Tekne Capital Management Position in Stamps Com (STMP) Lowered by $8.24 Million; Mondelez Intl (MDLZ) Shareholder Hightower Advisors Has Lowered Its Holding

February 25, 2018 - By Winifred Garcia

Hightower Advisors Llc decreased its stake in Mondelez Intl Inc (MDLZ) by 2.96% based on its latest 2017Q3 regulatory filing with the SEC. Hightower Advisors Llc sold 15,599 shares as the company’s stock rose 7.60% with the market. The institutional investor held 511,550 shares of the consumer non-durables company at the end of 2017Q3, valued at $20.78 million, down from 527,149 at the end of the previous reported quarter. Hightower Advisors Llc who had been investing in Mondelez Intl Inc for a number of months, seems to be less bullish one the $65.07 billion market cap company. The stock increased 0.55% or $0.24 during the last trading session, reaching $43.75. About 8.86M shares traded. Mondelez International, Inc. (NASDAQ:MDLZ) has risen 5.69% since February 25, 2017 and is uptrending. It has underperformed by 11.01% the S&P500.

Beeneet Kothari decreased its stake in Stamps Com Inc (STMP) by 20.12% based on its latest 2017Q3 regulatory filing with the SEC. Tekne Capital Management Llc sold 40,811 shares as the company’s stock declined 8.10% while stock markets rallied. The hedge fund run by Beeneet Kothari held 162,064 shares of the business services company at the end of 2017Q3, valued at $32.84 million, down from 202,875 at the end of the previous reported quarter. Tekne Capital Management Llc who had been investing in Stamps Com Inc for a number of months, seems to be less bullish one the $3.51B market cap company. The stock decreased 2.12% or $4.35 during the last trading session, reaching $200.95. About 675,211 shares traded or 72.19% up from the average. Stamps.com Inc. (NASDAQ:STMP) has risen 54.88% since February 25, 2017 and is uptrending. It has outperformed by 38.18% the S&P500.

Analysts await Mondelez International, Inc. (NASDAQ:MDLZ) to report earnings on May, 1. They expect $0.61 EPS, up 15.09% or $0.08 from last year’s $0.53 per share. MDLZ’s profit will be $907.28M for 17.93 P/E if the $0.61 EPS becomes a reality. After $0.57 actual EPS reported by Mondelez International, Inc. for the previous quarter, Wall Street now forecasts 7.02% EPS growth.

Hightower Advisors Llc, which manages about $15.08 billion and $11.72B US Long portfolio, upped its stake in Outfront Media Inc by 495,728 shares to 1.22 million shares, valued at $30.79 million in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (NYF) by 4,232 shares in the quarter, for a total of 6,356 shares, and has risen its stake in Gartner Inc (NYSE:IT).

Investors sentiment decreased to 0.84 in 2017 Q3. Its down 0.15, from 0.99 in 2017Q2. It turned negative, 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. Whitnell & reported 51,224 shares or 0.91% of all its holdings. Gp One Trading Lp invested in 765,795 shares or 0.28% of the stock. Mckinley Carter Wealth Serv, West Virginia-based fund reported 18,780 shares. Kbc Nv reported 0.39% stake. Ontario Teachers Pension Plan Board holds 0.34% or 637,209 shares in its portfolio. Guardian Trust holds 597,210 shares or 0.42% of its portfolio. Two Sigma Secs Lc accumulated 16,838 shares or 0.06% of the stock. Live Your Vision Limited Liability Com holds 414 shares. Pinebridge Invests Limited Partnership has invested 0.01% in Mondelez International, Inc. (NASDAQ:MDLZ). Cornerstone Ltd Co has 0.09% invested in Mondelez International, Inc. (NASDAQ:MDLZ) for 292,624 shares. 343,374 were accumulated by Fjarde Ap. Moreover, Bremer Association has 0.08% invested in Mondelez International, Inc. (NASDAQ:MDLZ) for 7,112 shares. 101,440 were reported by Motco. Putnam Fl Invest reported 90,201 shares stake. Horizon Kinetics Ltd Llc invested in 34,977 shares or 0.04% of the stock.

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 61 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Credit Suisse on Tuesday, October 31. The stock has “Buy” rating by BMO Capital Markets on Wednesday, August 2. The firm earned “Outperform” rating on Thursday, April 28 by RBC Capital Markets. Credit Suisse maintained Mondelez International, Inc. (NASDAQ:MDLZ) on Tuesday, January 19 with “Outperform” rating. The firm has “Buy” rating by BMO Capital Markets given on Wednesday, June 14. As per Friday, February 2, the company rating was upgraded by Societe Generale. On Friday, July 7 the stock rating was maintained by Stifel Nicolaus with “Hold”. The rating was downgraded by CLSA to “Outperform” on Thursday, August 6. Susquehanna initiated it with “Positive” rating and $60 target in Monday, October 26 report. Deutsche Bank initiated the stock with “Hold” rating in Wednesday, February 15 report.

Since September 12, 2017, it had 1 insider purchase, and 1 insider sale for $198,780 activity. Another trade for 7,000 shares valued at $286,580 was made by Myers Daniel P. on Tuesday, September 12.

Among 9 analysts covering Stamps.com (NASDAQ:STMP), 7 have Buy rating, 1 Sell and 1 Hold. Therefore 78% are positive. Stamps.com had 30 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Stamps.com Inc. (NASDAQ:STMP) earned “Neutral” rating by B Riley on Friday, August 7. The stock of Stamps.com Inc. (NASDAQ:STMP) earned “Buy” rating by Singular Research on Monday, November 9. FBR Capital maintained it with “Buy” rating and $250.0 target in Friday, February 9 report. Craig Hallum maintained it with “Buy” rating and $21000 target in Thursday, August 3 report. FBR Capital maintained the shares of STMP in report on Friday, December 1 with “Buy” rating. The firm has “Buy” rating given on Thursday, October 5 by B. Riley & Co. Sidoti downgraded the shares of STMP in report on Monday, November 9 to “Neutral” rating. Northland Capital maintained it with “Buy” rating and $200.0 target in Thursday, September 14 report. The stock of Stamps.com Inc. (NASDAQ:STMP) has “Buy” rating given on Tuesday, January 12 by Sidoti. The rating was maintained by Singular Research with “Buy” on Monday, February 27.

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