Denali Advisors Increased Stake in Dolby Laboratories (DLB) by $939,400 as Share Price Rose; As Mondelez Intl Cl A (MDLZ) Market Value Declined, Schmidt P J Investment Management Has Raised Holding by $378,840

April 13, 2018 - By Marguerite Chambers

Mondelez International, Inc. (NASDAQ:MDLZ) Logo

Schmidt P J Investment Management Inc increased its stake in Mondelez Intl Inc Cl A (MDLZ) by 67.74% based on its latest 2017Q4 regulatory filing with the SEC. Schmidt P J Investment Management Inc bought 9,020 shares as the company’s stock declined 5.65% with the market. The institutional investor held 22,336 shares of the consumer non-durables company at the end of 2017Q4, valued at $956,000, up from 13,316 at the end of the previous reported quarter. Schmidt P J Investment Management Inc who had been investing in Mondelez Intl Inc Cl A for a number of months, seems to be bullish on the $62.49B market cap company. The stock increased 0.24% or $0.1 during the last trading session, reaching $42.13. About 2.44M shares traded. Mondelez International, Inc. (NASDAQ:MDLZ) has declined 6.02% since April 13, 2017 and is downtrending. It has underperformed by 17.57% the S&P500.

Denali Advisors Llc increased its stake in Dolby Laboratories Inc. (DLB) by 61.11% based on its latest 2017Q4 regulatory filing with the SEC. Denali Advisors Llc bought 15,400 shares as the company’s stock rose 2.14% while stock markets declined. The institutional investor held 40,600 shares of the multi-sector company at the end of 2017Q4, valued at $2.52 million, up from 25,200 at the end of the previous reported quarter. Denali Advisors Llc who had been investing in Dolby Laboratories Inc. for a number of months, seems to be bullish on the $6.98 billion market cap company. The stock increased 0.51% or $0.34 during the last trading session, reaching $67.46. About 69,483 shares traded. Dolby Laboratories, Inc. (NYSE:DLB) has risen 24.18% since April 13, 2017 and is uptrending. It has outperformed by 12.63% the S&P500.

Since February 16, 2018, it had 2 buys, and 3 sales for $1.03 billion activity. MAY PETER W bought $45.54M worth of stock or 1.03 million shares. 2,000 Mondelez International, Inc. (NASDAQ:MDLZ) shares with value of $87,800 were bought by BUNCH CHARLES E. Shares for $284.87M were sold by PELTZ NELSON on Tuesday, February 27.

Schmidt P J Investment Management Inc, which manages about $434.11 million and $353.43M US Long portfolio, decreased its stake in Schlumberger Ltd (NYSE:SLB) by 6,202 shares to 43,961 shares, valued at $2.96M in 2017Q4, according to the filing. It also reduced its holding in Abbvie Inc (NYSE:ABBV) by 9,133 shares in the quarter, leaving it with 76,866 shares, and cut its stake in Verizon Communications Inc (NYSE:VZ).

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. As per Tuesday, January 19, the company rating was maintained by Credit Suisse. The rating was maintained by RBC Capital Markets on Friday, July 31 with “Outperform”. RBC Capital Markets maintained it with “Outperform” rating and $52 target in Thursday, April 28 report. The stock of Mondelez International, Inc. (NASDAQ:MDLZ) has “Overweight” rating given on Wednesday, November 1 by JP Morgan. BMO Capital Markets maintained Mondelez International, Inc. (NASDAQ:MDLZ) rating on Wednesday, September 6. BMO Capital Markets has “Buy” rating and $48.0 target. The stock of Mondelez International, Inc. (NASDAQ:MDLZ) earned “Hold” rating by Stifel Nicolaus on Monday, October 23. The company was initiated on Monday, October 19 by Buckingham Research. The firm has “Hold” rating given on Tuesday, August 8 by Stifel Nicolaus. The rating was downgraded by CLSA to “Outperform” on Thursday, August 6. The firm earned “Buy” rating on Thursday, July 6 by RBC Capital Markets.

