Gemmer Asset Management Has Raised Its Mondelez Intl Cl A (MDLZ) Holding; 2 Analysts Are Bullish Dril-Quip, Inc. (DRQ) Last Week

October 15, 2017 - By Vivian Currie

Among 13 analysts covering Dril Quip (NYSE:DRQ), 2 have Buy rating, 0 Sell and 11 Hold. Therefore 15% are positive. Dril Quip had 34 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Friday, July 31 by Bank of America. The firm has “Equal Weight” rating given on Monday, May 1 by Barclays Capital. Piper Jaffray maintained Dril-Quip, Inc. (NYSE:DRQ) rating on Friday, July 28. Piper Jaffray has “Hold” rating and $4300 target. The stock of Dril-Quip, Inc. (NYSE:DRQ) earned “Sector Perform” rating by Howard Weil on Friday, July 29. Cowen & Co maintained Dril-Quip, Inc. (NYSE:DRQ) rating on Wednesday, April 27. Cowen & Co has “Market Perform” rating and $60 target. KLR Group initiated Dril-Quip, Inc. (NYSE:DRQ) rating on Monday, December 14. KLR Group has “Accumulate” rating and $75 target. The stock has “Hold” rating by Cowen & Co on Friday, July 7. The company was maintained on Monday, November 2 by FBR Capital. The company was maintained on Friday, July 31 by Howard Weil. The firm has “Neutral” rating by Suntrust Robinson given on Wednesday, February 24. See Dril-Quip, Inc. (NYSE:DRQ) latest ratings:

10/10/2017 Broker: FBR Capital Rating: Buy New Target: $55.0 Upgrade
06/10/2017 Broker: Cowen & Co Rating: Hold New Target: $43.0 Maintain
28/07/2017 Broker: Piper Jaffray Rating: Hold New Target: $43.0000 Maintain
07/07/2017 Broker: Cowen & Co Rating: Hold New Target: $55.0000 Maintain
28/06/2017 Broker: Scotia Capital Rating: Hold New Target: $61.0000
01/05/2017 Broker: Barclays Capital Old Rating: Overweight New Rating: Equal Weight Old Target: $77.00 New Target: $57.00 Downgrade

Gemmer Asset Management Llc increased Mondelez Intl Inc Cl A (MDLZ) stake by 120.84% reported in 2017Q2 SEC filing. Gemmer Asset Management Llc acquired 8,333 shares as Mondelez Intl Inc Cl A (MDLZ)’s stock rose 7.60%. The Gemmer Asset Management Llc holds 15,229 shares with $658,000 value, up from 6,896 last quarter. Mondelez Intl Inc Cl A now has $62.84B valuation. The stock decreased 0.31% or $0.13 on October 13, reaching $41.68. About 7.05 million shares traded. Mondelez International Inc (NASDAQ:MDLZ) has risen 5.69% since October 15, 2016 and is uptrending. It has underperformed by 11.01% the S&P500.

Investors sentiment decreased to 0.85 in 2017 Q2. Its down 0.25, from 1.1 in 2017Q1. It is negative, as 32 investors sold Dril-Quip, Inc. shares while 85 reduced holdings. 33 funds opened positions while 67 raised stakes. 44.13 million shares or 0.85% less from 44.51 million shares in 2017Q1 were reported. Gabelli Funds Ltd holds 0.01% or 25,500 shares. Dimensional Fund Limited Partnership owns 0.07% invested in Dril-Quip, Inc. (NYSE:DRQ) for 3.14 million shares. Tdam Usa Incorporated has invested 0.04% in Dril-Quip, Inc. (NYSE:DRQ). Bnp Paribas Arbitrage owns 20,521 shares. Kayne Anderson Rudnick Invest Ltd Liability Corp holds 2.22M shares. Wellington Group Inc Inc Limited Liability Partnership holds 17,373 shares or 0% of its portfolio. The Texas-based Texan Capital Mngmt has invested 4.92% in Dril-Quip, Inc. (NYSE:DRQ). Ftb Advsrs reported 175 shares or 0% of all its holdings. Franklin Res Incorporated has invested 0% in Dril-Quip, Inc. (NYSE:DRQ). Nikko Asset Americas reported 109,449 shares. Weaver C Barksdale & Associate owns 52 shares. Voya Inv Management Ltd Liability Company has invested 0.04% of its portfolio in Dril-Quip, Inc. (NYSE:DRQ). Dean Inv Associate Limited Com invested in 0.68% or 75,090 shares. State Board Of Administration Of Florida Retirement Sys reported 20,451 shares. Ny State Common Retirement Fund reported 0.01% in Dril-Quip, Inc. (NYSE:DRQ).

