United Asset Strategies Has Upped Its Holding in Mondelez Intl (MDLZ) by $2.50 Million; Nwq Investment Management Company Has Trimmed Its State Str (STT) Position by $524,700

June 23, 2018 - By Linda Rogers

State Street Corporation (NYSE:STT) Logo

Nwq Investment Management Company Llc decreased its stake in State Str Corp (STT) by 27.89% based on its latest 2018Q1 regulatory filing with the SEC. Nwq Investment Management Company Llc sold 5,300 shares as the company’s stock declined 5.94% with the market. The institutional investor held 13,700 shares of the major banks company at the end of 2018Q1, valued at $1.37M, down from 19,000 at the end of the previous reported quarter. Nwq Investment Management Company Llc who had been investing in State Str Corp for a number of months, seems to be less bullish one the $35.86 billion market cap company. The stock decreased 0.05% or $0.05 during the last trading session, reaching $98.14. About 3.01M shares traded or 90.27% up from the average. State Street Corporation (NYSE:STT) has risen 22.32% since June 23, 2017 and is uptrending. It has outperformed by 9.75% the S&P500. Some Historical STT News: 31/05/2018 – STATE STREET GLOBAL ADVISORS CALLS FOR REVIEW OF DIRECTOR ELECTION PRACTICES IN EUROPE; 04/05/2018 – Ex-State Street employee accused by U.S. of defrauding insurer; 20/04/2018 – STATE STREET CORP – 1Q18 REVENUE OF $3.0 BLN, UP 13% COMPARED TO 1Q17; 06/03/2018 – MOVES-State Street Corp appoints new country head for China; 08/03/2018 – State Street’s Heinel Says Trade Wars Are Bad For Everyone (Video); 16/03/2018 – State Street’s Kumar wants answers on shareholder rights; 06/03/2018 – State Street Embraces New Investment Paradigm, Launches lnvestable Indices; 29/05/2018 – GlobalCapital Names State Street Global Advisors “Asset Manager of the Year”; 22/03/2018 – STATE STREET NAMES IAN APPLEYARD AS NEW GLOBAL CONTROLLER & CHI; 15/05/2018 – State Street Corp. Exits Position in McDermott

United Asset Strategies Inc increased its stake in Mondelez Intl Inc (MDLZ) by 89.41% based on its latest 2018Q1 regulatory filing with the SEC. United Asset Strategies Inc bought 60,974 shares as the company’s stock declined 11.59% with the market. The institutional investor held 129,171 shares of the consumer non-durables company at the end of 2018Q1, valued at $5.39M, up from 68,197 at the end of the previous reported quarter. United Asset Strategies Inc who had been investing in Mondelez Intl Inc for a number of months, seems to be bullish on the $60.92B market cap company. The stock increased 1.37% or $0.56 during the last trading session, reaching $41.3. About 7.96M shares traded. Mondelez International, Inc. (NASDAQ:MDLZ) has declined 14.94% since June 23, 2017 and is downtrending. It has underperformed by 27.51% the S&P500. Some Historical MDLZ News: 29/03/2018 – Neuberger Berman Focus Adds Mondelez, Exits Iqvia; 05/04/2018 – Mondelez International CDS Tightens 8 Bps, Most in 19 Months; 16/05/2018 – Mondelēz International Declares Regular Quarterly Dividend of $0.22 per Share; 05/03/2018 – S&PGR Rates Mondelez International’s Snr Unsecured Nts ‘BBB’; 01/05/2018 – Mondelez 1Q Rev $6.77B; 16/04/2018 – Mondelez Accepted for Purchase All $570M Aggregate Principal Amount of Notes Validly Tendered; 14/05/2018 – Public-Private Partnerships Are Key To Addressing Childhood Obesity; 30/04/2018 – MONDELEZ REPORTS FINAL CASH TENDER OFFER-CONSENT SOLICITATION; 06/05/2018 – MONDELEZ SAYS WILL OPERATE TATE’S AS STANDALONE BUSINESS; 15/05/2018 – Trian Cuts Mondelez, Buys More Sysco: 13F

Nwq Investment Management Company Llc, which manages about $13.77 billion and $6.19 billion US Long portfolio, upped its stake in Enterprise Prods Partners L (NYSE:EPD) by 43,081 shares to 899,607 shares, valued at $22.02M in 2018Q1, according to the filing. It also increased its holding in Gilead Sciences Inc (NASDAQ:GILD) by 113,264 shares in the quarter, for a total of 598,221 shares, and has risen its stake in Allergan Plc.

