5,348 shares. Court Place Advsrs Ltd has 0.3% invested in NIKE, Inc. (NYSE:NKE). Alpha Windward Ltd has invested 0.12% in NIKE, Inc. (NYSE:NKE). Eagle Ridge Invest Mgmt owns 131,377 shares or 1.13% of their US portfolio. Kayne Anderson Rudnick Limited Company invested in 0.2% or 436,034 shares.

Since September 14, 2017, it had 0 insider purchases, and 4 sales for $10.90 million activity. On Friday, December 15 the insider PARKER MARK G sold $8.78 million. 10,000 shares were sold by Matheson Monique S., worth $620,000 on Monday, December 11.

The post Mondelez Intl (MDLZ) Stock Price Rose While Grantham Mayo Van Otterloo & Co Lowered Its Stake by $4.49 Million; Taurus Asset Management Increased Nike (NKE) Stake by $1.70 Million appeared first on Stock Market News | HillCountryTimes | Get it Today.



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