Dril-Quip, Inc. designs, makes, sells and services engineered drilling and production equipment. The company has market cap of $1.63 billion. The Company’s activities are organized into three geographic divisions: Western Hemisphere, including North and South America, headquartered in Houston, Texas; Eastern Hemisphere, including Europe and Africa, headquartered in Aberdeen, Scotland, and Asia-Pacific, including the Pacific Rim, Southeast Asia, Australia, India and the Middle East, headquartered in Singapore. It has a 79.16 P/E ratio. The Company’s equipment is suited for use in deepwater, harsh environments and service applications.

The stock increased 0.58% or $0.25 on October 13, reaching $43.05. About 444,977 shares traded. Dril-Quip, Inc. (NYSE:DRQ) has declined 8.80% since October 15, 2016 and is downtrending. It has underperformed by 25.50% the S&P500.

Investors sentiment increased to 0.99 in Q2 2017. Its up 0.09, from 0.9 in 2017Q1. It is positive, as 48 investors sold MDLZ shares while 407 reduced holdings. 91 funds opened positions while 359 raised stakes. 1.11 billion shares or 2.02% less from 1.13 billion shares in 2017Q1 were reported. Insight 2811 Inc reported 14,398 shares. Gemmer Asset Mngmt stated it has 15,229 shares. Axa reported 0.22% in Mondelez International Inc (NASDAQ:MDLZ). Farmers Natl Bank, Kentucky-based fund reported 13,999 shares. Sandy Spring Fincl Bank has invested 0.23% of its portfolio in Mondelez International Inc (NASDAQ:MDLZ). Bronson Point Mngmt invested in 60,000 shares or 1.16% of the stock. Livingston Group Incorporated Asset Mgmt (Operating As Southport Capital Management) holds 34,381 shares. M&T Commercial Bank Corp reported 0.11% in Mondelez International Inc (NASDAQ:MDLZ). Macquarie Group Incorporated Ltd invested in 16.80 million shares or 1.33% of the stock. Utah Retirement Sys holds 268,923 shares. Moreover, Axel Cap Mgmt Lc has 0.95% invested in Mondelez International Inc (NASDAQ:MDLZ). Montana-based Stack Mgmt has invested 1.66% in Mondelez International Inc (NASDAQ:MDLZ). Westover Capital Advisors Limited holds 1.01% or 35,608 shares. Clearbridge Ltd Com holds 0.21% of its portfolio in Mondelez International Inc (NASDAQ:MDLZ) for 5.05M shares. City Holdg Com reported 944 shares stake.

Among 21 analysts covering Mondelez International Inc (NASDAQ:MDLZ), 16 have Buy rating, 1 Sell and 4 Hold. Therefore 76% are positive. Mondelez International Inc had 50 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Friday, September 1 with “Buy”. RBC Capital Markets maintained the shares of MDLZ in report on Tuesday, October 3 with “Buy” rating. Piper Jaffray maintained Mondelez International Inc (NASDAQ:MDLZ) on Monday, September 18 with “Buy” rating. The firm has “Hold” rating by Stifel Nicolaus given on Tuesday, August 8. On Wednesday, February 15 the stock rating was initiated by Deutsche Bank with “Hold”. As per Wednesday, August 2, the company rating was maintained by BMO Capital Markets. As per Monday, September 18, the company rating was maintained by Stifel Nicolaus. The stock of Mondelez International Inc (NASDAQ:MDLZ) has “Outperform” rating given on Thursday, August 6 by CLSA. On Monday, October 26 the stock rating was initiated by Susquehanna with “Positive”. The rating was reinitiated by Deutsche Bank on Thursday, November 10 with “Hold”.

Since May 5, 2017, it had 0 insider buys, and 2 sales for $77.69 million activity. $269,220 worth of Mondelez International Inc (NASDAQ:MDLZ) was sold by Hargrove Robin S.. PELTZ NELSON sold $77.42M worth of stock or 1.73M shares.

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