More notable recent State Street Corporation (NYSE:STT) news were published by: Seekingalpha.com which released: “State Street starts real assets fund services, hires infrastructure specialist” on June 18, 2018, also Seekingalpha.com with their article: “State Street launches new communications services sector ETF” published on June 19, 2018, Businesswire.com published: “State Street Global Advisors Launches Communication Services Select Sector SPDR” on June 19, 2018. More interesting news about State Street Corporation (NYSE:STT) were released by: Seekingalpha.com and their article: “Bank stocks likely to be more volatile on stress test results: Morgan Stanley” published on June 22, 2018 as well as Twst.com‘s news article titled: “State Street Corporation: State Street Corporation Statement on the Results of Its 2018 Annual Stress Test” with publication date: June 22, 2018.

Investors sentiment decreased to 0.87 in Q1 2018. Its down 0.09, from 0.96 in 2017Q4. It dropped, as 29 investors sold STT shares while 287 reduced holdings. 66 funds opened positions while 210 raised stakes. 310.21 million shares or 0.79% less from 312.70 million shares in 2017Q4 were reported. 6,354 are owned by Middleton Ma. Moreover, Gabelli Funds Lc has 0.41% invested in State Street Corporation (NYSE:STT) for 685,300 shares. 8,481 were reported by Wade G W &. Oak Associates Limited Oh has 196,107 shares. Hemenway Lc invested in 3,117 shares. Teachers Retirement Of The State Of Kentucky reported 206,659 shares. 8,375 are held by Trustco Comml Bank N Y. Moreover, Ascend Cap Ltd Limited Liability Company has 0.08% invested in State Street Corporation (NYSE:STT). Arvest Bankshares Trust Division owns 189,859 shares or 1.34% of their US portfolio. Teacher Retirement Systems Of Texas has invested 0.06% in State Street Corporation (NYSE:STT). Cohen Capital Management Inc holds 0.07% or 3,000 shares in its portfolio. Hotchkis & Wiley Ltd Liability owns 2.23 million shares or 0.88% of their US portfolio. Rosenbaum Jay D holds 0.81% or 4,000 shares in its portfolio. Long Road Investment Counsel Llc holds 23,101 shares or 1.61% of its portfolio. Parsons Management Ri holds 0.04% of its portfolio in State Street Corporation (NYSE:STT) for 3,199 shares.

Analysts await State Street Corporation (NYSE:STT) to report earnings on July, 25. They expect $2.02 earnings per share, up 20.96% or $0.35 from last year’s $1.67 per share. STT’s profit will be $738.12M for 12.15 P/E if the $2.02 EPS becomes a reality. After $1.62 actual earnings per share reported by State Street Corporation for the previous quarter, Wall Street now forecasts 24.69% EPS growth.

Among 19 analysts covering State Street Corporation (NYSE:STT), 10 have Buy rating, 0 Sell and 9 Hold. Therefore 53% are positive. State Street Corporation had 83 analyst reports since July 28, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Friday, May 27 by Deutsche Bank. The company was downgraded on Tuesday, April 11 by Jefferies. The stock of State Street Corporation (NYSE:STT) earned “Overweight” rating by Barclays Capital on Thursday, July 27. The stock of State Street Corporation (NYSE:STT) has “Buy” rating given on Wednesday, January 10 by Citigroup. The rating was maintained by Deutsche Bank on Friday, January 8 with “Hold”. The stock of State Street Corporation (NYSE:STT) has “Buy” rating given on Tuesday, January 2 by Barclays Capital. The firm earned “Hold” rating on Thursday, June 29 by Keefe Bruyette & Woods. The firm earned “Hold” rating on Monday, October 23 by Keefe Bruyette & Woods. The stock of State Street Corporation (NYSE:STT) has “Hold” rating given on Friday, September 9 by Deutsche Bank. The firm earned “Hold” rating on Wednesday, October 5 by Deutsche Bank.