Investors sentiment increased to 1 in Q4 2017. Its up 0.16, from 0.84 in 2017Q3. It improved, as 56 investors sold MDLZ 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. Hl Fincl Svcs Ltd Liability Co holds 135,399 shares. Davidson Kempner Cap Limited Partnership reported 412,500 shares. 19,629 are owned by Nuwave Lc. New York-based Arrow Fincl Corp has invested 0.01% in Mondelez International, Inc. (NASDAQ:MDLZ). Panagora Asset Management has 724,572 shares for 0.12% of their portfolio. Tanaka has 0.06% invested in Mondelez International, Inc. (NASDAQ:MDLZ) for 596 shares. Parkside National Bank & Trust & holds 4,389 shares or 0.07% of its portfolio. Aspen Inv Mgmt owns 19,658 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt Systems accumulated 133,670 shares. Bragg Financial Incorporated invested in 17,914 shares. Sva Plumb Wealth Mngmt Lc accumulated 64,697 shares. Weik Capital Mngmt invested 0.55% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ). Acg Wealth accumulated 0.09% or 14,380 shares. National Asset Inc invested in 0.03% or 5,423 shares. Amp Capital Ltd holds 612,780 shares.

Since October 18, 2017, it had 0 buys, and 20 sales for $32.33 million activity. The insider GOTCHER PETER C sold 18,544 shares worth $1.20M. 2,617 shares valued at $162,344 were sold by TEVANIAN AVADIS on Tuesday, February 6. Shares for $2.86M were sold by JASPER N WILLIAM JR on Monday, January 29. YEAMAN KEVIN J had sold 17,590 shares worth $1.10 million on Friday, December 15. Baker Giles also sold $2.30M worth of Dolby Laboratories, Inc. (NYSE:DLB) on Tuesday, February 27. CHEW LEWIS sold $1.07 million worth of stock.

Investors sentiment increased to 1.36 in 2017 Q4. Its up 0.32, from 1.04 in 2017Q3. It increased, as 23 investors sold DLB shares while 68 reduced holdings. 50 funds opened positions while 74 raised stakes. 53.15 million shares or 1.00% more from 52.63 million shares in 2017Q3 were reported. Comerica Savings Bank invested in 8,760 shares. California Public Employees Retirement Sys holds 197,153 shares. Lpl Limited Liability Com accumulated 25,405 shares. Eqis Cap Mgmt invested 0.02% of its portfolio in Dolby Laboratories, Inc. (NYSE:DLB). Riverhead Capital Mngmt Ltd Liability Corp invested in 0% or 1,200 shares. The Pennsylvania-based Glenmede Tru Co Na has invested 0% in Dolby Laboratories, Inc. (NYSE:DLB). Manufacturers Life Insurance The has 0% invested in Dolby Laboratories, Inc. (NYSE:DLB). State Of Wisconsin Board holds 11,293 shares. Denver Invest Ltd owns 19,280 shares. 20 were accumulated by Point72 Asia (Hong Kong). Clearbridge Invs Ltd Llc holds 0.35% or 6.10M shares. Cortina Asset Management Limited Liability Co invested in 78,765 shares or 0.22% of the stock. Neuberger Berman Grp Incorporated Lc accumulated 4,422 shares. Ahl Llp reported 95,134 shares. Willis Inv Counsel stated it has 0.65% in Dolby Laboratories, Inc. (NYSE:DLB).

Denali Advisors Llc, which manages about $357.49M and $644.62 million US Long portfolio, decreased its stake in Oneok Inc. (NYSE:OKE) by 69,400 shares to 15,200 shares, valued at $812,000 in 2017Q4, according to the filing. It also reduced its holding in Dover Corp. (NYSE:DOV) by 52,500 shares in the quarter, leaving it with 20,300 shares, and cut its stake in Ggp Inc..

Among 7 analysts covering Dolby Laboratories (NYSE:DLB), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Dolby Laboratories had 19 analyst reports since October 22, 2015 according to SRatingsIntel. The firm has “Buy” rating by Dougherty given on Tuesday, April 3. The rating was maintained by Piper Jaffray on Monday, January 22 with “Hold”. As per Friday, April 8, the company rating was downgraded by JP Morgan. The stock of Dolby Laboratories, Inc. (NYSE:DLB) earned “Buy” rating by B. Riley & Co on Wednesday, July 26. Dougherty & Company maintained Dolby Laboratories, Inc. (NYSE:DLB) rating on Thursday, April 28. Dougherty & Company has “Buy” rating and $54 target. The stock of Dolby Laboratories, Inc. (NYSE:DLB) earned “Buy” rating by Dougherty on Wednesday, September 13. The firm has “Neutral” rating given on Thursday, October 22 by B. Riley & Co. B. Riley & Co downgraded Dolby Laboratories, Inc. (NYSE:DLB) on Tuesday, January 16 to “Neutral” rating. Dougherty & Company upgraded Dolby Laboratories, Inc. (NYSE:DLB) on Thursday, January 28 to “Buy” rating. The rating was downgraded by FBR Capital to “Hold” on Thursday, January 25.

Dolby Laboratories, Inc. (NYSE:DLB) Institutional Positions Chart

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