As Mondelez Inter (MDLZ) Market Valuation Declined, Rbo & Co Has Decreased Its Stake by $406,720; Somerset Group Decreased Holding in Palo Alto Networks (PANW) by $697,574

June 16, 2018 - By Adrian Erickson

Palo Alto Networks, Inc. (NYSE:PANW) Logo

Somerset Group Llc decreased its stake in Palo Alto Networks Inc (PANW) by 32.63% based on its latest 2018Q1 regulatory filing with the SEC. Somerset Group Llc sold 3,854 shares as the company’s stock rose 23.61% while stock markets declined. The institutional investor held 7,958 shares of the technology company at the end of 2018Q1, valued at $1.45 million, down from 11,812 at the end of the previous reported quarter. Somerset Group Llc who had been investing in Palo Alto Networks Inc for a number of months, seems to be less bullish one the $19.93B market cap company. The stock decreased 0.45% or $0.96 during the last trading session, reaching $214.6. About 2.19 million shares traded or 52.84% up from the average. Palo Alto Networks, Inc. (NYSE:PANW) has risen 77.91% since June 16, 2017 and is uptrending. It has outperformed by 65.34% the S&P500. Some Historical PANW News: 20/04/2018 – S&PGR Ups Rtg To ‘A-‘ Fm ‘BBB’ On Palo Alto, CA Sp Tx Rev Bnds; 03/04/2018 – AZ Game & Fish: Palo Verde Boat Launch at Canyon Lake to temporarily close April 9-19 for facility improvements; 15/03/2018 – Uber in talks with Toyota to sell self-driving tech; 10/05/2018 – Moody’s rates SonicWALL B3; 09/04/2018 – PINNACLE WEST’S PALO VERDE 3 REACTOR IN ARIZ. CUT TO 0%: NRC; 23/05/2018 – UKRAINE STATE SECURITY SERVICE SAYS THE POSSIBLE CYBER ATTACK APPEARS TO BE FOCUSED ON UKRAINE; 04/05/2018 – The Famous Soccer Player Hiding Out in a Bakery in Palo Alto; 20/03/2018 – PALO ALTO NETWORKS ANNOUNCES ADVANCEMENTS TO ITS TRAPS ADVANCED ENDPOINT PROTECTION OFFERING; 26/03/2018 – PALO ALTO NETWORKS CLOSES PURCHASE OF EVIDENT.IO; 05/04/2018 – Cohesity Hires Enterprise Technology Veteran Matt McSweeney as Vice President of Sales, Americas

Rbo & Co Llc decreased its stake in Mondelez Inter (MDLZ) by 3.44% based on its latest 2018Q1 regulatory filing with the SEC. Rbo & Co Llc sold 9,920 shares as the company’s stock declined 11.59% with the market. The institutional investor held 278,389 shares of the consumer non-durables company at the end of 2018Q1, valued at $11.62 million, down from 288,309 at the end of the previous reported quarter. Rbo & Co Llc who had been investing in Mondelez Inter for a number of months, seems to be less bullish one the $60.21 billion market cap company. The stock increased 1.04% or $0.42 during the last trading session, reaching $40.82. About 9.60M shares traded or 8.66% up from the average. Mondelez International, Inc. (NASDAQ:MDLZ) has declined 14.94% since June 16, 2017 and is downtrending. It has underperformed by 27.51% the S&P500. Some Historical MDLZ News: 01/05/2018 – Mondelez Backs 2018 Organic Net Rev Growth of 1% to 2%; 07/05/2018 – MONDELEZ – 2048 NOTES TO MATURE ON MAY 7, 2048; 01/05/2018 – MONDELEZ CALL ENDS; 24/04/2018 – Milka Chocolate Joins Cocoa Life Sustainable Sourcing Program; 05/04/2018 – Mondelez International CDS Tightens 8 Bps, Most in 19 Months; 29/03/2018 – MONDELEZ NAMES MARTIN RENAUD AS GLOBAL CHIEF MARKETING OFFICER; 02/04/2018 – Mondelez Offers to Buy for Cash Up to $1B Aggregate Principal Amount in Debt Securities; 16/04/2018 – MONDELEZ SAYS $241M 6.5% NOTES DUE 2040 TENDERED; 29/03/2018 – Mondelēz International Appoints Martin Renaud as Global Chief Marketing Officer; 01/05/2018 – Mondelez bags sales, profit beat