Since February 15, 2018, it had 0 buys, and 14 insider sales for $10.45 million activity. The insider Erickson Andrew sold $23,280. $76,993 worth of State Street Corporation (NYSE:STT) was sold by Conway Jeff D on Thursday, February 15. Shares for $154,665 were sold by Schaefer Elizabeth. Grove Hannah M sold $570,732 worth of stock or 5,602 shares. Shares for $162,357 were sold by Sullivan George E on Tuesday, May 15. $2.55M worth of State Street Corporation (NYSE:STT) shares were sold by HOOLEY JOSEPH L.

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 67 analyst reports since July 31, 2015 according to SRatingsIntel. Bank of America maintained the stock with “Buy” rating in Thursday, February 1 report. The company was upgraded on Friday, February 2 by Societe Generale. The firm earned “Hold” rating on Monday, October 23 by Stifel Nicolaus. On Thursday, November 10 the stock rating was reinitiated by Deutsche Bank with “Hold”. The stock has “Buy” rating by UBS on Wednesday, February 24. 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 firm earned “Buy” rating on Wednesday, August 2 by BMO Capital Markets. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, September 18. Deutsche Bank maintained Mondelez International, Inc. (NASDAQ:MDLZ) on Friday, July 31 with “Buy” rating. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, April 24 report.

More important recent Mondelez International, Inc. (NASDAQ:MDLZ) news were published by: Globenewswire.com which released: “MondelÄ“z International Names Luca Zaramella as Chief Financial Officer” on June 19, 2018, also Prnewswire.com published article titled: “Genpact and MondelÄ“z International Co-innovate to Transform Operations for Growth through Faster, Smarter Insights …”, Globenewswire.com published: “MondelÄ“z International Completes Acquisition of Tate’s Bake Shop” on June 07, 2018. More interesting news about Mondelez International, Inc. (NASDAQ:MDLZ) was released by: Nasdaq.com and their article: “Mondelez International to Present at the Deutsche Bank Global Consumer Conference” with publication date: June 07, 2018.

Since February 16, 2018, it had 2 insider buys, and 3 sales for $1.03 billion activity. Another trade for 18.19M shares valued at $793.31 million was sold by MAY PETER W. BUNCH CHARLES E also bought $87,800 worth of Mondelez International, Inc. (NASDAQ:MDLZ) shares. 6.52M Mondelez International, Inc. (NASDAQ:MDLZ) shares with value of $284.87M were sold by PELTZ NELSON.

Investors sentiment increased to 1.04 in 2018 Q1. Its up 0.04, from 1 in 2017Q4. It improved, 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. Signaturefd Ltd Liability Corp, Georgia-based fund reported 14,752 shares. Lpl Financial Llc has invested 0.04% in Mondelez International, Inc. (NASDAQ:MDLZ). Moreover, Hap Trading Ltd Limited Liability Company has 0.42% invested in Mondelez International, Inc. (NASDAQ:MDLZ) for 199,893 shares. 23,367 were accumulated by Rodgers Brothers Inc. Gabelli Commerce Inv Advisers Inc owns 15,400 shares for 0.08% of their portfolio. Royal Retail Bank Of Canada reported 0.08% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ). Jones Financial Companies Lllp has invested 0.02% in Mondelez International, Inc. (NASDAQ:MDLZ). Anchor Capital Advsr Limited Liability holds 20,000 shares. Nomura Holdings Incorporated invested 0.32% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ). Birch Hill Investment Limited Liability, Massachusetts-based fund reported 14,745 shares. M&T National Bank & Trust holds 0.09% or 410,727 shares. Needelman Asset Inc has invested 1.64% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ). Tnb reported 0.04% in Mondelez International, Inc. (NASDAQ:MDLZ). West Family Invs has invested 0.22% in Mondelez International, Inc. (NASDAQ:MDLZ). Westwood Holding Group reported 59,909 shares.

United Asset Strategies Inc, which manages about $731.00M and $339.18M US Long portfolio, decreased its stake in General Dynamics Corp (NYSE:GD) by 14,357 shares to 25,408 shares, valued at $5.61 million in 2018Q1, according to the filing. It also reduced its holding in Spdr Index Shs Fds (GWL) by 14,710 shares in the quarter, leaving it with 8,015 shares, and cut its stake in Leggett & Platt Inc (NYSE:LEG).

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

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