Mondelez International Inc Unusual Bullish Options Activity Means Profits for Traders

 Mondelez International Inc Unusual Bullish Options Activity Means Profits for Traders

In today’s session Mondelez International Inc (MDLZ) registered an unusually high (509) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious MDLZ increase. With 509 contracts traded and 16934 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: MDLZ161118C00046000 closed last at: $0.69 or 4.2% down. About 1.91 million shares traded hands. Mondelez International Inc (NASDAQ:MDLZ) has risen 4.71% since March 2, 2016 and is uptrending. It has underperformed by 3.55% the S&P500.

Analysts await Mondelez International Inc (NASDAQ:MDLZ) to report earnings on October, 26. They expect $0.43 EPS, up 2.38% or $0.01 from last year’s $0.42 per share. MDLZ’s profit will be $659.45 million for 25.08 P/E if the $0.43 EPS becomes a reality. After $0.44 actual EPS reported by Mondelez International Inc for the previous quarter, Wall Street now forecasts -2.27% negative EPS growth.

Mondelez International Inc (NASDAQ:MDLZ) Ratings Coverage

Out of 16 analysts covering Mondelez International Inc (NASDAQ:MDLZ), 11 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 69% are positive. Mondelez International Inc has been the topic of 29 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The company was maintained on Friday, July 31 by RBC Capital Markets. The stock of Mondelez International Inc (NASDAQ:MDLZ) earned “Outperform” rating by RBC Capital Markets on Thursday, February 4. The firm has “Outperform” rating given on Monday, October 26 by RBC Capital Markets. The firm has “Buy” rating by UBS given on Wednesday, February 24. The firm earned “Buy” rating on Friday, July 31 by Deutsche Bank. Susquehanna initiated Mondelez International Inc (NASDAQ:MDLZ) rating on Monday, October 26. Susquehanna has “Positive” rating and $60 price target. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, April 28 report. The firm has “Outperform” rating by CLSA given on Thursday, August 6. The firm has “Buy” rating by Canaccord Genuity given on Thursday, February 4. The stock has “Outperform” rating given by Credit Agricole on Thursday, August 6.

According to Zacks Investment Research, “Mondelez International, Inc. is a food and beverage company. The Company manufactures and markets packaged food products, including snacks, beverages, cheese, convenient meals and various packaged grocery products. Its brands include Oreo, Nabisco and LU biscuits; Milka and Cadbury chocolates; Trident gum; Jacobs and Maxwell House coffees; Philadelphia cream cheeses; Kraft cheeses, dinners and dressings; Oscar Mayer meats, and Tang powdered beverage. Its brands span various consumer sectors: Biscuits, Confectionery, Beverages, Cheese, Grocery and Convenient Meals. Mondelez International, Inc., formerly known as Kraft Foods Inc., is based in Deerfield, IL.”

Insitutional Activity: The institutional sentiment decreased to 0.89 in Q2 2016. Its down 0.11, from 1 in 2016Q1. The ratio turned negative, as 61 funds sold all Mondelez International Inc shares owned while 432 reduced positions. 88 funds bought stakes while 349 increased positions. They now own 1.15 billion shares or 2.26% less from 1.18 billion shares in 2016Q1.
Lowe Brockenbrough & holds 0.88% of its portfolio in Mondelez International Inc (NASDAQ:MDLZ) for 111,023 shares. Force Cap last reported 0.62% of its portfolio in the stock. Livforsakringsbolaget Skandia Omsesidigt holds 0.28% of its portfolio in Mondelez International Inc (NASDAQ:MDLZ) for 138,670 shares. Stack Fin has 2.07% invested in the company for 358,150 shares. Meridian Investment Counsel Incorporated holds 0.29% of its portfolio in Mondelez International Inc (NASDAQ:MDLZ) for 9,254 shares. Advisory Service Ntwk Ltd Limited Liability Company has 10,969 shares for 0.11% of their US portfolio. Mcf Advsr Ltd accumulated 1,239 shares or 0.01% of the stock. Horizon Kinetics Limited Liability Company holds 36,799 shares or 0.04% of its portfolio. Tudor Et Al has 412,763 shares for 0.4% of their US portfolio. Next Financial Grp Incorporated holds 0.29% or 19,960 shares in its portfolio. Peoples Financial Svcs Corporation holds 0.59% of its portfolio in Mondelez International Inc (NASDAQ:MDLZ) for 20,990 shares. Nbt Comml Bank N A Ny has 0.27% invested in the company for 34,227 shares. Davidson Garrard Inc owns 60,237 shares or 0.68% of their US portfolio. Pinnacle accumulated 0.33% or 340,861 shares. Btc Management Inc last reported 71,001 shares in the company.

Mondelez International, Inc. is a snack company. The company has a market cap of $66.16 billion. The Firm makes and markets snack food and beverage products for clients in approximately 165 countries around the world. It has a 9.28 P/E ratio. The Firm operates through five divisions: Latin America; Asia Pacific; Eastern Europe, Middle East, and Africa ; Europe, and North America.

MDLZ Company Profile

Mondelez International, Inc., incorporated on January 10, 2005, is a snack company. The Firm makes and markets snack food and beverage products for clients in approximately 165 countries around the world. The Firm operates through five divisions: Latin America; Asia Pacific; Eastern Europe, Middle East, and Africa (EEMEA); Europe, and North America. The Company’s portfolio includes over seven brands, including Nabisco, Oreo and LU biscuits; Cadbury, Cadbury Dairy Milk and Milka chocolates, and Trident gum, as well as over 50 brands. The Company’s brands span five product categories: biscuits (including cookies, crackers and salted snacks); chocolate; gum and candy; beverages (including coffee and powdered beverages), and cheese and grocery. The Company’s other brands include Oreo, Chips Ahoy!, Ritz, TUC/Club Social and belVita biscuits; Cadbury Dairy Milk, Milka and Lacta chocolate; Trident gum; Hall’s candy, and Tang powdered beverages.

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