More important recent Mondelez International, Inc. (NASDAQ:MDLZ) news were published by: Globenewswire.com which released: “MondelÄ“z International Completes Acquisition of Tate’s Bake Shop” on June 07, 2018, also Globenewswire.com published article titled: “MondelÄ“z International to Present at the Bernstein Strategic Decisions Conference”, Seekingalpha.com published: “Many Large US Firms Sell, Hire And Invest More Overseas Than In US And They Have To Think Globally, Not …” on June 14, 2018. More interesting news about Mondelez International, Inc. (NASDAQ:MDLZ) was released by: Nasdaq.com and their article: “Mondelez International Invests $200 Million in Czech Biscuit Plant to Accelerate Growth in Europe” with publication date: June 14, 2018.

Investors sentiment increased to 1.04 in Q1 2018. Its up 0.04, from 1 in 2017Q4. It increased, 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. Moreover, Miracle Mile Ltd Liability has 0.15% invested in Mondelez International, Inc. (NASDAQ:MDLZ) for 33,594 shares. Kanawha Cap Limited Co holds 0.05% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ) for 8,170 shares. Kentucky Retirement Systems has 0.28% invested in Mondelez International, Inc. (NASDAQ:MDLZ) for 77,621 shares. Hyman Charles D holds 0.28% in Mondelez International, Inc. (NASDAQ:MDLZ) or 59,249 shares. Trexquant Inv Limited Partnership, Connecticut-based fund reported 94,944 shares. Aspen Inv Mngmt holds 0.58% or 19,398 shares. Covington Advsrs holds 66,088 shares or 0.89% of its portfolio. 72,770 are held by Northwestern Mutual Wealth. Conning, Connecticut-based fund reported 44,084 shares. Horan Cap Advsrs Ltd Liability Company holds 1.18% or 43,308 shares. Noesis Mangement reported 9,200 shares. Duff & Phelps Mgmt owns 16,197 shares or 0.01% of their US portfolio. 5,254 are held by Dynamic Advisor Solutions Ltd Liability Co. Aristotle Cap Mgmt Llc accumulated 6.37M shares. Capwealth Advsrs Limited Liability Co has invested 0.14% in Mondelez International, Inc. (NASDAQ:MDLZ).

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

Rbo & Co Llc, which manages about $284.00M and $393.66M US Long portfolio, upped its stake in Johnson&Johnson (NYSE:JNJ) by 3,459 shares to 223,002 shares, valued at $28.58 million in 2018Q1, according to the filing. It also increased its holding in Regency Centers (NYSE:REG) by 8,162 shares in the quarter, for a total of 171,441 shares, and has risen its stake in Apple Inc (NASDAQ:AAPL).

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 66 analyst reports since July 31, 2015 according to SRatingsIntel. Piper Jaffray maintained Mondelez International, Inc. (NASDAQ:MDLZ) on Monday, September 18 with “Buy” rating. The stock of Mondelez International, Inc. (NASDAQ:MDLZ) has “Buy” rating given on Tuesday, April 4 by Goldman Sachs. The company was maintained on Friday, October 13 by UBS. Societe Generale upgraded the shares of MDLZ in report on Friday, February 2 to “Buy” rating. The stock of Mondelez International, Inc. (NASDAQ:MDLZ) has “Hold” rating given on Friday, July 7 by Stifel Nicolaus. The company was maintained on Monday, October 26 by RBC Capital Markets. Susquehanna initiated the shares of MDLZ in report on Monday, October 26 with “Positive” rating. The stock of Mondelez International, Inc. (NASDAQ:MDLZ) has “Outperform” rating given on Tuesday, October 31 by Credit Suisse. On Wednesday, January 31 the stock rating was maintained by Piper Jaffray with “Buy”. The stock of Mondelez International, Inc. (NASDAQ:MDLZ) has “Outperform” rating given on Tuesday, January 19 by Credit Suisse.

