Mark Sheptoff Financial Planning LLC boosted its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 6.6% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 51,610 shares of the company’s stock after buying an additional 3,207 shares during the period. Mondelez International comprises 1.6% of Mark Sheptoff Financial Planning LLC’s holdings, making the stock its 16th largest position. Mark Sheptoff Financial Planning LLC’s holdings in Mondelez International were worth $2,223,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust raised its stake in Mondelez International by 0.6% in the first quarter. Parkside Financial Bank & Trust now owns 3,765 shares of the company’s stock valued at $162,000 after buying an additional 24 shares during the period. Alpha Windward LLC raised its stake in Mondelez International by 0.4% in the first quarter. Alpha Windward LLC now owns 6,091 shares of the company’s stock valued at $262,000 after buying an additional 26 shares during the period. Wealth Architects LLC raised its stake in Mondelez International by 0.6% in the first quarter. Wealth Architects LLC now owns 4,734 shares of the company’s stock valued at $204,000 after buying an additional 29 shares during the period. Adirondack Trust Co. raised its stake in Mondelez International by 2.0% in the first quarter. Adirondack Trust Co. now owns 2,330 shares of the company’s stock valued at $100,000 after buying an additional 45 shares during the period. Finally, Moloney Securities Asset Management LLC raised its stake in Mondelez International by 1.0% in the first quarter. Moloney Securities Asset Management LLC now owns 6,599 shares of the company’s stock valued at $284,000 after buying an additional 64 shares during the period. Institutional investors and hedge funds own 76.16% of the company’s stock.

Mondelez International, Inc. (NASDAQ MDLZ) traded down 1.56% during midday trading on Thursday, reaching $43.41. 10,048,634 shares of the company were exchanged. The firm has a market capitalization of $65.45 billion, a PE ratio of 38.42 and a beta of 1.19. The company has a 50-day moving average of $44.09 and a 200 day moving average of $44.53. Mondelez International, Inc. has a 52 week low of $40.50 and a 52 week high of $47.23.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Wednesday, August 2nd. The company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. The company had revenue of $5.99 billion for the quarter, compared to analyst estimates of $5.98 billion. Mondelez International had a return on equity of 11.58% and a net margin of 6.70%. Mondelez International’s revenue for the quarter was down 5.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.44 EPS. Equities analysts predict that Mondelez International, Inc. will post $2.11 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, July 13th. Shareholders of record on Friday, June 30th were given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date of this dividend was Wednesday, June 28th. Mondelez International’s dividend payout ratio is currently 68.47%.

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Several analysts have recently issued reports on MDLZ shares. TheStreet raised shares of Mondelez International from a “c” rating to a “b-” rating in a research report on Wednesday, April 26th. Deutsche Bank AG raised shares of Mondelez International from a “hold” rating to a “buy” rating and boosted their price target for the company from $49.00 to $51.00 in a research report on Wednesday, May 3rd. Credit Suisse Group reaffirmed a “buy” rating and set a $50.00 price objective on shares of Mondelez International in a research note on Wednesday, May 3rd. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a $49.00 price objective (down previously from $50.00) on shares of Mondelez International in a research note on Wednesday, June 28th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $53.00 price objective (down previously from $54.00) on shares of Mondelez International in a research note on Monday. Two analysts have rated the stock with a sell rating, two have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $50.33.

In other news, Director Trian Fund Management, L.P. sold 1,731,410 shares of the firm’s stock in a transaction dated Tuesday, May 9th. The stock was sold at an average price of $44.71, for a total transaction of $77,411,341.10. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Robin S. Hargrove sold 6,000 shares of the firm’s stock in a transaction dated Friday, May 12th. The stock was sold at an average price of $44.87, for a total value of $269,220.00. Following the sale, the executive vice president now directly owns 14,663 shares in the company, valued at approximately $657,928.81. The disclosure for this sale can be found here. 3.60% of the stock is owned by company insiders.

Mondelez International Company Profile

Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.

Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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