Windsor Group LTD purchased a new position in shares of Mondelez International Inc (NASDAQ:MDLZ) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,142 shares of the company’s stock, valued at approximately $207,000.
A number of other large investors also recently modified their holdings of MDLZ. Exane Derivatives bought a new position in shares of Mondelez International in the 4th quarter worth about $33,000. Northwest Wealth Management LLC boosted its stake in Mondelez International by 355.4% during the 4th quarter. Northwest Wealth Management LLC now owns 838 shares of the company’s stock valued at $34,000 after purchasing an additional 654 shares during the last quarter. Sontag Advisory LLC acquired a new position in Mondelez International during the 4th quarter valued at about $34,000. PRW Wealth Management LLC acquired a new position in Mondelez International during the 4th quarter valued at about $36,000. Finally, Lake Point Wealth Management bought a new position in shares of Mondelez International during the 4th quarter worth approximately $36,000. 76.85% of the stock is currently owned by institutional investors and hedge funds.
Several research analysts recently issued reports on the stock. Zacks Investment Research lowered shares of Mondelez International from a “hold” rating to a “sell” rating in a research report on Wednesday, April 10th. ValuEngine downgraded shares of Mondelez International from a “buy” rating to a “hold” rating in a report on Tuesday, March 5th. Piper Jaffray Companies set a $48.00 price objective on shares of Mondelez International and gave the stock a “buy” rating in a research note on Friday, April 5th. UBS Group lifted their price objective on shares of Mondelez International to $56.00 and gave the stock a “buy” rating in a research note on Monday. They noted that the move was a valuation call. Finally, BidaskClub raised shares of Mondelez International from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 16th. One analyst has rated the stock with a sell rating, four have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Mondelez International currently has an average rating of “Buy” and an average target price of $47.90.
Shares of NASDAQ MDLZ traded down $0.12 during trading hours on Wednesday, hitting $50.00. 88,504 shares of the stock were exchanged, compared to its average volume of 6,150,646. The company has a quick ratio of 0.30, a current ratio of 0.45 and a debt-to-equity ratio of 0.49. The firm has a market cap of $72.38 billion, a PE ratio of 20.58, a price-to-earnings-growth ratio of 2.67 and a beta of 0.90. Mondelez International Inc has a 12 month low of $37.42 and a 12 month high of $50.52.
Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Wednesday, January 30th. The company reported $0.63 EPS for the quarter, hitting the consensus estimate of $0.63. The firm had revenue of $6.77 billion during the quarter, compared to analyst estimates of $6.77 billion. Mondelez International had a net margin of 12.64% and a return on equity of 14.03%. Mondelez International’s revenue was down 2.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.57 EPS. On average, equities research analysts anticipate that Mondelez International Inc will post 2.48 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, March 29th were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 2.08%. The ex-dividend date of this dividend was Thursday, March 28th. Mondelez International’s dividend payout ratio (DPR) is currently 42.80%.
In related news, EVP Gerhard W. Pleuhs sold 29,340 shares of the stock in a transaction on Wednesday, February 13th. The shares were sold at an average price of $47.72, for a total transaction of $1,400,104.80. Following the sale, the executive vice president now directly owns 229,700 shares of the company’s stock, valued at $10,961,284. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Vinzenz P. Gruber sold 10,945 shares of the stock in a transaction on Friday, February 1st. The stock was sold at an average price of $45.86, for a total transaction of $501,937.70. Following the sale, the executive vice president now directly owns 139,584 shares in the company, valued at $6,401,322.24. The disclosure for this sale can be found here. Insiders sold a total of 72,127 shares of company stock worth $3,398,519 over the last ninety days. Insiders own 1.50% of the company’s stock.
About Mondelez International
Mondelez International, Inc, through its subsidiaries, manufactures and markets snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products. The company's primary snack brand portfolio includes Cadbury, Milka, and Toblerone chocolates; Oreo, belVita, and LU biscuits; Halls candies; and Trident gums and Tang powdered beverages.
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