Analysts await Mondelez International, Inc. (NASDAQ:MDLZ) to report earnings on August, 1. They expect $0.54 earnings per share, up 12.50% or $0.06 from last year’s $0.48 per share. MDLZ’s profit will be $796.53 million for 18.90 P/E if the $0.54 EPS becomes a reality. After $0.62 actual earnings per share reported by Mondelez International, Inc. for the previous quarter, Wall Street now forecasts -12.90% negative EPS growth.

More recent Palo Alto Networks, Inc. (NYSE:PANW) news were published by: Finance.Yahoo.com which released: “How Financially Strong Is Palo Alto Networks Inc (NYSE:PANW)?” on June 04, 2018. Also Gurufocus.com published the news titled: “Palo Alto Networks Inc (PANW) CEO Nikesh Arora Bought $13.4 million of Shares” on June 15, 2018. Seekingalpha.com‘s news article titled: “Palo Alto Networks: Acceleration Kicks In” with publication date: June 05, 2018 was also an interesting one.

Investors sentiment decreased to 1.18 in 2018 Q1. Its down 0.04, from 1.22 in 2017Q4. It turned negative, as 43 investors sold PANW shares while 172 reduced holdings. 89 funds opened positions while 165 raised stakes. 72.18 million shares or 1.82% more from 70.89 million shares in 2017Q4 were reported. Swiss Bank & Trust, a Switzerland-based fund reported 294,800 shares. Great Lakes Advsr invested in 22,499 shares or 0.1% of the stock. Klingenstein Fields Ltd Liability accumulated 175,685 shares. Paloma Ptnrs Mgmt Co accumulated 0.03% or 9,620 shares. Covington Capital Mngmt holds 0% or 200 shares in its portfolio. 75 were accumulated by Wealthcare Cap Management. Whittier Tru invested in 146 shares. Highbridge Cap Mngmt Lc holds 1,358 shares or 0% of its portfolio. Bb&T Corporation reported 4,737 shares. Neuberger Berman Gru Ltd Limited Liability Company has invested 0.02% in Palo Alto Networks, Inc. (NYSE:PANW). Columbia Asset Mngmt holds 0.06% or 1,150 shares in its portfolio. Price T Rowe Associates Md has invested 0% in Palo Alto Networks, Inc. (NYSE:PANW). St Germain D J accumulated 15,755 shares. Gilman Hill Asset Mgmt Ltd Liability Com reported 5,793 shares. 19,545 are owned by Management Limited.

Among 53 analysts covering Palo Alto Networks (NYSE:PANW), 43 have Buy rating, 2 Sell and 8 Hold. Therefore 81% are positive. Palo Alto Networks had 220 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Tuesday, February 27 by Barclays Capital. First Analysis upgraded the shares of PANW in report on Friday, September 1 to “Buy” rating. The firm earned “Buy” rating on Tuesday, November 21 by Northland Capital. On Wednesday, July 5 the stock rating was maintained by Maxim Group with “Buy”. As per Wednesday, August 31, the company rating was downgraded by Raymond James. Northland Capital initiated the stock with “Outperform” rating in Thursday, January 21 report. The stock of Palo Alto Networks, Inc. (NYSE:PANW) has “Buy” rating given on Tuesday, February 27 by Stifel Nicolaus. Evercore maintained it with “Hold” rating and $14000 target in Wednesday, May 31 report. The rating was maintained by Cowen & Co on Friday, April 20 with “Buy”. BMO Capital Markets initiated it with “Market Perform” rating and $150 target in Thursday, January 5 report.

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

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